NOT LISTED FOR SALE

497 Lake Shore Dr Warwick, RI 02889

Hoxie Neighborhood

Estimated Value: $475,000 - $520,000

3 Beds
2 Baths
1,602 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $352,500 $220 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,065/month

17 Days on Market

Highlights

  • Water Views
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Cathedral Ceiling
  • 1 Car Detached Garage

About This Home

As of May 2021

Live the Pond life minutes to everything! This well maintained 3 Bedroom home features open floor plan with cathedral ceilings, 2 full bathrooms, spacious kitchen with granite open to living room. Flexible living options with family room, wet bar with sliders out to deck and outdoor pergola for summertime fun. Vinyl siding/windows for easy maintenance; detached garage for storage of kayaks and SUP. Keep cool with updated split AC systems on each floor, updated flooring and recent paint make this one a turn key option you don't want to miss. Subject to Seller Finding Suitable Housing

Last Agent to Sell the Property

Dean Benjamin

RE/MAX Professionals License #REB.0016536 Listed on: 03/30/2021

RE/MAX Professionals

Last Buyer's Agent

Fromm Davis Group

RE/MAX Professionals

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 2001

Lot Details

  • 4,792

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,602 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Laminate Flooring
  • Water Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Deck
  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 497LAKESHOREDRWARW

Community Details

Overview

  • Warwick Pond Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,875

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Warwick Pond
  • Above Grade Finished Sq Ft: 1602.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower
  • Living Area: 1602.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 497LAKESHOREDRWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4875.0
  • Tax Lot: 36
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 14, 2021
Sold by
Mclarnon Barry and Mclarnon Amanda
Bought by
Giles Brent W
Seller's Agent
Dean Benjamin
RE/MAX Professionals
Buyer's Agent
Fromm Davis Group
RE/MAX Professionals
List Price
$300,000
Sold Price
$352,500
Premium/Discount to List
$52,500
17.5%
Current Estimated Value
$490,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,553
Avg. Annual Appreciation
7.56%
Original Mortgage
$360,607
Outstanding Balance
$325,407
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,646

Purchase Details

Closed on
Sep 27, 2010
Sold by
Mclarnon Barry and Mclarnon Amanda
Bought by
Mclarnon Barry and Mclarnon Amanda

Purchase Details

Closed on
Oct 31, 2008
Sold by
Kue Fue P and Yang Mai C
Bought by
Mclarnon Barry and Mclarnon Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Mendes Lawrence
Bought by
Kue Fu P and Yang Mai C

Purchase Details

Closed on
Aug 21, 2001
Sold by
Centerville Builders
Bought by
Mendes Lawrence and Mendes Tina

Purchase Details

Closed on
Feb 2, 2001
Sold by
Lake Mary J Est and Gianotti
Bought by
Rdp Builders Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giles Brent W $352,500 None Available
Mclarnon Barry -- --
Mclarnon Barry $205,000 --
Kue Fu P $162,000 --
Mendes Lawrence $148,500 --
Rdp Builders Inc $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giles Brent W $360,607
Previous Owner Rdp Builders Inc $174,250
Previous Owner Rdp Builders Inc $152,000
Previous Owner Rdp Builders Inc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $352,500 +17.5% $220 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $300,000 -- $187 / 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 $5,804 $457,000 $118,000 $339,000
2024 $5,392 $372,600 $97,500 $275,100
2023 $5,287 $372,600 $97,500 $275,100
2022 $5,261 $280,900 $66,500 $214,400
2021 $5,261 $280,900 $66,500 $214,400
2020 $4,875 $260,300 $66,500 $193,800
2019 $4,875 $260,300 $66,500 $193,800
2018 $4,356 $215,200 $59,500 $155,700
2017 $4,356 $215,200 $59,500 $155,700
2016 $4,356 $215,200 $59,500 $155,700
2015 $3,978 $191,700 $53,200 $138,500
2014 $3,846 $191,700 $53,200 $138,500
2013 $3,794 $191,700 $53,200 $138,500
Source: Public Records

Agents Affiliated with this Home

  • Dean Benjamin

    Seller's Agent in 2021

    Dean Benjamin

    RE/MAX Professionals

    (401) 965-0225

    1 in this area

    115 Total Sales

    Dean Benjamin
    Section Image

  • F

    Buyer's Agent in 2021

    Fromm Davis Group

    RE/MAX Professionals

    Section Image

  • A

    Buyer Co-Listing Agent in 2021

    Alexandra Ventura

    RE/MAX Professionals

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1278837

State-Wide MLS

APN: WARW-000326-000036-000000

Rhode Island Kent County Warwick 02889 Hoxie

497 Lake Shore Dr, Warwick, RI

Not Listed for Sale

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