NOT LISTED FOR SALE

12 Arraquat Rd Westerly, RI 02891

Estimated Value: $6,375,000 - $7,318,000

10 Beds
7 Baths
7,000 Sq Ft
$978/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $7,750,000 $1,107 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $43,592/month

160 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • 4.71 Acre Lot
  • Marina
  • Water Access
  • Deck

About This Home

As of March 2021

Only once in a lifetime a property of this magnitude comes to the open market. Showcasing the most coveted location in all of Watch Hill, this estate is sited on a private peninsula with magnificent 360-degree water views in 4,71 acres. The coastal enclave includes a main home, built in 1902, a guest house circa 1930, a private dock, and approximately 6,000 square feet of living space. in the main house and 1000 square feet of living space in the guest house. The private retreat is a once in a generation opportunity offering unsurpassed bay views. Endless opportunities abound for the next owner of this spectacular property. Located within walking distance to the Village of Watch Hill and all that this prestigious community Watch Hill has to offer.

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 09/02/2020

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 09/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,275

Year Built

  • Built in 1902

Lot Details

  • 4.71 Acre Lot
  • Beach Front

Home Design

  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 10 Bedrooms

Unfinished Basement

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

Parking

  • 20 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 12ARRAQUATRDWEST

Community Details

Overview

  • Watch Hill Waterfront Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,275

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 4.71
  • Subdivision Name: WATCH HILL WATERFRONT
  • Above Grade Finished Sq Ft: 7000.0
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1902
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 7000.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Mooring, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 20.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 205168.0
  • Parcel #: 12ARRAQUATRDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 68275.0
  • Tax Lot: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Mar 10, 2021
Sold by
Mcbride-Curtis Anne
Bought by
12 Arraquat Assoc Llc
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$9,200,000
Sold Price
$7,750,000
Premium/Discount to List
-$1,450,000
-15.76%
Current Estimated Value
$6,847,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$902,525
Avg. Annual Appreciation
-2.60%

Purchase Details

Closed on
Dec 30, 1974
Bought by
Hardie Frances C
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
12 Arraquat Assoc Llc $2,583,333 None Available
12 Arraquat Assoc Llc $2,583,333 None Available
12 Arraquat Assoc Llc $2,583,333 None Available
Hardie Frances C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $7,750,000 -15.8% $1,107 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
09/02/2020 09/02/20 For Sale $9,200,000 -- $1,314 / 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 $90,438 $12,719,900 $10,445,900 $2,274,000
2024 $80,275 $8,183,000 $6,901,700 $1,281,300
2023 $74,401 $7,734,000 $6,901,700 $832,300
2022 $74,247 $7,766,400 $6,901,700 $864,700
2021 $68,612 $5,955,900 $5,241,500 $714,400
2020 $67,361 $5,955,900 $5,241,500 $714,400
2019 $66,706 $5,955,900 $5,241,500 $714,400
2018 $69,278 $5,831,500 $5,241,500 $590,000
2017 $67,587 $5,831,500 $5,241,500 $590,000
2016 $68,112 $5,831,500 $5,241,500 $590,000
2015 $59,633 $5,511,400 $4,862,000 $649,400
2014 $58,641 $5,511,400 $4,862,000 $649,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1263542

State-Wide MLS

APN: WEST-000172-000003