NOT LISTED FOR SALE

520 Fair St Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $452,989 - $544,000

3 Beds
1.5 Baths
1,974 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 21, 2012

Last sale price $215,000 $109 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,079/month

18 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Wood Flooring
  • Golf Course Community
  • Wooded Lot
  • Attic

About This Home

As of June 2012

Gaspee Plateau. Classic Colonial in heart of prime area. 3 huge beds, hardwoods on both floors. Finished basement, porch overlooking park like grounds. Bath has separate shower and tub.

Last Agent to Sell the Property

Jim Silberman

RE/MAX Professionals License #RES.0026855 Listed on: 05/03/2012

RE/MAX Professionals

Last Buyer's Agent

Timothy Mullaney

Weichert Realtors-Cress & Co. License #RES.0031861

Weichert Realtors-Cress & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1935

Lot Details

  • 7,700 Sq Ft Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 264-5
  • Assessor Parcel Number 520FAIRSTWARW

Community Details

Overview

  • Gaspee Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1768
  • Subdivision Name: GASPEE
  • Above Grade Finished Sq Ft: 1624.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 350.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Storage, Cable TV
  • Living Area: 1974.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7700.0
  • Parcel #: 520FAIRSTWARW

Tax Info

  • Tax Annual Amount: 3525.0
  • Tax Lot: 264-5
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Jun 22, 2012
Sold by
Desisto Gail M and Morlock Barry S
Bought by
Bullock Christopher M and Bullock Elizabeth R
Seller's Agent
Jim Silberman
RE/MAX Professionals
Buyer's Agent
Timothy Mullaney
Weichert Realtors-Cress & Co.
List Price
$224,900
Sold Price
$215,000
Premium/Discount to List
-$9,900
-4.4%
Current Estimated Value
$504,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,247
Avg. Annual Appreciation
6.53%
Original Mortgage
$211,105
Outstanding Balance
$145,852
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$358,395
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
Bullock Christopher M $215,000 --
Bullock Christopher M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullock Christopher M $211,105
Closed Bullock Christopher M $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2012 06/21/12 Sold $215,000 -4.4% $109 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $224,900 -- $114 / 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 $5,221 $411,100 $148,300 $262,800
2024 $4,628 $319,800 $128,900 $190,900
2023 $4,488 $316,300 $125,400 $190,900
2022 $4,235 $226,100 $86,200 $139,900
2021 $4,235 $226,100 $86,200 $139,900
2020 $4,235 $226,100 $86,200 $139,900
2019 $4,235 $226,100 $86,200 $139,900
2018 $4,177 $200,800 $80,000 $120,800
2017 $4,064 $200,800 $80,000 $120,800
2016 $4,064 $200,800 $80,000 $120,800
2015 $4,316 $208,000 $86,300 $121,700
2014 $4,172 $208,000 $86,300 $121,700
2013 $4,116 $208,000 $86,300 $121,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Silberman

    Seller's Agent in 2012

    Jim Silberman

    RE/MAX Professionals

    (401) 486-0195

    7 in this area

    48 Total Sales

    Jim Silberman
    Section Image
  • Timothy Mullaney

    Buyer's Agent in 2012

    Timothy Mullaney

    Weichert Realtors-Cress & Co.

    (401) 480-7089

    8 Total Sales

    Timothy Mullaney
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1016408

State-Wide MLS

APN: WARW-000303-000265-000000

Rhode Island Kent County Warwick 02888 Palace Garden

520 Fair St, Warwick, RI

Not Listed for Sale

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