NOT LISTED FOR SALE

118 Bay St Unit 4 Westerly, RI 02891

Estimated Value: $1,038,856 - $1,776,000

2 Beds
2 Baths
1,848 Sq Ft
$200/mo HOA Fee

Last Sold January 31, 2014

Last sale price $742,500 $402 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,003/month

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Beach Access
  • Under Construction
  • Tennis Courts

About This Home

As of January 2014

SOLD BEFORE PRINT - FOR STATISTICAL PURPOSES

Last Agent to Sell the Property

Peter Goodwin

Coastal Properties Group License #RES.0040104 Listed on: 01/31/2014

Last Buyer's Agent

Peter Goodwin

Coastal Properties Group License #RES.0040104 Listed on: 01/31/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 1938 | Under Construction

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Gas Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot R/4
  • Assessor Parcel Number 118BAYST4WEST

Community Details

Overview

  • 5 Units
  • Watch Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,107

Year Built

Built in 1938 | Under Construction

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 924.0
  • Building Name: THE INN AT WATCH HILL
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 1938
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 924.0
  • Entry Location: Second Floor Access
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1848.0
  • Stories: 2

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 118BAYST4WEST
  • Zoning: scwh

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 6107.0
  • Tax Lot: R/4
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2012
Sold by
118 Bay Street Corp
Bought by
Jhrw Partnership
Current Estimated Value
$1,380,619

Purchase Details

Listed on
Jan 30, 2012
Closed on
Jun 22, 2012
Sold by
118 Bay Street Llc
Bought by
Erol Alli O and Contrino-Erol Josphine
Seller's Agent
Richard Celico
Mott & Chace Sotheby's Intl.
Buyer's Agent
Steve Cook
Compass
List Price
$685,000
Sold Price
$660,000
Premium/Discount to List
-$25,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$1
Interest Rate
3.84%
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
Jhrw Partnership -- --
Jhrw Partnership -- --
Erol Alli O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erol Alli O $477,600
Previous Owner Erol Alli O $1
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2014 01/31/14 Sold $742,500 0.0% $402 / Sq Ft
01/31/2014 01/31/14 For Sale $742,500 +12.5% $402 / Sq Ft
06/22/2012 06/22/12 Sold $660,000 -3.6% $714 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $685,000 -- $741 / 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 $6,407 $901,100 $0 $901,100
2024 $6,755 $688,600 $0 $688,600
2023 $6,624 $688,600 $0 $688,600
2022 $6,583 $688,600 $0 $688,600
2021 $7,368 $639,600 $0 $639,600
2020 $7,234 $639,600 $0 $639,600
2019 $7,164 $639,600 $0 $639,600
2018 $7,050 $593,400 $0 $593,400
2017 $6,878 $593,400 $0 $593,400
2016 $6,931 $593,400 $0 $593,400
2015 $6,640 $613,700 $0 $613,700
2014 $6,530 $613,700 $0 $613,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Peter Goodwin

    Coastal Properties Group

  • R

    Seller's Agent in 2012

    Richard Celico

    Mott & Chace Sotheby's Intl.

    Section Image
  • Steve Cook

    Buyer's Agent in 2012

    Steve Cook

    Compass

    (401) 871-2110

    2 in this area

    89 Total Sales

    Steve Cook
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1059624

State-Wide MLS

APN: WEST-000185-000000-000024R

Rhode Island Washington County Westerly 02891

118 Bay St Unit 4, Westerly, RI

Not Listed for Sale

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