NOT LISTED FOR SALE

11 Terrace Ave Westerly, RI 02891

Estimated Value: $800,942 - $1,131,000

3 Beds
2 Baths
1,071 Sq Ft
$842/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $660,000 $616 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,190/month

26 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Tennis Courts

About This Home

As of February 2022

Quintessential beach cottage steps away from the Winnapaug Pond and the ocean via the Weekapaug Breech way. *** A chef's kitchen with a Bertazzoni gas fired stove. Colorful pendant lighting outlines the Corian counter tops. Bumped out sunny dining area. *** Master bedroom has its own walk in custom tiled shower and custom built-ins. 2 additional bedrooms for overflow with a full bath. Smart storage spaces*** Living room has a gas fired fieldstone fireplace, classic loft. *** Outdoor shower for after beach and pond activities. *** This house was completely taken down to the studs in 2016, reinforced and spray foam insulation added and Central air. Property includes a RIGHT OF WAY to a sandy beach. Start planning for summer!!

Last Agent to Sell the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 02/01/2022

RE/MAX South County

Last Buyer's Agent

Beth DeSista

Residential Properties Ltd. License #RES.0045307

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 1948

Lot Details

  • 3,484 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Water Heater
  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 11TERRACEAVWEST

Community Details

Recreation

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

Additional Features

  • Cove Road, Winnapaug Pond Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,453

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Subdivision Name: Cove Road, Winnapaug Pond
  • Above Grade Finished Sq Ft: 1071.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Cable TV
  • Living Area: 1071.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Utilities: Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.0
  • Parcel #: 11TERRACEAVWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3453.0
  • Tax Lot: 107
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Shannon Liam and Shannon Michele
Bought by
Shannon Ft and Shannon
Current Estimated Value
$902,236

Purchase Details

Listed on
Feb 1, 2022
Closed on
Feb 28, 2022
Sold by
Jean Marie Montesano T and Jean Montesano
Bought by
Shannon Liam and Shannon Michele C
Seller's Agent
Lynn Azzinaro
RE/MAX South County
Buyer's Agent
Beth DeSista
Residential Properties Ltd.
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$528,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2011
Sold by
Odell William J and Odell Mary Cathy
Bought by
Montesano Joseph M and Montesano Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Shannon Ft -- None Available
Shannon Liam $660,000 None Available
Montesano Joseph M $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shannon Liam $528,000
Previous Owner Montesano Joseph M $226,000
Previous Owner Montesano Joseph M $233,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $660,000 -2.2% $616 / Sq Ft
02/01/2022 02/01/22 For Sale $675,000 -- $630 / 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 $5,094 $519,300 $276,900 $242,400
2023 $4,996 $519,300 $276,900 $242,400
2022 $4,773 $499,300 $276,900 $222,400
2021 $3,453 $299,700 $170,600 $129,100
2020 $3,390 $299,700 $170,600 $129,100
2019 $3,357 $299,700 $170,600 $129,100
2018 $3,284 $276,400 $170,600 $105,800
2017 $3,203 $276,400 $170,600 $105,800
2016 $3,228 $276,400 $170,600 $105,800
2015 $3,122 $288,500 $174,100 $114,400
2014 $2,976 $279,700 $174,100 $105,600
Source: Public Records

Agents Affiliated with this Home

  • Lynn Azzinaro

    Seller's Agent in 2022

    Lynn Azzinaro

    RE/MAX South County

    (401) 742-4584

    44 in this area

    73 Total Sales

    Lynn Azzinaro
    Section Image
  • Beth DeSista

    Buyer's Agent in 2022

    Beth DeSista

    Residential Properties Ltd.

    (401) 486-8397

    2 in this area

    86 Total Sales

    Beth DeSista
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1302208

State-Wide MLS

APN: WEST-000142-000107

Rhode Island Washington County Westerly 02891

11 Terrace Ave, Westerly, RI

This home is located at 11 Terrace Ave, Westerly, RI 02891 since 01 February 2022 and is currently estimated at $902,236, approximately $842 per square foot. This property was built in 1948. 11 Terrace Ave is a home located in Washington County with nearby schools including Westerly High School.

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