Seller's Agent in 2024
Joellen Wunner
Keller Williams Coastal
(401) 368-1200
2 in this area
52 Total Sales
935 W Shore Rd Warwick, RI 02889
Conimicut-Shawomet NeighborhoodEstimated Value: $384,977
5
Beds
3.5
Baths
3,036
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Marina
- Walking Distance to Water
- Public Transportation
- Recreation Facilities
- Bathtub with Shower
- 3-minute walk to Clegg Field
About This Home
As of January 2024Investor Special - legal 4 unit property - as is sale. Income potential of $5600/month. Potential to change property to mixed use with an application to the town. Currently being used as a 3 family - 2 studios and 1 unit is a 2 bed. The 4th studio unit is in need of work to be brought to use. Walk to water, convenient location, huge rental potential - bring OFFERS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,560
Year Built
- Built in 1925
Lot Details
- 4,200
Home Design
- Combination Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 3,036 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
Additional Features
- Walking Distance to Water
- 4,200 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- The owner pays for hot water
- Tax Lot 746
- Assessor Parcel Number 935937WESTSHORERDWARW
Community Details
Overview
- 4 Units
- Conimicut Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Building Details
- Operating Expense $7,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2023
Closed on
Jan 10, 2024
Sold by
Application Leads Inc
Bought by
Velasquez Brian
Seller's Agent
Joellen Wunner
Keller Williams Coastal
Buyer's Agent
Francesca Gallonio
Real Broker, LLC
List Price
$399,000
Sold Price
$359,000
Premium/Discount to List
-$40,000
-10.03%
Total Days on Market
64
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,977
Avg. Annual Appreciation
6.62%
Original Mortgage
$341,050
Outstanding Balance
$336,862
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,361
Purchase Details
Closed on
Mar 4, 2020
Sold by
Citywide Properties Llc
Bought by
Application Leads Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2015
Sold by
Cwpi Holdings
Bought by
City Wide Properties L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasquez Brian | $359,000 | None Available | |
| Application Leads Inc | $110,000 | None Available | |
| City Wide Properties L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasquez Brian | $341,050 | |
| Previous Owner | Application Leads Inc | $50,000 | |
| Previous Owner | Application Leads Inc | $60,000 | |
| Previous Owner | Cwpi Holdings Rigp | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2024 01/10/24 | Sold | $359,000 | -10.0% | $118 / Sq Ft |
| 11/06/2023 11/06/23 | For Sale | $399,000 | -- | $131 / 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 | -- | $274,200 | $68,900 | $205,300 |
| 2023 | $0 | $274,200 | $68,900 | $205,300 |
| 2022 | $0 | $169,800 | $52,300 | $117,500 |
| 2021 | $0 | $169,800 | $52,300 | $117,500 |
| 2020 | $0 | $169,800 | $52,300 | $117,500 |
| 2019 | $0 | $169,800 | $52,300 | $117,500 |
| 2018 | $5,812 | $185,400 | $52,300 | $133,100 |
| 2017 | $0 | $185,400 | $52,300 | $133,100 |
| 2016 | -- | $185,400 | $52,300 | $133,100 |
| 2015 | -- | $197,800 | $68,600 | $129,200 |
| 2014 | -- | $197,800 | $68,600 | $129,200 |
| 2013 | -- | $197,800 | $68,600 | $129,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joellen Wunner
-
Francesca Gallonio
Buyer's Agent in 2024
Francesca Gallonio
Real Broker, LLC
(401) 345-7312
1 in this area
27 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1347507
APN: WARW-000332-000746-000000
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