NOT LISTED FOR SALE

124 Beach St Westerly, RI 02891

Estimated Value: $451,677 - $638,000

2 Beds
1 Bath
1,179 Sq Ft
$447/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $475,000 $403 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,043/month

24 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Attic
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2024

Charming three bedroom cottage with wide moldings, quaint built-ins, good sized rooms good bones. Enjoy porch's panoramic unobstructed views of water, amazing sunsets. Walk to town for coffee in the morning and water in the afternoon. Free access for small boats and kayaks across the street. Walk to westerly marina. All NEW natural gas furnace, water heater, updated electricals, roof and windows. Expansive trex deck off the kitchen. Majority of cabinets and all appliances less than 5 years old. Detached garage has storage loft with carport so can fit 2 cars. Note oversized lot and garage offer income potential if developed. Large field stone basement has built in wood or artist workshop as well as second half offering space for kids playroom an office or workout room with built in shelves and tremendous morning light. Attic 3/4 floored for ample storage. This property has huge rental potential or serves as delightful owner occupied home with plenty of room on lot for expansion. Not to be missed.

Last Agent to Sell the Property

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 07/04/2024

Co-Listed By

Jacob Lamb

Sold By Michaela LLC License #RES.0043194

Last Buyer's Agent

Tamara Brennan

Brennan Brokerage License #REB.0019620

Brennan Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1925

Lot Details

  • 10,454

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,179 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Additional Features

  • 10,454 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 124BEACHSTWEST

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: SOLD
  • Co List Office Phone: 401-935-3390
  • Inclusions: Refer to MLS disclosures.
  • Above Grade Finished Sq Ft: 1179.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1925
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 1179.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 124BEACHSTWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2913.0
  • Tax Lot: 155
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Sep 14, 2018
Sold by
Stamatis John and Stamatis Margaret D
Bought by
Mcclure Lisa
Seller's Agent
Jim Buffum
Mott & Chace Sotheby's Intl.
Buyer's Agent
Keri-Ann McAlice
Coastal Properties Group
List Price
$309,000
Sold Price
$289,275
Premium/Discount to List
-$19,725
-6.38%
Current Estimated Value
$526,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,644
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Roever Frederick D
Bought by
Stamatis John and Stamatis Margaret D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Mcclure Lisa $288,275 --
Stamatis John $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stamatis John $152,500
Previous Owner Stamatis John $154,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $475,000 0.0% $403 / Sq Ft
07/28/2024 07/28/24 Price Changed $475,000 0.0% $403 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/17/2024 07/17/24 Off Market $475,000 -- --
07/04/2024 07/04/24 For Sale $462,000 +59.7% $392 / Sq Ft
09/14/2018 09/14/18 Sold $289,275 -6.4% $218 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $309,000 -- $233 / 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 $2,996 $286,700 $122,300 $164,400
2023 $2,913 $286,700 $122,300 $164,400
2022 $2,896 $286,700 $122,300 $164,400
2021 $2,742 $227,400 $106,400 $121,000
2020 $2,695 $227,400 $106,400 $121,000
2019 $2,670 $227,400 $106,400 $121,000
2018 $2,637 $213,500 $106,400 $107,100
2017 $2,562 $213,500 $106,400 $107,100
2016 $2,562 $213,500 $106,400 $107,100
2015 $2,509 $223,400 $113,500 $109,900
2014 $2,469 $223,400 $113,500 $109,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1363026

State-Wide MLS

APN: WEST-000096-000155