$100,000
SOLD JUN 27, 2016

601 Post Rd Warwick, RI 02888

Lakewood Neighborhood
3 Beds
2 Baths
1,452 Sq Ft
0.28 Acres

Recently Sold

$69 Per Sq Ft

33% Below List Price

183 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Heating System Uses Steam
  • 1 Car Attached Garage
  • Shops
  • 1-minute walk to Sprague Playground

About This Home

As of November 2016

great opportunity for investor or owner occupied. Needs some updating and repair, copper has left the building and needs some mold remediation. Buyer to "Hold Harmless". Worth the effort at this price. Good location. Being sold AS-IS.

Last Agent to Sell the Property

Brian Marvelle

Connect Realty.com License #RES.0026758 Listed on: 11/26/2015

Connect Realty.com

Last Buyer's Agent

Brian Marvelle

RE/MAX Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 0.28 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 601POSTRDWARW

Community Details

Overview

  • 2 Units
  • Lakewood Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2763
  • Co List Office Mls Id: CNCT
  • Co List Office Phone: 401-751-8300
  • Subdivision Name: LAKEWOOD
  • Above Grade Finished Sq Ft: 1452.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1943
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 1452.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • 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 Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12036.0
  • Parcel #: 601POSTRDWARW
  • Zoning: A7
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2826.0
  • Tax Lot: 180
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 23, 2016
Sold by
3 Kids Llc
Bought by
Hynes Kenneth B
Seller's Agent
Dwight Leigh
RE/MAX Professionals
Buyer's Agent
Dean Charpentier
Keller Williams Realty
List Price
$188,000
Sold Price
$184,000
Premium/Discount to List
-$4,000
-2.13%
Current Estimated Value
$421,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,319
Avg. Annual Appreciation
9.88%
Original Mortgage
$147,200
Outstanding Balance
$119,618
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$302,257

Purchase Details

Listed on
Nov 26, 2015
Closed on
May 27, 2016
Sold by
Capuano Brian and Us Bank Na
Bought by
Us Bank Na
Seller's Agent
Brian Marvelle
Connect Realty.com
Buyer's Agent
Brian Marvelle
RE/MAX Premier
List Price
$149,000
Sold Price
$100,000
Premium/Discount to List
-$49,000
-32.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.48%
Original Mortgage
$108,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2014
Sold by
Shawomet Land Co and Warwick Town Of
Bought by
Shawomet Land Co and Capuano

Purchase Details

Closed on
Apr 16, 2012
Sold by
Warwick City Of and Shawomet Land Co
Bought by
Capuano Brian

Purchase Details

Closed on
Jul 28, 2011
Sold by
Capuano Brian and Warwick City Of
Bought by
Shawomet Land Co

Purchase Details

Closed on
Jun 7, 2006
Sold by
Fooks Brent A and Fooks Christine
Bought by
Capuano Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993
Sold by
Connecticut Realty Co
Bought by
Fooks Brent A and Fooks Christine
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 $184,000 --
Foreclosure Deed $129,400 --
Deed $3,716 --
Deed $2,663 --
Deed $2,055 --
Deed $235,000 --
Warranty Deed $83,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,200 New Conventional
Previous Owner $108,000 New Conventional
Previous Owner $176,250 Purchase Money Mortgage
Previous Owner $58,750 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $184,000 -2.1% $127 / Sq Ft
10/23/2016 10/23/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $188,000 +88.0% $129 / Sq Ft
06/27/2016 06/27/16 Sold $100,000 -32.9% $69 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
11/26/2015 11/26/15 For Sale $149,000 -- $103 / 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
2024 $4,865 $336,200 $88,000 $248,200
2023 $4,769 $336,100 $88,000 $248,100
2022 $4,574 $244,200 $55,500 $188,700
2021 $4,574 $244,200 $55,500 $188,700
2020 $4,574 $244,200 $55,500 $188,700
2019 $4,512 $240,900 $55,700 $185,200
2018 $3,625 $174,300 $55,700 $118,600
2017 $3,528 $174,300 $55,700 $118,600
2016 $3,528 $174,300 $55,700 $118,600
2015 $2,826 $136,200 $45,300 $90,900
2014 $2,732 $136,200 $45,300 $90,900
2013 $2,695 $136,200 $45,300 $90,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dwight Leigh

    RE/MAX Professionals

    Section Image

  • B

    Seller's Agent in 2016

    Brian Marvelle

    Connect Realty.com

    Section Image

  • D

    Buyer's Agent in 2016

    Dean Charpentier

    Keller Williams Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1113325

State-Wide MLS

APN: WARW-000289-000180-000000

Rhode Island Kent County Warwick 02888 Lakewood

601 Post Rd, Warwick, RI

This home is located at 601 Post Rd, Warwick, RI 02888 and is currently priced at $100,000, approximately $68 per square foot. This property was built in 1943. 601 Post Rd is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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