NOT LISTED FOR SALE

165 East Ave Westerly, RI 02891

Estimated Value: $462,000

5 Beds
3.5 Baths
4,049 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $925,000 $228 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $2,864/month

280 Days on Market

Highlights

  • Marina
  • Guest House
  • In Ground Pool
  • Beach Access
  • Golf Course Community
  • 7.31 Acre Lot

About This Home

As of April 2021

Offered as a package with 155 East Avenue, MLS#1256261. These two (2) lots combined total nearly 8-acres and currently consist of a carriage/guest house on a 0.63-acre lot and the colonial-style main estate house sitting on 7.31-acres. This is one of Westerly's largest estate parcels, originally built by the Milner family and subsequently owned by some of Westerly's best families. With beautiful grounds are rumored to be designed by Olmstead, the estate is a true diamond in the rough. The winding driveway brings you past the carriage house to the elegant main house which is in need of a major renovation. The property could be brought back to it former glory and would make a fantastic family compound with privacy and room for further expansion, or the land could be developed and/or subdivided for higher-density housing. East Avenue is the perfect location for 1st or 2nd homes with it's proximity to the Pawcatuck River, the Village of Watch Hill and all the beautiful surrounding beaches. The combined properties have over 600-feet of road frontage, with existing stone walls and sidewalks on the street. Please contact us for concept plans for a 30-unit development.

Last Agent to Sell the Property

Geb Masterson

William Pitt Sotheby's Int'l License #RES.0041456 Listed on: 06/15/2020

William Pitt Sotheby's Int'l

Co-Listed By

Jim Buffum

Mott & Chace Sotheby's Intl. License #RES.0034442

Last Buyer's Agent

George Masterson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,968

Year Built

  • Built in 1920

Lot Details

  • 7.31 Acre Lot
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned HDR-15

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Fixer Upper
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,049 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Attic

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • In Ground Pool
  • Beach Access
  • River Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Gas Water Heater
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 57/57A
  • Assessor Parcel Number 165&155EASTAVWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Westerly Yacht Club Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,968

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.3143
  • Co List Office Mls Id: MOCH02
  • Co List Office Phone: 401-315-0808
  • Subdivision Name: Westerly Yacht Club
  • Above Grade Finished Sq Ft: 4049.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oil 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, Tile
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Parquet
  • Interior Amenities: Attic, Wet Bar, Tub Shower
  • Living Area: 4049.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • Pool Features: In Ground
  • Waterfront Features: Beach Access, River Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 318613.0
  • Parcel #: 165&155EASTAVWEST
  • Zoning: HDR-15
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11968.0
  • Tax Lot: 57/57A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Douglas Enterprise Ltd
Bought by
Pont Janet R
Current Estimated Value
$462,000
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 Buyer Sale Price Title Company
Pont Janet R $303,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $925,000 -26.0% $228 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,250,000 -- $309 / 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
2023 $2,146 $211,200 $211,200 $0
2022 $5,332 $527,900 $526,700 $1,200
2021 $8,497 $704,600 $508,300 $196,300
2020 $8,350 $704,600 $508,300 $196,300
2019 $8,272 $704,600 $508,300 $196,300
2018 $8,683 $703,100 $508,300 $194,800
2017 $8,437 $703,100 $508,300 $194,800
2016 $8,437 $703,100 $508,300 $194,800
2015 $8,602 $766,000 $534,100 $231,900
2014 $8,464 $766,000 $534,100 $231,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1256252

State-Wide MLS

APN: WEST-000107-000057