NOT LISTED FOR SALE

Estimated Value: $523,991 - $607,000

9 Beds
3 Baths
3,360 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $303,000 $90 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,426/month

91 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Porch
  • Wood Flooring
  • Walking Distance to Water
  • Bathtub with Shower

About This Home

As of October 2019

WELCOME TO THE HEART OF DOWNTOWN WARREN. THIS THREE FAMILY HAS SO MUCH POTENTIAL! WHY RENT WHEN YOU CAN OWN AND HAVE INCOME TO PAY THE MORTGAGE! OR, MAKE THIS A FANTASTIC INVESTMENT PROPERTY WITH THE POSSIBILITY OF GREAT RENTAL INCOME. THIS HOUSE HAS THREE IDENTICAL FLOORS. EACH BOASTS 3 BEDROOMS, A LARGE EAT-IN KITCHEN, A FAMILY ROOM AND 1 FULL BATH. THERE IS A WASHER DRYER HOOK-UP IN EACH UNIT. THIS HOUSE IS JUST STEPS AWAY FROM MANY PHENOMENAL RESTAURANTS, SHOPS, THE BIKE PATH AND WARREN TOWN BEACH. DON'T MISS OUT ON THIS AMAZING OPPORTUNITY !! HOUSE IS BEING SOLD "AS IS"

Last Agent to Sell the Property

Cathy Sousa

Serhant Rhode Island License #RES.0040311 Listed on: 06/11/2019

Serhant Rhode Island

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,141

Year Built

  • Built in 1900

Lot Details

  • 2,953 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,360 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 70UNIONSTWARN

Community Details

Overview

  • 4 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,141

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 3360.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Other
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2953.0
  • Parcel #: 70UNIONSTWARN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4141.0
  • Tax Lot: 99
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Oct 11, 2019
Sold by
Urban Sophie A
Bought by
Pacheco Dominick
Seller's Agent
Cathy Sousa
Serhant Rhode Island
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$339,000
Sold Price
$303,000
Premium/Discount to List
-$36,000
-10.62%
Current Estimated Value
$564,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,998
Avg. Annual Appreciation
10.85%
Original Mortgage
$226,500
Outstanding Balance
$198,425
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,573
Source: Public Records

Range of Values:

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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
Pacheco Dominick $303,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Dominick $226,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $303,000 -10.6% $90 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $339,000 -- $101 / 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 $5,618 $377,300 $83,900 $293,400
2024 $5,448 $377,300 $83,900 $293,400
2023 $5,154 $377,300 $83,900 $293,400
2022 $4,870 $270,400 $77,600 $192,800
2021 $4,791 $270,400 $77,600 $192,800
2020 $4,694 $270,400 $77,600 $192,800
2019 $4,197 $219,600 $49,200 $170,400
2018 $4,142 $219,600 $49,200 $170,400
2017 $4,131 $219,600 $49,200 $170,400
2016 $4,375 $219,100 $64,100 $155,000
2015 $4,375 $219,100 $64,100 $155,000
2014 $4,397 $219,100 $64,100 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1226103

State-Wide MLS

APN: WARR-000002-000000-000099