NOT LISTED FOR SALE

12 Westerly Rd Westerly, RI 02891

Estimated Value: $4,723,000 - $8,503,000

8 Beds
6.5 Baths
7,266 Sq Ft
$875/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $7,425,000 $1,022 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $41,126/month

25 Days on Market

Highlights

  • Marina
  • Beach Access
  • Wine Cellar
  • Water Views
  • Golf Course Community
  • Marble Flooring

About This Home

As of August 2017

Think of the most idyllic setting overlooking the Atlantic Ocean, a shingled cottage with the bones and provenance of 1900 but completely restored throughout. Wickiup is the quintessential Watch Hill legacy home and is on the National Register of Historic Homes. Lovingly renovated inside with all of today’s modern amenities, this house has nine foot ceilings, a living room with beautifully carved beams, all heading in the direction of the ocean. Every detail draws you to the dramatic view beyond. The windows have been replaced with the same detail as the original windows and vertical grain fir floors have been restored to their original beauty with a refreshed tone and look perfect for today’s cleaner decorating lines. Both the living room & dining room fireplaces have been updated to gas for easy, no fuss living. A large living room with adjoining sitting room and dining room flow easily for ultimate entertaining. An adjoining media room or office with a skylit vaulted ceiling provides privacy and a gorgeous view when work we must! Built in speaker systems inside and out help set the stage for a beautiful, tranquil ambience both indoors and out. The kitchen has been carefully restored and updated with stainless steel appliances. Off the kitchen is an inviting protected brick terrace for sunning or enjoying afternoon refreshments. This 4,678 sqft home has 8 bedrooms, 6.5 baths, garage, laundry room, outdoor shower, and the promise of sweet summer memories.

Last Listed By

Donna Simmons

Mott & Chace Sotheby's Intl. License #RES.0040274 Listed on: 06/16/2017

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,118

Year Built

  • Built in 1900

Lot Details

  • 0.62 Acre Lot
  • Security Fence
  • Sprinkler System
  • Property is zoned R43

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Antique Architecture
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wine Cellar
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs
  • Storm Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 12WesterlyRDWEST

Community Details

Recreation

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

Additional Features

  • Watch Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,118

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Subdivision Name: Watch Hill
  • Above Grade Finished Sq Ft: 4678.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Trash Compactor, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 2588.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Skylights, Tub Shower, Cable TV, Wine Cellar
  • Living Area: 7266.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Balcony, Porch, Sprinkler/Irrigation
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Geothermal
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.0
  • Parcel #: 12WesterlyRDWEST
  • Zoning: R43
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 56118.0
  • Tax Lot: 65
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2016
Sold by
Halvor M Halvorson Ret
Bought by
Halvorson Halvor M and Halvorson Janet G
Total Days on Market
25
Current Estimated Value
$6,354,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2012
Sold by
Westerfield Bradford F
Bought by
Janet G Halvorson Ret

Range of Values:

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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
Halvorson Halvor M -- --
Janet G Halvorson Ret $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Michael W $5,000,000
Closed Halvorson Halvor M $500,000
Previous Owner Westerfield F Bradford $792,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $7,425,000 -9.5% $1,022 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $8,200,000 -- $1,129 / 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 $70,722 $7,209,200 $4,519,700 $2,689,500
2023 $54,723 $5,688,500 $4,338,900 $1,349,600
2022 $50,818 $5,315,700 $4,338,900 $976,800
2021 $61,596 $5,346,900 $3,565,300 $1,781,600
2020 $60,473 $5,346,900 $3,565,300 $1,781,600
2019 $59,885 $5,346,900 $3,565,300 $1,781,600
2018 $57,079 $4,804,600 $3,565,300 $1,239,300
2017 $55,685 $4,804,600 $3,565,300 $1,239,300
2016 $56,118 $4,804,600 $3,565,300 $1,239,300
2015 $48,739 $4,504,500 $3,301,400 $1,203,100
2014 $47,928 $4,504,500 $3,301,400 $1,203,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1164763

State-Wide MLS

APN: WEST-000179-000065