NOT LISTED FOR SALE

88 Reed St Warwick, RI 02886

Natick Neighborhood

Estimated Value: $640,000 - $862,000

6 Beds
4 Baths
5,465 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $126,500 $23 Per Sq Ft

Est. 480% increase in value since last sale

Current estimated payment $4,392/month

7 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Wood Siding
  • 2 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of April 2020

Diamond in the Rough! Great location in Pontiac Mills area! Close to all conveniences and highway access! Legal 2 unit Duplex with 2 illegal units on 2nd floor. Property is on a huge corner lot with detached 2 car garage. Property does have some hardwood floors and separate mechanicals. Subject will require renovation throughout. Cash or private money only. Offers responded to within 24 to 48 hours

Last Agent to Sell the Property

Robert Crudale

RE/MAX Real Estate Center License #RES.0029602 Listed on: 03/23/2020

RE/MAX Real Estate Center

Last Buyer's Agent

Robert Crudale

RE/MAX Real Estate Center License #RES.0029602 Listed on: 03/23/2020

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 0.42

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Combination Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 5,465 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Oil Water Heater

Additional Features

  • Porch
  • 0.42 Acre Lot

Community Details

  • 2 Units
  • Pontiac Mills Subdivision

Listing and Financial Details

  • Tax Lot 0170
  • Assessor Parcel Number 8894REEDSTWARW

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.42
  • Subdivision Name: Pontiac Mills
  • Above Grade Finished Sq Ft: 5465.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1875
  • Special Features: 5120

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Combination
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Utilities: Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18507.0
  • Parcel #: 8894REEDSTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3967.0
  • Tax Lot: 0170
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Ghossoub Michael
Bought by
Joe And Enterprises Llc
Current Estimated Value
$733,968

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 17, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Ghossoub Michael
Seller's Agent
Robert Crudale
RE/MAX Real Estate Center
Buyer's Agent
Robert Crudale
RE/MAX Real Estate Center
List Price
$124,900
Sold Price
$126,500
Premium/Discount to List
$1,600
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.99%

Purchase Details

Closed on
Jan 9, 2020
Sold by
Tavares George C and Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Nov 9, 2011
Sold by
Happy Mill Llc
Bought by
Tavares George
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Joe And Enterprises Llc -- None Available
Ghossoub Michael $126,500 None Available
Wilmington Svgs Fund Soc $129,000 None Available
Tavares George $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tavares George $156,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $126,500 +1.3% $23 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $124,900 -- $23 / 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 $7,108 $559,700 $116,200 $443,500
2024 $7,380 $510,000 $97,800 $412,200
2023 $4,642 $327,100 $97,800 $229,300
2022 $3,744 $199,900 $64,200 $135,700
2021 $3,967 $211,800 $64,200 $147,600
2020 $3,967 $211,800 $64,200 $147,600
2019 $3,967 $211,800 $64,200 $147,600
2018 $3,937 $189,300 $68,200 $121,100
2017 $3,831 $189,300 $68,200 $121,100
2016 $3,831 $189,300 $68,200 $121,100
2015 $3,934 $189,600 $74,600 $115,000
2014 $3,803 $189,600 $74,600 $115,000
2013 $3,752 $189,600 $74,600 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Crudale

    Seller's Agent in 2020

    Robert Crudale

    RE/MAX Real Estate Center

    (401) 580-4080

    2 in this area

    53 Total Sales

    Robert Crudale
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Map

Source: State-Wide MLS

MLS Number: 1250399

State-Wide MLS

APN: WARW-000274-000170-000000

Rhode Island Kent County Warwick 02886 Natick

88 Reed St, Warwick, RI

Not Listed for Sale

MultiFamily

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