NOT LISTED FOR SALE

Estimated Value: $458,000 - $473,000

6 Beds
3 Baths
2,126 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $67,500 $32 Per Sq Ft

Est. 591% increase in value since last sale

Current estimated payment $2,941/month

84 Days on Market

Highlights

  • Tennis Courts
  • Public Transportation
  • Property near a hospital
  • Thermal Windows
  • Shops
  • 3-minute walk to West Warwick Skate Park

About This Home

As of June 2012

SUPER VALUE FOR THE MONEY! LEGAL THREE UNIT! TWO UNITS POSSIBLE 3 BEDS EACH. 1ST FLOOR STUDIO UNIT! NEW ROOF, VINYL SIDED, NEWER WINDOWS, MECHANICALS ARE IN TACT! A LITTLE TLC, MAKES THIS INCOME CASTLE SPARKLE! DON'T MISS THIS ONE!

Last Agent to Sell the Property

Fred D'Aguanno

Derby Properties, Inc. License #REB.0018177 Listed on: 02/10/2012

Last Buyer's Agent

David Colardo

Re/Max Central

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,384 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,126 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 201
  • Assessor Parcel Number 68CENTRALSTWWAR

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • River Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1236
  • Subdivision Name: RIVER POINT
  • Above Grade Finished Sq Ft: 2126.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1880
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 3
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 2126.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5384.0
  • Parcel #: 68CENTRALSTWWAR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3646.0
  • Tax Lot: 201
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jun 1, 2012
Sold by
Fnma
Bought by
Geleney Kevin
Seller's Agent
Fred D'Aguanno
Derby Properties, Inc.
Buyer's Agent
David Colardo
Re/Max Central
List Price
$67,500
Sold Price
$67,500
Current Estimated Value
$466,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,833
Avg. Annual Appreciation
15.59%
Original Mortgage
$92,603
Outstanding Balance
$64,387
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$401,946

Purchase Details

Closed on
May 5, 2011
Sold by
Mcburnie Kenneth P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 4, 2005
Sold by
Chavez Porfirio and Velslasquez Amanda
Bought by
Mcburnie Kenneth P and Mcburnie Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1998
Sold by
Santos Irene Est and Petrarca Mairie G
Bought by
Chavez Porfirio and Veslasques Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Geleney Kevin $67,500 --
Federal National Mortgage Association $241,774 --
Mcburnie Kenneth P $290,000 --
Chavez Porfirio $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Porfirio $92,603
Previous Owner Chavez Porfirio $232,000
Previous Owner Chavez Porfirio $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2012 06/04/12 Sold $67,500 0.0% $32 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $67,500 -- $32 / 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 $5,628 $368,100 $76,000 $292,100
2024 $4,989 $243,700 $48,300 $195,400
2023 $4,891 $243,700 $48,300 $195,400
2022 $4,813 $243,700 $48,300 $195,400
2021 $6,121 $204,800 $39,700 $165,100
2020 $6,121 $204,800 $39,700 $165,100
2019 $6,005 $204,800 $39,700 $165,100
2018 $5,445 $138,900 $37,300 $101,600
2017 $5,271 $138,900 $37,300 $101,600
2016 $5,177 $138,900 $37,300 $101,600
2015 $4,826 $129,500 $37,300 $92,200
2014 $4,720 $129,500 $37,300 $92,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1010165

State-Wide MLS

APN: WWAR-000018-000201-000000