Sold for $410,000

$410,000

127 Spofford Ave, Warwick, RI 02888

3beds

1,341sqft

Multi Family

Built in 1930

-- sqft lot

$616,000 Zestimate^®

$306/sqft

$2,261 Estimated rent

Home value

$616,000

$561,000 - $678,000

$2,261/mo

Zestimate^® history

Owner options

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$2,261/mo

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$2,261/mo

Rent Zestimate^®

Refinance and save

$2,174/mo

Est. payment

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$2,174/mo

Est. payment

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What's special

Step into this captivating 2-family property that offers a unique opportunity for both investors and future homeowners! With financing options including cash and conventional (NO FHA). The 1st floor, brimming with potential, boasts 2 spacious bedrooms flooded with natural light, presenting ample potential for personalization. On the other hand, the recently updated 2nd floor provides a cozy bedroom retreat. Prepare to be amazed by the star feature of this remarkable property - a spacious detached garage with additional storage space on top. Built in 2004 with a generous 840 sqft living area and boasting new roof on both buildings, this property shines as a true standout in the market. Don't miss out on this extraordinary opportunity! Whether you're seeking an investment with high returns or envisioning your dream home, this property offers a versatile canvas for your vision. Contact me today to explore and envision the possibilities it holds.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Oil, Steam

Cooling

None

Appliances

Included: Oven/Range, Refrigerator

Features

Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
Flooring: Hardwood, Laminate
Basement: Full,Interior and Exterior,Unfinished,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,366
Total interior livable area: 1,341 sqft

Property

Parking

Total spaces: 5
Parking features: Detached, Driveway
Garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 2
Fencing: Fenced

Lot

Size: 4,791 Square Feet
Features: Sidewalks

Details

Parcel number: WARWM288B0157L0000
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Vinyl Siding
Foundation: Concrete Perimeter, Mixed

Condition

New construction: No
Year built: 1930

Utilities & green energy

Electric: 100 Amp Service
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Highway Access, Hospital, Restaurants, Schools, Near Shopping

HOA

Has HOA: No

Location

Region: Warwick

Financial & listing details

Price per square foot: $306/sqft
Tax assessed value: $509,100
Annual tax amount: $7,224
Date on market: 9/26/2024
Total actual rent: 0
Tenant pays: Heat

Price history

Date	Event	Price
7/31/2024	Sold	$410,000-12.8%$306/sqft
Source: StateWide MLS RI #1355097 Report a problem
5/22/2024	Pending sale	$469,995$350/sqft
Source: StateWide MLS RI #1355097 Report a problem
5/8/2024	Price change	$469,995-5.8%$350/sqft
Source: StateWide MLS RI #1355097 Report a problem
4/18/2024	Price change	$499,000-4%$372/sqft
Source: StateWide MLS RI #1355097 Report a problem
4/9/2024	Price change	$520,000-5.5%$388/sqft
Source: StateWide MLS RI #1355097 Report a problem
3/21/2024	Listed for sale	$550,000$410/sqft
Source: StateWide MLS RI #1355097 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,367	$509,100
2024	$7,367 +2%	$509,100
2023	$7,224 +7.5%	$509,100 +42%
2022	$6,717	$358,600
2021	$6,717	$358,600
2020	$6,717	$358,600
2019	$6,717 +19.9%	$358,600 +33.1%
2018	$5,604 +2.8%	$269,400
2017	$5,453	$269,400
2016	$5,453 +16.1%	$269,400 +19%
2015	$4,696 +3.4%	$226,300
2014	$4,540 +1.4%	$226,300
2013	$4,478 -1.6%	$226,300 -12.1%
2011	$4,553 +1.2%	$257,400
2010	$4,499 -5.5%	$257,400 -23.5%
2009	$4,760 +5.4%	$336,600
2008	$4,514 +48.1%	$336,600 +70.8%
2007	$3,047	$197,100
2006	$3,047 +23.7%	$197,100 +18.4%
2004	$2,464 -0.8%	$166,400 +86.5%
2003	$2,483	$89,230