$300,000
SOLD NOV 26, 2019

1 Summer St Westerly, RI 02891

8 Beds
3 Baths
4,624 Sq Ft
0.3 Acres

Recently Sold

$65 Per Sq Ft

6% Below List Price

44 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Corner Lot
  • Beach Access
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2019

3 FAMILY ON CORNER LOT. WELL MAINTAINED Two - 3 BEDROOM UNITS AND ONE - 2 BEDROOM UNIT. LOVELY FRONT PORCH. NEWER ROOF, LOW MAINTENANCE VINYL SIDING. 3 SEPARATE GAS HEATING SYSTEMS, 3 SEPARATE ELECTRIC METERS, 3 SEPARATE WASHER AND DRYER HOOK UPS, CITY WATER AND SEWER, LARGE OFF-STREET PARKING AREA, WALK TO DOWNTOWN WESTERLY, WILCOX PARK AND TRAIN STATION. ***** THIS HOME IS IN THE RHODE ISLAND OPPORTUNITY ZONE FOR POTENTIAL CAPITAL GAINS DEFERRAL.

Last Agent to Sell the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 09/12/2019

RE/MAX South County

Last Buyer's Agent

Lynn Azzinaro

Re/Max South County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,624 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 115
  • Assessor Parcel Number 1SUMMERSTWEST

Community Details

Overview

  • 4 Units
  • In Town Wilcox Park Subdivision

Amenities

  • Shops

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,590

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Subdivision Name: IN TOWN - Wilcox Park
  • Above Grade Finished Sq Ft: 4624.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12970.0
  • Parcel #: 1SUMMERSTWEST
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3590.0
  • Tax Lot: 115
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 26, 2019
Sold by
Battles Peter
Bought by
Bonaldi Gary
Seller's Agent
Lynn Azzinaro
RE/MAX South County
Buyer's Agent
Lynn Azzinaro
Re/Max South County
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%
Total Days on Market
44
Current Estimated Value
$508,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,221
Avg. Annual Appreciation
9.96%
Original Mortgage
$225,000
Outstanding Balance
$200,124
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,097

Purchase Details

Closed on
Aug 1, 2011
Sold by
Kettlety Kenneth M and Kettlety Kimberly P
Bought by
Battles Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.52%

Purchase Details

Closed on
Mar 13, 2000
Sold by
Lopriore Arthur E and Lopriore Palma C
Bought by
Previty Peter J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 --
Deed -- --
Deed -- --
Warranty Deed $61,000 --
Warranty Deed $54,384 --
Warranty Deed $54,384 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Purchase Money Mortgage
Previous Owner $205,500 No Value Available
Previous Owner $213,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Rented $1,700 0.0% --
11/17/2023 11/17/23 Under Contract -- -- --
11/07/2023 11/07/23 For Rent $1,700 -5.6% --
04/20/2023 04/20/23 Rented $1,800 0.0% --
04/17/2023 04/17/23 For Rent $1,800 0.0% --
11/26/2019 11/26/19 Sold $300,000 -6.0% $65 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $319,000 -- $69 / 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 $3,729 $356,800 $110,300 $246,500
2023 $3,625 $356,800 $110,300 $246,500
2022 $3,604 $356,800 $110,300 $246,500
2021 $3,688 $305,800 $96,200 $209,600
2020 $3,624 $305,800 $96,200 $209,600
2019 $3,590 $305,800 $96,200 $209,600
2018 $3,427 $277,500 $96,200 $181,300
2017 $3,330 $277,500 $96,200 $181,300
2016 $3,330 $277,500 $96,200 $181,300
2015 $3,194 $284,400 $98,100 $186,300
2014 $3,143 $284,400 $98,100 $186,300
Source: Public Records

Agents Affiliated with this Home

  • Sean Conroy

    Seller's Agent in 2023

    Sean Conroy

    Stanton Realty, Inc.

    (401) 741-6068

    14 in this area

    23 Total Sales

    Sean Conroy
    Section Image

  • N

    Buyer's Agent in 2023

    Nicholas Felicetti

    Compass / Lila Delman Compass

    (860) 572-9099

    15 in this area

    39 Total Sales

    Nicholas Felicetti
    Section Image
  • Lynn Azzinaro

    Seller's Agent in 2019

    Lynn Azzinaro

    RE/MAX South County

    (401) 742-4584

    50 in this area

    83 Total Sales

    Lynn Azzinaro
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1234951

State-Wide MLS

APN: WEST-000067-000115

Rhode Island Washington County Westerly 02891

1 Summer St, Westerly, RI

This home is located at 1 Summer St, Westerly, RI 02891 and is currently priced at $300,000, approximately $64 per square foot. This property was built in 1890. 1 Summer St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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