$1,550,000
SOLD OCT 23, 2024

12 Meadow Ridge Rd Westerly, RI 02891

5 Beds
5.5 Baths
5,337 Sq Ft
0.57 Acres

Recently Sold

$290 Per Sq Ft

3% Above List Price

32 Days on Market

Highlights

  • Marina
  • Water Access
  • Contemporary Architecture
  • Golf Course Community
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of October 2024

"Welcome to this fabulous coastal retreat! Stunning 5-bedroom, 5 1/2-bath home offers about 5400 sqft of luxurious living space, nestled on a beautifully landscaped lot, just moments from the beach. Every room in this home exudes spaciousness and comfortable elegance. The first floor boasts a state-of-the-art kitchen featuring granite counters, stainless steel appliances, and custom cabinets, complete with a breakfast bar area and an inviting eat-in table space. Additionally, you'll find a gracious dining room, a living room with soaring catherdral ceilings and a cozy gas fireplace, a sunroom, and a magnificent primary suite. Step outside to discover the perfect outdoor retreat, complete with a patio and a breathtaking saltwater pool an ideal setting for gathering, grilling, and creating unforgettable good times with family and friends. Upstairs, two en suite bedrooms, another bedroom, and a full bathroom with a convenient laundry area await. The walkout lower level offers a massive family room, a convenient kitchenette, a full bath, a bedroom, and two storage areas. With an oversized 2-car garage, this home has it all. Close to town, boating, golf, tennis/pickleball, and tasty eateries. Only 1.6 miles to the ocean. 3 hour drive to NYC and 2 hour drive to Boston. Don't miss the opportunity to make this coastal paradise your place memories are made!" Sea you by the Pool!

Last Agent to Sell the Property

Patrice Fenton

Compass License #RES.0015613 Listed on: 08/05/2024

Compass

Last Buyer's Agent

Ben Faubert

Onshore Realtors License #REC.0017150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,244

Year Built

  • Built in 2004

Lot Details

  • 0.57 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Steam
  • 200+ Amp Service
  • Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 12MEADOWRIDGERDWEST

Community Details

Overview

  • Near Weekapaug Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,244

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Subdivision Name: Near Weekapaug
  • Above Grade Finished Sq Ft: 3929.0
  • Architectural Style: Cabin, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Accessibility Features: Accessible Full Bath
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1408.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Stall Shower, Tub Shower, Storage, Cable TV
  • Living Area: 5337.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bedroom, Storage Room, Sunroom, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Pool Features: In Ground, Salt Water
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Water, Propane, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24830.0
  • Parcel #: 12MEADOWRIDGERDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9244.0
  • Tax Lot: 9
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 15, 2024
Sold by
Lord John C Est and Lane
Bought by
Zovas Peter E and Zovas Anne K
Seller's Agent
Patrice Fenton
Compass
Buyer's Agent
Ben Faubert
Onshore Realtors
List Price
$1,500,000
Sold Price
$1,550,000
Premium/Discount to List
$50,000
3.33%
Views
17
Current Estimated Value
$1,738,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,452
Avg. Annual Appreciation
14.64%

Purchase Details

Listed on
Jun 22, 2017
Closed on
Oct 31, 2017
Sold by
Herbert A Perluck T and Silva Molly
Bought by
Lord John C and Lord Juliet M
Seller's Agent
Holly Powell
BHHS New England Properties
Buyer's Agent
The Fraioli-Wilson Team
Edge Realty RI
List Price
$925,000
Sold Price
$750,000
Premium/Discount to List
-$175,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$525,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2016
Sold by
Perluck Herbert A
Bought by
Herbert A Perluck T

Purchase Details

Closed on
Jun 26, 2013
Sold by
Collins William A and Perluck Herbert A
Bought by
Perluck Herbert A

Purchase Details

Closed on
Dec 6, 2011
Sold by
Perluck Herbert A and Collins William A
Bought by
Perluck Herbert A and Collins William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,200
Interest Rate
4%

Purchase Details

Closed on
Oct 30, 2003
Sold by
Reaske Alice
Bought by
Collins William and Collins Deborah
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 Type Sale Price Title Company
Executors Deed $1,550,000 None Available
Executors Deed $1,550,000 None Available
Deed $750,000 --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $16,988 --
Deed $150,000 --
Deed $750,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $525,000 Purchase Money Mortgage
Previous Owner $652,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $1,550,000 +3.3% $290 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $1,500,000 +100.0% $281 / Sq Ft
10/30/2017 10/30/17 Sold $750,000 -18.9% $155 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $925,000 -- $191 / 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 $9,426 $960,900 $210,700 $750,200
2023 $9,244 $960,900 $210,700 $750,200
2022 $9,186 $960,900 $210,700 $750,200
2021 $8,618 $748,100 $183,400 $564,700
2020 $8,461 $748,100 $183,400 $564,700
2019 $8,379 $748,100 $183,400 $564,700
2018 $8,634 $726,800 $183,400 $543,400
2017 $8,424 $726,800 $183,400 $543,400
2016 $8,489 $726,800 $183,400 $543,400
2015 $8,081 $746,900 $187,200 $559,700
2014 $7,947 $746,900 $187,200 $559,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1365319

State-Wide MLS

APN: WEST-000133-000009