NOT LISTED FOR SALE

Estimated Value: $446,190 - $498,000

5 Beds
2 Baths
1,536 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $320,000 $208 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,980/month

55 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Water Views
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of November 2020

TWO HOMES--TWO LOTS! Incredibly rare opportunity in Conimicut Village w/ salt water views from lawn! Includes 2 single homes on a corner lot w/ an additional vacant lot abutting property on quiet side street. Main house includes 3 bedrooms, 1 bath w/ finished area in basement. "Tiny house" on same lot located on Woodbury St. includes 2 bedrooms, 1 bath, currently used as a legal rental property and rented for $950/month. So many options with this set up! Property is zoned as a legal 2 family and would also work great as a guest house, in law/extended family, or short term rental. Also included is a vacant 3,920 square foot lot that abuts the property w/ frontage on Woodbury St. Combined, the 2 lots equal 8,275 square feet. Neighborhood is walkable w/ beautiful views and nearby local restaurants. Quick ride to beach. Gas and sewer paid off. Call today for a tour of this property!

Last Agent to Sell the Property

Jesse Reynolds

RI Real Estate Services License #RES.0043924 Listed on: 08/12/2020

RI Real Estate Services

Co-Listed By

Sara Sullivan

RI Real Estate Services License #RES.0035814

Last Buyer's Agent

Brian Fish

Century 21 Guardian Realty License #RES.0042565

Century 21 Guardian Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,381

Year Built

  • Built in 1900

Lot Details

  • 4,356

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 4,356 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 0381
  • Assessor Parcel Number 848WESTSHORERDWARW

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Conimicut Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Building Details

  • Operating Expense $7,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,381

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: RIRS
  • Co List Office Phone: 401-885-5400
  • Subdivision Name: Conimicut
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 848WESTSHORERDWARW
  • Zoning: 102
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7365.0

Tax Info

  • Tax Annual Amount: 4381.0
  • Tax Lot: 0381
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 20, 2020
Sold by
Sisson Joseph A
Bought by
Burrows Raymond R
Seller's Agent
Jesse Reynolds
RI Real Estate Services
Buyer's Agent
Brian Fish
Century 21 Guardian Realty
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$469,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,298
Avg. Annual Appreciation
7.85%
Original Mortgage
$330,000
Outstanding Balance
$296,984
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$163,737

Purchase Details

Listed on
Jan 13, 2015
Closed on
Dec 3, 2014
Sold by
Ciccarelli Lori H
Bought by
Ciccarelli Lori H and Tracy John P
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Non-Mls Member
Non-Mls Member
Sold Price
$1,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%

Purchase Details

Closed on
Apr 28, 2014
Sold by
Cartwright Patricia M and Hsbc Bank Usa Na
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Aug 14, 2013
Sold by
Cartwright Patricia M and Warwick City Of
Bought by
Cartwright Patricia M

Purchase Details

Closed on
Oct 18, 2011
Sold by
Murray Linda
Bought by
Cartwright Patricia M

Purchase Details

Closed on
May 4, 2004
Sold by
Lombardo Gregory A
Bought by
Cimino Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.36%
Mortgage Type
Commercial
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
Burrows Raymond R $330,000 None Available
Burrows Raymond R $330,000 None Available
Ciccarelli Lori H -- --
Hsbc Bank Usa Na $147,500 --
Hsbc Bank Usa Na $147,500 --
Cartwright Patricia M $1,691 --
Cartwright Patricia M $1,691 --
Cartwright Patricia M $10,406 --
Cartwright Patricia M $10,406 --
Cimino Brett $150,000 --
Cimino Brett $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrows Raymond R $330,000
Closed Burrows Raymond R $330,000
Previous Owner Cimino Brett $44,550
Previous Owner Cimino Brett $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $320,000 -3.0% $208 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $329,900 0.0% $215 / Sq Ft
01/13/2015 01/13/15 For Rent $1,400 0.0% --
01/13/2015 01/13/15 Rented $1,400 0.0% --
12/03/2014 12/03/14 Sold $137,000 -18.2% $87 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $167,480 -- $106 / 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 $5,133 $354,700 $93,400 $261,300
2023 $5,033 $354,700 $93,400 $261,300
2022 $4,443 $237,200 $58,100 $179,100
2021 $4,381 $233,900 $58,100 $175,800
2020 $4,381 $233,900 $58,100 $175,800
2019 $4,381 $233,900 $58,100 $175,800
2018 $3,694 $182,500 $57,100 $125,400
2017 $3,694 $182,500 $57,100 $125,400
2016 $3,694 $182,500 $57,100 $125,400
2015 $3,727 $179,600 $46,200 $133,400
2014 $3,603 $179,600 $46,200 $133,400
2013 $3,554 $179,600 $46,200 $133,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1261055

State-Wide MLS

APN: WARW-000317-000381-000000