$460,000
SOLD JUN 26, 2020

12 Spring St Westerly, RI 02891

5 Beds
3.5 Baths
5,650 Sq Ft
0.25 Acres

Recently Sold

$81 Per Sq Ft

4% Below List Price

15 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • 3 Car Garage
  • Wood Flooring
  • Workshop
  • Thermal Windows

About This Home

As of June 2020

All I can say is Awesome! This home is in immaculate condition and wide open design perfect for when family and friends come to visit and hangout with you. From the front Dining room with custom hutches built in to the white kitchen with pantry and large center island to the rear family room everyone is involved in the enjoyment. Nothing to do but move in with a newer roof, windows, efficient gas heat and hot water and private rear yard with brick patio and a 3 car garage and more storage than you can imagine. The light streams in from every angle and hard wood floors everywhere along with tons of built in features. You can easily walk to downtown to watch a play or have dinner or enjoy a day in the 18 Acre park and stop by the library or your favorite coffee shop. What is amazing is this is a legal two family but you would never know there is an awesome 3rd floor cathedral ceiling apartment that generates $1000/mo in rental income. The main house has 8 rooms 4 Bedrooms 2.5 baths and the apartment is perfect layout to use for rental or guests with separate entrance. All city utilities so worry about septic system or well problems. See single family listing at MLS#1253382 .

Last Agent to Sell the Property

Dan Liese

Seaport Real Estate Services License #REB.0017069 Listed on: 05/11/2020

Last Buyer's Agent

Lynn Azzinaro

RE/MAX South County License #REC.0014390

RE/MAX South County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,466

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Fenced

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,650 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 12SPRINGSTWEST

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,466

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Above Grade Finished Sq Ft: 5650.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Cable TV
  • Dining Room Type: Workshop
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10792.0
  • Parcel #: 12SPRINGSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3466.0
  • Tax Lot: 43
  • Tax Year: 2019

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%
Total Days on Market
15
Current Estimated Value
$654,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,783
Avg. Annual Appreciation
6.72%
Original Mortgage
$414,000
Outstanding Balance
$373,396
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,123

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
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
Warranty Deed $460,000 None Available
Quit Claim Deed -- --
Warranty Deed $278,000 --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $414,000 Purchase Money Mortgage
Previous Owner $242,500 No Value Available
Previous Owner $250,480 Purchase Money Mortgage
Previous Owner $130,000 No Value Available
Previous Owner $136,000 No Value Available
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: 1253384

State-Wide MLS

APN: WEST-000067-000043