NOT LISTED FOR SALE

970 Cedar Swamp Rd Warwick, RI 02889

Hoxie Neighborhood

Estimated Value: $518,000 - $617,000

5 Beds
2 Baths
2,860 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $470,000 $164 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,532/month

7 Days on Market

Highlights

  • 0.68 Acre Lot
  • Ceramic Tile Flooring
  • Family Room
  • 1 Fireplace
  • Baseboard Heating
  • Wood Siding

About This Home

As of July 2022

Great opportunity to own this unique 2 family located in a residential neighborhood. This legal 2 family has the appearance of a raised ranch with one unit on the first floor and a second unit in the basement. 1st floor unit is 3 bedrooms, 1 bathroom, and is currently vacant. Seller just went through this entire unit and updated new flooring, fresh paint, refinished cabinetry, and a new kitchen countertop. Basement unit is 2 bedrooms and 1 bathroom. Tenant is currently a tenant at will with 30 day notice and is currently paying $1,125 per month with only water/sewer included. Perfect for owner occupied or investment. Value range pricing: seller will entertain any offers from 415,000-475,000.

Last Agent to Sell the Property

Koury Signoriello

New World Realty License #REB.0019235 Listed on: 04/26/2022

Last Buyer's Agent

Teresa Guaba

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 1971

Lot Details

  • 0.68 Acre Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 970CEDARSWAMPRDWARW

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,419

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6772
  • Above Grade Finished Sq Ft: 2860.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1971
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Dining Room Type: Bathroom, Bedroom, Family Room, Kitchen
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29500.0
  • Parcel #: 970CEDARSWAMPRDWARW
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5418.59
  • Tax Block: 0
  • Tax Lot: 131
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 23, 2022
Sold by
Nostrand Ray V
Bought by
Pogson James A
Seller's Agent
Koury Signoriello
New World Realty
Buyer's Agent
Teresa Guaba
List Price
$415,000
Sold Price
$470,000
Premium/Discount to List
$55,000
13.25%
Current Estimated Value
$566,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,941
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
May 3, 2017
Sold by
Vannostrand Ray and Vannostrand Barbara
Bought by
Vannostrand Ray

Purchase Details

Closed on
Oct 2, 2001
Sold by
Plouffe Eugene N and Plouffe Linda J
Bought by
Vannostrand Raymond C and Vannostrand Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pogson James A $470,000 None Available
Vannostrand Ray -- --
Vannostrand Raymond C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannostrand Raymond C $219,800
Previous Owner Vannostrand Raymond C $15,000
Previous Owner Vannostrand Raymond C $160,000
Previous Owner Vannostrand Raymond C $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $470,000 +13.3% $164 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $415,000 -- $145 / 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 $6,708 $528,200 $133,600 $394,600
2024 $6,549 $452,600 $116,100 $336,500
2023 $6,422 $452,600 $116,100 $336,500
2022 $5,419 $289,300 $88,000 $201,300
2021 $5,419 $289,300 $88,000 $201,300
2020 $5,419 $289,300 $88,000 $201,300
2019 $5,419 $289,300 $88,000 $201,300
2018 $5,043 $256,000 $109,700 $146,300
2017 $5,181 $256,000 $109,700 $146,300
2016 $5,181 $256,000 $109,700 $146,300
2015 $4,476 $215,700 $82,200 $133,500
2014 $4,327 $215,700 $82,200 $133,500
2013 $4,269 $215,700 $82,200 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1308500

State-Wide MLS

APN: WARW-000341-000131-000000