NOT LISTED FOR SALE

Estimated Value: $646,000 - $672,000

3 Beds
5 Baths
2,447 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $450,000 $184 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,987/month

About This Home

Enjoy views of Conimicut Point and Narragansett Bay from 3 sides of this charming home custom built by the architect and owner. A home boasting 3 levels of living spaces with 3 decks including a moon deck to take in the gorgeous ocean views. Enjoy open concept design, abundant storage and a prime area for all your work and/or recreate at home needs in the lower living area. Take in the water views by climbing up a ladder to the custom loft space with egress for stellar views of the ocean! Stunning millwork designed by the original owner adds a great element of deep wood accents throughout the living areas. Each room within this beach home has expansive windows to further maximise the water views of this home ideally situated in Conimicut. Come enjoy a true Rhode Island coastal lifestyle here at 74 Point Ave in Warwick!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 30, 2021
Sold by
Abraham Aly Ft and Aly
Bought by
Gallo Candace L
Seller's Agent
Sarah Huard
Mott & Chace Sotheby's Intl.
Buyer's Agent
Joe Casimiro
Old Stone Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$657,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,910
Avg. Annual Appreciation
9.51%
Original Mortgage
$315,000
Outstanding Balance
$287,324
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,586

Purchase Details

Closed on
Sep 3, 2019
Sold by
Abraham Aly Ft and Aly
Bought by
Abraham Aly Ft and Aly

Purchase Details

Closed on
Nov 17, 2000
Sold by
Gorgizian Leon and Gorgizian Sandra M
Bought by
Aly Abraham

Purchase Details

Closed on
May 15, 1989
Sold by
Sharpo Inc
Bought by
Gorgizian Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
11.14%
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
Gallo Candace L $480,000 None Available
Abraham Aly Ft -- --
Aly Abraham $168,000 --
Gorgizian Leon $170,000 --
Gorgizian Leon $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Candace L $315,000
Previous Owner Gorgizian Leon $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $450,000 0.0% $184 / Sq Ft View Prior Sale
11/30/2021 11/30/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $450,000 -- $184 / Sq Ft

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 $7,297 $574,600 $164,500 $410,100
2024 $7,271 $502,500 $136,000 $366,500
2023 $7,130 $502,500 $136,000 $366,500
2022 $6,853 $365,900 $81,300 $284,600
2021 $6,735 $359,600 $81,300 $278,300
2020 $5,819 $359,600 $81,300 $278,300
2019 $5,819 $359,600 $81,300 $278,300
2018 $6,162 $294,800 $81,300 $213,500
2017 $5,967 $294,800 $81,300 $213,500
2016 $6,501 $321,200 $81,300 $239,900
2015 $5,410 $260,700 $102,900 $157,800
2014 $5,230 $260,700 $102,900 $157,800
2013 $5,159 $260,700 $102,900 $157,800
Source: Public Records

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