NOT LISTED FOR SALE

58 Colonial Ave Warwick, RI 02886

Nausauket Neighborhood

Estimated Value: $389,317 - $518,000

2 Beds
4 Baths
3,648 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $381,000 $104 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,751/month

69 Days on Market

Highlights

  • Marina
  • Window Unit Cooling System
  • Storage Room
  • Walking Distance to Water
  • Bathtub with Shower
  • Public Transportation

About This Home

As of June 2022

Unique 2-Family home located in historic Apponaug Village! Apartments on the first level are 600 sq ft each and consist of a kitchen, living room, bedroom, half-room and full bath. Current owners include everything in the rent for all units. Specifically, this includes heat, electric, water, sewer and cable for each unit. The heating system is natural gas using Intetellihot Boiler and tankless, on-demand, hot water heating system. Walk to Apponaug Cove and enjoy the water views. Elevation Certificate in hand. Convenient location is just minutes to TF Green Rhode Island International Airport, Route 95 N&S, retails shops and great restaurants nearby including the Crow's Nest, Cafe Tempo, Sweet Dee's, Captain's Catch and Vanda to name a few!

Last Agent to Sell the Property

John Chapski

Coldwell Banker Realty License #REB.0018078 Listed on: 03/08/2022

Coldwell Banker Realty

Last Buyer's Agent

Mike Zompa

RE/MAX Preferred License #RES.0031219

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 1765

Lot Details

  • 4,792

Home Design

  • Brick Foundation
  • Stone Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 027
  • Assessor Parcel Number 58COLONIALAVWARW

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Additional Features

  • 4 Units
  • Operating Expense $13,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,757

Year Built

Built in 1765

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 3648.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1765
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Foundation Details: Brick/Mortar, Stone
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 58COLONIALAVWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 13587.0

Tax Info

  • Tax Annual Amount: 3757.0
  • Tax Lot: 027
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jun 10, 2022
Sold by
Philbin Neil
Bought by
Yanish Michael J
Seller's Agent
John Chapski
Coldwell Banker Realty
Buyer's Agent
Mike Zompa
RE/MAX Preferred
List Price
$389,000
Sold Price
$381,000
Premium/Discount to List
-$8,000
-2.06%
Current Estimated Value
$455,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,579
Avg. Annual Appreciation
5.09%
Original Mortgage
$374,099
Outstanding Balance
$354,382
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$101,197
Source: Public Records
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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
Yanish Michael J $381,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yanish Michael J $374,099
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $381,000 -2.1% $104 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $389,000 -- $107 / 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 $4,430 $348,800 $111,400 $237,400
2024 $4,046 $279,600 $97,800 $181,800
2023 $3,968 $279,600 $97,800 $181,800
2022 $3,757 $200,600 $69,900 $130,700
2021 $3,757 $200,600 $69,900 $130,700
2020 $3,757 $200,600 $69,900 $130,700
2019 $3,757 $200,600 $69,900 $130,700
2018 $3,111 $153,700 $63,500 $90,200
2017 $3,111 $153,700 $63,500 $90,200
2016 $3,111 $153,700 $63,500 $90,200
2015 $2,969 $143,100 $51,700 $91,400
2014 $2,871 $143,100 $51,700 $91,400
2013 $2,832 $143,100 $51,700 $91,400
Source: Public Records

Agents Affiliated with this Home

  • John Chapski

    Seller's Agent in 2022

    John Chapski

    Coldwell Banker Realty

    (401) 808-9279

    6 in this area

    105 Total Sales

    John Chapski
    Section Image
  • Mike Zompa

    Buyer's Agent in 2022

    Mike Zompa

    RE/MAX Preferred

    (800) 536-0171

    1 in this area

    59 Total Sales

    Mike Zompa
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1304557

State-Wide MLS

APN: WARW-000245-000027-000000

Rhode Island Kent County Warwick 02886 Nausauket

58 Colonial Ave, Warwick, RI

Not Listed for Sale

MultiFamily

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