Seller's Agent in 2023
Jack Silberman
Blue Star Properties
(401) 578-4648
5 in this area
64 Total Sales
505 Fair St Warwick, RI 02888
Palace Garden NeighborhoodEstimated Value: $507,000 - $582,757
3
Beds
1.5
Baths
1,791
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Marina
- Colonial Architecture
- Tennis Courts
- Golf Course Community
- Wood Flooring
- 2 Car Detached Garage
About This Home
As of January 2023A classic Center Hall Colonial in the heart of Gaspee Plateau. One mile from historic Pawtuxet Village. This home has many of the original details that the neighborhood is known for-- Hardwoods, Glass doors, Crown moldings and original door knobs throughout-- all in excellent shape. From the Front Hall there are double glass doors on each side. To the left leads to a front-to-back Living Room with a brick fireplace, built-in bookcases and walk around access of an open air porch. Upstairs there are three good size bedrooms and a full bathroom with a separate shower and tub. Heading to the right from the first floor hall leads into the Dining room and Kitchen. The Dining room boasts a built-in corner hutch and is opened to the Kitchen which has the original tall cabinets and many updated appliances. In 2019 this home was also updated with Gas cooking and Heating. The Kitchen blends into the rear hall with additional storage, access to the lower level and a First floor LaVette at the back door. The Exterior is in great shape with beautiful stone stairs and landings, vinyl siding, a brick patio and a functional garage set back behind the house. Reach out today for more detail or to set up a private showing.
Last Agent to Sell the Property
Blue Star Properties License #REB.0016706 Listed on: 09/30/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,892
Year Built
- Built in 1935
Lot Details
- 4,356
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2-Story Property
- Fireplace Features Masonry
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Electric Water Heater
Additional Features
- 4,356 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 231
- Assessor Parcel Number 505FAIRSTWARW
Community Details
Overview
- Gaspee Plateau Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2022
Closed on
Jan 17, 2023
Sold by
Garnaat Sarah and Pasterino Nicholas
Bought by
Medrek Katherine and Leas Mollye
Seller's Agent
Jack Silberman
Blue Star Properties
Buyer's Agent
Kassi Mazzucco
Compass
List Price
$459,900
Sold Price
$439,900
Premium/Discount to List
-$20,000
-4.35%
Views
182
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
$104,789
Avg. Annual Appreciation
7.41%
Original Mortgage
$395,910
Outstanding Balance
$385,928
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,552
Purchase Details
Listed on
May 1, 2019
Closed on
Jun 25, 2019
Sold by
Perez Lawrence P
Bought by
Garnaat Sarah and Pasterino Nicholas
Seller's Agent
Fromm Davis Group
RE/MAX Professionals
Buyer's Agent
Joshua Deaner
Mott & Chace Sotheby's Intl.
List Price
$325,000
Sold Price
$308,500
Premium/Discount to List
-$16,500
-5.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$246,800
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2011
Sold by
Rix Kurt A and Rix Sharon A
Bought by
Perez Lawrence P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 1995
Sold by
Storti Kia D
Bought by
Rix Kurt A and Rix Sharon
Purchase Details
Closed on
Jan 11, 1994
Sold by
Peterson Louise T
Bought by
Storti Kia D
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 |
|---|---|---|---|
| Medrek Katherine | $439,900 | None Available | |
| Garnaat Sarah | $308,500 | -- | |
| Perez Lawrence P | $255,000 | -- | |
| Rix Kurt A | $136,000 | -- | |
| Storti Kia D | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medrek Katherine | $395,910 | |
| Previous Owner | Garnaat Sarah | $246,800 | |
| Previous Owner | Storti Kia D | $195,500 | |
| Previous Owner | Storti Kia D | $204,000 | |
| Previous Owner | Storti Kia D | $194,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2023 01/17/23 | Sold | $439,900 | 0.0% | $246 / Sq Ft |
| 10/27/2022 10/27/22 | Price Changed | $439,900 | -4.3% | $246 / Sq Ft |
| 09/30/2022 09/30/22 | For Sale | $459,900 | +49.1% | $257 / Sq Ft |
| 06/26/2019 06/26/19 | Sold | $308,500 | -5.1% | $172 / Sq Ft |
| 05/27/2019 05/27/19 | Pending | -- | -- | -- |
| 05/01/2019 05/01/19 | For Sale | $325,000 | -- | $181 / 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 |
|---|---|---|---|---|
| 2024 | $5,554 | $383,800 | $120,500 | $263,300 |
| 2023 | $5,446 | $383,800 | $120,500 | $263,300 |
| 2022 | $4,892 | $261,200 | $83,200 | $178,000 |
| 2021 | $4,892 | $261,200 | $83,200 | $178,000 |
| 2020 | $4,892 | $261,200 | $83,200 | $178,000 |
| 2019 | $4,892 | $261,200 | $83,200 | $178,000 |
| 2018 | $4,544 | $224,500 | $75,900 | $148,600 |
| 2017 | $4,544 | $224,500 | $75,900 | $148,600 |
| 2016 | $4,544 | $224,500 | $75,900 | $148,600 |
| 2015 | $4,882 | $235,300 | $82,100 | $153,200 |
| 2014 | $4,720 | $235,300 | $82,100 | $153,200 |
| 2013 | $4,657 | $235,300 | $82,100 | $153,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Silberman
-
Kassi Mazzucco
Buyer's Agent in 2023
Kassi Mazzucco
Compass
(401) 660-6222
3 in this area
143 Total Sales
-
F
Seller's Agent in 2019
Fromm Davis Group
RE/MAX Professionals
-
T
Seller Co-Listing Agent in 2019
The Legacy Group
RE/MAX Professionals
-
Joshua Deaner
Buyer's Agent in 2019
Joshua Deaner
Mott & Chace Sotheby's Intl.
(401) 556-1116
61 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1321189
APN: WARW-000303-000231-000000
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