Seller's Agent in 2021
Geb Masterson
William Pitt Sotheby's Int'l
(714) 473-8530
25 in this area
39 Total Sales
10 Canal St Unit 42 Westerly, RI 02891
Estimated Value: $538,000 - $839,000
2
Beds
2
Baths
2,145
Sq Ft
$327/mo
HOA Fee
Highlights
- Marina
- River Access
- Wood Flooring
- Golf Course Community
- Waterfront
- 1-minute walk to Rooney Park
About This Home
As of August 2021Rare loft-like living opportunity in downtown Westerly! Live in the heart of Westerly's rejuvenated restaurant, shopping, and arts district in this gorgeous penthouse two-bedroom, two-bath condo. With easy access to both Boston & NYC via train or car and Westerly's beautiful beaches and boating access, this property offers stylish living with a lifestyle like none other! You are literally minutes from the Village of Watch Hill, yet shops, restaurants, live-music, and entertainment surround you right outside your building! On the 1st floor of this building is the painstakingly restored Savoy Bookstore & Caf . The spacious 2,145-SqFt-penthouse unit features gorgeous hardwood floors, moldings, recessed lighting and top-of-the line fixtures and appliances. This unit was built-out new, from raw space in 2015, and designed to maximize livability and storage space! The large open-space main living area is perfect for entertaining and easily flows into the separate Music Room'/Den via pocket-doors. This design arrangement offers the best of both worlds! Gorgeous built-in cabinetry and window seats add to the charm of this unit. Spanning three sides of the top floor, beautiful natural light flows into the space throughout the day. This natural lighting is a large part of the special' feeling you sense the moment you walk through the door! This is truly a unique and rare offering, in move-in condition. Includes two covered, parking spaces. Contact me for more information.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0041456 Listed on: 07/01/2021
Last Buyer's Agent
George Masterson
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,572
Year Built
- Built in 1888
Lot Details
- 0.65
HOA Fees
- $327 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Brick Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 2,145 Sq Ft Home
- 1-Story Property
- Dry Bar
- Thermal Windows
- Storage Room
- Water Views
- Intercom
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- <<tubWithShowerToken>>
Laundry
- Laundry in unit
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Car Detached Garage
- Carport
- Driveway
- Assigned Parking
Outdoor Features
- River Access
- Walking Distance to Water
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 220 Volts
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Waterfront
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 23-42
- Assessor Parcel Number 10CANALST42WEST
Community Details
Overview
- 14 Units
- Westerly Restaurant/Theater Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2021
Closed on
Sep 20, 2021
Sold by
Rachlin Michael R and Spivey-Rachlin Jennifer
Bought by
Jennifer S Rachlin Ret
Seller's Agent
Geb Masterson
William Pitt Sotheby's Int'l
Buyer's Agent
George Masterson
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%
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
$74,962
Avg. Annual Appreciation
4.01%
Original Mortgage
$366,000
Outstanding Balance
$335,203
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,840
Purchase Details
Listed on
Jul 1, 2021
Closed on
Aug 25, 2021
Sold by
Holden Justin S and Holden Linda E
Bought by
Rachlin Michael R and Spivey-Rachlin Jennifer
Seller's Agent
Geb Masterson
William Pitt Sotheby's Int'l
Buyer's Agent
George Masterson
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Outstanding Balance
$335,203
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,840
Purchase Details
Listed on
Dec 3, 2012
Closed on
Feb 21, 2013
Sold by
Downtown Group Llc
Bought by
Holden Justin S and Holden Linda E
Seller's Agent
Steve McGill
WATERFRONT PROPERTIES
Buyer's Agent
Steve McGill
WATERFRONT PROPERTIES
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
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 |
|---|---|---|---|
| Jennifer S Rachlin Ret | -- | None Available | |
| Rachlin Michael R | $610,000 | None Available | |
| Holden Justin S | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rachlin Michael R | $366,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2021 08/25/21 | Sold | $610,000 | -1.5% | $284 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/01/2021 07/01/21 | For Sale | $619,000 | +147.6% | $289 / Sq Ft |
| 02/22/2013 02/22/13 | Sold | $250,000 | -23.1% | $117 / Sq Ft |
| 01/23/2013 01/23/13 | Pending | -- | -- | -- |
| 12/03/2012 12/03/12 | For Sale | $325,000 | -- | $152 / 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 | $4,881 | $467,100 | $0 | $467,100 |
| 2023 | $4,746 | $467,100 | $0 | $467,100 |
| 2022 | $4,718 | $467,100 | $0 | $467,100 |
| 2021 | $3,635 | $301,400 | $0 | $301,400 |
| 2020 | $3,572 | $301,400 | $0 | $301,400 |
| 2019 | $3,538 | $301,400 | $0 | $301,400 |
| 2018 | $3,452 | $279,500 | $0 | $279,500 |
| 2017 | $3,354 | $279,500 | $0 | $279,500 |
| 2016 | $3,354 | $279,500 | $0 | $279,500 |
| 2015 | $4,097 | $364,800 | $0 | $364,800 |
| 2014 | $4,031 | $364,800 | $0 | $364,800 |
Source: Public Records
Agents Affiliated with this Home
-
Geb Masterson
-
David Coleman
Seller Co-Listing Agent in 2021
David Coleman
Mott & Chace Sotheby's Intl.
(401) 245-3050
1 in this area
22 Total Sales
-
G
Buyer's Agent in 2021
George Masterson
-
Steve McGill
Seller's Agent in 2013
Steve McGill
WATERFRONT PROPERTIES
(401) 529-0468
3 in this area
30 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1287111
APN: WEST-000056-000023-000042
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