NOT LISTED FOR SALE

10 Franklin St Westerly, RI 02891

Estimated Value: $491,000 - $581,000

5 Beds
2.5 Baths
2,553 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $230,000 $90 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,365/month

10 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 1-minute walk to Climore Field
  • Forced Air Heating System

About This Home

As of October 2016

Two seperate houses on one lot! Why 'RENT' when it's cheaper to own this property than pay a landlord. Ask how you can buy this with little money down.

Last Agent to Sell the Property

Dan Liese

Seaport Real Estate Services License #REB.0017069 Listed on: 08/31/2016

Last Buyer's Agent

Bridget Morrissey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1940

Lot Details

  • 10,500 Sq Ft Lot

Home Design

  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 2,553 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 2 Units
  • Center Of Town Subdivision

Listing and Financial Details

  • Tax Lot 404
  • Assessor Parcel Number 10FRANKLINSTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,068

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.241
  • Subdivision Name: CENTER OF TOWN
  • Above Grade Finished Sq Ft: 2553.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2553.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Oil, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10500.0
  • Parcel #: 10FRANKLINSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3068.0
  • Tax Lot: 404
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Oct 11, 2016
Sold by
Carlson Interests & Inv
Bought by
Ricci Tanya and Ricci Michael J
Seller's Agent
Dan Liese
Seaport Real Estate Services
Buyer's Agent
Bridget Morrissey
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Total Days on Market
10
Current Estimated Value
$535,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,683
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Aug 21, 2007
Sold by
Lewiss Peter L
Bought by
Pavao Van H and Pavao Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1998
Sold by
Beattie Robert A and Walsh Kathleen Johan
Bought by
Lewiss Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.11%
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 Buyer Sale Price Title Company
Ricci Tanya $230,000 --
Pavao Van H $275,000 --
Lewiss Peter L $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Interests Carlson $190,000
Previous Owner Lewiss Peter L $224,000
Previous Owner Lewiss Peter L $112,000
Previous Owner Lewiss Peter L $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $230,000 -7.6% $90 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $249,000 -- $98 / 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 $4,477 $428,400 $132,400 $296,000
2023 $4,353 $428,400 $132,400 $296,000
2022 $4,319 $427,600 $132,400 $295,200
2021 $4,228 $350,600 $115,100 $235,500
2020 $3,492 $294,700 $115,100 $179,600
2019 $3,460 $294,700 $115,100 $179,600
2018 $3,300 $267,200 $115,100 $152,100
2017 $3,100 $258,300 $115,100 $143,200
2016 $3,068 $255,700 $115,100 $140,600
2015 $3,094 $275,500 $111,300 $164,200
2014 $3,044 $275,500 $111,300 $164,200
Source: Public Records

Agents Affiliated with this Home

  • Dan Liese

    Seller's Agent in 2016

    Dan Liese

    Seaport Real Estate Services

    (401) 742-3216

    20 in this area

    71 Total Sales

    Dan Liese
    Section Image

  • B

    Buyer's Agent in 2016

    Bridget Morrissey

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1135584

State-Wide MLS

APN: WEST-000077-000404

Rhode Island Washington County Westerly 02891

10 Franklin St, Westerly, RI

This home is located at 10 Franklin St, Westerly, RI 02891 since 31 August 2016 and is currently estimated at $535,683, approximately $209 per square foot. This property was built in 1940. 10 Franklin St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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