$250,000
SOLD FEB 22, 2013

10 Canal St Unit 42 Westerly, RI 02891

2 Beds
2 Baths
2,145 Sq Ft
$175/mo HOA Fee

Recently Sold

$117 Per Sq Ft

23% Below List Price

50 Days on Market

Highlights

  • Marina
  • River Access
  • Cathedral Ceiling
  • Golf Course Community
  • Under Construction
  • 1-minute walk to Rooney Park

About This Home

As of August 2021

Simply needs finishing carpentry. Stately-in-town-condominium. Superior quality finishes with spacious living. Walk to skating, restaurants, park, YMCA, train and to the beach if you're well conditioned.

Last Agent to Sell the Property

Steve McGill

WATERFRONT PROPERTIES License #REB.0010834 Listed on: 12/03/2012

Last Buyer's Agent

Steve McGill

WATERFRONT PROPERTIES License #REB.0010834 Listed on: 12/03/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1888 | Under Construction

Lot Details

  • Cul-De-Sac
  • Security Fence

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,145 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Family Room
  • Living Room
  • Storage Room
  • Laundry in unit
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • River Access
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 23 / 23
  • Assessor Parcel Number 10CANALST42WEST

Community Details

Overview

  • 14 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Year Built

Built in 1888 | Under Construction

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 2145.0
  • Architectural Style: High Rise
  • Building Name: Martin House
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Structure Type: High Rise
  • Year Built: 1888
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 2145.0
  • Dining Room Type: Family Room, Kitchen, Living Room, Master Bedroom, Storage Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Cul-De-Sac
  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Drywall, Brick
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security Service
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 10CANALST42WEST
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Block: 23
  • Tax Lot: 23
  • Tax Year: 2011

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
$684,962

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%
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
Condominium Deed -- None Available
Condominium Deed $610,000 None Available
Warranty Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,000 Purchase Money Mortgage
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

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 $4,881 $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

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Map

Source: State-Wide MLS

MLS Number: 1030062

State-Wide MLS

APN: WEST-000056-000023-000042