Joseph McCarthy
August Associates, LLC
(401) 414-0481
37 Total Sales
1 in West Warwick Centre
$179,900 Price
59 E Main St West Warwick, RI 02893
West Warwick Centre Neighborhood
5
Beds
3
Baths
2,450
Sq Ft
6,530
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Bathtub with Shower
- Public Transportation
- Porch
- Storage Room
- Shops
About This Home
As of October 2023Incredible opportunity awaits with this fantastic 3-family home! This rare gem is a perfect fit for an owner-occupant seeking a comfortable living space while benefiting from rental income, or for an astute investor looking to maximize their returns. Boasting two spacious 2-bedroom units and a separate studio, this property offers remarkable versatility and excellent income potential. What sets this property apart is the ease of management - tenants cover utilities, allowing for hassle-free operation and peace of mind. With a garage, off-street parking, and on-site laundry facilities, convenience is at your doorstep. The recent renovations ensure modern comfort and style throughout, making it an attractive choice for any discerning buyer. Situated in a prime location, this property grants quick access to an array of amenities, including shopping, dining, and entertainment options. Leveraging the $17,500 Rhode Island Housing grant program, a first-time buyer could step into homeownership with minimal financial stress. Investors will also find this property to be a promising addition to their portfolio, given its strong income-producing potential. Don't miss out on this outstanding income-generating opportunity! Act swiftly to secure your foothold in the Rhode Island real estate market.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,412
Year Built
- Built in 1900
Lot Details
- 6,530
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,450 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
- Vinyl Flooring
- Storm Doors
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- Porch
- 6,530 Sq Ft Lot
Listing and Financial Details
- Tax Lot 106
- Assessor Parcel Number 59MAINSTWWAR
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Shops
- Public Transportation
Building Details
- Operating Expense $34,969
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Sean Ahn
Green Island Realty, Inc.
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Views
194
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$292,778
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 22, 2021
Closed on
Jul 21, 2021
Sold by
Bought by
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
The DiSpirito Team
Engel & Volkers Oceanside
List Price
$220,000
Sold Price
$220,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.42%
Original Mortgage
$165,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Warwick Centre, RI
-
Joseph McCarthy
-
Debi Tofani
Debi Tofani
BHHS Pinnacle Realty
(401) 372-8236
32 Total Sales
2 in West Warwick Centre
$305K - $475K Price Range
-
Jaclyn Arruda
Jaclyn Arruda
JPAR Prime Real Estate
(401) 234-8052
54 Total Sales
1 in West Warwick Centre
$295,000 Price
-
Kimberly Goodby
Kimberly Goodby
Milestone Realty, Inc.
(401) 583-6884
10 Total Sales
2 in West Warwick Centre
$315K - $393K Price Range
-
Jennifer Gorman-Smith
Jennifer Gorman-Smith
RE/MAX Properties
(401) 652-6277
73 Total Sales
1 in West Warwick Centre
$600,000 Price
-
James Luth
James Luth
HERE Realty
(401) 648-6012
86 Total Sales
1 in West Warwick Centre
$310,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $430,000 | None Available | ||
| $220,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $300,000 | ||
| Previous Owner | $100,000 | ||
| Closed | $165,000 | ||
| Previous Owner | $85,760 | ||
| Previous Owner | $103,000 | ||
| Previous Owner | $30,000 | ||
| Previous Owner | $145,000 | ||
| Previous Owner | $113,000 | ||
| Previous Owner | $86,600 | ||
| Previous Owner | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $430,000 | -2.3% | $176 / Sq Ft | |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- | |
| 08/22/2023 08/22/23 | For Sale | $439,900 | +100.0% | $180 / Sq Ft | |
| 07/22/2021 07/22/21 | Sold | $220,000 | 0.0% | $147 / Sq Ft | View Prior Sale |
| 07/22/2021 07/22/21 | For Sale | $220,000 | -- | $147 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,882 | $384,700 | $79,900 | $304,800 |
| 2024 | $7,348 | $262,800 | $50,700 | $212,100 |
| 2023 | $4,484 | $223,400 | $50,700 | $172,700 |
| 2022 | $4,412 | $223,400 | $50,700 | $172,700 |
| 2021 | $6,988 | $233,800 | $41,700 | $192,100 |
| 2020 | $6,988 | $233,800 | $41,700 | $192,100 |
| 2019 | $6,732 | $229,600 | $41,700 | $187,900 |
| 2018 | $5,467 | $150,300 | $39,200 | $111,100 |
| 2017 | $5,704 | $150,300 | $39,200 | $111,100 |
| 2016 | $5,602 | $150,300 | $39,200 | $111,100 |
| 2015 | $5,844 | $156,800 | $39,200 | $117,600 |
| 2014 | $5,715 | $156,800 | $39,200 | $117,600 |
Source: Public Records
Agents Affiliated with this Home
-
The DiSpirito Team
Seller's Agent in 2023
The DiSpirito Team
Engel & Volkers Oceanside
(401) 244-8355
9 in this area
466 Total Sales
-
Sean Ahn
S
Buyer's Agent in 2023
Sean Ahn
Green Island Realty, Inc.
(401) 346-1234
1 in this area
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1341789
APN: WWAR 018-0106-0-000
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