NOT LISTED FOR SALE

61 Merrymount Dr Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $639,000 - $654,000

3 Beds
2.5 Baths
2,376 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $570,000 $240 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,060/month

21 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Fireplaces
  • Colonial Architecture
  • Attic
  • Game Room

About This Home

As of January 2024

Step into this inviting colonial-style residence, perfectly situated in the coveted Governor Francis farms section of Warwick, minutes from Pawtuxet Village. The heart of this home is the recently updated kitchen complete with wine fridge and breakfast nook, creating a modern yet warm space for all of your culinary endeavors. Bedrooms and bathrooms have received the same thoughtful treatment, blending style and functionality seamlessly. The primary bedroom offers 2 closet options and a private bath of its own. A well defined living room with fireplace sets the stage for relaxation, a formal dining room offers an elegant space for gatherings, and a family room adds a cozy touch perfect for casual moments. As you step outside, the fully fenced yard invites you to enjoy a new patio that sets the stage for evenings dining al fresco or quiet moments in the fresh air. The two-car garage provides practical convince and the partially finished basement offers flexibility for recreation or storage. It's clear the only thing this home is missing is you!

Last Agent to Sell the Property

Joshua DePalma

HomeSmart Professionals License #RES.0033089 Listed on: 12/01/2023

HomeSmart Professionals

Last Buyer's Agent

Karl Martone

RE/MAX Properties License #REB.0013618

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,553

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Game Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Tax Lot 0195
  • Assessor Parcel Number 61MERRYMOUNTDRWARW

Community Details

Overview

  • Governor Francis Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,553

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Subdivision Name: Governor Francis
  • Above Grade Finished Sq Ft: 1968.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 408.0
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 2376.0
  • Dining Room Type: Game Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Clapboard, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13504.0
  • Parcel #: 61MERRYMOUNTDRWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6553.0
  • Tax Lot: 0195
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 31, 2024
Sold by
Lawrence Clayton P and Lawrence Emily C
Bought by
Bennett Molly and Bennett Joshua
Seller's Agent
Joshua DePalma
HomeSmart Professionals
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$569,900
Sold Price
$570,000
Premium/Discount to List
$100
0.02%
Views
213
Current Estimated Value
$647,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,793
Avg. Annual Appreciation
7.60%
Original Mortgage
$427,500
Outstanding Balance
$420,778
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$219,129

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 26, 2020
Sold by
Cowell H Thomas H and Cowell Teresa M
Bought by
Lawrence Clayton P and Cotter-Lawrence Emily
Seller's Agent
Greg Dantas
RI Real Estate Services
Buyer's Agent
Joshua DePalma
Next Home Real Estate
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$375,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2003
Sold by
Whelan Patrice M Est and Whelan
Bought by
Cowell Thomas and Lada Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bennett Molly $570,000 None Available
Lawrence Clayton P $395,000 None Available
Cowell Thomas $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Molly $32,150
Open Bennett Molly $427,500
Previous Owner Lawrence Clayton P $30,000
Previous Owner Lawrence Clayton P $375,250
Previous Owner Cowell Thomas $198,244
Previous Owner Cowell Thomas $228,000
Previous Owner Cowell Thomas $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $570,000 0.0% $240 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $569,900 +44.3% $240 / Sq Ft
07/03/2020 07/03/20 Sold $395,000 -1.2% $161 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $399,900 -- $163 / 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 $6,682 $461,800 $125,400 $336,400
2023 $6,553 $461,800 $125,400 $336,400
2022 $6,408 $342,100 $79,400 $262,700
2021 $6,408 $342,100 $79,400 $262,700
2020 $6,408 $342,100 $79,400 $262,700
2019 $6,408 $342,100 $79,400 $262,700
2018 $5,677 $287,300 $72,500 $214,800
2017 $5,815 $287,300 $72,500 $214,800
2016 $5,815 $287,300 $72,500 $214,800
2015 $5,596 $269,700 $93,900 $175,800
2014 $5,410 $269,700 $93,900 $175,800
2013 $5,337 $269,700 $93,900 $175,800
Source: Public Records

Agents Affiliated with this Home

  • Joshua DePalma

    Seller's Agent in 2024

    Joshua DePalma

    HomeSmart Professionals

    (401) 368-4929

    9 in this area

    68 Total Sales

    Joshua DePalma
    Section Image
  • Karl Martone

    Buyer's Agent in 2024

    Karl Martone

    RE/MAX Properties

    (401) 232-3900

    10 in this area

    337 Total Sales

    Karl Martone
    Section Image
  • Greg Dantas

    Seller's Agent in 2020

    Greg Dantas

    RI Real Estate Services

    (401) 742-3329

    2 in this area

    134 Total Sales

    Greg Dantas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1349022

State-Wide MLS

APN: WARW-000306-000195-000000

Rhode Island Kent County Warwick 02888 Palace Garden

61 Merrymount Dr, Warwick, RI

This home is located at 61 Merrymount Dr, Warwick, RI 02888 since 01 December 2023 and is currently estimated at $647,793, approximately $272 per square foot. This property was built in 1955. 61 Merrymount Dr is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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