NOT LISTED FOR SALE

Estimated Value: $642,564 - $773,000

3 Beds
4.5 Baths
2,447 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 30, 2021

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

Est. 54% increase in value since last sale

Current estimated payment $4,490/month

12 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Colonial Architecture
  • 2-minute walk to Conimicut Point Park

About This Home

As of December 2021

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!

Last Listed By

Sarah Huard

Mott & Chace Sotheby's Intl. License #RES.0041951 Listed on: 11/18/2021

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 1989

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Property is zoned A40

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Free Standing Fireplace
  • Thermal Windows
  • Workshop
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Geothermal Heating and Cooling
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 387
  • Assessor Parcel Number 74POINTAVWARW

Community Details

Amenities

  • Shops

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,735

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 1847.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Fireplace Features: Free Standing
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 2447.0
  • Dining Room Type: Bathroom, Workshop
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Geothermal
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 74POINTAVWARW
  • Zoning: A40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6735.0
  • Tax Lot: 387
  • Tax Year: 2020

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
Joseph Casimiro
Old Stone Realty
List Price
$450,000
Sold Price
$450,000
Total Days on Market
12
Current Estimated Value
$693,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,891
Avg. Annual Appreciation
12.07%
Original Mortgage
$315,000
Outstanding Balance
$295,593
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,128

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 27, 2021
Sold by
Abraham Aly Ft and Aly
Bought by
Abraham Aly Ft and Aly
Seller's Agent
Sarah Huard
Mott & Chace Sotheby's Intl.
Buyer's Agent
Joseph Casimiro
Old Stone Realty
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$295,593
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,128

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

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
Gallo Candace L $480,000 None Available
Abraham Aly Ft -- --
Aly Abraham $168,000 --
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 Change Sq Ft Price
12/30/2021 12/30/21 Sold $450,000 0.0% $184 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $450,000 -- $184 / 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
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

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1298834

State-Wide MLS

APN: WARW-000334-000387-000000