85 Cedar Bay Dr Warwick, RI 02888
Palace Garden NeighborhoodEstimated Value: $628,000 - $690,471
3
Beds
2.5
Baths
2,255
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Beach Front
- Water Access
- Deck
- Marina
- 0.48 Acre Lot
- Contemporary Architecture
About This Home
As of September 2019Waterfront in Governor Francis Farms! Recently renovated 1985 Contemporary ideally situated on a half acre lot fronting on a peaceful cove off Narragansett Bay. Sunny open layout with terrific water views from most rooms. Oak hardwood floors throughout. The 1st floor has a living room, dining room, sunroom, powder room, and an updated cook’s kitchen with stainless appliances, a breakfast bar, and a charming built-in window seat. The kitchen and sunroom both open to decks overlooking the landscaped yard and water beyond. The 2nd floor features a superb master suite with pretty water views, a vaulted ceiling, a private bath, and great closet space. Two other bedrooms and a family bath complete the 2nd floor. Newly finished lower level walkout family room with a gas fireplace, a bar area with a wine cooler, and sliders out to a patio. Separate finished laundry room. Updated mechanicals including central air-conditioning. Convenient attached 2-car garage. Your own special oasis just 10 minutes from downtown Providence!
Last Listed By
Residential Properties Ltd. License #RES.0025339 Listed on: 08/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,865
Year Built
- Built in 1985
Lot Details
- 0.48 Acre Lot
- Beach Front
- Sprinkler System
- Property is zoned A40
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Dry Bar
- Zero Clearance Fireplace
- Gas Fireplace
- Thermal Windows
- Game Room
- Storage Room
- Utility Room
- Water Views
- Security System Owned
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Cedar Closet
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Water Access
- Walking Distance to Water
- Deck
- Patio
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Compressor
- Zoned Heating and Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 220 Volts
- 100 Amp Service
- Gas Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number 85CEDARBAYDRWARW
Community Details
Overview
- Governor Francis Farms Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2020
Sold by
Ruggieri Edward and Ruggieri Patrice M
Bought by
Ruggieri Ft and Ruggieri
Total Days on Market
5
Current Estimated Value
Purchase Details
Listed on
Aug 22, 2019
Closed on
Sep 27, 2019
Sold by
Vaneyk Steven H and Conley Margie J
Bought by
Ruggieri Edward and Ruggieri Patrice M
Seller's Agent
Gerri Schiffman
Residential Properties Ltd.
Buyer's Agent
Brendan McLaughlin
List Price
$489,000
Sold Price
$485,000
Premium/Discount to List
-$4,000
-0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Purchase Details
Closed on
Oct 13, 2009
Sold by
Deignan Elizabeth W
Bought by
Vaneyk Steven H and Conley Margie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2001
Sold by
Cleary Cathleen A and Lemoi Warren R
Bought by
Pratt Helen G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,711
Interest Rate
7.14%
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Similar Homes in Warwick, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruggieri Ft | -- | None Available | |
| Ruggieri Edward | $485,000 | -- | |
| Vaneyk Steven H | $315,000 | -- | |
| Pratt Helen G | $241,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ruggieri Edward | $170,000 | |
| Previous Owner | Lemoi Warren R | $200,000 | |
| Previous Owner | Lemoi Warren R | $240,711 | |
| Previous Owner | Lemoi Warren R | $155,790 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2019 09/27/19 | Sold | $485,000 | -0.8% | $215 / Sq Ft |
| 08/28/2019 08/28/19 | Pending | -- | -- | -- |
| 08/22/2019 08/22/19 | For Sale | $489,000 | -- | $217 / 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 | $7,995 | $552,500 | $182,600 | $369,900 |
| 2023 | $7,840 | $552,500 | $182,600 | $369,900 |
| 2022 | $7,865 | $419,900 | $132,000 | $287,900 |
| 2021 | $7,865 | $419,900 | $132,000 | $287,900 |
| 2020 | $7,865 | $419,900 | $132,000 | $287,900 |
| 2019 | $7,865 | $419,900 | $132,000 | $287,900 |
| 2018 | $6,649 | $328,500 | $123,900 | $204,600 |
| 2017 | $6,649 | $328,500 | $123,900 | $204,600 |
| 2016 | $6,649 | $328,500 | $123,900 | $204,600 |
| 2015 | $6,596 | $317,900 | $145,900 | $172,000 |
| 2014 | $6,377 | $317,900 | $145,900 | $172,000 |
| 2013 | $6,291 | $317,900 | $145,900 | $172,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gerri Schiffman
G
Seller's Agent in 2019
Gerri Schiffman
Residential Properties Ltd.
1 in this area
292 Total Sales
-
B
Buyer's Agent in 2019
Brendan McLaughlin
Map
Source: State-Wide MLS
MLS Number: 1233026
APN: WARW-000314-000047-000000
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