NOT LISTED FOR SALE

162 Shore Rd Westerly, RI 02891

Estimated Value: $679,000 - $1,374,000

5 Beds
3.5 Baths
3,100 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $570,000 $184 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,379/month

34 Days on Market

Highlights

  • Water Views
  • 2.1 Acre Lot
  • Wood Flooring
  • Beach Access
  • Colonial Architecture
  • Attic

About This Home

As of February 2022

Welcome to Ocean Crest Farm built in 1790. The first floor features a living room, dining room and family room all with wide pine floors. You will also find a full bath, 1/2 bath with laundry room and 2 kitchens. The second floor features 5 bedrooms all with wide pine floors and 2 full bathrooms. From one of the bedrooms you can see the ocean. The house sits on over 2 acres of land with a circular driveway and a goat barn. There is frontage on Shore Rd and Tom Harvey Rd. The house is in need of renovation bring your tool belt and imagination.

Last Agent to Sell the Property

Troy Larson

Century 21 North East License #RES.0045024 Listed on: 12/08/2021

Century 21 North East

Last Buyer's Agent

Troy Larson

Century 21 North East License #RES.0045024 Listed on: 12/08/2021

Century 21 North East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1790

Lot Details

  • 2.1 Acre Lot
  • Property is zoned SCG

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Permanent Attic Stairs

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 004 / 140
  • Assessor Parcel Number 162SHORERDWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,207

Year Built

Built in 1790

Lot Details

2.1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Above Grade Finished Sq Ft: 3100.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1790
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 3100.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 91476.0
  • Parcel #: 162SHORERDWEST
  • Zoning: SCG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5207.12
  • Tax Block: 140
  • Tax Lot: 004
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Feb 10, 2022
Sold by
Richard N Steadman Lt and Steadman
Bought by
Essential Realty Llc
Seller's Agent
Troy Larson
Century 21 North East
Buyer's Agent
Troy Larson
Century 21 North East
List Price
$650,000
Sold Price
$570,000
Premium/Discount to List
-$80,000
-12.31%
Current Estimated Value
$968,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,031
Avg. Annual Appreciation
14.12%
Original Mortgage
$500,000
Outstanding Balance
$460,791
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,241
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Essential Realty Llc $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Essential Realty Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $570,000 -12.3% $184 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $650,000 -- $210 / Sq Ft
Source: State-Wide MLS

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
2025 $4,885 $687,000 $373,000 $314,000
2024 $5,539 $564,600 $272,100 $292,500
2023 $5,249 $545,600 $272,100 $273,500
2022 $5,216 $545,600 $272,100 $273,500
2021 $5,304 $460,400 $238,700 $221,700
2020 $5,207 $460,400 $238,700 $221,700
2019 $5,156 $460,400 $238,700 $221,700
2018 $4,729 $398,100 $220,300 $177,800
2017 $4,614 $398,100 $220,300 $177,800
2016 $4,650 $398,100 $220,300 $177,800
2015 $4,607 $425,800 $243,600 $182,200
2014 $4,171 $425,800 $243,600 $182,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1299898

State-Wide MLS

APN: WEST-000140-000004

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