Seller's Agent in 2024
The DiSpirito Team
Engel & Volkers Oceanside
(401) 244-8355
5 in this area
468 Total Sales
7 Lane 1 Warwick, RI 02888
Palace Garden NeighborhoodEstimated Value: $386,143 - $574,000
2
Beds
1
Bath
975
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Beach Front
- River Access
- Tennis Courts
- Marina
- Cathedral Ceiling
- Thermal Windows
About This Home
As of September 2024Waterfront living at its finest on Gaspee Point! This stunning, newly remodeled one level, 2 bed, 1 bath home offers 180-degree views and direct access to a sandy beach with Eastern views. The beautifully designed quartz counter kitchen features a subway tile backsplash, and vaulted wood-beamed ceilings. The spacious living room, adorned with large windows, showcases breathtaking water views and includes a floor-to-ceiling brick wood-burning fireplace, perfect for setting a cozy mood. Adjacent to the kitchen is a fully remodeled bathroom with laundry, and the master bedroom with vaulted ceilings. The second bedroom overlooks the water, providing serene views. The home also offers basement access from inside and out, ideal for storage or creating a rec area. The patio provides a picture-perfect view and space for outdoor living. Step down to your sandy beach for sunbathing, swimming, fishing, or enjoying watersports. Embrace the New England waterfront lifestyle with proximity to marinas, a train station, an airport, highways, and all the shopping and dining you need. This is the waterfront escape you've dreamed of!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,636
Year Built
- Built in 1940
Lot Details
- Beach Front
- Land Lease
HOA Fees
- $459 Monthly HOA Fees
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 975 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Fireplace Features Masonry
- Thermal Windows
- Storage Room
- Utility Room
- Ceramic Tile Flooring
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
Outdoor Features
- River Access
- Walking Distance to Water
- Patio
Utilities
- Ductless Heating Or Cooling System
- Space Heater
- Heating System Uses Gas
- Heat Pump System
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 58
- Assessor Parcel Number 7LANE1WARW
Community Details
Overview
- Gaspee Point Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2015
Closed on
May 26, 2015
Sold by
Mchugh Francis E Est
Bought by
Sinko Cheryl A
Seller's Agent
Ed Duffy
Alltown Real Estate Group
Buyer's Agent
Paula Pinelli
RE/MAX Professionals
List Price
$134,500
Sold Price
$127,900
Premium/Discount to List
-$6,600
-4.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,636
Avg. Annual Appreciation
13.96%
Original Mortgage
$121,505
Interest Rate
3.66%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sinko Cheryl A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Sinko Cheryl A | $121,505 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $539,900 | 0.0% | $554 / Sq Ft | |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- | |
| 07/29/2024 07/29/24 | For Sale | $539,900 | +322.1% | $554 / Sq Ft | |
| 05/26/2015 05/26/15 | Sold | $127,900 | -4.9% | $131 / Sq Ft | View Prior Sale |
| 04/26/2015 04/26/15 | Pending | -- | -- | -- | |
| 03/21/2015 03/21/15 | For Sale | $134,500 | -- | $138 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,632 | $522,200 | $0 | $522,200 |
| 2024 | $3,636 | $251,300 | $0 | $251,300 |
| 2023 | $3,566 | $251,300 | $0 | $251,300 |
| 2022 | $3,650 | $194,900 | $0 | $194,900 |
| 2021 | $3,650 | $194,900 | $0 | $194,900 |
| 2020 | $3,650 | $194,900 | $0 | $194,900 |
| 2019 | $3,650 | $194,900 | $0 | $194,900 |
| 2018 | $2,914 | $140,100 | $0 | $140,100 |
| 2017 | $2,836 | $140,100 | $0 | $140,100 |
| 2016 | $2,836 | $140,100 | $0 | $140,100 |
| 2015 | $3,052 | $147,100 | $0 | $147,100 |
| 2014 | $2,951 | $147,100 | $0 | $147,100 |
| 2013 | $2,911 | $147,100 | $0 | $147,100 |
Source: Public Records
Agents Affiliated with this Home
-
The DiSpirito Team
-
Judith Croyle
Buyer's Agent in 2024
Judith Croyle
Residential Properties Ltd.
(401) 499-7541
3 in this area
36 Total Sales
-
Ed Duffy
Seller's Agent in 2015
Ed Duffy
Alltown Real Estate Group
(401) 413-1601
174 Total Sales
-
Paula Pinelli
Buyer's Agent in 2015
Paula Pinelli
RE/MAX Professionals
10 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1364776
APN: WARW-000305-000058-009507
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