NOT LISTED FOR SALE

48 Timberline Rd Warwick, RI 02886

Cowesett Neighborhood

Estimated Value: $574,845 - $648,000

4 Beds
2 Baths
2,201 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $349,000 $159 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,726/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Game Room
  • Deck
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2016

UPDATED 4 BED, 2 BATH COLONIAL IN THE HEART OF COWESETT. NEWER KITCHEN AND BATHS. 1ST FLOOR FAMILY RM, HARDWOODS, NEWER WINDOWS, FIREPLACED LIVING RM, FORMAL DINING, LARGE YARD. 2 CAR GARAGE. GAS 3 ZONE HEAT. MUST SEE!! A GEM!!

Last Agent to Sell the Property

NORMAN TOBIN

Real Estate Masters, Inc. License #RES.0012196 Listed on: 03/15/2016

Last Buyer's Agent

Jean Clarke

RE/MAX River's Edge License #RES.0019199

RE/MAX River's Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,897

Year Built

  • Built in 1962

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • 0.35 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 48TIMBERLINERDWARW

Community Details

Overview

  • Cowesett Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,897

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3546
  • Subdivision Name: COWESETT
  • Above Grade Finished Sq Ft: 1851.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 350.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Cable TV
  • Living Area: 2201.0
  • Dining Room Type: Game Room
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Fuses
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15447.0
  • Parcel #: 48TIMBERLINERDWARW
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 5897.0
  • Tax Lot: 75
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 27, 2016
Sold by
Shaffer James R and Shaffer Kathleen
Bought by
Hanney Peter and Hanney Deborah E
Seller's Agent
NORMAN TOBIN
Real Estate Masters, Inc.
Buyer's Agent
Jean Clarke
RE/MAX River's Edge
List Price
$369,900
Sold Price
$349,000
Premium/Discount to List
-$20,900
-5.65%
Current Estimated Value
$621,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,961
Avg. Annual Appreciation
6.17%
Original Mortgage
$331,550
Outstanding Balance
$262,528
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$359,433

Purchase Details

Closed on
Sep 23, 1991
Sold by
Hickey James E
Bought by
Shaffer James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Hanney Peter $349,000 --
Shaffer James R $168,000 --
Shaffer James R $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanney Peter $331,550
Previous Owner Shaffer James R $250,000
Previous Owner Shaffer James R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $349,000 -5.7% $159 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $369,900 -- $168 / 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
2025 $6,069 $477,900 $153,000 $324,900
2024 $6,115 $422,600 $133,100 $289,500
2023 $5,997 $422,600 $133,100 $289,500
2022 $5,995 $320,100 $91,600 $228,500
2021 $5,995 $320,100 $91,600 $228,500
2020 $5,995 $320,100 $91,600 $228,500
2019 $5,995 $320,100 $91,600 $228,500
2018 $5,757 $276,800 $91,600 $185,200
2017 $5,602 $276,800 $91,600 $185,200
2016 $5,602 $276,800 $91,600 $185,200
2015 $5,897 $284,200 $98,300 $185,900
2014 $5,701 $284,200 $98,300 $185,900
2013 $5,624 $284,200 $98,300 $185,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    NORMAN TOBIN

    Real Estate Masters, Inc.

  • J

    Buyer's Agent in 2016

    Jean Clarke

    RE/MAX River's Edge

    (401) 374-5039

    51 Total Sales

    Jean Clarke
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Map

Source: State-Wide MLS

MLS Number: 1120223

State-Wide MLS

APN: WARW-000234-000075-000000

Rhode Island Kent County Warwick 02886 Cowesett

48 Timberline Rd, Warwick, RI

Not Listed for Sale

Detached

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