NOT LISTED FOR SALE

1 Laurel Ave Westerly, RI 02891

Estimated Value: $658,468 - $731,000

4 Beds
3 Baths
2,459 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $575,350 $234 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,072/month

84 Days on Market

Highlights

  • Marina
  • In Ground Pool
  • Wood Flooring
  • Golf Course Community
  • Wooded Lot
  • Corner Lot

About This Home

As of June 2024

Spacious family estate, nestled in a quiet Potter Hill neighborhood. With four large bedrooms & three full bathrooms. First floor is spacious, lots of square footage to work with. A formal living & dining area. Family room with fireplace & kitchen perfect for entertaining. Prepare, cook and still be social with your guests as they hang out in the massive sunroom that expands across the back of the house, walk out to the in-ground pool that gets full sun most of the day, be sure to re-apply sunscreen. Huge yard ideal for wiffleball or any outdoor activity. Paved driveway with plenty of parking add a basketball hoop, have a nice half court set up. So many possibilities with this property to create your dream family home. City sewer & Water. Make an appointment today.

Last Agent to Sell the Property

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 01/31/2024

Last Buyer's Agent

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 01/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,418

Year Built

  • Built in 1972

Lot Details

  • 0.55 Acre Lot
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Additional Features

  • In Ground Pool
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 1LAURELAVWEST

Community Details

Overview

  • Potter Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,418

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Inclusions: Will be provided.
  • Subdivision Name: Potter Hill
  • Above Grade Finished Sq Ft: 2459.0
  • Architectural Style: Split-Level
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 2459.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Pool Features: In Ground
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

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

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 1LAURELAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4418.46
  • Tax Lot: 63
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jun 3, 2024
Sold by
Ferraro Peter S and Ferraro Frederick J
Bought by
Martinez Felix A and Martinez Kaila
Seller's Agent
Brian Turano
Onshore Realtors
Buyer's Agent
Brian Turano
Onshore Realtors
List Price
$597,350
Sold Price
$575,350
Premium/Discount to List
-$22,000
-3.68%
Views
128
Current Estimated Value
$695,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,017
Avg. Annual Appreciation
15.69%
Original Mortgage
$431,512
Outstanding Balance
$426,840
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,527

Purchase Details

Closed on
Aug 29, 2022
Sold by
Ferraro Peter S and Ferraro J F
Bought by
Ferraro Peter S and Ferraro Frederick J

Purchase Details

Closed on
Dec 16, 2020
Sold by
Ferraro Frederick J
Bought by
Welch Donna M

Purchase Details

Closed on
Jul 23, 2015
Sold by
Ferraro Frederick J and Ferraro Carolyn E
Bought by
Ferraro 2Nd Frederick J

Purchase Details

Closed on
Dec 1, 1995
Sold by
Dutko Helen E and Mayo Barbara D
Bought by
Hart Billy H and Hart Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.37%

Purchase Details

Closed on
Apr 25, 1962
Bought by
Ferraro Frederick J and Ferraro Carolyn E
Source: Public Records

Range of Values:

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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
Martinez Felix A $575,350 None Available
Martinez Felix A $575,350 None Available
Ferraro Peter S -- None Available
Ferraro Peter S -- None Available
Welch Donna M -- None Available
Welch Donna M -- None Available
Hart Billy H $107,000 --
Ferraro Frederick J -- --
Ferraro 2Nd Frederick J -- --
Hart Billy H $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Felix A $431,512
Closed Martinez Felix A $431,512
Previous Owner Ferraro Frederick J $20,000
Previous Owner Ferraro Frederick J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $575,350 -3.7% $234 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $597,350 -- $243 / 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
2024 $4,800 $459,300 $140,500 $318,800
2023 $4,666 $459,300 $140,500 $318,800
2022 $4,639 $459,300 $140,500 $318,800
2021 $4,351 $360,800 $122,100 $238,700
2020 $4,275 $360,800 $122,100 $238,700
2019 $4,236 $360,800 $122,100 $238,700
2018 $3,978 $322,100 $122,100 $200,000
2017 $3,865 $322,100 $122,100 $200,000
2016 $3,865 $322,100 $122,100 $200,000
2015 $3,641 $324,200 $124,500 $199,700
2014 -- $324,200 $124,500 $199,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Turano

    Seller's Agent in 2024

    Brian Turano

    Onshore Realtors

    (401) 741-7736

    47 in this area

    60 Total Sales

    Brian Turano
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Map

Source: State-Wide MLS

MLS Number: 1351993

State-Wide MLS

APN: WEST-000018-000063

Rhode Island Washington County Westerly 02891

1 Laurel Ave, Westerly, RI

This home is located at 1 Laurel Ave, Westerly, RI 02891 since 31 January 2024 and is currently estimated at $695,367, approximately $282 per square foot. This property was built in 1972. 1 Laurel Ave is a home located in Washington County with nearby schools including Westerly High School, North Stonington Christian Academy, and St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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