NOT LISTED FOR SALE

55 Atlantic Ave Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $421,000 - $453,000

3 Beds
1 Bath
1,008 Sq Ft
$431/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $306,000 $304 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,751/month

23 Days on Market

Highlights

  • Solar Power System
  • Walking Distance to Water
  • Public Transportation
  • Wood Flooring
  • Bathtub with Shower
  • Shops

About This Home

As of March 2021

Exceptionally refinished ranch in Pawtuxet, just a few minutes walk to the water. Solar panels on the roof bring you a check every month from National Grid. This home offers the best of one level living, with the kitchen newly finished and gleaming hardwoods throughout. The full basement is ready to complete for extra living space. Maintenance free, new vinyl siding and replacement windows complete this newly painted home, all ready for you to move in.

Last Agent to Sell the Property

Cathy Drinkwater

Coldwell Banker Realty License #RES.0034805 Listed on: 02/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Karl Martone

RE/MAX Properties License #REB.0013618

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1965

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Solar Power System
  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 946
  • Assessor Parcel Number 55ATLANTICAVWARW

Community Details

Overview

  • Pawtuxet Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,130

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Pawtuxet
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Green Power: Solar
  • Building Stories: 1
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1008.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 55ATLANTICAVWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4130.0
  • Tax Lot: 946
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 31, 2021
Sold by
Russell Joseph
Bought by
Lemoi Hunter
Seller's Agent
Cathy Drinkwater
Coldwell Banker Realty
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$300,000
Sold Price
$306,000
Premium/Discount to List
$6,000
2%
Current Estimated Value
$434,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,060
Avg. Annual Appreciation
8.20%
Original Mortgage
$300,457
Outstanding Balance
$273,394
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$160,087

Purchase Details

Closed on
Nov 4, 2019
Sold by
Gillis James A
Bought by
Russell Joseph
Source: Public Records

Range of Values:

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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
Lemoi Hunter $306,000 None Available
Russell Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemoi Hunter $300,457
Previous Owner Gillis James A $61,918
Previous Owner Gillis James A $100,000
Previous Owner Gillis James A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $306,000 +2.0% $304 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $300,000 -- $298 / 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
2024 $4,682 $323,600 $113,900 $209,700
2023 $4,592 $323,600 $113,900 $209,700
2022 $4,304 $229,800 $73,300 $156,500
2021 $4,130 $220,500 $73,300 $147,200
2020 $4,130 $220,500 $73,300 $147,200
2019 $4,130 $220,500 $73,300 $147,200
2018 $3,536 $170,000 $73,300 $96,700
2017 $3,441 $170,000 $73,300 $96,700
2016 $3,441 $170,000 $73,300 $96,700
2015 $3,752 $180,800 $90,200 $90,600
2014 $3,627 $180,800 $90,200 $90,600
2013 $3,578 $180,800 $90,200 $90,600
Source: Public Records

Agents Affiliated with this Home

  • Cathy Drinkwater

    Seller's Agent in 2021

    Cathy Drinkwater

    Coldwell Banker Realty

    (401) 569-8511

    1 in this area

    12 Total Sales

    Cathy Drinkwater
    Section Image
  • Karl Martone

    Buyer's Agent in 2021

    Karl Martone

    RE/MAX Properties

    (401) 232-3900

    11 in this area

    336 Total Sales

    Karl Martone
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1274909

State-Wide MLS

APN: WARW-000293-000946-000000

Rhode Island Kent County Warwick 02888 Palace Garden

55 Atlantic Ave, Warwick, RI

This home is located at 55 Atlantic Ave, Warwick, RI 02888 since 05 February 2021 and is currently estimated at $434,060, approximately $430 per square foot. This property was built in 1965. 55 Atlantic Ave is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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