NOT LISTED FOR SALE

55 Balcom Ave Warwick, RI 02889

Warwick Neck Neighborhood

Estimated Value: $478,000 - $544,000

3 Beds
1.5 Baths
1,600 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $270,000 $169 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,276/month

104 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Colonial Architecture
  • Water Views
  • 0.72 Acre Lot
  • Deck

About This Home

As of March 2013

Striking water views from almost every room.High quality construction,plenty of closets,double lot,great expansion potential.Original,fully restored extra wide windows,crown molding,tile,doors,hardwoods throughout.Adjacent lot included in sale.

Last Agent to Sell the Property

Len Iannuccilli

RE/MAX Professionals License #REB.0010818 Listed on: 11/12/2012

RE/MAX Professionals

Last Buyer's Agent

Warren Wright

RE/MAX Five Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,704

Year Built

  • Built in 1937

Lot Details

  • 0.72 Acre Lot
  • Property is zoned dbl lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Storm Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 53 & 52
  • Assessor Parcel Number 55BALCOMAVWARW

Community Details

Overview

  • Warwick Neck Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,704

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7231
  • Subdivision Name: WARWICK NECK
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1937
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 1600.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 31500.0
  • Parcel #: 55BALCOMAVWARW
  • Zoning: dbl lot
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4704.0
  • Tax Lot: 53 & 52
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Mar 27, 2013
Sold by
Clements Jeffrey F
Bought by
Bonn Steven A and Bennett Heidi J
Seller's Agent
Len Iannuccilli
RE/MAX Professionals
Buyer's Agent
Warren Wright
RE/MAX Five Star
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Total Days on Market
104
Current Estimated Value
$508,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,080
Avg. Annual Appreciation
5.45%
Original Mortgage
$190,000
Outstanding Balance
$44,628
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$471,616

Purchase Details

Closed on
Nov 30, 2010
Sold by
Phoenix Worldwide
Bought by
Clements Jeffrey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2010
Sold by
Clark Peter and Kitson-Clark Diane
Bought by
Clements Jeffery F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Bonn Steven A $270,000 --
Clements Jeffrey F -- --
Clements Jeffery F $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Peter P $190,000
Previous Owner Clark Peter P $25,000
Previous Owner Clark Peter P $93,000
Previous Owner Clark Peter P $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $270,000 -9.7% $169 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $299,000 -- $187 / 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 $5,219 $360,700 $141,500 $219,200
2023 $5,118 $360,700 $141,500 $219,200
2022 $4,810 $256,800 $86,100 $170,700
2021 $4,810 $256,800 $86,100 $170,700
2020 $4,810 $256,800 $86,100 $170,700
2019 $4,810 $256,800 $86,100 $170,700
2018 $4,591 $220,700 $86,100 $134,600
2017 $4,467 $220,700 $86,100 $134,600
2016 $4,467 $220,700 $86,100 $134,600
2015 $4,640 $223,600 $101,900 $121,700
2014 $4,485 $223,600 $101,900 $121,700
2013 $4,425 $223,600 $101,900 $121,700
Source: Public Records

Agents Affiliated with this Home

  • Len Iannuccilli

    Seller's Agent in 2013

    Len Iannuccilli

    RE/MAX Professionals

    (401) 884-3999

    2 in this area

    27 Total Sales

    Len Iannuccilli
    Section Image

  • W

    Buyer's Agent in 2013

    Warren Wright

    RE/MAX Five Star

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1029205

State-Wide MLS

APN: WARW-000378-000053-000000

Rhode Island Kent County Warwick 02889 Warwick Neck

55 Balcom Ave, Warwick, RI

This home is located at 55 Balcom Ave, Warwick, RI 02889 since 12 November 2012 and is currently estimated at $508,080, approximately $317 per square foot. This property was built in 1937. 55 Balcom Ave is a home located in Kent County with nearby schools including Saint Kevin School and Bishop Hendricken High School.

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