NOT LISTED FOR SALE

553 Fair St Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $482,204 - $602,000

3 Beds
1.5 Baths
1,804 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $256,000 $142 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,139/month

34 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 2 Car Detached Garage
  • Wood Flooring
  • Walking Distance to Water
  • Cooling Available

About This Home

As of March 2013

Move right into this Charming Colonial in Gaspee Plateau! Boasts shiny hardwoods, a sunny & spacious living room, updated bath,stainless steel appliances, finished room in basement,custom built-ins,newer windows/roof/heat, 2 car garage!A MUST SEE!

Last Agent to Sell the Property

Alyson Roslonek

Milestone Realty, Inc. License #RES.0035448 Listed on: 01/16/2013

Last Buyer's Agent

Patricia Oliver

Keller Williams Coastal License #RES.0024070

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 1935

Lot Details

  • 7,019 Sq Ft Lot
  • Fenced
  • Property is zoned A7

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • Gaspee Plateau Subdivision

Listing and Financial Details

  • Tax Lot 0213
  • Assessor Parcel Number 553FAIRSTWARW

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,431

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1611
  • Subdivision Name: GASPEE PLATEAU
  • Above Grade Finished Sq Ft: 1454.0
  • 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: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas 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: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1804.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Aluminum Siding, Brick
  • Exterior Features: Patio, Paved Driveway
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7019.0
  • Parcel #: 553FAIRSTWARW
  • Zoning: A7

Tax Info

  • Tax Annual Amount: 4431.0
  • Tax Lot: 0213
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Mar 22, 2013
Sold by
Conti-Bodurtha Harmony and Bodurtha Samuel C
Bought by
Sorrell Tracy A
Seller's Agent
Alyson Roslonek
Milestone Realty, Inc.
Buyer's Agent
Patricia Oliver
Keller Williams Coastal
List Price
$265,000
Sold Price
$256,000
Premium/Discount to List
-$9,000
-3.4%
Current Estimated Value
$523,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,551
Avg. Annual Appreciation
5.73%
Original Mortgage
$226,000
Outstanding Balance
$157,495
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$366,056

Purchase Details

Closed on
May 18, 2007
Sold by
Rutledge Joshua W and Rutledge Jessica D
Bought by
Conti-Bodurtha Harmony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Hughes Patricia M
Bought by
Rutledge Joshua W and Rutledge Jessica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,670
Interest Rate
5.95%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 1999
Sold by
Freedman Phyllis C
Bought by
Hughes Patricia M

Purchase Details

Closed on
Oct 28, 1991
Sold by
Leverich Cynthia L
Bought by
Bailey Merrill R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sorrell Tracy A $256,000 --
Conti-Bodurtha Harmony $285,000 --
Rutledge Joshua W $315,000 --
Hughes Patricia M $133,000 --
Bailey Merrill R $135,000 --
Bailey Merrill R $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Merrill R $226,000
Previous Owner Bailey Merrill R $228,000
Previous Owner Bailey Merrill R $321,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $256,000 -3.4% $142 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $265,000 -- $147 / 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 $5,046 $397,300 $147,000 $250,300
2024 $4,873 $336,800 $127,800 $209,000
2023 $4,779 $336,800 $127,800 $209,000
2022 $4,600 $245,600 $89,300 $156,300
2021 $4,600 $245,600 $89,300 $156,300
2020 $4,600 $245,600 $89,300 $156,300
2019 $4,600 $245,600 $89,300 $156,300
2018 $4,389 $211,000 $82,900 $128,100
2017 $4,271 $211,000 $82,900 $128,100
2016 $4,271 $211,000 $82,900 $128,100
2015 $4,577 $220,600 $90,200 $130,400
2014 $4,425 $220,600 $90,200 $130,400
2013 $4,366 $220,600 $90,200 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Alyson Roslonek

    Seller's Agent in 2013

    Alyson Roslonek

    Milestone Realty, Inc.

    (401) 529-7030

    52 Total Sales

    Alyson Roslonek
    Section Image
  • Patricia Oliver

    Buyer's Agent in 2013

    Patricia Oliver

    Keller Williams Coastal

    (401) 573-9970

    3 in this area

    15 Total Sales

    Patricia Oliver
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1032201

State-Wide MLS

APN: WARW-000303-000213-000000

Rhode Island Kent County Warwick 02888 Palace Garden

553 Fair St, Warwick, RI

Not Listed for Sale

Detached

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