$1,152,500
SOLD AUG 26, 2024

14 Meadow Ridge Rd Westerly, RI 02891

4 Beds
4 Baths
4,035 Sq Ft
0.51 Acres

Recently Sold

$286 Per Sq Ft

6% Below List Price

95 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • 1 Fireplace
  • Covered Deck
  • Attic
  • Wrap Around Balcony

About This Home

As of August 2024

Welcome to 14 Meadow Ridge Road, a 4-5 bedroom, 4 bath coastal contemporary home perfect for seasonal or year-round residency offering plenty of room for extended family and friends. Located just a bike ride to area beaches and hiking trails, this sprawling home also features unrivaled outdoor space complete with a wraparound covered porch, multi-level mahogany deck, patio, wood burning firepit, heated spa, gardens and treehouse. This dual feature provides residents with a diverse and dynamic living experience. The owners have invested in improvements inside and out including kitchen and baths, appliances, utilities, and whole home auto standby generator offering uninterrupted comfort. The primary suite boasts a coastal-inspired bath, California Closets, and a balcony, ideal for enjoying morning coffee while you soak up the ocean views to start the day. Custom window treatments add a touch of elegance, while a spacious family/media room offers unlimited potential for entertainment or relaxation. On the lower level you will find a professionally finished basement presenting versatile options, potentially serving as an in-law suite or additional family space, complete with a kitchenette, sleeping quarters and full bath. If you're seeking the tranquility of nature or the energy of outdoor activities, this stunning home offers the best of both worlds. Available furnished or unfurnished, this unique property presents a rare opportunity to experience coastal living at its finest.

Last Agent to Sell the Property

Michael Lamb

Keller Williams Coastal License #RES.0812073 Listed on: 05/23/2024

Keller Williams Coastal

Last Buyer's Agent

Kimberly Barrows

Keller Williams Realty Leading Edge License #REB.0790330

Keller Williams Realty Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,775

Year Built

  • Built in 1972

Lot Details

  • 0.51 Acre Lot
  • Sprinkler System
  • Garden
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Spa
  • Wrap Around Balcony
  • Covered Deck
  • Patio
  • Wrap Around Porch

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Fuel Tank Located in Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,775

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3137
  • Sq Ft Est Heated Below Grade: 898
  • Total Sq Ft: 4035
  • Year Built: 1972
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Medical Facilities, Park, Tennis Courts
  • In Law Access: Lower Level
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Shore Rd area of Bucks Trail
  • Financing Used: Conventional Fixed
  • In Law Apartment: Possible
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Primary bedroom closet
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Porch-Wrap Around, Wrap Around Deck, Hot Tub, Patio, Balcony, Porch, Deck, Garden Area, Covered Deck, Underground Sprinkler
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Under House Garage, Paved, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.51
  • Lot Description: Lightly Wooded Treed Level Lot Water View
  • Flood Zone: No
  • Zoning: R20
  • Parcel #: 999999999

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 9775
  • Total Assessed Value: 996400
  • Mil Rate Total: 9.62

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 26, 2024
Sold by
Grillo Paul A and Grillo Heidi E
Bought by
Mullaney John R and Mullaney Susan M
Seller's Agent
Michael Lamb
Keller Williams Coastal
Buyer's Agent
Kimberly Barrows
Keller Williams Realty Leading Edge
List Price
$1,225,000
Sold Price
$1,152,500
Premium/Discount to List
-$72,500
-5.92%
Views
134
Current Estimated Value
$1,299,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,493
Avg. Annual Appreciation
10.53%
Original Mortgage
$922,000
Outstanding Balance
$916,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$353,567

Purchase Details

Closed on
Mar 13, 2024
Sold by
Heidi E Grillo T E and Heidi Grillo
Bought by
Grillo Paul A and Grillo Heidi E

Purchase Details

Listed on
Dec 1, 2018
Closed on
Feb 20, 2019
Sold by
Silva David P and Silva Molly A
Bought by
Heidi E Grillo T E and Heidi Grillo
Seller's Agent
Holly Powell
BHHS New England Properties
Buyer's Agent
Michael Lamb
Keller Williams Coastal
List Price
$649,000
Sold Price
$585,000
Premium/Discount to List
-$64,000
-9.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Silva David P and Silva Molly A
Bought by
Silva David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.19%

Purchase Details

Closed on
Oct 6, 2003
Sold by
Reaske Alice
Bought by
Silva David and Silva Molly
Source: Public Records

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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 $1,152,500 None Available
Deed -- None Available
Deed -- None Available
Warranty Deed $585,000 --
Warranty Deed $585,000 --
Deed -- --
Deed $320,000 --
Deed -- --
Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $922,000 Purchase Money Mortgage
Previous Owner $115,260 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $1,152,500 -1.9% $286 / Sq Ft
07/01/2024 07/01/24 Price Changed $1,175,000 -4.1% $291 / Sq Ft
05/23/2024 05/23/24 For Sale $1,225,000 +109.4% $304 / Sq Ft
02/20/2019 02/20/19 Sold $585,000 -9.9% $163 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $649,000 -- $181 / Sq Ft
Source: SmartMLS

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 $9,775 $996,400 $238,100 $758,300
2023 $7,729 $803,400 $238,100 $565,300
2022 $7,681 $803,400 $238,100 $565,300
2021 $7,615 $661,000 $207,000 $454,000
2020 $7,476 $661,000 $207,000 $454,000
2019 $7,403 $661,000 $207,000 $454,000
2018 $7,105 $598,100 $207,000 $391,100
2017 $6,932 $598,100 $207,000 $391,100
2016 $6,986 $598,100 $207,000 $391,100
2015 $6,601 $610,100 $211,400 $398,700
2014 $6,491 $610,100 $211,400 $398,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24020200

SmartMLS

APN: WEST-000123-000008