NOT LISTED FOR SALE

115 Canal St Westerly, RI 02891

Estimated Value: $436,000 - $545,526

3 Beds
1 Bath
1,200 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2024

Last sale price $400,000 $333 Per Sq Ft

About This Home

OPEN HOUSE cancelled! Investors, builders, and homeowners take notice! Welcome to 115 Canal St! There are 19 small subdivided parcels of land being sold with the house, each of the 20 parcels range between .14- .17 acres- equalling a total of approximately 2.65 acres that are being sold as one package. Plenty of space with endless possibilities on how to use this large piece of land. The home was built in 1939, and is a 2 bedroom 1 bathroom house, with a full basement, and walk up attic with tons of storage space. There are wood floors in most of the house, as well as some arched doorways/built in shelves around the home giving it lots of character. A large sunroom addition was added in 1986 with skylights, and large windows showing beautiful views overlooking the yard. This property needs TLC but is very unique and has so much potential- it would be a lovely home for someone who is looking to update it and live here- or it is also a great investment opportunity if you may be looking to build something else entirely! This is an amazing location- less than a mile from downtown Westerly, and 15 minutes from RI beaches! Come and take a walk through and see it for yourself! Buyers are to do their own due diligence about combining into one parcel and potential building opportunities- please see attached verification of use.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 1, 2024
Sold by
Bought by
Seller's Agent
Molly Malek
Malek Real Estate, Inc.
Buyer's Agent
Liz Andersen Warner
RE/MAX South County
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$300,000
Interest Rate
0.0695%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 26, 2024
Sold by
Bought by
Seller's Agent
Molly Malek
Malek Real Estate, Inc.
Buyer's Agent
Liz Andersen Warner
RE/MAX South County
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
2

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
0.0695%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 1985
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$400,000 None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $400,000 +6.7% $175 / Sq Ft View Prior Sale
06/24/2024 06/24/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $375,000 -- $164 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,123 $272,900 $144,700 $128,200
2024 $2,259 $216,200 $103,400 $112,800
2023 $2,197 $216,200 $103,400 $112,800
2022 $2,184 $216,200 $103,400 $112,800
2021 $2,132 $176,800 $89,900 $86,900
2020 $2,095 $176,800 $89,900 $86,900
2019 $2,076 $176,800 $89,900 $86,900
2018 $1,589 $128,700 $52,100 $76,600
2017 $1,544 $128,700 $52,100 $76,600
2016 $1,544 $128,700 $52,100 $76,600
2015 $1,522 $135,500 $62,800 $72,700
2014 $1,138 $135,500 $62,800 $72,700
Source: Public Records

Agents Affiliated with this Home

  • Molly Malek

    Seller's Agent in 2024

    Molly Malek

    Malek Real Estate, Inc.

    (860) 204-6291

    48 Total Sales

    Molly Malek
    Section Image
  • Liz Andersen Warner

    Buyer's Agent in 2024

    Liz Andersen Warner

    RE/MAX South County

    (401) 714-6359

    76 Total Sales

    Liz Andersen Warner
    Section Image
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Map

Rhode Island Washington County Westerly 02891

115 Canal St, Westerly, RI

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