$3,100,000
SOLD NOV 4, 2016

11 Westerly Rd Westerly, RI 02891

6 Beds
5 Baths
3,700 Sq Ft
0.67 Acres

Recently Sold

$838 Per Sq Ft

22% Below List Price

58 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • 2 Fireplaces
  • Cottage

About This Home

As of August 2020

INGLECOTE, Watch Hill's oldest farmhouse filled with charm and history. Lovingly cared for and restored over several decade, includes small outbuilding, garage, workshop and recently air conditioned. Matured landscaping; easy walk to East Beach.

Last Agent to Sell the Property

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 08/07/2016

Last Buyer's Agent

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 08/07/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,928

Year Built

  • Built in 1733

Lot Details

  • 0.67 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 11WESTERLYRDWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Watch Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,928

Year Built

Built in 1733

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6685
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1733
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3700.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29120.0
  • Parcel #: 11WESTERLYRDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17928.0
  • Tax Lot: 76
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2016
Closed on
Nov 4, 2016
Sold by
Odonnell Sheila R
Bought by
Clark Michael W and Ferguson Colleen M
Seller's Agent
Olga Goff
Olga B. Goff Real Estate
Buyer's Agent
Olga Goff
Olga B. Goff Real Estate
List Price
$3,995,000
Sold Price
$3,100,000
Premium/Discount to List
-$895,000
-22.4%
Current Estimated Value
$5,707,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,607,000
Avg. Annual Appreciation
7.33%
Original Mortgage
$2,000,000
Outstanding Balance
$1,597,381
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,109,619

Purchase Details

Closed on
Oct 4, 1975
Bought by
Odonnell Sheila R
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 $3,100,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $999,000 Adjustable Rate Mortgage/ARM
Open $2,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $3,250,000 -9.5% $738 / Sq Ft
08/28/2020 08/28/20 For Sale $3,590,000 +15.8% $816 / Sq Ft
11/04/2016 11/04/16 Sold $3,100,000 -22.4% $838 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/07/2016 08/07/16 For Sale $3,995,000 -- $1,080 / 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 $36,758 $3,747,000 $1,999,400 $1,747,600
2023 $23,214 $2,413,100 $1,532,900 $880,200
2022 $14,690 $1,536,600 $1,532,900 $3,700
2021 $26,726 $2,320,000 $1,332,600 $987,400
2020 $26,239 $2,320,000 $1,332,600 $987,400
2019 $25,984 $2,320,000 $1,332,600 $987,400
2018 $23,042 $1,939,600 $1,332,600 $607,000
2017 $19,957 $1,721,900 $1,332,600 $389,300
2016 $20,112 $1,721,900 $1,332,600 $389,300
2015 $17,928 $1,656,900 $1,234,200 $422,700
2014 $17,629 $1,656,900 $1,234,200 $422,700
Source: Public Records

Agents Affiliated with this Home

  • Donna Simmons

    Seller's Agent in 2020

    Donna Simmons

    Mott & Chace Sotheby's Intl.

    (401) 439-0268

    43 in this area

    46 Total Sales

    Donna Simmons
    Section Image

  • O

    Seller's Agent in 2016

    Olga Goff

    Olga B. Goff Real Estate

    (401) 212-7402

    16 in this area

    19 Total Sales

    Olga Goff
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1133590

State-Wide MLS

APN: WEST-000179-000076

Rhode Island Washington County Westerly 02891

11 Westerly Rd, Westerly, RI

This home is located at 11 Westerly Rd, Westerly, RI 02891 and is currently priced at $3,100,000, approximately $837 per square foot. This property was built in 1733. 11 Westerly Rd is a home located in Washington County with nearby schools including Westerly High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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