NOT LISTED FOR SALE

Estimated Value: $395,114 - $480,000

6 Beds
2 Baths
1,723 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $130,000 $75 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,766/month

25 Days on Market

Highlights

  • Golf Course Community
  • Public Transportation
  • Forced Air Heating System
  • Plywood Flooring
  • Shops
  • 4-minute walk to West Warwick River Walk

About This Home

As of March 2017

Great opportunity for income producing property. One unit has been completely remodeled. The other unit needs to be remodeled. Features include updated windows throughout, brand new heating system in one unit and newer hot water tanks.

Last Agent to Sell the Property

Bea Whitman

HomeSmart Professionals Listed on: 01/23/2017

HomeSmart Professionals

Co-Listed By

Steven Proulx

Keller Williams Leading Edge License #RES.0034786

Last Buyer's Agent

Michael Grandchamp

Greco Real Estate License #RES.0041832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 8,285 Sq Ft Lot

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,723 Sq Ft Home
  • 2-Story Property

Flooring

  • Plywood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 81
  • Assessor Parcel Number 7577EARLSTWWAR

Community Details

Overview

  • 2 Units
  • West Warwick Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1902
  • Co List Office Mls Id: KELW01
  • Co List Office Phone: 401-785-1700
  • Subdivision Name: WEST WARWICK
  • Above Grade Finished Sq Ft: 1723.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Plywood, Vinyl
  • Living Area: 1723.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8285.0
  • Parcel #: 7577EARLSTWWAR
  • Zoning: R8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4312.0
  • Tax Lot: 81
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Mar 21, 2017
Sold by
Sheelah D Lewis 1999 T
Bought by
Ortiz Denise A
Seller's Agent
Bea Whitman
HomeSmart Professionals
Buyer's Agent
Michael Grandchamp
Greco Real Estate
List Price
$142,000
Sold Price
$130,000
Premium/Discount to List
-$12,000
-8.45%
Current Estimated Value
$440,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,529
Avg. Annual Appreciation
14.55%
Original Mortgage
$150,189
Interest Rate
4.19%
Mortgage Type
FHA
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
Ortiz Denise A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Denise A $150,189
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $130,000 -8.5% $75 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $142,000 -- $82 / 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 $5,176 $362,200 $109,600 $252,600
2024 $4,992 $267,100 $78,400 $188,700
2023 $4,893 $267,100 $78,400 $188,700
2022 $4,818 $267,100 $78,400 $188,700
2021 $4,195 $182,400 $57,900 $124,500
2020 $4,195 $182,400 $57,900 $124,500
2019 $5,348 $182,400 $57,900 $124,500
2018 $4,407 $115,700 $47,600 $68,100
2017 $4,391 $115,700 $47,600 $68,100
2016 $4,312 $115,700 $47,600 $68,100
2015 $3,157 $121,600 $47,600 $74,000
2014 $4,432 $121,600 $47,600 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1144964

State-Wide MLS

APN: WWAR-000016-000081-000000