1 Thompson Ave Westerly, RI 02891
Estimated Value: $349,000 - $469,000
2
Beds
2
Baths
2,604
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- Bathtub with Shower
- Forced Air Heating System
- Carpet
About This Home
As of October 2020Located a short distance from Downtown Westerly, this well maintained two family offers two, one bedroom apartments each with one bath. Each unit has separate utilities and makes renting easy. Current updates include: carpet throughout, paint and new light fixtures on the second level.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0034454 Listed on: 08/29/2020
Last Buyer's Agent
Moira Worthy Teixeira
RI Real Estate Services License #RES.0042390
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,593
Year Built
- Built in 1915
Lot Details
- 8,400 Sq Ft Lot
Home Design
- Stone Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 2,604 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Crawl Space
Kitchen
- Oven
- Range with Range Hood
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 206
- Assessor Parcel Number 1THOMPSONAVWEST
Community Details
Overview
- 2 Units
- Tower Street Area Subdivision
Building Details
- Operating Expense $4,232
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2020
Closed on
Oct 27, 2020
Sold by
Ringler Richard W and Ringler Nancy E
Bought by
Chammat John I
Seller's Agent
Lauren Nigrelli
Residential Properties Ltd.
Buyer's Agent
Moira Worthy Teixeira
RI Real Estate Services
List Price
$265,000
Sold Price
$260,500
Premium/Discount to List
-$4,500
-1.7%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,831
Avg. Annual Appreciation
10.72%
Original Mortgage
$247,450
Outstanding Balance
$223,683
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,803
Purchase Details
Closed on
Jan 6, 2004
Sold by
Decaro Govanni and Fusaro Peter
Bought by
Ringler Richard and Ringler Nancy
Purchase Details
Closed on
Feb 1, 2002
Sold by
Mur Jr Investment Grp
Bought by
Fusaro Peter M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.15%
Similar Home in Westerly, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chammat John I | $260,500 | None Available | |
| Fusaro Peter M | $106,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chammat John I | $247,450 | |
| Previous Owner | Fusaro Peter M | $153,000 | |
| Previous Owner | Fusaro Peter M | $89,000 | |
| Previous Owner | Fusaro Peter M | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $260,500 | -1.7% | $100 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 08/29/2020 08/29/20 | For Sale | $265,000 | -- | $102 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $2,648 | $253,400 | $114,700 | $138,700 |
| 2023 | $2,575 | $253,400 | $114,700 | $138,700 |
| 2022 | $2,559 | $253,400 | $114,700 | $138,700 |
| 2021 | $2,664 | $220,900 | $99,800 | $121,100 |
| 2020 | $2,618 | $220,900 | $99,800 | $121,100 |
| 2019 | $2,593 | $220,900 | $99,800 | $121,100 |
| 2018 | $2,522 | $204,200 | $99,800 | $104,400 |
| 2017 | $2,450 | $204,200 | $99,800 | $104,400 |
| 2016 | $2,450 | $204,200 | $99,800 | $104,400 |
| 2015 | $2,363 | $210,400 | $101,800 | $108,600 |
| 2014 | $2,325 | $210,400 | $101,800 | $108,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Nigrelli
Seller's Agent in 2020
Lauren Nigrelli
Residential Properties Ltd.
(401) 742-5570
17 in this area
19 Total Sales
-
Dottie Nigrelli
Seller Co-Listing Agent in 2020
Dottie Nigrelli
Residential Properties Ltd.
(401) 258-7684
24 in this area
46 Total Sales
-
M
Buyer's Agent in 2020
Moira Worthy Teixeira
RI Real Estate Services
(401) 524-4889
Map
Source: State-Wide MLS
MLS Number: 1263084
APN: WEST-000058-000206
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