NOT LISTED FOR SALE

48 Michigan Ave Warwick, RI 02888

Lincoln Park Neighborhood

Estimated Value: $399,000 - $478,000

3 Beds
1.5 Baths
1,860 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $280,000 $151 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,908/month

37 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Attic
  • Contemporary Architecture
  • Wood Flooring
  • Game Room

About This Home

As of May 2020

Fantastic contemporary home with updated kitchen, 4-season sunroom and fenced yard. Open concept living is complete with cathedral ceilings and lots of natural light throughout the living areas. This home features three large bedrooms, updated main bathroom, half bathroom on lower level with laundry room and a bonus area featuring a wet bar with office space. The exterior updates include recently-painted siding, a young roof, over-sized Trex deck and a new driveway.

Last Agent to Sell the Property

Jessica Lavoie

Residential Properties Ltd. License #RES.0041297 Listed on: 03/12/2020

Residential Properties Ltd.

Last Buyer's Agent

Yaniur Perez

Broadway Real Estate Group License #RES.0033128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,908

Year Built

  • Built in 1989

Lot Details

  • 7,405

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Game Room
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 0120
  • Assessor Parcel Number 48MICHIGANAVWARW

Community Details

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,908

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 1132.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 728.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 1860.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Laundry, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 48MICHIGANAVWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4908.0
  • Tax Lot: 0120
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 15, 2020
Sold by
Oreilly Sean J and Oreilly Christina
Bought by
Ortega-Hernandez A Y
Seller's Agent
Jessica Lavoie
Residential Properties Ltd.
Buyer's Agent
Yaniur Perez
Broadway Real Estate Group
List Price
$270,000
Sold Price
$280,000
Premium/Discount to List
$10,000
3.7%
Current Estimated Value
$452,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,591
Avg. Annual Appreciation
8.78%
Original Mortgage
$274,928
Outstanding Balance
$247,845
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$186,261

Purchase Details

Closed on
Jun 8, 2011
Sold by
Oreilly Sean J
Bought by
Oreilly Sean J and Oreilly Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,099
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Powers Robert J and Powers Doreen M
Bought by
Oreilly Sean J

Purchase Details

Closed on
May 8, 1989
Sold by
Perri John F
Bought by
Powers Robert J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortega-Hernandez A Y $280,000 None Available
Oreilly Sean J -- --
Oreilly Sean J $270,500 --
Powers Robert J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega-Hernandez A Y $274,928
Previous Owner Oreilly Sean J $222,832
Previous Owner Powers Robert J $227,099
Previous Owner Powers Robert J $244,800
Previous Owner Powers Robert J $45,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $280,000 +3.7% $151 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $270,000 -- $145 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,913 $339,500 $88,800 $250,700
2023 $4,818 $339,500 $88,800 $250,700
2022 $4,420 $236,000 $57,900 $178,100
2021 $4,420 $236,000 $57,900 $178,100
2020 $4,420 $236,000 $57,900 $178,100
2019 $4,420 $236,000 $57,900 $178,100
2018 $3,951 $195,200 $57,900 $137,300
2017 $3,951 $195,200 $57,900 $137,300
2016 $3,951 $195,200 $57,900 $137,300
2015 $3,617 $174,300 $51,300 $123,000
2014 $3,496 $174,300 $51,300 $123,000
2013 $3,449 $174,300 $51,300 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Jessica Lavoie

    Seller's Agent in 2020

    Jessica Lavoie

    Residential Properties Ltd.

    (401) 231-9497

    65 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2020

    Yaniur Perez

    Broadway Real Estate Group

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1249587

State-Wide MLS

APN: WARW-000310-000120-000000

Rhode Island Kent County Warwick 02888 Lincoln Park

48 Michigan Ave, Warwick, RI

This home is located at 48 Michigan Ave, Warwick, RI 02888 since 12 March 2020 and is currently estimated at $452,290, approximately $243 per square foot. This property was built in 1989. 48 Michigan Ave is a home located in Kent County with nearby schools including Nel/Cps Construction Career, St Rose Of Lima School, and St. Peter School.

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