NOT LISTED FOR SALE

5 Locust Terrace Warren, RI 02885

Beach Terrace Neighborhood

Estimated Value: $502,216 - $657,000

1 Bed
1 Bath
797 Sq Ft
$725/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $240,000 $301 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,623/month

180 Days on Market

Highlights

  • Beach Front
  • River Access
  • Deck
  • Marina
  • Spa
  • Cathedral Ceiling

About This Home

As of September 2015

ADORABLE WATERFRONT COTTAGE W/GORGEOUS WATERVIEWS & SUNSETS LOCATED BETWEEN WARREN RIVER & EAST BAY BIKE PATH. GUTTED & REBUILT IN 2001. CATHEDRAL CEILINGS, HARDWOODS, GAS FP, MOORINGS, BASEMENT. CONNECTED TO GAS/WATER/SEWER. A VERY SPECIAL PROPERTY!

Last Agent to Sell the Property

Dory Skemp

Residential Properties Ltd. License #RES.0022429 Listed on: 03/02/2015

Residential Properties Ltd.

Last Buyer's Agent

Dory Skemp

Residential Properties Ltd. License #RES.0022429 Listed on: 03/02/2015

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,661

Year Built

  • Built in 1939

Lot Details

  • 4,362 Sq Ft Lot
  • Beach Front
  • Property is zoned 02

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 797 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Spa
  • River Access
  • Mooring
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • 200+ Amp Service
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 5LOCUSTTERWARN

Community Details

Recreation

  • Marina

Additional Features

  • South Warren Riverfront Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,661

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1001
  • Subdivision Name: SOUTH WARREN RIVERFRONT
  • Above Grade Finished Sq Ft: 797.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1939
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Cathedral Ceiling(s), High Ceilings, Storage, Vaulted Ceiling(s), Jetted Tub, Cable TV
  • Living Area: 797.0
  • Stories: 1
  • Window Features: Thermal Windows

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Mooring, River Access, Water Access
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4362.0
  • Parcel #: 5LOCUSTTERWARN
  • Zoning: 02

Tax Info

  • Tax Annual Amount: 5661.0
  • Tax Lot: 47
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Sep 30, 2015
Sold by
Cabral Edward J
Bought by
Meek David A
Seller's Agent
Dory Skemp
Residential Properties Ltd.
Buyer's Agent
Dory Skemp
Residential Properties Ltd.
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Current Estimated Value
$577,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,804
Avg. Annual Appreciation
9.00%
Original Mortgage
$23,700
Outstanding Balance
$11,744
Interest Rate
3.95%
Estimated Equity
$566,060
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meek David A $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meek David A $23,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $240,000 -7.3% $301 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $259,000 -- $325 / 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 $7,110 $477,500 $393,300 $84,200
2024 $6,895 $477,500 $393,300 $84,200
2023 $6,523 $477,500 $393,300 $84,200
2022 $6,035 $335,100 $275,200 $59,900
2021 $5,938 $335,100 $275,200 $59,900
2020 $5,817 $335,100 $275,200 $59,900
2019 $5,911 $309,300 $255,200 $54,100
2018 $5,833 $309,300 $255,200 $54,100
2017 $5,818 $309,300 $255,200 $54,100
2016 $5,661 $283,500 $220,700 $62,800
2015 $5,661 $283,500 $220,700 $62,800
2014 $5,690 $283,500 $220,700 $62,800
Source: Public Records

Agents Affiliated with this Home

  • Dory Skemp

    Seller's Agent in 2015

    Dory Skemp

    Residential Properties Ltd.

    29 Total Sales

    Dory Skemp
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1089166

State-Wide MLS

APN: WARR-000015C-000000-000047

Rhode Island Bristol County Warren 02885 Beach Terrace

5 Locust Terrace, Warren, RI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes