$3,972,500
SOLD NOV 14, 2022

10 Pawcatuck Ave Westerly, RI 02891

6 Beds
4.5 Baths
2,850 Sq Ft
0.31 Acres

Recently Sold

$1,394 Per Sq Ft

10% Below List Price

27 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Cooling Available
  • Wood Flooring
  • Cottage
  • Baseboard Heating

About This Home

As of March 2024

A unique opportunity to purchase this 1900 shingle style Watch Hill cottage on Pawcatuck Avenue. A quiet dead end street just a minute away from the Village of Watch Hill, harbor, beaches and shops. Sit and enjoy the peace and quiet overlooking the pool and pool house from the wrap around screen porch. Don't miss your chance to make this 6 bedroom, 4 bath cottage a perfect gem for generation to enjoy.

Last Agent to Sell the Property

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 09/05/2022

Last Buyer's Agent

Donna Simmons

Mott & Chace Sotheby's Intl. License #RES.0040274

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,182

Year Built

  • Built in 1897

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • In Ground Pool
  • 0.31 Acre Lot

Community Details

  • Watch Hill Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 10PAWCATUCKAVWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,182

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3099
  • 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
  • Building Stories: 3
  • Year Built: 1897
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2850.0
  • Stories: 3
  • ResoLivingAreaSource: Other

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Shingle Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13500.0
  • Parcel #: 10PAWCATUCKAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17182.0
  • Tax Lot: 10
  • Tax Year: 2022

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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Average Value
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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 Type Sale Price Title Company
Warranty Deed $3,972,500 None Available
Quit Claim Deed -- --
Deed $633,323 --
Deed $633,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,383,500 Purchase Money Mortgage
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: 1319307

State-Wide MLS

APN: WEST-000179-000010