Seller's Agent in 2022
Paula Silva
Residential Properties Ltd.
(401) 996-9855
11 in this area
39 Total Sales
489 Main St Warren, RI 02885
Downtown Warren NeighborhoodEstimated Value: $1,076,027
5
Beds
5
Baths
4,905
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Tennis Courts
- Golf Course Community
- Attic
- 1-minute walk to Warren Recreation Park
About This Home
As of January 2022LOCATION!! LOCATION!! A great opportunity to have your own business and have the rent help pay the mortgage or simply a great investment in a very hot neighborhood. A wonderful tall brick mixed-use building once the home of the Haile Library until 1889. It still retains its vintage 1930's storefront from its days as a pharmacy, giving it great visibility on a corner with lg. glass windows and lots of light. The 1st fl. is a retail and co-working business with a lg. unfinished 2 rm basement, sm. kitchenette and 5 offices both upstairs and downstairs. The 2nd & 3rd fl units are loft like spaces uniquely laid out with hardwood floors throughout. All spaces have 10'-12' high, stamped tin ceilings and apts. offer rooftop views of town. Newer windows throughout, high efficiency boiler approx. 11 yrs. old and hardwired for smoke/fire & co2. This prominent c1872 Glenwood Building is one of the most visible blocks on Main St. with high foot traffic near the Town Hall, Fire & Police Station, the East Bay Bike Path and amongst several trendy restaurants, galleries and shops nearby. Across the street from a RI landmark, Delekta's Pharmacy where you can still get an iconic coffee cab from the original soda fountain. There is street parking & municipal lots across the street and it is also located on a public transportation rt. to Prov. & NPT. Warren is centrally located w/easy access to highway & only 20 min. to Prov., 35 to NPT and just over an hour to Boston & Cape Cod.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0027961 Listed on: 10/06/2021
Last Buyer's Agent
Holly Kee DaSilveira
Broadway Real Estate Group License #RES.0045881
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,226
Year Built
- Built in 1865
Lot Details
- 1,734
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Stone Foundation
- Plaster
Interior Spaces
- 4,905 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Workshop
- Storage Room
- Utility Room
- Wood Flooring
- Attic
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
Utilities
- Window Unit Cooling System
- Zoned Heating
- Heating System Uses Gas
- Hot Water Heating System
- 200+ Amp Service
- 100 Amp Service
- High-Efficiency Water Heater
- Gas Water Heater
Additional Features
- Walking Distance to Water
- 1,734 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 104
- Assessor Parcel Number 489MAINSTWARN
Community Details
Overview
- 4 Units
- Downtown Warren Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $7,284
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2021
Closed on
Jan 6, 2022
Sold by
489 Main Street Llc
Bought by
Pirri Dasilveira & Sons
Seller's Agent
Paula Silva
Residential Properties Ltd.
Buyer's Agent
Holly Kee DaSilveira
Broadway Real Estate Group
List Price
$829,000
Sold Price
$788,000
Premium/Discount to List
-$41,000
-4.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,027
Avg. Annual Appreciation
8.25%
Purchase Details
Closed on
Dec 28, 2017
Sold by
Ackley Edward S
Bought by
489 Main Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 1998
Sold by
Stanzione Paul L
Bought by
Ackley Edward S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pirri Dasilveira & Sons | $788,000 | None Available | |
| 489 Main Street Llc | $430,000 | -- | |
| Ackley Edward S | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 489 Main Street Llc | $322,500 | |
| Previous Owner | Ackley Edward S | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2022 01/06/22 | Sold | $788,000 | -4.9% | $161 / Sq Ft |
| 12/07/2021 12/07/21 | Pending | -- | -- | -- |
| 10/06/2021 10/06/21 | For Sale | $829,000 | -- | $169 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $11,011 | $739,500 | $128,700 | $610,800 |
| 2024 | $10,650 | $737,500 | $128,700 | $608,800 |
| 2023 | $9,409 | $688,800 | $128,700 | $560,100 |
| 2022 | $7,344 | $407,800 | $113,100 | $294,700 |
| 2021 | $7,226 | $407,800 | $113,100 | $294,700 |
| 2020 | $7,079 | $407,800 | $113,100 | $294,700 |
| 2019 | $6,778 | $354,700 | $110,900 | $243,800 |
| 2018 | $6,414 | $340,100 | $110,900 | $229,200 |
| 2017 | $6,397 | $340,100 | $110,900 | $229,200 |
| 2016 | $6,468 | $323,900 | $105,600 | $218,300 |
| 2015 | $6,468 | $323,900 | $105,600 | $218,300 |
| 2014 | $6,501 | $323,900 | $105,600 | $218,300 |
Source: Public Records
Agents Affiliated with this Home
-
Paula Silva
-
H
Buyer's Agent in 2022
Holly Kee DaSilveira
Broadway Real Estate Group
Map
Source: State-Wide MLS
MLS Number: 1294759
APN: WARR-000004-000000-000104
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