NOT LISTED FOR SALE

Estimated Value: $1,641,000 - $1,908,000

6 Beds
5.5 Baths
6,645 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $880,000 $132 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,581/month

244 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • 1.01 Acre Lot
  • Contemporary Architecture

About This Home

As of November 2018

Priced to sell! Renovated, Upscale & ready to move in! Brand new designer kitchen equipped with top quality Wolf and Sub-Zero appliances. Panoramic water views. Master Suite with 2 walk-in closets & master bath. A bright & airy possible in-law or au pair 2 bedroom suite with a water view balcony & separate entrance. An elevator to carry you from the basement to the third floor, Fresh Paint, lighting & cabinetry, 6 Zone Hydro-heat, 5 Zone central air conditioning, Heated garage, 3 Sump Pumps, Integrated Heavy Duty Fans in Basement, Generator Ready, Alarmed Sewer Injection Pump, Brand New Garage Door Opener Motors, Outdoor Fully Enclosed Dog Kennel, 9 Zone Irrigation. 55 Tea House Lane is located in the premiere area of Warwick Neck with a generous 1 acre lot, underground utilities and beautifully landscaped grounds. The road, beginning at the historic Aldrich Estate, gracefully wraps around common grounds with scenic water views. Nestled in a time-honored neighborhood, boasting amenities such as picturesque seaside golfing, marina, restaurants, Ocean front walking path and a prestigious country club all situated on a quiet peninsula in the southeastern corner of Warwick, RI.

Last Agent to Sell the Property

Robin Garceau

Lila Delman Compass License #RES.0034679 Listed on: 02/07/2018

Last Buyer's Agent

Kara Guerette

RE/MAX Professionals License #RES.0042552

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 1.01 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Breezeway
  • Porch

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 55TEAHOUSELANEWARW

Community Details

Overview

  • Warwick Neck Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$54 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.01
  • Subdivision Name: Warwick Neck
  • Above Grade Finished Sq Ft: 4870.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1775.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Tub Shower, Elevator
  • Living Area: 6645.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Breezeway, Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 650.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43996.0
  • Parcel #: 55TEAHOUSELANEWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 23543.0
  • Tax Lot: 67
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Allen William M and Allen Joan A
Bought by
Allen Ft and Allen
Current Estimated Value
$1,786,440

Purchase Details

Listed on
Feb 7, 2018
Closed on
Nov 9, 2018
Sold by
Ocean State Builders L
Bought by
Allen William M and Allen Joan A
Seller's Agent
Robin Garceau
Lila Delman Compass
Buyer's Agent
Kara Guerette
RE/MAX Professionals
List Price
$995,000
Sold Price
$880,000
Premium/Discount to List
-$115,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$616,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2017
Sold by
Ocean State Builders L
Bought by
Narragansett Commons L

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 25, 2016
Sold by
Wells Fargo Bank Na
Bought by
Ocean State Builders L
Seller's Agent
Leann D'Ettore
Homistic Real Estate, Inc.
Buyer's Agent
Leann D'Ettore
Homistic Real Estate, Inc.
List Price
$725,000
Sold Price
$840,000
Premium/Discount to List
$115,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Aldrich Estate Llc
Bought by
Sundstrom Thomas H and Perry Kathleen E
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
Allen Ft -- None Available
Allen Ft -- None Available
Allen William M $880,000 --
Narragansett Commons L -- --
Ocean State Builders L $840,000 --
Sundstrom Thomas H $110,000 --
Allen William M $880,000 --
Narragansett Commons L -- --
Sundstrom Thomas H $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen William M $200,000
Previous Owner Allen William M $458,000
Previous Owner Allen William M $200,000
Previous Owner Allen William M $616,000
Previous Owner Sundstrom Thomas H $300,000
Previous Owner Sundstrom Thomas H $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $880,000 -11.6% $132 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $995,000 +18.5% $150 / Sq Ft
05/18/2016 05/18/16 Sold $840,000 +15.9% $156 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $725,000 -- $134 / 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 $24,567 $1,697,800 $456,800 $1,241,000
2023 $24,092 $1,697,800 $456,800 $1,241,000
2022 $22,302 $1,190,700 $247,000 $943,700
2021 $22,302 $1,190,700 $247,000 $943,700
2020 $21,942 $1,171,500 $247,000 $924,500
2019 $21,942 $1,171,500 $247,000 $924,500
2018 $27,684 $1,131,900 $315,800 $816,100
2017 $22,910 $1,131,900 $315,800 $816,100
2016 $29,275 $1,446,400 $315,800 $1,130,600
2015 $33,040 $1,592,300 $402,000 $1,190,300
2014 $31,942 $1,592,300 $402,000 $1,190,300
2013 $31,512 $1,592,300 $402,000 $1,190,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1182350

State-Wide MLS

APN: WARW-000381-000067-000000