NOT LISTED FOR SALE

12 Spring St Westerly, RI 02891

Estimated Value: $527,000 - $778,000

1 Bed
1 Bath
792 Sq Ft
$834/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $460,000 $581 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,886/month

Highlights

  • Marina
  • Wood Flooring
  • Recreation Facilities
  • Golf Course Community
  • No HOA
  • Walking Distance to Water

About This Home

As of November 2021

Immaculate studio apartment, 3rd floor. Laundry hookup in unit. Short walk to downtown, park, library. Includes heat, snow removal and lawn maintenance. Security and references required. No pets, No smoking.

Last Agent to Rent the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 09/24/2021

RE/MAX South County

Last Renter's Agent

Lynn Azzinaro

Re/Max South County

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1900

Lot Details

  • 10,803

Parking

  • Driveway

Home Design

  • Entry on the 3rd floor
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 792 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Property Available on 11/1/21
  • 12 Month Lease Term
  • Assessor Parcel Number 12SPRINGSTWEST

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mid Town, School Street Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,609

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2021-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Mid Town, School Street
  • Above Grade Finished Sq Ft: 792.0
  • Entry Level: 3
  • Unit Levels: Two, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 792.0
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Heat, Laundry Facilities, Parking, Sewer, Snow Removal, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 12SPRINGSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 25, 2020
Sold by
Pattermann William J and Pattermann Lauren N
Bought by
Bartlett Jason and Bartlett Brittany
Seller's Agent
Dan Liese
Seaport Real Estate Services
Buyer's Agent
Lynn Azzinaro
RE/MAX South County
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Current Estimated Value
$660,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,502
Avg. Annual Appreciation
4.21%
Original Mortgage
$414,000
Outstanding Balance
$371,805
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,585

Purchase Details

Closed on
Oct 1, 2018
Sold by
Pattermann William J
Bought by
Pattermann William J and Pattermann Lauren N

Purchase Details

Closed on
Jun 15, 2011
Sold by
Janeiro Mary L
Bought by
Pattermann William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,480
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2001
Sold by
Nardone Henry J and Nardone William A
Bought by
Janeiro Joseph C and Janeiro Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bartlett Jason $460,000 None Available
Pattermann William J -- --
Pattermann William J $278,000 --
Janeiro Joseph C $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartlett Jason $414,000
Previous Owner Janeiro Joseph C $242,500
Previous Owner Janeiro Joseph C $250,480
Previous Owner Janeiro Joseph C $130,000
Previous Owner Janeiro Joseph C $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Rented $1,150 -8.0% --
10/06/2021 10/06/21 Under Contract -- -- --
09/24/2021 09/24/21 For Rent $1,250 +4.2% --
10/22/2020 10/22/20 For Rent $1,200 0.0% --
10/22/2020 10/22/20 Rented $1,200 0.0% --
06/26/2020 06/26/20 Sold $460,000 -4.0% $81 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $479,000 -- $85 / 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 $4,609 $441,100 $109,700 $331,400
2023 $4,482 $441,100 $109,700 $331,400
2022 $4,147 $410,600 $109,700 $300,900
2021 $3,560 $295,200 $95,600 $199,600
2020 $3,498 $295,200 $95,600 $199,600
2019 $3,466 $295,200 $95,600 $199,600
2018 $3,407 $275,900 $95,600 $180,300
2017 $3,311 $275,900 $95,600 $180,300
2016 $3,311 $275,900 $95,600 $180,300
2015 $3,327 $296,300 $97,500 $198,800
2014 $3,274 $296,300 $97,500 $198,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1294548

State-Wide MLS

APN: WEST-000067-000043