NOT LISTED FOR SALE

Estimated Value: $517,345 - $598,000

4 Beds
2 Baths
3,114 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $500,000 $161 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,433/month

34 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Heating System Uses Steam
  • Attic
  • Baseboard Heating
  • Utility Room

About This Home

As of December 2022

Great investment opportunity off Narragansett Parkway! Low maintenance exterior, separate utilities for both gas & electric. Separate driveways for each unit parking. First floor tenant in place below market rent, second floor vacant with the unit being remodeled tastefully. Good sized rear yard. Overall great location! Owner financing possible.

Last Agent to Sell the Property

The Fooks Team

Coldwell Banker Realty Listed on: 09/20/2022

Coldwell Banker Realty

Co-Listed By

Kenneth Townsend

Coldwell Banker Realty License #REB.0019658

Last Buyer's Agent

Joseph Amen

Oakmont Realty Group License #RES.0046797

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1915

Lot Details

  • 5,663

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,114 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Outbuilding
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 69HULLSTWARW

Community Details

Overview

  • 2 Units
  • Gaspee/Pilgrim Subdivision

Additional Features

  • Public Transportation
  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: CBRB06
  • Co List Office Phone: 401-884-8050
  • Subdivision Name: Gaspee/Pilgrim
  • Above Grade Finished Sq Ft: 3114.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1915
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, 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, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 69HULLSTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Lot: 102
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Dec 16, 2022
Sold by
Leonard Robert
Bought by
Amen Joseph
Seller's Agent
The Fooks Team
Coldwell Banker Realty
Buyer's Agent
Joseph Amen
Oakmont Realty Group
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
122
Current Estimated Value
$550,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,336
Avg. Annual Appreciation
3.33%
Original Mortgage
$450,000
Outstanding Balance
$435,593
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,743

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 1, 2022
Sold by
Sarkisian Raffi
Bought by
Leonard Robert
Seller's Agent
William Friedman
RE/MAX Preferred
Buyer's Agent
William Fooks
Coldwell Banker Realty
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.64%

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 24, 2022
Sold by
Warwick City Of
Bought by
Broman Laurie
Seller's Agent
William Friedman
RE/MAX Preferred
Buyer's Agent
William Fooks
Coldwell Banker Realty
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Purchase Details

Listed on
Oct 31, 2014
Closed on
Feb 13, 2015
Sold by
Brown Thomas G and Brown Francine C
Bought by
Sarkisian Raffi
Seller's Agent
MARISSA TAFURI
BHHS Commonwealth Real Estate
Buyer's Agent
William Friedman
RE/MAX Preferred
List Price
$209,900
Sold Price
$204,000
Premium/Discount to List
-$5,900
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$197,191
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Amen Joseph $500,000 None Available
Leonard Robert $385,000 None Available
Broman Laurie $1,810 None Available
Sarkisian Raffi $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amen Joseph $450,000
Previous Owner Sarkisian Raffi $197,191
Previous Owner Sarkisian Raffi $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2022 12/16/22 Sold $500,000 -4.8% $161 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $525,000 +36.4% $169 / Sq Ft
07/13/2022 07/13/22 Sold $385,000 -2.5% $124 / Sq Ft View Prior Sale
05/30/2022 05/30/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $395,000 +93.6% $127 / Sq Ft
02/12/2015 02/12/15 Sold $204,000 -2.8% $104 / Sq Ft View Prior Sale
01/13/2015 01/13/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $209,900 -- $107 / 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 $6,422 $505,700 $111,800 $393,900
2024 $5,976 $413,000 $97,200 $315,800
2023 $5,860 $413,000 $97,200 $315,800
2022 $4,501 $240,300 $61,500 $178,800
2021 $4,501 $240,300 $61,500 $178,800
2020 $4,501 $240,300 $61,500 $178,800
2019 $4,501 $240,300 $61,500 $178,800
2018 $3,730 $184,300 $61,500 $122,800
2017 $3,730 $184,300 $61,500 $122,800
2016 $3,730 $184,300 $61,500 $122,800
2015 $3,218 $155,100 $54,000 $101,100
2014 $3,111 $155,100 $54,000 $101,100
2013 $3,069 $155,100 $54,000 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1320473

State-Wide MLS

APN: WARW-000302-000103-000000