NOT LISTED FOR SALE

115 Tower St Westerly, RI 02891

Estimated Value: $463,000 - $556,000

5 Beds
2.5 Baths
2,428 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $224,500 $92 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,968/month

93 Days on Market

About This Home

As of October 2014

Spacious Duplex in Great Location! Fantastic Investment Opportunity/Owner Occupant. Wood Flooring, Fenced Yard.

Last Agent to Sell the Property

Vincent Engingro

Weichert, REALTORS- Suburban License #REB.0016547 Listed on: 06/26/2014

Last Buyer's Agent

Alan Yick

KEY Real Estate Services License #REB.0018318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1881

Lot Details

  • 9,920 Sq Ft Lot

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units
  • Westerly Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115TOWERSTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,661

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2277
  • Subdivision Name: WESTERLY
  • Above Grade Finished Sq Ft: 2428.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1881
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Interior Steps
  • Living Area: 2428.0
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9920.0
  • Parcel #: 115TOWERSTWEST

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2661.0
  • Tax Lot: 00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Oct 30, 2014
Sold by
Wells Fargo Bank Na Tr and Hsbc Bank Usa Na
Bought by
Ledesma Jose
Seller's Agent
Vincent Engingro
Weichert, REALTORS- Suburban
Buyer's Agent
Alan Yick
KEY Real Estate Services
List Price
$229,900
Sold Price
$224,500
Premium/Discount to List
-$5,400
-2.35%
Current Estimated Value
$509,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,816
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Madeira Mayra and Hsbc Bank Usa Na Tr
Bought by
Hsbc Bank Usa Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ledesma Jose $224,500 --
Ledesma Jose $224,500 --
Hsbc Bank Usa Na $190,931 --
Hsbc Bank Usa Na $190,931 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ledesma Jose $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2014 10/29/14 Sold $224,500 -2.3% $92 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $229,900 -- $95 / 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
2025 $3,342 $429,500 $145,200 $284,300
2024 $3,055 $292,300 $104,000 $188,300
2023 $2,970 $292,300 $104,000 $188,300
2022 $2,952 $292,300 $104,000 $188,300
2021 $3,095 $256,600 $90,600 $166,000
2020 $3,041 $256,600 $90,600 $166,000
2019 $3,012 $256,600 $90,600 $166,000
2018 $2,941 $238,100 $90,600 $147,500
2017 $2,857 $238,100 $90,600 $147,500
2016 $2,857 $238,100 $90,600 $147,500
2015 $2,741 $244,100 $92,400 $151,700
2014 $2,697 $244,100 $92,400 $151,700
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vincent Engingro

    Weichert, REALTORS- Suburban

  • Alan Yick

    Buyer's Agent in 2014

    Alan Yick

    KEY Real Estate Services

    (401) 302-1432

    5 Total Sales

    Alan Yick
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1072081

State-Wide MLS

APN: WEST-000058-000048

Rhode Island Washington County Westerly 02891

115 Tower St, Westerly, RI

Not Listed for Sale

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