$475,000
SOLD MAY 19, 2025

14 Memory Ln Westerly, RI 02891

2 Beds
1 Bath
864 Sq Ft
1970 Built

Recently Sold

$550 Per Sq Ft

10% Above List Price

7 Days on Market

Highlights

  • In Ground Pool
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of May 2025

This is a rare opportunity to own a home on Memory Lane! This home has been lovingly maintained by the same family for decades. This home is the perfect summer cottage featuring an amazing 14,000 gallon inground pool. This is an impressive gunite pool with an underwater light and a floor drain. The pool is 4 feet deep on either end and 5 feet in the center where the stairs are. This pool was completely redone in 2016 to the tune of $32,000. The backyard is fenced in and the perfect space for entertaining. The Kitchen was also very tastefully updated a few years ago. Enjoy plenty of natural light in the bathroom thanks to the skylight. The current seller is using one of the upstairs bedrooms as a dining room. The second bedroom was moved down to the basement to serve his family dynamic. The home also has a wonderful enclosed porch that can comfortably be used for 3 seasons. It boasts 240 SF which is in addition to the main levels 864 SF and the other 864 SF in the basement. This is a corner property with a great front yard. The Address is 14 Memory Ln, and the walkway from the street on Memory Ln goes to the door in the kItchen which is the one the owner uses as the main entrance to the home with guests. The property also includes a 5 zone sprinkler system. This is your chance to get a great property in Westerly for such a great price. BEST AND FINAL Bids due Wednesday March 26 at 8pm

Last Agent to Sell the Property

Adam Cherko

eXp Realty License #RES.0044245 Listed on: 03/20/2025

eXp Realty

Last Buyer's Agent

Jessica Gardner

Keller Williams Coastal License #RES.0043525

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1970

Lot Details

  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Pool

  • In Ground Pool

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 14MEMORYLANEWEST

Community Details

Amenities

  • Shops
  • Restaurant

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: Please let me know if you'd like the property disclosure emailed to you, The file is too large for mls apparently and PDF compressors are not working. I am happy to email it to you.
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 864.0
  • Dining Room Type: Bedroom, Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Sprinkler System
  • Pool Features: In Ground
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.2
  • Parcel #: 14MEMORYLANEWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2402.47
  • Tax Lot: 11
  • Tax Map Number: 111
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 19, 2025
Sold by
Speice Donald G
Bought by
Cugno Dana M
Seller's Agent
Adam Cherko
eXp Realty
Buyer's Agent
Jessica Gardner
Keller Williams Coastal
List Price
$430,000
Sold Price
$475,000
Premium/Discount to List
$45,000
10.47%
Total Days on Market
7
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-74.82%
Original Mortgage
$225,000
Outstanding Balance
$225,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,379

Purchase Details

Closed on
Aug 21, 1972
Bought by
Speice Donald G
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 $475,000 None Available
Warranty Deed $475,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Purchase Money Mortgage
Closed $225,000 Purchase Money Mortgage
Previous Owner $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $475,000 +10.5% $550 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $430,000 -- $498 / 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 $2,402 $244,900 $120,800 $124,100
2023 $2,356 $244,900 $120,800 $124,100
2022 $2,341 $244,900 $120,800 $124,100
2021 $2,267 $196,800 $105,100 $91,700
2020 $2,226 $196,800 $105,100 $91,700
2019 $2,204 $196,800 $105,100 $91,700
2018 $2,112 $177,800 $105,100 $72,700
2017 $2,061 $177,800 $105,100 $72,700
2016 $2,077 $177,800 $105,100 $72,700
2015 $2,147 $198,400 $112,300 $86,100
2014 $2,111 $198,400 $112,300 $86,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1380301

State-Wide MLS

APN: WEST-000111-000011