NOT LISTED FOR SALE

116 Tower St Westerly, RI 02891

Estimated Value: $462,604 - $538,000

4 Beds
1.5 Baths
2,076 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $350,000 $169 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,100/month

8 Days on Market

Highlights

  • Marina
  • Above Ground Pool
  • Wooded Lot
  • Golf Course Community
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of August 2021

Come enjoy this Home! Cape Cod style with over 1800 square feet of living space. 4 bedrooms 1 1/2 baths. (17'x13') Living Room. Bedrooms on first and second levels all good sized. rec room area in lower level. Roughed in extra full bath with little left to do. Boiler 7 years young. Roof 4 years young. NEW ROTH oil tank!! 2 car detached garage. Over 1/2 acre of land. Terrific fenced in yard with awesome above ground Pool and gazebo provides plenty of Summer fun! Town sewer and town water. Located within walking distance to downtown. 10 minute drive to RI's renowned Beaches.

Last Agent to Sell the Property

Elaine Readey

RE/MAX South County License #RES.0023856 Listed on: 07/23/2021

RE/MAX South County

Last Buyer's Agent

Ben Faubert

Onshore Realtors License #REC.0017150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1954

Lot Details

  • 0.64 Acre Lot
  • Wooded Lot
  • Property is zoned R6

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Game Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Above Ground Pool
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 116TOWERSTWEST

Community Details

Overview

  • Tower St/ Close To Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Subdivision Name: Tower St/ close to Downtown
  • Above Grade Finished Sq Ft: 1826.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 250.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Living Area: 2076.0
  • Dining Room Type: Game Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Above Ground
  • Construction Type: Brick, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27878.0
  • Parcel #: 116TOWERSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2924.0
  • Tax Lot: 37
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 30, 2021
Sold by
Connell Steven J and Connell Jessalyn B
Bought by
Hindle Mac C and Hindle Shannon A
Seller's Agent
Elaine Readey
RE/MAX South County
Buyer's Agent
Ben Faubert
Onshore Realtors
List Price
$350,000
Sold Price
$350,000
Total Days on Market
8
Current Estimated Value
$502,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,151
Avg. Annual Appreciation
8.53%
Original Mortgage
$358,050
Outstanding Balance
$330,309
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$146,175

Purchase Details

Closed on
Aug 19, 2019
Sold by
Sullivan Robert J and Sullivan Elaine M
Bought by
Connell Steven J and Connell Jessalyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2000
Sold by
Est Fusaro Samuel J and Fusaro Roslyn M
Bought by
Sullivan Robert J and Sullivan Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
8.24%
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
Hindle Mac C $350,000 None Available
Connell Steven J $260,000 --
Sullivan Robert J $90,000 --
Sullivan Robert J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hindle Mac C $358,050
Previous Owner Connell Steven J $255,290
Previous Owner Sullivan Robert J $152,619
Previous Owner Sullivan Robert J $123,000
Previous Owner Sullivan Robert J $131,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $350,000 0.0% $169 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $350,000 -- $169 / 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 $3,509 $335,800 $108,700 $227,100
2023 $3,412 $335,800 $108,700 $227,100
2022 $3,392 $335,800 $108,700 $227,100
2021 $3,062 $253,900 $95,300 $158,600
2020 $3,009 $253,900 $95,300 $158,600
2019 $2,981 $253,900 $95,300 $158,600
2018 $2,787 $225,700 $95,300 $130,400
2017 $2,708 $225,700 $95,300 $130,400
2016 $2,708 $225,700 $95,300 $130,400
2015 $2,572 $229,000 $97,100 $131,900
2014 $2,530 $229,000 $97,100 $131,900
Source: Public Records

Agents Affiliated with this Home

  • Elaine Readey

    Seller's Agent in 2021

    Elaine Readey

    RE/MAX South County

    (401) 996-0216

    4 in this area

    48 Total Sales

    Elaine Readey
    Section Image
  • Ben Faubert

    Buyer's Agent in 2021

    Ben Faubert

    Onshore Realtors

    (401) 315-2588

    109 in this area

    118 Total Sales

    Ben Faubert
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1288698

State-Wide MLS

APN: WEST-000058-000037

Rhode Island Washington County Westerly 02891

116 Tower St, Westerly, RI

This home is located at 116 Tower St, Westerly, RI 02891 since 23 July 2021 and is currently estimated at $502,151, approximately $241 per square foot. This property was built in 1954. 116 Tower St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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