NOT LISTED FOR SALE

5 Locust Terrace Warren, RI 02885

Beach Terrace Neighborhood

Estimated Value: $446,000 - $645,000

1 Bed
1 Bath
797 Sq Ft
$681/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2015

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

Est. 126% increase in value since last sale

Current estimated payment $3,519 / mo

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

  • Cabin
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 797 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Storage
  • 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
  • Hydromassage or Jetted Bathtub

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

4,362 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Sep 30, 2015
Sold by
Bought by
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
$542,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,752
Avg. Annual Appreciation
7.90%
Original Mortgage
$23,700
Outstanding Balance
$11,744
Interest Rate
3.95%
Estimated Equity
$531,008
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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.

    25 Total Sales

    Dory Skemp
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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

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