NOT LISTED FOR SALE

16 Trolley Ln Westerly, RI 02891

Estimated Value: $798,000 - $858,000

4 Beds
2.5 Baths
2,536 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $601,000 $237 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,811/month

15 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 2 Car Attached Garage
  • Beach Access
  • Deck
  • Ductless Heating Or Cooling System

About This Home

As of March 2023

Fabulous location! This well-loved home rests on over a half acre of land and offers four bedrooms and two and one half-baths. The generous open floor plan is ideal for entertaining and enjoys a family room with a gas fireplace. There are two first level bedrooms, which share a generous, accessible bathroom. The upper-level features two bedrooms sharing one bath and a loft perfect for a fun media room / playroom for your family. Great lower-level basement which offers oodles of potential. There are three ductless units. Off the kitchen is a deck perfect for barbecuing after a long day at the beach. This great home is mere two miles to beautiful Misquamicut Beach and moments away from the Village of Watch Hill. What an opportunity to live in beautiful, coastal Westerly! (subject to probate)

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 02/02/2023

Last Buyer's Agent

Mary Nasi-Graham

IMT Realty License #REB.0018241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 2000

Lot Details

  • 0.67

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Septic Tank

Additional Features

  • Accessible Full Bathroom
  • 0.67 Acre Lot

Listing and Financial Details

  • Tax Lot 111/ SS/ /
  • Assessor Parcel Number 16TROLLEYLANEWEST

Community Details

Overview

  • Near Misquamicut Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,500

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.67
  • Subdivision Name: Near MISQUAMICUT
  • Above Grade Finished Sq Ft: 2536.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Accessibility Features: Accessible Full Bath
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 2536.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Beach Access
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Ductless, 1 Unit
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29185.0
  • Parcel #: 16TROLLEYLANEWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Lot: 111/ SS/ /
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 29, 2023
Sold by
Procaccini Jr Frank J Est
Bought by
Smith Richard F and Smith Robin
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Mary Nasi-Graham
IMT Realty
List Price
$625,000
Sold Price
$601,000
Premium/Discount to List
-$24,000
-3.84%
Current Estimated Value
$821,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,639
Avg. Annual Appreciation
11.13%
Original Mortgage
$415,000
Outstanding Balance
$405,089
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,234

Purchase Details

Closed on
May 25, 2000
Sold by
Sacco Peter J
Bought by
Procaccini Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.1%
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
Smith Richard F $601,000 None Available
Procaccini Frank J $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Richard F $415,000
Previous Owner Procaccini Frank J $88,000
Previous Owner Procaccini Frank J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $601,000 -3.8% $237 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $625,000 -- $246 / 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 $5,447 $555,300 $209,100 $346,200
2023 $5,342 $555,300 $209,100 $346,200
2022 $5,309 $555,300 $209,100 $346,200
2021 $5,209 $452,200 $181,800 $270,400
2020 $5,114 $452,200 $181,800 $270,400
2019 $4,907 $438,100 $181,800 $256,300
2018 $4,523 $380,700 $181,800 $198,900
2017 $4,412 $380,700 $181,800 $198,900
2016 $4,447 $380,700 $181,800 $198,900
2015 $4,191 $387,300 $185,400 $201,900
2014 $4,121 $387,300 $185,400 $201,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1329100

State-Wide MLS

APN: WEST-000138-000111S-S000000