NOT LISTED FOR SALE

85 E Main St West Warwick, RI 02893

West Warwick Centre Neighborhood

Estimated Value: $390,000 - $434,000

4 Beds
2 Baths
3,583 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $285,500 $80 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,570/month

64 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Property near a hospital
  • Bathtub with Shower
  • Shops
  • 3-minute walk to West Warwick Skate Park

About This Home

As of January 2022

GREAT OPPORTUNITY TO OWN AN INVESTMENT PROPERTY IN THE HEART OF WEST WARWICK, CLOSE TO EVERYTHING. CALL NOW FOR SHOWING, PRICED TO SELL.

Last Agent to Sell the Property

Gary Balletto

Balletto Realty License #REB.0017234 Listed on: 10/28/2021

Last Buyer's Agent

Nathan Clark

Your Home Sold Guaranteed, NCT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1880

Lot Details

  • 6,534

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,583 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 6,534 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 8587MAINSTWWAR

Community Details

Overview

  • 2 Units
  • Riverpoint Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,446

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Riverpoint
  • Above Grade Finished Sq Ft: 3583.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 8587MAINSTWWAR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 5446.0
  • Tax Lot: 18
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jan 31, 2022
Sold by
Arruda Thomas J
Bought by
Carranza Luis
Seller's Agent
Gary Balletto
Balletto Realty
Buyer's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
List Price
$279,900
Sold Price
$285,500
Premium/Discount to List
$5,600
2%
Current Estimated Value
$403,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,404
Avg. Annual Appreciation
9.89%
Original Mortgage
$271,225
Outstanding Balance
$250,828
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,076

Purchase Details

Closed on
Sep 28, 2017
Sold by
Hetu Colby
Bought by
Arruda Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 29, 2012
Closed on
Sep 4, 2012
Sold by
Cavaco John E and Cavaco Linda L
Bought by
Hetu Colby
Seller's Agent
Ann Marie Gianquitti
Greenwich Bay Brokers
Buyer's Agent
Ann Marie Kirwin
Re/Max Advantage Group
List Price
$158,900
Sold Price
$157,500
Premium/Discount to List
-$1,400
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$154,100
Interest Rate
3.5%
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
Carranza Luis $285,500 None Available
Arruda Thomas J $170,000 --
Hetu Colby $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carranza Luis $271,225
Previous Owner Hetu Colby $127,500
Previous Owner Hetu Colby $154,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $285,500 +2.0% $80 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $279,900 +77.7% $78 / Sq Ft
08/31/2012 08/31/12 Sold $157,500 -0.9% $86 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $158,900 -- $86 / 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 $5,055 $330,600 $78,800 $251,800
2024 $4,866 $237,700 $50,100 $187,600
2023 $4,771 $237,700 $50,100 $187,600
2022 $4,288 $237,700 $50,100 $187,600
2021 $5,446 $182,200 $41,100 $141,100
2020 $5,446 $182,200 $41,100 $141,100
2019 $5,342 $182,200 $41,100 $141,100
2018 $3,597 $122,300 $38,600 $83,700
2017 $4,641 $122,300 $38,600 $83,700
2016 $4,558 $122,300 $38,600 $83,700
2015 $4,785 $128,400 $38,600 $89,800
2014 $4,680 $128,400 $38,600 $89,800
Source: Public Records

Agents Affiliated with this Home

  • Gary Balletto

    Seller's Agent in 2022

    Gary Balletto

    Balletto Realty

    (401) 641-9994

    1 in this area

    19 Total Sales

    Gary Balletto
    Section Image
  • Nathan Clark

    Buyer's Agent in 2022

    Nathan Clark

    Your Home Sold Guaranteed, NCT

    (401) 232-8301

    26 in this area

    2,107 Total Sales

    Nathan Clark
    Section Image

  • A

    Seller's Agent in 2012

    Ann Marie Gianquitti

    Greenwich Bay Brokers

    (401) 323-2526

    26 Total Sales

    Ann Marie Gianquitti
    Section Image

  • A

    Buyer's Agent in 2012

    Ann Marie Kirwin

    RE/MAX

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1297356

State-Wide MLS

APN: WWAR-000018-000018-000000

Rhode Island Kent County West Warwick 02893 West Warwick Centre

85 E Main St, West Warwick, RI

This home is located at 85 E Main St, West Warwick, RI 02893 since 28 October 2021 and is currently estimated at $403,904, approximately $112 per square foot. This property was built in 1880. 85 E Main St is a home located in Kent County with nearby schools including West Warwick High School, Islamic School of Rhode Island, and St Joseph School.

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