771 Main St Unit 6 West Warwick, RI 02893
Lippitt-Harris NeighborhoodEstimated Value: $417,000 - $542,000
3
Beds
2
Baths
2,551
Sq Ft
$330/mo
HOA Fee
Highlights
- Water Views
- Sauna
- Wood Flooring
- River Access
- Deck
- Thermal Windows
About This Home
As of January 2022Welcome to a unique opportunity to live in a stylish and spacious loft. This top floor condo unit in a converted mill overlooks a tranquil park along the Pawtuxet River. The 2551 sq. ft. condo features exposed brick, open floor plan, hardwood floors, and authentic wooden beams. Oversized windows with brick framing flood the unit with natural light. Enter from a large exterior landing to a gracious foyer with wooden builtins and two closets noting the high ceilings. The sizable kitchen has maple cabinetry, granite countertops, a central island perfect for gathering, stainless appliances, built-in baquette. The wide open large living area offers numerous, flexible living designs. Step out through charming French doors, to a covered, private patio overlooking the river. The generous primary bedroom boasts double closets, elegant ensuite bath with double sinks, and large walk in shower and includes a private full sauna. Included are two additional bedrooms which allow for a home office, in unit laundry, and a second full bath.The Phenix Mill combines industrial finishes with lush gardens surrounding a communal patio including a bbq and firepit for the exclusive 6 units located in this idealic setting.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,651
Year Built
- Built in 1863
Lot Details
- Electric Fence
HOA Fees
- $330 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Plaster
Interior Spaces
- 2,551 Sq Ft Home
- 1-Story Property
- Thermal Windows
- Sauna
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 16 Parking Spaces
- No Garage
- Driveway
- Unassigned Parking
Outdoor Features
- River Access
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 771MAINST6WWAR
Community Details
Overview
- 6 Units
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Jan 7, 2022
Sold by
Hefferen Peter J
Bought by
Smith Robert W and Smith Elaine F
Seller's Agent
Joyce Hughes
Residential Properties Ltd.
Buyer's Agent
Sasha Mellor Allamby
Residential Properties Ltd.
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Total Days on Market
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,335
Avg. Annual Appreciation
9.58%
Original Mortgage
$264,000
Outstanding Balance
$246,787
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,953
Purchase Details
Closed on
Jan 14, 2021
Sold by
Mergner Kornelia E Est
Bought by
Mergner Markus
Purchase Details
Closed on
Jan 5, 2021
Sold by
Mergner Markus
Bought by
Hefferen Peter J
Purchase Details
Closed on
Mar 11, 2009
Sold by
Commons Phenix
Bought by
Mergner Kornelia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Similar Homes in West Warwick, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Robert W | $330,000 | None Available | |
| Mergner Markus | -- | None Available | |
| Hefferen Peter J | -- | None Available | |
| Mergner Kornelia | $315,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Robert W | $264,000 | |
| Previous Owner | Mergner Kornelia | $220,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2022 01/10/22 | Sold | $330,000 | -5.4% | $129 / Sq Ft |
| 12/11/2021 12/11/21 | Pending | -- | -- | -- |
| 10/22/2021 10/22/21 | For Sale | $349,000 | -- | $137 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,829 | $258,400 | $0 | $258,400 |
| 2023 | $4,734 | $258,400 | $0 | $258,400 |
| 2022 | $4,662 | $258,400 | $0 | $258,400 |
| 2021 | $5,651 | $245,700 | $0 | $245,700 |
| 2020 | $5,651 | $245,700 | $0 | $245,700 |
| 2019 | $7,204 | $245,700 | $0 | $245,700 |
| 2018 | $6,279 | $231,000 | $0 | $231,000 |
| 2017 | $6,078 | $231,000 | $0 | $231,000 |
| 2016 | $5,969 | $231,000 | $0 | $231,000 |
| 2015 | $5,828 | $224,500 | $0 | $224,500 |
| 2014 | $5,700 | $224,500 | $0 | $224,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joyce Hughes
Seller's Agent in 2022
Joyce Hughes
Residential Properties Ltd.
(401) 323-1416
1 in this area
72 Total Sales
-
Sasha Mellor Allamby
Buyer's Agent in 2022
Sasha Mellor Allamby
Residential Properties Ltd.
(401) 639-0837
2 in this area
52 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1295912
APN: WWAR-000002-000025-000006
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