68 Lane 5 Warwick, RI 02888
Palace Garden NeighborhoodEstimated payment $2,162/month
Highlights
- Beach Access
 - Wood Flooring
 - Tennis Courts
 - Deck
 - Attic
 - 1 Car Detached Garage
 
About This Home
Looking for simple and quiet living near the beach? Come see this adorable cottage steps away from the beach within the private community of Gaspee Point on Narragansett Bay. This sweet home has one bedroom and full bathroom with spacious eat-in-kitchen and an extra large living room with a unique opportunity to live near the water. The sweet kitchen has character along with newer appliances. Private fenced-in backyard with a deck for peaceful and relaxing evenings. Young roof, charming built-ins, detached one car garage and short walk to the beach. Make this cottage your year round home or fun summertime getaway. Conveniently located near airport, train, restaurants and shopping in Pawtuxet Village. Pets are welcome, leased land and subject to buyers approval by association. Use your imagination to make this diamond in the rough your forever home.
Listing Agent
HomeSmart Professionals Brokerage Phone: 401-921-5011 Listed on: 09/04/2025
                        Home Details
Home Type
- Single Family
 
Est. Annual Taxes
- $3,280
 
Year Built
- Built in 1935
 
Lot Details
- Fenced
 - Land Lease
 
HOA Fees
- $475 Monthly HOA Fees
 
Parking
- 1 Car Detached Garage
 - Garage Door Opener
 - Driveway
 
Home Design
- Wood Siding
 - Vinyl Siding
 - Concrete Perimeter Foundation
 
Interior Spaces
- 863 Sq Ft Home
 - 1-Story Property
 - Storm Doors
 - Attic
 
Kitchen
- Oven
 - Range
 
Flooring
- Wood
 - Vinyl
 
Bedrooms and Bathrooms
- 1 Bedroom
 - 1 Full Bathroom
 - Bathtub with Shower
 
Unfinished Basement
- Interior Basement Entry
 - Crawl Space
 
Outdoor Features
- Beach Access
 - Water Access
 - Walking Distance to Water
 - Deck
 
Location
- Property near a hospital
 
Utilities
- No Cooling
 - Heating System Uses Gas
 - Baseboard Heating
 - 100 Amp Service
 - Gas Water Heater
 - Cable TV Available
 
Listing and Financial Details
- Tax Lot 58
 - Assessor Parcel Number 68LANE5LANEWARW
 
Community Details
Overview
- Gaspee Point Subdivision
 
Amenities
- Shops
 - Restaurant
 - Public Transportation
 
Recreation
- Tennis Courts
 - Recreation Facilities
 
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,959 | $135,400 | $0 | $135,400 | 
| 2023 | $1,921 | $135,400 | $0 | $135,400 | 
| 2022 | $1,982 | $105,800 | $0 | $105,800 | 
| 2021 | $1,982 | $105,800 | $0 | $105,800 | 
| 2020 | $1,982 | $105,800 | $0 | $105,800 | 
| 2019 | $1,982 | $105,800 | $0 | $105,800 | 
| 2018 | $1,662 | $79,900 | $0 | $79,900 | 
| 2017 | $1,617 | $79,900 | $0 | $79,900 | 
| 2016 | $1,617 | $79,900 | $0 | $79,900 | 
| 2015 | $1,239 | $59,700 | $0 | $59,700 | 
| 2014 | $1,198 | $59,700 | $0 | $59,700 | 
| 2013 | $1,181 | $59,700 | $0 | $59,700 | 
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale | 
|---|---|---|---|---|---|
| 10/26/2025 10/26/25 | For Sale | $270,000 | 0.0% | $313 / Sq Ft | |
| 10/25/2025 10/25/25 | Off Market | $270,000 | -- | -- | |
| 10/22/2025 10/22/25 | Price Changed | $270,000 | -3.2% | $313 / Sq Ft | |
| 10/01/2025 10/01/25 | Price Changed | $279,000 | -3.5% | $323 / Sq Ft | |
| 09/15/2025 09/15/25 | Price Changed | $289,000 | -3.3% | $335 / Sq Ft | |
| 09/04/2025 09/04/25 | For Sale | $299,000 | +283.3% | $346 / Sq Ft | |
| 01/04/2016 01/04/16 | Sold | $78,000 | -2.4% | $90 / Sq Ft | View Prior Sale | 
| 12/05/2015 12/05/15 | Pending | -- | -- | -- | |
| 09/22/2015 09/22/15 | For Sale | $79,900 | -- | $93 / Sq Ft | 
Purchase History
| Date | Type | Sale Price | Title Company | 
|---|---|---|---|
| Not Resolvable | $92,500 | -- | |
| Deed | $78,000 | -- | |
| Deed | $120,000 | -- | 
Mortgage History
| Date | Status | Loan Amount | Loan Type | 
|---|---|---|---|
| Open | $87,875 | Unknown | |
| Previous Owner | $62,400 | No Value Available | |
| Previous Owner | $70,000 | Purchase Money Mortgage | 
Source: State-Wide MLS
MLS Number: 1394337
APN: WARW-000305-000058-009868
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