NOT LISTED FOR SALE

600 Warwick Ave Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $361,638 - $540,000

5 Beds
2 Baths
1,638 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $140,000 $85 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,710/month

49 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Shops
  • Corner Lot
  • Public Transportation
  • 4-minute walk to Warwick North Little League Baseball

About This Home

As of June 2014

Maintenance free 2-Family w/ month-to-month tenants in Place. Separate Utilities. Storage & Laundry for Each Unit. Great Investment or Owner-Occupant, Must See...Real Money Maker.

Last Agent to Sell the Property

Richard Holsombach

Lighthouse Real Estate Group License #RES.0033666 Listed on: 04/08/2014

Last Buyer's Agent

Stephanie Corsetti

Alliance Real Estate Group LLC License #REB.0016742

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,179

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 47
  • Assessor Parcel Number 600WARWICKAVWARW

Community Details

Overview

  • 2 Units
  • Lakewood Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,179

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Subdivision Name: LAKEWOOD
  • Above Grade Finished Sq Ft: 1638.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Interior Steps
  • Living Area: 1638.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Parcel #: 600WARWICKAVWARW
  • Zoning: Multi

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2179.0
  • Tax Lot: 47
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jun 27, 2014
Sold by
Jat Llc
Bought by
Tavares Kenny
Seller's Agent
Richard Holsombach
Lighthouse Real Estate Group
Buyer's Agent
Stephanie Corsetti
Alliance Real Estate Group LLC
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$447,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,660
Avg. Annual Appreciation
10.59%
Original Mortgage
$137,464
Outstanding Balance
$104,212
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$343,448

Purchase Details

Closed on
Dec 6, 2013
Sold by
Tedino Jarred A and Tedino Jennifer A
Bought by
Jat Llc

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jun 29, 2012
Sold by
Wells Fargo Bank Na
Bought by
Tedino Jarred and Tedino Jennifer
Seller's Agent
Jason Smith
JDS Realty Group
Buyer's Agent
Bob'S Team
RE/MAX FLAGSHIP, INC.
List Price
$99,500
Sold Price
$90,000
Premium/Discount to List
-$9,500
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$63,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Richards Dennis and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 6, 2011
Sold by
Rec Investments Llc and Warwick City Of
Bought by
Richards Dennis and Richards Shaquila

Purchase Details

Closed on
Sep 29, 2006
Sold by
Truong Khanh
Bought by
Richards Dennis A and Richards Shaquila

Purchase Details

Closed on
May 13, 2004
Sold by
Chor-Look Mary Kew and Look Wing Wah
Bought by
Truong Khanh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tavares Kenny $140,000 --
Jat Llc -- --
Tedino Jarred $90,000 --
Wells Fargo Bank Na $113,638 --
Richards Dennis $3,458 --
Richards Dennis A $259,000 --
Truong Khanh $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Khanh $137,464
Previous Owner Truong Khanh $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2014 06/27/14 Sold $140,000 -12.4% $85 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $159,900 +77.7% $98 / Sq Ft
06/29/2012 06/29/12 Sold $90,000 -9.5% $55 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $99,500 -- $60 / 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 $4,423 $348,300 $96,200 $252,100
2024 $4,202 $290,400 $80,400 $210,000
2023 $4,121 $290,400 $80,400 $210,000
2022 $3,789 $202,300 $52,300 $150,000
2021 $3,789 $202,300 $52,300 $150,000
2020 $3,789 $202,300 $52,300 $150,000
2019 $3,789 $202,300 $52,300 $150,000
2018 $3,214 $154,500 $50,300 $104,200
2017 $3,127 $154,500 $50,300 $104,200
2016 $3,127 $154,500 $50,300 $104,200
2015 $2,285 $110,100 $34,600 $75,500
2014 $2,209 $110,100 $34,600 $75,500
2013 $2,179 $110,100 $34,600 $75,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Holsombach

    Lighthouse Real Estate Group

    (401) 339-4401

    9 Total Sales

    Richard Holsombach
    Section Image
  • Stephanie Corsetti

    Buyer's Agent in 2014

    Stephanie Corsetti

    Alliance Real Estate Group LLC

    (401) 255-6666

    1 in this area

    29 Total Sales

    Stephanie Corsetti
    Section Image
  • Jason Smith

    Seller's Agent in 2012

    Jason Smith

    JDS Realty Group

    (413) 221-5918

    42 Total Sales

    Jason Smith
    Section Image

  • B

    Buyer's Agent in 2012

    Bob'S Team

    RE/MAX FLAGSHIP, INC.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1064228

State-Wide MLS

APN: WARW-000293-000047-000000

Rhode Island Kent County Warwick 02888 Palace Garden

600 Warwick Ave, Warwick, RI

Not Listed for Sale

MultiFamily

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