NOT LISTED FOR SALE

13 Abbey Ln Unit 7 Westerly, RI 02891

Estimated Value: $678,000 - $836,000

2 Beds
2 Baths
2,350 Sq Ft
$180/mo HOA Fee

Last Sold September 13, 2022

Last sale price $730,000 $311 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,761/month

211 Days on Market

Highlights

  • Marina
  • Under Construction
  • Deck
  • Golf Course Community
  • Active Adult
  • Wooded Lot

About This Home

As of September 2022

TO BE BUILT Your new lifestyle awaits you at the beautiful new development named Lathrop Farms Condominiums, off South Drive in Westerly RI. This community is age restricted, one buyer must be over 55. These spacious units boast hardwood floors throughout, upscale kitchens with granite counters and a large island. Generous allowances given for appliances and lighting. This model is the market rate base unit with two floors of well planned living space. These upscale homes provide single floor living (with option for a second floor) including your master suite, large closets, open living/dining area and a second bedroom that can be used as an office. Your energy efficient low maintenance home will provide peace of mind for decades to come. The professional landscaping will be taken care of for you. Sit on your back patio and just enjoy the view of mature trees surrounding the development. Be as active as you way or just relax It's just a few minutes drive to area beaches, attractions and restaurants. Downtown Westerly offers a diverse collection of eating and drinking establishments, quaint shops, art galleries and antique shops line historic downtown Westerly. These photos include optional second floor. Price $639900. Builder reserves right to change standard material list due to lead time/availability. 10% deposit becomes non refundable when framing begins. Price subject to change due to material/labor costs.

Last Agent to Sell the Property

Lori Moore

Northeast Property Group License #RES.0035303 Listed on: 11/28/2020

Last Buyer's Agent

Lori Moore

Northeast Property Group License #RES.0035303 Listed on: 11/28/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Security Fence
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 13ABBEYLANE7WEST

Community Details

Overview

  • Active Adult
  • 24 Units

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,868

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Above Grade Finished Sq Ft: 2350.0
  • Building Name: Lathrop Farms Condomin
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2022
  • Property Sub Type Additional: Condominium
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2350.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Security
  • Lot Features: Sprinkler System, Wooded
  • Construction Type: Drywall, Masonry, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 13ABBEYLANE7WEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 5868.0
  • Tax Lot: 131
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Nov 7, 2022
Sold by
Regan Ronald E and Regan Susan T
Bought by
Susan T Regan Lt and Regan
Seller's Agent
Lori Moore
Northeast Property Group
Buyer's Agent
Lori Moore
Northeast Property Group
List Price
$489,900
Sold Price
$730,000
Premium/Discount to List
$240,100
49.01%
Views
30
Current Estimated Value
$774,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,389
Avg. Annual Appreciation
-0.09%
Original Mortgage
$489,300
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 28, 2020
Closed on
Sep 13, 2022
Sold by
Regan Ronald E and Regan Susan T
Bought by
Regan Ronald E and Regan Susan T
Seller's Agent
Lori Moore
Northeast Property Group
Buyer's Agent
Lori Moore
Northeast Property Group
List Price
$489,900
Sold Price
$730,000
Premium/Discount to List
$240,100
49.01%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,300
Interest Rate
5.3%
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
Susan T Regan Lt -- None Available
Regan Ronald E -- None Available
Regan Ronald E $699,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regan Ronald E $489,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $730,000 +49.0% $311 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
11/28/2020 11/28/20 For Sale $489,900 -- $208 / 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 $5,697 $545,200 $0 $545,200
2023 $5,539 $545,200 $0 $545,200
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1270884

State-Wide MLS

APN: WEST M:97 B:131 L:7