NOT LISTED FOR SALE

11 Fallon Trail Westerly, RI 02891

Estimated Value: $912,000 - $993,000

4 Beds
2.5 Baths
2,650 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $755,000 $285 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,254/month

12 Days on Market

Highlights

  • 1.38 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Colonial Architecture
  • 2 Car Attached Garage
  • Marble Fireplace

About This Home

As of August 2021

Welcome to your new home! Be the first to live in this luxury home built by Kasabian Construction. Built with extreme thoughtfulness with attention to every detail for the modern family. The home sits on a picturesque and private setting, but is also just minutes from great shopping, restaurants, and a short ride to some of the most beautiful beaches in the state.

Last Agent to Sell the Property

Melissa Riley

Westcott Properties License #RES.0033799 Listed on: 07/15/2021

Last Buyer's Agent

Michael Himmel

Mott & Chace Sotheby's Intl. License #REB.0018957

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 2021

Lot Details

  • 1.38 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Marble Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 11FALLONTRLWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,886

Year Built

Built in 2021

Lot Details

1.38 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • Above Grade Finished Sq Ft: 2650.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2650.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60113.0
  • Parcel #: 11FALLONTRLWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2886.0
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 27, 2021
Sold by
Elmwood Leasing Llc
Bought by
Cipolla Kathleen L and Cipolla Frank J
Seller's Agent
Melissa Riley
Westcott Properties
Buyer's Agent
Michael Himmel
Mott & Chace Sotheby's Intl.
List Price
$699,900
Sold Price
$755,000
Premium/Discount to List
$55,100
7.87%
Current Estimated Value
$901,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,922
Avg. Annual Appreciation
4.92%
Original Mortgage
$375,000
Outstanding Balance
$340,477
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$599,500

Purchase Details

Closed on
Jul 31, 2020
Sold by
Airway Leasing Llc
Bought by
Elmwood Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2019
Sold by
Baseline Realty Llc
Bought by
Airway Leasing Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cipolla Kathleen L $755,000 None Available
Elmwood Leasing Llc $350,000 None Available
Airway Leasing Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cipolla Kathleen L $375,000
Previous Owner Elmwood Leasing Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $755,000 +7.9% $285 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $699,900 -- $264 / Sq Ft
Source: State-Wide MLS

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
2025 $6,112 $859,700 $258,100 $601,600
2024 $6,202 $632,200 $184,500 $447,700
2023 $6,082 $632,200 $184,500 $447,700
2022 $6,033 $631,100 $184,500 $446,600
2021 $1,950 $169,300 $139,300 $30,000
2020 $1,418 $125,400 $125,400 $0
2019 $1,404 $125,400 $125,400 $0
2018 $1,490 $125,400 $125,400 $0
2017 $1,473 $127,100 $127,100 $0
2016 $1,485 $127,100 $127,100 $0
2015 $1,465 $135,400 $135,400 $0
2014 $1,441 $135,400 $135,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Riley

    Seller's Agent in 2021

    Melissa Riley

    Westcott Properties

    (401) 721-4000

    4 in this area

    122 Total Sales

    Melissa Riley
    Section Image
  • Michael Himmel

    Buyer's Agent in 2021

    Michael Himmel

    Mott & Chace Sotheby's Intl.

    (401) 391-9234

    7 in this area

    51 Total Sales

    Michael Himmel
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1288432

State-Wide MLS

APN: WEST-000084-000004

Rhode Island Washington County Westerly 02891

11 Fallon Trail, Westerly, RI

Not Listed for Sale

Detached

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