NOT LISTED FOR SALE

112 High St Westerly, RI 02891

Estimated Value: $526,831 - $646,000

8 Beds
3 Baths
4,764 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $380,000 $80 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,410/month

57 Days on Market

Highlights

  • Tennis Courts
  • Laundry Room
  • Shops
  • Bathtub with Shower
  • Public Transportation
  • Property near a hospital

About This Home

As of July 2021

GREAT INVESTMENT PROPERTY! Beautifully located 3-Family home within walking distance to downtown Westerly, park, shopping, convenience stores, YMCA, etc. 1st and 2nd floor units consist of 3 bedrooms and 1 full bath. 3rd floor unit consists of 2 bedrooms and 1 full bath. Balcony off 2nd floor stairway. Large parking lot in back with small fenced in yard. 2 Parking spaces available for each unit. Large basement with washer/dryer hookups for each unit. Newly updated separate heating/water elements and breaker panels for each unit. Several up to code smoke/carbon monoxide detectors throughout. Roof is less than 10 years old. You will NOT have to worry about those expensive mechanical costs with this home! All units are occupied. Tenants remain.

Last Agent to Sell the Property

Romina Moran

Media Realty LLC License #RES.0044550 Listed on: 04/05/2021

Last Buyer's Agent

Michael Lamb

Keller Williams Coastal License #RES.0043757

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,764 Sq Ft Home
  • 3-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 055
  • Assessor Parcel Number 112HIGHSTWEST

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,957

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Above Grade Finished Sq Ft: 4764.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 112HIGHSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2957.0
  • Tax Lot: 055
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Ruzzo Rentals Llc
Bought by
Ruzzo Rentals Llc
Current Estimated Value
$586,708

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 29, 2021
Sold by
Gencarelli Giovanni and Gencarelli Giorgina
Bought by
Ruzzo Rentals Llc
Seller's Agent
Romina Moran
Media Realty LLC
Buyer's Agent
Michael Lamb
Keller Williams Coastal
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Feb 15, 2012
Sold by
Gencarelli Giovanni and Gencarelli Salvatore J
Bought by
Gencarelli Giorgina and Gencarelli Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1998
Sold by
Bridges Theresa
Bought by
Gencarelli Salvatore J
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 Buyer Sale Price Title Company
Ruzzo Rentals Llc -- None Available
Ruzzo Rentals Llc $380,000 None Available
Gencarelli Giorgina -- --
Gencarelli Salvatore J $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gencarelli Salvatore J $129,000
Previous Owner Gencarelli Salvatore J $150,000
Previous Owner Gencarelli Salvatore J $128,500
Previous Owner Gencarelli Salvatore J $18,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $380,000 -7.3% $80 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $410,000 -- $86 / 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 $3,749 $358,800 $104,900 $253,900
2023 $3,645 $358,800 $104,900 $253,900
2022 $3,624 $358,800 $104,900 $253,900
2021 $3,009 $249,500 $91,300 $158,200
2020 $2,957 $249,500 $91,300 $158,200
2019 $2,929 $249,500 $91,300 $158,200
2018 $2,861 $231,700 $91,300 $140,400
2017 $2,780 $231,700 $91,300 $140,400
2016 $2,780 $231,700 $91,300 $140,400
2015 $2,666 $237,400 $93,100 $144,300
2014 $2,623 $237,400 $93,100 $144,300
Source: Public Records

Agents Affiliated with this Home

  • Romina Moran

    Seller's Agent in 2021

    Romina Moran

    Media Realty LLC

    (401) 207-9971

    1 in this area

    2 Total Sales

    Romina Moran
    Section Image
  • Michael Lamb

    Buyer's Agent in 2021

    Michael Lamb

    Keller Williams Coastal

    (401) 644-8349

    37 in this area

    62 Total Sales

    Michael Lamb
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1279261

State-Wide MLS

APN: WEST-000057-000055

Rhode Island Washington County Westerly 02891

112 High St, Westerly, RI

This home is located at 112 High St, Westerly, RI 02891 since 05 April 2021 and is currently estimated at $586,708, approximately $123 per square foot. This property was built in 1900. 112 High St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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