Seller's Agent in 2021
Matthew Romano
HomeSmart Professionals
(401) 743-2210
6 in this area
110 Total Sales
597 Main St Warren, RI 02885
Downtown Warren NeighborhoodEstimated Value: $562,845 - $627,000
8
Beds
3
Baths
2,636
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Attic
- Walking Distance to Water
- Laundry Room
- Tennis Courts
- Bathtub with Shower
- 2-minute walk to Warren Recreation Park
About This Home
As of June 2021LOCATION LOCATION LOCATION! Have You Been Waiting to Get a Solid Multi-Family in Warren's Growing Market? Well, Look No Further! This 3 Family Home Sits Right Downtown Near Everything Warren has to Offer! Perfect for a (future) Owner Occupant Looking to Cover their Living Expenses, or an Investor Looking for a Great Long Term Hold. This Well Maintained Beauty has 3 Bed Units on the 1st & 2nd Floor, and a Spacious 2 Bed unit on the 3rd Floor. Maintenance Free Exterior with Vinyl Siding and Vinyl Replacement Windows. Newer Appliances (3 Years Old), New 1st Floor Boiler, & New Water Heaters. Unit Rents are Under Market Value! ALL Utilities are Separate (Tenants Pay), INCLUDING Water. Separate Laundry Hookups in Basement, and Separate Storage in Basement for Each Unit. Off street Parking. Located Just a Walk Away from tons of Great Restaurants, Shops, The Warren Town Beach, Burr's Hill Park, The East Bay Bike Path. 5 Mins to Bristol, 15 Mins to Providence, 30 Mins to Newport. Don't Wait, and Make Your Move, Today! NOTE: Tenants in Place, on Leases Until 2022: No immediate owner-occupancy available due to current lease agreements. Will not pass owner-occupant financing requirements and will not entertain offers with such requirements. DO NOT WALK PROPERTY OR DISTURB TENANTS. BEST & FINAL OFFERS DUE BY TUESDAY 5/11 12pm.
Last Agent to Sell the Property
HomeSmart Professionals License #RES.0044322 Listed on: 04/21/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,260
Year Built
- Built in 1880
Lot Details
- 3,703
Home Design
- Brick Foundation
- Combination Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,636 Sq Ft Home
- 3-Story Property
- Storage Room
- Laundry Room
- Utility Room
- Vinyl Flooring
- Attic
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- Walking Distance to Water
- 3,703 Sq Ft Lot
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 68
- Assessor Parcel Number 597MAINSTWARN
Community Details
Overview
- 3 Units
- Downtown Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2021
Closed on
Jun 22, 2021
Sold by
Romano Stephen R
Bought by
Saviano Anthony
Seller's Agent
Matthew Romano
HomeSmart Professionals
Buyer's Agent
Anthony Saviano
Albert Realty Inc., REALTORS
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,461
Avg. Annual Appreciation
8.13%
Original Mortgage
$311,250
Outstanding Balance
$281,798
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,663
Purchase Details
Closed on
Sep 9, 1998
Sold by
Coelho Charles M
Bought by
Romano Stephen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,050
Interest Rate
6.92%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saviano Anthony | $415,000 | None Available | |
| Romano Stephen R | $132,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saviano Anthony | $311,250 | |
| Previous Owner | Romano Stephen R | $131,050 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2021 06/22/21 | Sold | $415,000 | +3.8% | $157 / Sq Ft |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $399,900 | -- | $152 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,812 | $390,300 | $133,000 | $257,300 |
| 2024 | $5,636 | $390,300 | $133,000 | $257,300 |
| 2023 | $5,331 | $390,300 | $133,000 | $257,300 |
| 2022 | $4,420 | $245,400 | $83,800 | $161,600 |
| 2021 | $4,348 | $245,400 | $83,800 | $161,600 |
| 2020 | $4,260 | $245,400 | $83,800 | $161,600 |
| 2019 | $3,990 | $208,800 | $67,100 | $141,700 |
| 2018 | $3,938 | $208,800 | $67,100 | $141,700 |
| 2017 | $3,928 | $208,800 | $67,100 | $141,700 |
| 2016 | $4,413 | $221,000 | $67,500 | $153,500 |
| 2015 | $4,413 | $221,000 | $67,500 | $153,500 |
| 2014 | $4,435 | $221,000 | $67,500 | $153,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Romano
-
Anthony Saviano
A
Buyer's Agent in 2021
Anthony Saviano
Albert Realty Inc., REALTORS
(401) 641-0342
3 in this area
11 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1280631
APN: WARR-000005-000000-000068
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