NOT LISTED FOR SALE

56 Whipple Ave Warwick, RI 02889

Long Meadow Neighborhood

Estimated Value: $460,263 - $553,000

4 Beds
2 Baths
2,990 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $250,000 $84 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,213/month

61 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Porch
  • Deck
  • Walking Distance to Water
  • Screened Patio

About This Home

As of May 2019

Great home in Warwick with no flood insurance needed. Freshly painted, new roof, new electric baseboard installed to supplement gas heaters, sewers coming in May 2019 per City of Warwick. Two two bed units and one one bed. Appliances to remain. Come take a look at this money maker!!! Tax assessor has house listed as three family, but city has it zoned as a legal two family.

Last Agent to Sell the Property

John Kidd

Blackstone/Ocean Properties License #RES.0029041 Listed on: 02/05/2019

Last Buyer's Agent

Luis Monroy

The Network License #RES.0042996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1945

Lot Details

  • 7,780 Sq Ft Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

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

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0293
  • Assessor Parcel Number 56WHIPPLEAVWARW

Community Details

Overview

  • 4 Units
  • Long Meadow Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Public Transportation
  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,962

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Subdivision Name: Long Meadow
  • Above Grade Finished Sq Ft: 2990.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7780.0
  • Parcel #: 56WHIPPLEAVWARW
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 4962.0
  • Tax Lot: 0293
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
May 8, 2019
Sold by
Williams Roy F and Williams Candace M
Bought by
Duarte Edilberto J
Seller's Agent
John Kidd
Blackstone/Ocean Properties
Buyer's Agent
Luis Monroy
The Network
List Price
$258,500
Sold Price
$250,000
Premium/Discount to List
-$8,500
-3.29%
Current Estimated Value
$510,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,816
Avg. Annual Appreciation
11.45%
Original Mortgage
$237,500
Outstanding Balance
$210,139
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$284,664

Purchase Details

Closed on
Jan 19, 2005
Sold by
Iorfida-Gooding Lois A
Bought by
Williams Candace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Duarte Edilberto J $250,000 --
Williams Candace M $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duarte Edilberto J $237,500
Previous Owner Williams Candace M $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $250,000 -3.3% $84 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $258,500 -- $86 / 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 $5,143 $355,400 $93,000 $262,400
2023 $5,043 $355,400 $93,000 $262,400
2022 $4,358 $232,700 $55,500 $177,200
2021 $4,358 $232,700 $55,500 $177,200
2020 $4,358 $232,700 $55,500 $177,200
2019 $4,358 $232,700 $55,500 $177,200
2018 $3,220 $159,100 $55,500 $103,600
2017 $3,220 $159,100 $55,500 $103,600
2016 $3,220 $159,100 $55,500 $103,600
2015 $3,650 $175,900 $69,200 $106,700
2014 $3,529 $175,900 $69,200 $106,700
2013 $3,481 $175,900 $69,200 $106,700
Source: Public Records

Agents Affiliated with this Home

  • John Kidd

    Seller's Agent in 2019

    John Kidd

    Blackstone/Ocean Properties

    (401) 524-5854

    5 in this area

    63 Total Sales

    John Kidd
    Section Image
  • Luis Monroy

    Buyer's Agent in 2019

    Luis Monroy

    The Network

    (401) 999-9111

    1 in this area

    41 Total Sales

    Luis Monroy
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1214474

State-Wide MLS

APN: WARW-000355-000293-000000

Rhode Island Kent County Warwick 02889 Long Meadow

56 Whipple Ave, Warwick, RI

This home is located at 56 Whipple Ave, Warwick, RI 02889 since 05 February 2019 and is currently estimated at $510,816, approximately $170 per square foot. This property was built in 1945. 56 Whipple Ave is a home located in Kent County with nearby schools including Saint Kevin School and Bishop Hendricken High School.

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