NOT LISTED FOR SALE

126 Atlantic Ave Westerly, RI 02891

Estimated Value: $886,497 - $1,111,000

2 Beds
1 Bath
816 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $950,000 $1,164 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,897/month

97 Days on Market

Highlights

  • Beach Front
  • Corner Lot
  • Porch
  • Water Access
  • Recreation Facilities
  • Screened Patio

About This Home

As of November 2024

Reserve your front row seat now for the hottest ticket in town. You could enjoy unobstructed ocean views spanning from Block Island to Long Island across the sound. As a member of the Misquamicut Fire District, you have access to the private beach across the street with a bath house, lifeguards, staff and an unbeatable community feel as you bask in the sun & surf with your beach neighbors. Stroll the incredible 7-mile stretch of one of the most beautiful beaches on the East Coast. Head east to the Weekapaug Breachway or west to Watch Hill to visit Taylor Swift or the Ocean House. A plethora of entertainment is at your fingertips. Enjoy live bands and DJs, movies on the beach, nearby oceanside restaurants & clubs, or a quiet, elegant dinner at one of the upscale restaurants. The modest existing home is useable as is, easily updated or removed to make room for your dream home at the beach. It's all about the location! Call today for a tour and details on building on this rare ocean view lot.

Last Agent to Sell the Property

Dan Babich

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0034612 Listed on: 08/16/2024

HomeSmart Professionals

Last Buyer's Agent

Dan Babich

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0034612 Listed on: 08/16/2024

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,734

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot
  • Beach Front
  • Corner Lot
  • Property is zoned SC-G

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • No Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 126 / 152
  • Assessor Parcel Number 126ATLANTICAVWEST

Community Details

Overview

  • Misquamicut Fire District Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,734

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1148
  • Inclusions: Ask for details about development of this property
  • Subdivision Name: Misquamicut Fire District
  • Above Grade Finished Sq Ft: 816.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-921-5011
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Stall Shower
  • Living Area: 816.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 126ATLANTICAVWEST
  • Zoning: SC-G
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6734.0
  • Tax Block: 152
  • Tax Lot: 126
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Nov 26, 2024
Sold by
Gadbois Theresa A
Bought by
126 Atlantic Ave Llc
Seller's Agent
Dan Babich
HomeSmart Professionals
Buyer's Agent
Dan Babich
HomeSmart Professionals
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Views
110
Current Estimated Value
$1,014,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,374
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,395,000
Outstanding Balance
$1,380,251
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$365,877
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
126 Atlantic Ave Llc $950,000 None Available
126 Atlantic Ave Llc $950,000 None Available
126 Atlantic Ave Llc $950,000 None Available
126 Atlantic Ave Llc $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 126 Atlantic Ave Llc $1,395,000
Closed 126 Atlantic Ave Llc $1,395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $950,000 -13.6% $1,164 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $1,100,000 -4.3% $1,348 / Sq Ft
08/16/2024 08/16/24 For Sale $1,150,000 -- $1,409 / 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
2025 $6,673 $938,500 $849,300 $89,200
2024 $6,816 $694,800 $624,000 $70,800
2023 $6,684 $694,800 $624,000 $70,800
2022 $6,642 $694,800 $624,000 $70,800
2021 $5,822 $505,400 $452,300 $53,100
2020 $5,716 $505,400 $452,300 $53,100
2019 $5,660 $505,400 $452,300 $53,100
2018 $5,446 $458,400 $411,200 $47,200
2017 $5,313 $458,400 $411,200 $47,200
2016 $5,354 $458,400 $411,200 $47,200
2015 $5,110 $472,300 $419,500 $52,800
2014 $5,025 $472,300 $419,500 $52,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1366116

State-Wide MLS

APN: WEST-000165-000152