$269,000

86 Lane 5 Warwick, RI 02888

Palace Garden Neighborhood

Estimated payment $2,058/month

Total Views 5,869
3 Beds
1 Bath
1,154 Sq Ft
$233 Price per Sq Ft

Highlights

  • Hot Property
  • Public Transportation
  • 1-Story Property
  • Wood Flooring
  • Baseboard Heating

About This Home

Fantastic ranch in Gaspee! 3 nice size bedrooms, full bathroom, laundry with a large eat in kitchen. Nice living/family room as well! There is a nice finished basement perfect for play room or office and it walks out to the nice size yard. The grounds are beautiful with gardens and a patio. The association fees include the common area maintenance, trash removal, snow plowing, and the land lease. Call today!

Listing Agent

Jonathan Weinstein

Compass License #REB.0016858 Listed on: 09/30/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1935

Lot Details

  • Land Lease

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • No Garage

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 86LANE5AVWARW

Community Details

Overview

  • Gaspee Point Subdivision

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,880

Year Built

Built in 1935

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Gaspee Point
  • Above Grade Finished Sq Ft: 854.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1154.0
  • Stories: 1

Exterior Features

  • Construction Type: Drywall
  • Exterior Features: None
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community: No
  • Association Fee: 475.0
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: Yes
  • Parcel #: 86LANE5AVWARW

Tax Info

  • Tax Annual Amount: 1880.0
  • Tax Lot: 58
  • Tax Year: 2018

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,972 $136,300 $0 $136,300
2023 $1,934 $136,300 $0 $136,300
2022 $1,749 $93,400 $0 $93,400
2021 $1,749 $93,400 $0 $93,400
2020 $1,749 $93,400 $0 $93,400
2019 $1,749 $93,400 $0 $93,400
2018 $1,880 $90,400 $0 $90,400
2017 $1,830 $90,400 $0 $90,400
2016 $1,830 $90,400 $0 $90,400
2015 $1,446 $69,700 $0 $69,700
2014 $1,398 $69,700 $0 $69,700
2013 $1,379 $69,700 $0 $69,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 For Sale $269,000 +163.7% $233 / Sq Ft
08/30/2019 08/30/19 Sold $102,000 -15.0% $88 / Sq Ft View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $120,000 +100.3% $104 / Sq Ft
08/05/2013 08/05/13 Sold $59,900 -33.4% $70 / Sq Ft View Prior Sale
07/06/2013 07/06/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $89,900 -- $105 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $59,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,905 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1396591

State-Wide MLS

APN: WARW-000305-000058-009886

Rhode Island Kent County Warwick 02888 Palace Garden

86 Lane 5, Warwick, RI

This home is located at 86 Lane 5, Warwick, RI 02888 and is currently priced at $269,000, approximately $233 per square foot. This property was built in 1935. 86 Lane 5 is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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Jonathan Weinstein
Listing Agent
Jonathan Weinstein
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Compass
(401) 485-4320