NOT LISTED FOR SALE

1 Ocean Rise Dr Westerly, RI 02891

Estimated Value: $1,686,000 - $1,936,000

4 Beds
4.5 Baths
4,000 Sq Ft
$440/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $930,000 $232 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $10,225/month

166 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Beach Access
  • Deck
  • Corner Lot

About This Home

As of November 2016

COASTAL ELEGANCE w/ this quintessential custom home epitomizing seaside charm moments from WATCH HILL. Well appointed w/ versatile floor plan made for entertaining featuring 4 bdrms,4 1/2 baths & a guest suite!.Well appointed with lovely details.

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 04/21/2016

Last Buyer's Agent

Olga Goff

Olga B. Goff Real Estate License #REB.0014670

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,460

Year Built

  • Built in 1989

Lot Details

  • 0.62 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Stone Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Geothermal Heating and Cooling
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 1OCEANRISEDRWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Misquamicut Beach & Near Watch Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,460

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.6191
  • Subdivision Name: MISQUAMICUT BEACH & NEAR WATCH HILL
  • Above Grade Finished Sq Ft: 4000.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 4000.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Geothermal
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26970.0
  • Parcel #: 1OCEANRISEDRWEST
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9460.0
  • Tax Lot: 22
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Nov 4, 2016
Sold by
Mahon Patrick and Mahon Laurie
Bought by
Norfleet Philip S and Norlfeet Carol S
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Olga Goff
Olga B. Goff Real Estate
List Price
$995,000
Sold Price
$930,000
Premium/Discount to List
-$65,000
-6.53%
Current Estimated Value
$1,761,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,547
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Boyd Deborah
Bought by
Mahon Patrick and Mahon Laurie A
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
Norfleet Philip S $930,000 --
Mahon Patrick $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Deborah $455,000
Previous Owner Boyd Deborah $400,000
Previous Owner Boyd Deborah $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $930,000 -6.5% $233 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $995,000 -- $249 / 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 $11,069 $1,128,300 $306,800 $821,500
2023 $10,854 $1,128,300 $306,800 $821,500
2022 $10,787 $1,128,300 $306,800 $821,500
2021 $10,158 $881,800 $222,500 $659,300
2020 $9,973 $881,800 $222,500 $659,300
2019 $9,876 $881,800 $222,500 $659,300
2018 $10,015 $843,000 $222,100 $620,900
2017 $9,770 $843,000 $222,100 $620,900
2016 $9,846 $843,000 $222,100 $620,900
2015 $9,423 $870,900 $237,900 $633,000
2014 $9,266 $870,900 $237,900 $633,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1123605

State-Wide MLS

APN: WEST-000164-000022