NOT LISTED FOR SALE

118 Atlantic Ave Westerly, RI 02891

Estimated Value: $862,000 - $2,217,000

3 Beds
1 Bath
742 Sq Ft
$2,239/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $430,000 $580 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $9,975/month

780 Days on Market

Highlights

  • Cottage
  • No Heating
  • 1-Story Property
  • Wood Siding

About This Home

As of April 2015

Priced to sell. Ready for expansion. Summer rental history. Look over the Fire District Beach to see the Ocean. Direct Beach access. Have Elevation Certificate and Flood Insurance quote.

Last Agent to Sell the Property

Len Kaminski

KEY Real Estate Services License #RES.0032010 Listed on: 01/26/2013

Last Buyer's Agent

Len Kaminski

KEY Real Estate Services License #RES.0032010 Listed on: 01/26/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,519

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 742 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cesspool

Community Details

  • Misquamicut Subdivision

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 118ATLANTICAVWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,519

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: MISQUAMICUT
  • Above Grade Finished Sq Ft: 742.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Living Area: 742.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 118ATLANTICAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5519.0
  • Tax Lot: 96
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Franceski Thomas and Franceski Patience
Bought by
Patience Franceski Ret
Total Days on Market
780
Current Estimated Value
$1,661,667

Purchase Details

Listed on
Jan 26, 2013
Closed on
Apr 17, 2015
Sold by
Germaine L Taverna Ret
Bought by
Franceski Thomas and Franceski Patience
Seller's Agent
Len Kaminski
KEY Real Estate Services
Buyer's Agent
Len Kaminski
KEY Real Estate Services
List Price
$695,000
Sold Price
$430,000
Premium/Discount to List
-$265,000
-38.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%
Original Mortgage
$322,500
Interest Rate
3.01%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Patience Franceski Ret -- None Available
Franceski Thomas $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franceski Thomas M $350,000
Previous Owner Franceski Thomas $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $430,000 -38.1% $580 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/26/2013 01/26/13 For Sale $695,000 -- $937 / 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 $13,870 $1,413,900 $869,900 $544,000
2023 $13,602 $1,413,900 $869,900 $544,000
2022 $13,517 $1,413,900 $869,900 $544,000
2021 $12,315 $1,069,000 $630,500 $438,500
2020 $12,090 $1,069,000 $630,500 $438,500
2019 $4,939 $441,000 $439,700 $1,300
2018 $5,413 $455,600 $399,800 $55,800
2017 $5,280 $455,600 $399,800 $55,800
2016 $5,321 $455,600 $399,800 $55,800
2015 $5,118 $473,000 $407,900 $65,100
2014 $5,475 $514,600 $442,800 $71,800
Source: Public Records

Agents Affiliated with this Home

  • Len Kaminski

    Seller's Agent in 2015

    Len Kaminski

    KEY Real Estate Services

    (401) 741-4160

    4 in this area

    14 Total Sales

    Len Kaminski
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Map

Source: State-Wide MLS

MLS Number: 1032829

State-Wide MLS

APN: WEST-000165-000096

Rhode Island Washington County Westerly 02891

118 Atlantic Ave, Westerly, RI

This home is located at 118 Atlantic Ave, Westerly, RI 02891 since 26 January 2013 and is currently estimated at $1,661,667, approximately $2,239 per square foot. This property was built in 1960. 118 Atlantic Ave is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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