Seller's Agent in 2022
Paula Silva
Residential Properties Ltd.
(401) 996-9855
11 in this area
43 Total Sales
49 Water St Warren, RI 02885
Downtown Warren NeighborhoodEstimated Value: $843,789
5
Beds
6
Baths
6,700
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Wood Flooring
- Beach Access
- Deck
- Tennis Courts
About This Home
As of June 2022Great opportunity to be a part of Warren's trendy Water St. and among its many antique/vintage shops, restaurants, gift, clothing boutiques, neighboring flower shop, jewelry store, and acupuncturist. This interesting 4 unit mixed-use property was believed to be 2 early buildings built in abt 1830 that were combined around 1939 to be one building. It has many possibilities offering 2 Apts. & 2 highly visible storefronts. If your looking for the perfect live/work situation, investment or an opportunity for your own business this could be it! Commercial unit 1S is vacant, previously a retail store and restaurant and will need a complete update to include a heating system. It has great light from lg. shop windows, HWD Fl, vintage tin ceilings & back storage area giving it lots of space for a multitude of uses. Endless permitted use possibilities in the VB zone for commercial space. Commercial unit 1N is occupied by Ananda Hair Salon.
Apt. 2S has 3 BRS w/Primary Suite & skylight, 2 FBTHS, FR DRS to deck off updated kitchen. Apt.2N has EK, LR and 2 BR, 1FBTH. This property backs up to the American Tourister Development with 290 units and The Guild Brewery on the waterfront, also giving it lots of foot traffic nearby. Also, a couple of blocks to the East Bay Bikepath where you can bike to Prov or Bristol.
Located 15 min. from Prov., 20 to Fall River, 30 min to New Bedford Ferry and the Islands and only 1.25 hrs to Boston.
Property is Sold "As Is" .
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0027961 Listed on: 04/14/2022
Last Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,294
Year Built
- Built in 1830
Lot Details
- 4,182
Home Design
- Brick Exterior Construction
- Brick Foundation
- Combination Foundation
- Wood Siding
- Shingle Siding
- Plaster
Interior Spaces
- 6,700 Sq Ft Home
- 3-Story Property
- Skylights
- Utility Room
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- 1 Parking Space
- No Garage
Outdoor Features
- Beach Access
- River Access
- Walking Distance to Water
- Deck
- Breezeway
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- 4,182 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 4951WATERSTWARN
Community Details
Overview
- 4 Units
- Historic Waterfront District Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $10,728
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
Jun 29, 2022
Sold by
Faniculated Consortium
Bought by
Devine Open Studio Llc
Seller's Agent
Paula Silva
Residential Properties Ltd.
Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
List Price
$649,000
Sold Price
$677,500
Premium/Discount to List
$28,500
4.39%
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
$166,289
Avg. Annual Appreciation
6.32%
Original Mortgage
$542,000
Outstanding Balance
$514,888
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,901
Purchase Details
Closed on
Nov 2, 2017
Sold by
Cranwell Ron J
Bought by
Faniculated Consortium
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 |
|---|---|---|---|
| Devine Open Studio Llc | $677,500 | None Available | |
| Faniculated Consortium | $410,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Devine Open Studio Llc | $542,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2022 06/29/22 | Sold | $677,500 | +4.4% | $101 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $649,000 | -- | $97 / 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 | $8,941 | $600,500 | $111,500 | $489,000 |
| 2024 | $8,671 | $600,500 | $111,500 | $489,000 |
| 2023 | $8,203 | $600,500 | $111,500 | $489,000 |
| 2022 | $6,397 | $355,200 | $97,600 | $257,600 |
| 2021 | $6,294 | $355,200 | $97,600 | $257,600 |
| 2020 | $6,166 | $355,200 | $97,600 | $257,600 |
| 2019 | $6,545 | $342,500 | $95,600 | $246,900 |
| 2018 | $6,460 | $342,500 | $95,600 | $246,900 |
| 2017 | $6,442 | $342,500 | $95,600 | $246,900 |
| 2016 | $6,510 | $326,000 | $91,600 | $234,400 |
| 2015 | $6,510 | $326,000 | $91,600 | $234,400 |
| 2014 | $6,543 | $326,000 | $91,600 | $234,400 |
Source: Public Records
Agents Affiliated with this Home
-
Paula Silva
-
T
Buyer's Agent in 2022
Taylor & Company
Residential Properties, Ltd.
-
Nelson Taylor
Buyer's Agent in 2022
Nelson Taylor
Compass
(401) 214-1524
3 in this area
598 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1307670
APN: WARR-000002-000000-000013
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