NOT LISTED FOR SALE

16 Charles Ave Westerly, RI 02891

Estimated Value: $450,000 - $521,000

2 Beds
2 Baths
4,036 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $350,000 $87 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,863/month

10 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 1 Car Attached Garage
  • Golf Course Community
  • Attic
  • Window Unit Cooling System

About This Home

As of May 2021

TWO FAMILY HOME LOCATED ON CUL DE SAC IN DESIRABLE AREA OF TOWN ,LARGE LOT HAS 24 X 16 TWO STORY SHED PERFECT STORAGE FOR SMALL CONTRACTOR....MAY BE NICE ONE FAMILY ALSO AS A SUMMER HOME THREE MILES TO THE BEACH. HARDWOODS,CERAMIC TIL, FIRE PLACE ACCOMPANY THIS FLOWING FLOOR PLAN ONE CAR GARAGE , NICE FENCED IN YARD WITH A CONVENIENT LOCATION. CALL TO VIEW... TENANTS ARE VACATING FOR MAY 1, BUT AVAILABLE TO STAY IF INVESTOR IS LOOKING FOR RENTAL POTENTIAL

Last Agent to Sell the Property

Lisa Raiche

Town & Shore Realty License #REB.0018903 Listed on: 03/26/2021

Last Buyer's Agent

Patricia Berg

HomeSmart Professionals License #RES.0042912

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4,036 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Permanent Attic Stairs
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 16CHARLESAVWEST

Community Details

Overview

  • 2 Units
  • Midtown Subdivision

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • Shops
  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,993

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Subdivision Name: MidTown
  • Above Grade Finished Sq Ft: 4036.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1954
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 16CHARLESAVWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 2993.0
  • Tax Lot: 16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 6, 2021
Sold by
Redfern Susan and Tourtelott Pamela L
Bought by
Belgarde George P
Seller's Agent
Lisa Raiche
Town & Shore Realty
Buyer's Agent
Patricia Berg
HomeSmart Professionals
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%
Current Estimated Value
$484,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,694
Avg. Annual Appreciation
7.66%
Original Mortgage
$262,500
Outstanding Balance
$237,891
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,803

Purchase Details

Closed on
Nov 30, 2005
Sold by
Schlageler Gary R and Schlageler Ellyn B
Bought by
Redfern Susan and Tourtelott Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bigazzi Alfiero
Bought by
Schlageter Gary R and Schlageter Ellyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,175
Interest Rate
8.4%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Botelho Jose and Botelho Antonio J
Bought by
Bigazzi Alfiero
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Belgarde George P $350,000 None Available
Redfern Susan $280,000 --
Schlageter Gary R $126,500 --
Bigazzi Alfiero $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belgarde George P $262,500
Previous Owner Bigazzi Alfiero $220,000
Previous Owner Bigazzi Alfiero $60,000
Previous Owner Bigazzi Alfiero $132,000
Previous Owner Bigazzi Alfiero $120,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $350,000 +2.9% $87 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $340,000 -- $84 / 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 $3,517 $336,600 $105,700 $230,900
2023 $3,420 $336,600 $105,700 $230,900
2022 $3,400 $336,600 $105,700 $230,900
2021 $3,218 $266,800 $91,900 $174,900
2020 $3,162 $266,800 $91,900 $174,900
2019 $3,132 $266,800 $91,900 $174,900
2018 $2,878 $233,000 $91,900 $141,100
2017 $2,796 $233,000 $91,900 $141,100
2016 $2,796 $233,000 $91,900 $141,100
2015 $2,832 $252,200 $93,900 $158,300
2014 $2,787 $252,200 $93,900 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1278068

State-Wide MLS

APN: WEST-000098-000016