1 day on Rocket
$4,274 Closing Credit¹
#1383762, Listing Office: HomeSmart Professionals
$499,000 List price
38 Economy Ave Warwick, RI 02889
$5,926
Closing credit¹
2 beds
1 full, 1 partial
1,038 sqft
0.2 acres
$481 / sqft
House
Property details
About 38 Economy Ave
Just in time for Spring and Summer! This completely updated 2 bedroom, 1.5 bath home is scituated in Conimicut and has seasonal water views from everywhere in the house of Narragansett Bay and the ability to walk to the beach. Located on a private corner lot and enclosed with white vinyl fencing, there's plenty of room for the fire pit, full sized shed and a hot tub which abuts a wonderful and unique outdoor entertainment area complete with TV, surround sound and grilling. Lush, colorful and mature landscaping surrounds this beautiful outdoor living space. As you go up the stairs, you'll enter the open and natural light filled family room complete with hardwood floors, crown molding, high ceilings, gas fire place, freshly painted walls with Central AC and a Google Nest system. The adjoining kitchen is complete with granite countertops, SS appliances and a half bath complete with a stacking full size washer/dryer. The sliders of the kitchen bring you to a freshly painted deck with beautiful scenic views! The second level has 2 bedrooms, a full bath with double sinks and plenty of natural light. Bring your kayaks and see another treasured community in a well kept secret location in RI! Close to TF Green International airport, the Amtrak train station, 1 hr drive to Boston and 3 hrs to NYC! Location!!! This has it all!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Propane
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size1,038 sqft
Lot size0.19 Acres
Year built2008
ParkingCarport
MLS #1382337
WaterfrontBeach, Waterfront
FireplaceGas
ViewWater
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
- Basement: No
- Flooring Type: Ceramic Tile, Hardwood, Carpet
- Interior: Attic, Cathedral Ceiling(s), High Ceilings, Tub Shower, Vaulted Ceiling(s), Cable TV
- Fireplace: Gas
- Total Bedroom Count: 2
- Parking: Carport
- Waterfront: Beach, Waterfront
- View: Water
- Exterior: Balcony, Deck, Patio, Paved Driveway
- Architectural Style: Contemporary
- Heating: Forced Air, Propane
- Cooling: Central Air
- List Price: $499,000
- Price/SqFt: $480
- Annual Tax Amount: $4,697
- Tax Year: 2024
- Lot: Corner Lot, Wooded
- Year Built: 2008
- Stories: 2
- Living Area: 1,038 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 1382337
- MLS Name: RIS
- Office Name: Greenwich Bay Brokers
- Office Phone: (401) 615-4100
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
38 Economy Ave
$5,926
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 07, 2023 | Home Sold | $500,000 |
| Feb 03, 2021 | Home Sold | $339,500 |
| Jun 04, 2014 | Home Sold | $180,000 |
| Sep 02, 2009 | Home Sold | $230,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $324,600 | $4,697 |
| 2023 | $324,600 | $4,606 |
| 2022 | $211,200 | $3,956 |
| 2021 | $210,900 | $3,950 |
| 2020 | $210,900 | $3,950 |
| 2019 | $210,900 | $3,950 |
History based on county public records data.
Nearby schools
7
Sherman Elementary School
Public District KG-6
1.3 mi
•120 Killey Ave
5
Warwick Neck Elementary School
Public District KG-6
1.7 mi
•150 Lennox Avenue (Formerly 155 Rocky Pt Ave)
2
Oakland Beach Elementary School
Public District KG-6
1.8 mi
•383 Oakland Beach Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,524. Typical income of Warwick, RI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
19%
<35k
48%
35k-100k
27%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
8%
Single, with Kids
34%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
54%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Tennis
Horse Races
Where do the neighbors shop?
Chico's
IKEA
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
LongHorn Steakhouse
What do the neighbors drive?
Volvo
Jeep
Buick
What do the neighbors listen to?
Talk/Personality
Alternative- Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Warwick, RI
Warwick's transportation infrastructure supports both private and public transit options, with a network of roads that connect residents to the rest of the state and beyond. Public transportation services are available, offering routes that facilitate access to key areas within the city and to neighboring regions. The city is also mindful of walkability, with certain areas being more pedestrian-friendly, and has made efforts to improve bike paths to encourage alternative modes of transport.
The city of Warwick provides a comprehensive array of services to its residents. The educational landscape includes a number of public and private schools, offering a variety of choices for families. Healthcare is well-represented with several clinics and a hospital that provides emergency services and specialized care. Retail and dining options are plentiful, with establishments ranging from local boutiques to national chains, reflecting the community's diverse tastes and economic vitality.
Warwick is celebrated for its coastal charm and rich history, with numerous parks and marinas that underscore its maritime heritage. The community prides itself on a family-friendly atmosphere, with annual events that foster a strong sense of togetherness. The city's character is further defined by its blend of quiet residential neighborhoods and bustling commercial areas, providing a balanced lifestyle for its inhabitants.
Warwick's housing market is diverse, offering a range of options from classic colonial homes to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older homes that reflect the city's historical roots and newer constructions that cater to modern preferences. The homeownership rate in Warwick is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
About 38 Economy Ave
The listing price of 38 Economy Ave property is $499,000.
The property 38 Economy Ave is a house located in Warwick, Rhode Island, 02889.
Accepting Backup Offers: 38 Economy Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 38 Economy Ave are: Sherman Elementary School (GreatSchools Rating 7/10), Warwick Neck Elementary School (GreatSchools Rating 5/10), Oakland Beach Elementary School (GreatSchools Rating 2/10), Warwick Veterans Memorial Middle School (GreatSchools Rating 5/10), Barrington Middle School (GreatSchools Rating 9/10), Riverside Middle School (GreatSchools Rating 3/10), Pilgrim High School (GreatSchools Rating 4/10), Barrington High School (GreatSchools Rating 10/10), Nel/Cps Construction Career (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $4,697 (source: MLS/based on county public records data).
The last sale was on August 7, 2023 for $500,000 (source: MLS/tax record).
The property at 38 Economy Ave has 2 bedrooms and 1 full and 1 half bathrooms.
The property 38 Economy Ave is 1,038 SqFt (source: MLS/tax record).
The year of construction for 38 Economy Ave is 2008.
This home is located at 38 Economy Ave in Warwick, RI and zip code 02889. This 1,038 square foot home, which was built in 2008, sits on a 0.19 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $499,000.
While more than 48 listings in Warwick, RI in April 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 22 were sold below. The number of homes for sale in Warwick, RI increased by 17.2% between March and April 2025. While the average time on the market in April 2025 was 20 days, the median list price was $410,000.
From Rocket Homes Real Estate and based on county public records data.