NOT LISTED FOR SALE

718 East Ave Warwick, RI 02886

Bald Hill Neighborhood

Estimated Value: $413,000 - $499,000

6 Beds
2.5 Baths
2,079 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $95,000 $46 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $2,824/month

41 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Property near a hospital
  • Corner Lot
  • Shops
  • Baseboard Heating

About This Home

As of November 2016

Corporate owned being Sold AS is As seen and Buyer or their agent should not rely on any 3rd person & should verify info for this house themselves Agent or seller has no knowledge of house.Please verify this info yourself

Last Agent to Sell the Property

Maryanne Paquin

World Net Real Estate Group License #RES.0022117 Listed on: 08/24/2016

Last Buyer's Agent

M. Earl Adams

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 0125
  • Assessor Parcel Number 718720EASTSTWARW

Community Details

Overview

  • 2 Units
  • Mall Area Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: WNET
  • Co List Office Phone: 401-732-1722
  • Subdivision Name: MALL AREA
  • Above Grade Finished Sq Ft: 2079.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2079.0
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12632.0
  • Parcel #: 718720EASTSTWARW

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4200.0
  • Tax Lot: 0125
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 3, 2016
Sold by
Stonecrest Acquisition
Bought by
S & S Llc
Seller's Agent
Maryanne Paquin
World Net Real Estate Group
Buyer's Agent
M. Earl Adams
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Current Estimated Value
$456,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,268
Avg. Annual Appreciation
18.51%
Original Mortgage
$130,000
Outstanding Balance
$104,006
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$352,262

Purchase Details

Closed on
Nov 3, 2015
Sold by
Freddie Mac
Bought by
Stonecrest Acquisition

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,410
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2014
Sold by
Moreau William A and West Warwick City Of
Bought by
Moreau William A and Moreau Ronda M

Purchase Details

Closed on
Aug 14, 2014
Sold by
Moreau William and Moreau Fhlmc
Bought by
Fhlmc

Purchase Details

Closed on
Jul 26, 2002
Sold by
Pettinicchio Mary
Bought by
Holmes Elwyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
S & S Llc $95,000 --
S & S Llc $95,000 --
Stonecrest Acquisition $54,600 --
Moreau William A -- --
Fhlmc $83,861 --
Holmes Elwyn A $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & S Llc $130,000
Closed S & S Llc $130,000
Previous Owner Holmes Elwyn A $46,410
Previous Owner Holmes Elwyn A $140,000
Previous Owner Holmes Elwyn A $132,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $95,000 -20.8% $46 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $119,900 -- $58 / 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 $5,446 $428,800 $109,900 $318,900
2024 $4,846 $334,900 $92,500 $242,400
2023 $4,752 $334,900 $92,500 $242,400
2022 $3,739 $199,600 $55,100 $144,500
2021 $3,739 $199,600 $55,100 $144,500
2020 $3,739 $199,600 $55,100 $144,500
2019 $3,739 $199,600 $55,100 $144,500
2018 $3,465 $166,600 $58,600 $108,000
2017 $3,372 $166,600 $58,600 $108,000
2016 $3,372 $166,600 $58,600 $108,000
2015 $3,370 $162,400 $59,400 $103,000
2014 $3,258 $162,400 $59,400 $103,000
2013 $3,214 $162,400 $59,400 $103,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Maryanne Paquin

    World Net Real Estate Group

    (401) 965-3196

    1 Total Sale

    Maryanne Paquin
    Section Image

  • M

    Buyer's Agent in 2016

    M. Earl Adams

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Map

Source: State-Wide MLS

MLS Number: 1135041

State-Wide MLS

APN: WARW-000262-000125-000000

Rhode Island Kent County Warwick 02886 Bald Hill

718 East Ave, Warwick, RI

Not Listed for Sale

MultiFamily

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