NOT LISTED FOR SALE

12 Knowles Ave Westerly, RI 02891

Estimated Value: $4,384,000 - $4,766,000

4 Beds
5.5 Baths
2,665 Sq Ft
$1,702/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $4,050,000 $1,520 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $26,247/month

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • 3-minute walk to Dunes Park

About This Home

As of August 2024

Incredible offering in the prestigious community of Weekapaug. The home features four bedrooms and with two guest suites. Coastal elegance abounds with a seaside flair which will immediately captivate you. The open concept on the first level presents the perfect entertaining space for family and friends which are sure to be prevalent when living in this seaside enclave. The first floor also offer three bedrooms and two full baths, along with open design of kitchen, family room and dining along with French sliders to a beautiful patio for outside dining. The second floor encompasses a spectacular primary suite, with a stunning marble bath and yet another family room with two guest suites which share a full bath. The lower level has a great shower to clean off at a long day at the beach. The exterior of the property is nestled in privacy and is a perfect respite for after the beach and family fun. Weekapaug is one of the most prestigious communities in Rhode Island with a yacht club for sailing and boating 8 tennis courts (clay and grass) croquet beautiful beaches .and most importantly a warm sense of family. This ideal location is a short walk to Fenway Beach and bikes rides to everything that is wonderful in Weekapaug

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 07/10/2024

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 07/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,800

Year Built

  • Built in 1996

Lot Details

  • 0.42 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,665 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 12KNOWLESAVWEST

Community Details

Overview

  • Weekapaug Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,800

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.4218
  • Subdivision Name: WEEKAPAUG
  • Above Grade Finished Sq Ft: 2665.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Living Area: 2665.0
  • Dining Room Type: Bathroom, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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: 18375.0
  • Parcel #: 12KNOWLESAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 28800.0
  • Tax Lot: 11
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 23, 2024
Sold by
Silver Scott J and Silver Laura L
Bought by
Markey Thomas
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$3,950,000
Sold Price
$4,050,000
Premium/Discount to List
$100,000
2.53%
Views
2
Current Estimated Value
$4,536,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,494
Avg. Annual Appreciation
8.70%
Original Mortgage
$3,000,000
Outstanding Balance
$2,956,519
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,579,975

Purchase Details

Closed on
May 24, 2005
Sold by
Cooke Dudley Est
Bought by
Silver Scott and Silver Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,140,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1995
Sold by
Est Langworthy Marion
Bought by
Cooke Dudley P and Cooke Deborah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Markey Thomas $4,050,000 None Available
Silver Scott $2,675,000 --
Cooke Dudley P $69,500 --
Cooke Dudley P $208,500 --
Silver Scott $2,675,000 --
Cooke Dudley P $208,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markey Thomas $3,000,000
Previous Owner Cooke Dudley P $200,000
Previous Owner Cooke Dudley P $2,140,000
Previous Owner Cooke Dudley P $267,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $4,050,000 +2.5% $1,520 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $3,950,000 -- $1,482 / 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 $29,738 $4,182,600 $3,474,800 $707,800
2024 $28,962 $2,952,300 $2,354,600 $597,700
2023 $28,401 $2,952,300 $2,354,600 $597,700
2022 $28,224 $2,952,300 $2,354,600 $597,700
2021 $28,070 $2,436,600 $1,944,400 $492,200
2020 $27,558 $2,436,600 $1,944,400 $492,200
2019 $27,290 $2,436,600 $1,944,400 $492,200
2018 $23,425 $1,971,800 $1,535,000 $436,800
2017 $22,853 $1,971,800 $1,535,000 $436,800
2016 $23,031 $1,971,800 $1,535,000 $436,800
2015 $25,322 $2,340,300 $1,880,600 $459,700
2014 $24,901 $2,340,300 $1,880,600 $459,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1363419

State-Wide MLS

APN: WEST-000157-000011