NOT LISTED FOR SALE

70 Drum Rock Ave Warwick, RI 02886

Cowesett Neighborhood

Estimated Value: $441,000 - $509,000

3 Beds
1 Bath
1,440 Sq Ft
$323/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $335,000 $233 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,888/month

6 Days on Market

Highlights

  • Marina
  • Above Ground Pool
  • Wooded Lot
  • Golf Course Community
  • 1.12 Acre Lot
  • Wood Flooring

About This Home

As of July 2022

Adorable, cozy ranch with in-law potential located in desirable Cowesett section of Warwick is ready for its new owner! Features 3 bedrooms and full bath on main level, hardwood floors, some newer stainless appliances, and ample closet space. Lower level with new carpeting, room for possible kitchen, separate utility and storage rooms, and walkout to back yard. Roof is 4 years old, new oil tank, boiler with new motor and additional upgrades. Situated on over an acre of serene land, this home is an estate sale and being sold "as is". Ready for renovations and in a terrific location, close to all conveniences such as schools, shopping, Kent hospital. Come take a look! *Please note, grass has been virtually enhanced.

Last Agent to Sell the Property

The Quinn Group

JPAR Prime Real Estate Listed on: 04/18/2022

JPAR Prime Real Estate

Co-Listed By

Juli McIntosh

RE/MAX ADVANTAGE GROUP License #RES.0044817

RE/MAX ADVANTAGE GROUP

Last Buyer's Agent

Juli McIntosh

RE/MAX ADVANTAGE GROUP License #RES.0044817

RE/MAX ADVANTAGE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1961

Lot Details

  • 1.12 Acre Lot
  • Wooded Lot

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Furnished
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater
  • Cesspool
  • Cable TV Available

Additional Features

  • Above Ground Pool
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 70DRUMROCKAVWARW

Community Details

Overview

  • Cowesett Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,521

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.12
  • Co List Office Mls Id: RMAX11
  • Co List Office Phone: 401-823-1500
  • Subdivision Name: Cowesett
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1961
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 480.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 1440.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Above Ground
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool
  • Utilities: Sewer Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48788.0
  • Parcel #: 70DRUMROCKAVWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4521.0
  • Tax Lot: 202
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jul 8, 2022
Sold by
Pontarelli Patricia
Bought by
Shiel Timothy
Seller's Agent
The Quinn Group
JPAR Prime Real Estate
Buyer's Agent
Juli McIntosh
RE/MAX ADVANTAGE GROUP
List Price
$299,900
Sold Price
$335,000
Premium/Discount to List
$35,100
11.7%
Current Estimated Value
$464,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,780
Avg. Annual Appreciation
10.08%
Original Mortgage
$323,819
Outstanding Balance
$307,204
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$157,576

Purchase Details

Closed on
Dec 29, 2020
Sold by
Pontarelli Paul A
Bought by
Pontarelli Patricia

Purchase Details

Closed on
Oct 23, 2017
Sold by
Pontarelli Patricia K
Bought by
Pontarelli Patricia K

Purchase Details

Closed on
Apr 12, 2013
Sold by
Es Pontarelli Albert E and Pontarelli Patricia K
Bought by
Pontarelli Patricia K
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
Shiel Timothy $335,000 None Available
Pontarelli Patricia -- None Available
Pontarelli Paul A -- None Available
Pontarelli Patricia K -- --
Pontarelli Patricia K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiel Timothy $323,819
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $335,000 +11.7% $233 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $299,900 -- $208 / 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 $5,282 $415,900 $183,700 $232,200
2024 $5,164 $356,900 $154,900 $202,000
2023 $5,064 $356,900 $154,900 $202,000
2022 $4,521 $241,400 $112,000 $129,400
2021 $4,521 $241,400 $112,000 $129,400
2020 $4,521 $241,400 $112,000 $129,400
2019 $4,521 $241,400 $112,000 $129,400
2018 $3,732 $204,900 $112,000 $92,900
2017 $4,147 $204,900 $112,000 $92,900
2016 $4,147 $204,900 $112,000 $92,900
2015 $3,569 $172,000 $90,600 $81,400
2014 $3,450 $172,000 $90,600 $81,400
2013 $3,404 $172,000 $90,600 $81,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Quinn Group

    JPAR Prime Real Estate

    (401) 388-4830

    4 in this area

    337 Total Sales

    The Quinn Group
    Section Image
  • Juli McIntosh

    Seller Co-Listing Agent in 2022

    Juli McIntosh

    RE/MAX ADVANTAGE GROUP

    (401) 954-4880

    6 in this area

    107 Total Sales

    Juli McIntosh
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1307570

State-Wide MLS

APN: WARW-000244-000202-000000

Rhode Island Kent County Warwick 02886 Cowesett

70 Drum Rock Ave, Warwick, RI

Not Listed for Sale

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