NOT LISTED FOR SALE

10 Pawcatuck Ave Westerly, RI 02891

Estimated Value: $4,696,000 - $5,782,000

6 Beds
5 Baths
2,850 Sq Ft
$1,813/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $4,850,000 $1,702 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $29,187/month

97 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • In Ground Pool
  • 2 Fireplaces

About This Home

As of March 2024

Nestled on a quiet, lovely street within a short walking distance to the village of Watch Hill is this wonderful cottage brimming with 6 bedrooms, a large outdoor pool and fenced terrace for hosting private dinners and parties as well as plenty of interior spaces for enjoying movies or game nights! There is a large screened in porch with space for dining or sitting and watching the pool activities beyond. The house is beautifully appointed and is being sold fully furnished and featuring Serena and Lily chairs, a Pottery Barn rattan sectional, Rifle wallpaper in the powder room and dining room and a beautifully appointed kitchen with a six burner Thermador range, shaker cabinets and a sitting room and dining area adjoining the kitchen. A newly shingled and updated pool house has a sitting area, a half bath and an outdoor shower. This a great house not only for the Summer but as a weekend house that is fully heated and air conditioned as well as featuring a cozy fireplace for enjoying during those chilly evenings. Enjoy the view of the bay across the street and enjoy the ability to walk to the Ocean House, the beach and to dining and shopping! With a new roof, new shingled siding, this property is in great shape and ready for enjoyment! So just pack your bags and move in!

Last Agent to Sell the Property

Donna Simmons

Mott & Chace Sotheby's Intl. License #RES.0040274 Listed on: 10/19/2023

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Donna Simmons

Mott & Chace Sotheby's Intl. License #RES.0040274 Listed on: 10/19/2023

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,891

Year Built

  • Built in 1900

Lot Details

  • 0.31

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • In Ground Pool
  • Outbuilding

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • 0.31 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 10PAWCATUCKAVWEST

Community Details

Overview

  • Watch Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,891

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Subdivision Name: Watch Hill
  • Above Grade Finished Sq Ft: 2850.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 2850.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • View: Water
  • View: Yes
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.0
  • Parcel #: 10PAWCATUCKAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 21891.0
  • Tax Lot: 10
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Nov 14, 2022
Sold by
Pawcatuck Llc
Bought by
Brown Michael and Al-Sarraf Renee
Seller's Agent
Olga Goff
Olga B. Goff Real Estate
Buyer's Agent
Donna Simmons
Mott & Chace Sotheby's Intl.
List Price
$4,395,000
Sold Price
$3,972,500
Premium/Discount to List
-$422,500
-9.61%
Views
80
Current Estimated Value
$5,165,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,193,319
Avg. Annual Appreciation
3.56%
Original Mortgage
$2,383,500
Outstanding Balance
$2,289,633
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,101,871

Purchase Details

Closed on
Aug 1, 2014
Sold by
Penick Eileen C
Bought by
Pawcatuck Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Penick-Pierce Dabney
Bought by
Penick Eileen C

Purchase Details

Closed on
Oct 12, 2007
Sold by
Penick Dorset
Bought by
Penick Eileen C
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Brown Michael $3,972,500 None Available
Pawcatuck Llc -- --
Penick Eileen C $633,323 --
Penick Eileen C $633,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michael $2,383,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $4,850,000 -2.9% $1,702 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
10/19/2023 10/19/23 For Sale $4,995,000 +25.7% $1,753 / Sq Ft
11/14/2022 11/14/22 Sold $3,972,500 -9.6% $1,394 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $4,395,000 -- $1,542 / 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 $22,879 $2,332,200 $1,665,800 $666,400
2023 $21,891 $2,275,600 $1,665,800 $609,800
2022 $17,182 $1,797,300 $1,332,700 $464,600
2021 $17,624 $1,529,900 $1,159,000 $370,900
2020 $17,303 $1,529,900 $1,159,000 $370,900
2019 $17,135 $1,529,900 $1,159,000 $370,900
2018 $17,352 $1,460,600 $1,159,000 $301,600
2017 $16,928 $1,460,600 $1,159,000 $301,600
2016 $17,060 $1,460,600 $1,159,000 $301,600
2015 $15,180 $1,403,000 $1,074,500 $328,500
2014 $14,928 $1,403,000 $1,074,500 $328,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1345927

State-Wide MLS

APN: WEST-000179-000010