$228,500
SOLD FEB 14, 2018

59 Shippee Ave West Warwick, RI 02893

West Warwick Centre Neighborhood
4 Beds
2 Baths
1,700 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

14% Above List Price

18 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • Balcony
  • Wood Flooring
  • Tennis Courts
  • 1-minute walk to Bina's Playground

About This Home

As of October 2019

Beautifully maintained 2 family home located on a corner lot with fenced yard and patio surrounded by arborvitae. Each unit has 2 beds and 1 Bath with living room & dining room, eat in kitchen. Separate updated utilities, full basement, 2 car garage with 4 parking spaces.

Last Agent to Sell the Property

Pamela Christy

RE/MAX 1st Choice License #RES.0032684 Listed on: 12/27/2017

RE/MAX 1st Choice

Last Buyer's Agent

David Willis

Sand Point Associates License #REB.0014518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1940

Lot Details

  • 7,275 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Balcony
  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 428
  • Assessor Parcel Number 59SHIPPEEAVWWAR

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • 4 Units
  • Operating Expense $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,712

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 1700.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Balcony, Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7275.0
  • Parcel #: 59SHIPPEEAVWWAR
  • Zoning: R8
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4800.0

Tax Info

  • Tax Annual Amount: 3712.0
  • Tax Lot: 428
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 8, 2019
Sold by
Musto Walter A
Bought by
Cato Daniel J
Seller's Agent
Kris Lippi
Get Listed Realty
Buyer's Agent
Kerri Stetson
Century 21 Limitless PRG
List Price
$249,000
Sold Price
$258,000
Premium/Discount to List
$9,000
3.61%
Current Estimated Value
$442,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,980
Avg. Annual Appreciation
9.61%
Original Mortgage
$253,326
Outstanding Balance
$225,655
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$217,325

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 14, 2018
Sold by
Est Ribbing Gertrude and Ribbing Melvin P
Bought by
Musto Walter A
Seller's Agent
Pamela Christy
RE/MAX 1st Choice
Buyer's Agent
David Willis
Sand Point Associates
List Price
$199,900
Sold Price
$228,500
Premium/Discount to List
$28,600
14.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$178,500
Interest Rate
3.95%
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 Type Sale Price Title Company
Warranty Deed $258,000 --
Warranty Deed $228,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $253,326 FHA
Closed $12,000 Purchase Money Mortgage
Previous Owner $40,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $178,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $258,000 +3.6% $152 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $249,000 +9.0% $146 / Sq Ft
02/14/2018 02/14/18 Sold $228,500 +14.3% $134 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $199,900 -- $118 / 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 $5,860 $410,100 $83,800 $326,300
2024 $5,158 $276,000 $53,200 $222,800
2023 $5,056 $276,000 $53,200 $222,800
2022 $4,979 $276,000 $53,200 $222,800
2021 $4,356 $189,400 $43,700 $145,700
2020 $4,356 $189,400 $43,700 $145,700
2019 $5,553 $189,400 $43,700 $145,700
2018 $3,829 $141,100 $41,100 $100,000
2017 $3,712 $141,100 $41,100 $100,000
2016 $3,646 $141,100 $41,100 $100,000
2015 $3,531 $136,000 $41,100 $94,900
2014 $3,453 $136,000 $41,100 $94,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kris Lippi

    Get Listed Realty

    (860) 595-2506

    786 Total Sales

    Kris Lippi
    Section Image
  • Kerri Stetson

    Buyer's Agent in 2019

    Kerri Stetson

    Century 21 Limitless PRG

    (401) 639-9511

    1 in this area

    61 Total Sales

    Kerri Stetson
    Section Image
  • Pamela Christy

    Seller's Agent in 2018

    Pamela Christy

    RE/MAX 1st Choice

    (401) 533-1255

    1 in this area

    6 Total Sales

    Pamela Christy
    Section Image

  • D

    Buyer's Agent in 2018

    David Willis

    Sand Point Associates

    (401) 829-0334

    7 Total Sales

    David Willis
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1179803

State-Wide MLS

APN: WWAR-000005-000428-000000

Rhode Island Kent County West Warwick 02893 West Warwick Centre

59 Shippee Ave, West Warwick, RI

This home is located at 59 Shippee Ave, West Warwick, RI 02893 and is currently priced at $228,500, approximately $134 per square foot. This property was built in 1940. 59 Shippee Ave is a home located in Kent County with nearby schools including West Warwick High School and Islamic School of Rhode Island.

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