NOT LISTED FOR SALE

166 High St Westerly, RI 02891

Estimated Value: $614,000 - $782,000

5 Beds
3 Baths
5,227 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $490,000 $94 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,077/month

50 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Bathtub with Shower
  • Attic
  • 3 Car Detached Garage
  • 1-minute walk to Craigs Field Park

About This Home

As of November 2020

A rare opportunity;Strong income producing 3 family on 0.28 acres in Westerly, RI, located 0.5 from downtown Westerly,Train Station,Shopping,Wilcox Park, & a short drive to its pristine beaches.Classic 1st unit;Restored turn of the century craftsmanship, original oak crown moldings, solid oak floors & doors w/ original copper & brass hardware.Foyer opens to living room w/ dental brick detailed hearth.The dining areas large built in oak buffet w/ beveled glass back & leaded glass china closet above to display your treasures.Country kitchen will delight w/ original restored ceiling height cabinetry, stainless gas stove, refrigerator, micro/convection oven, custom spice cabinet, & original porcelain tile floor extends to full bath & hallway w/ 3 beds where you can view the 45-50 assorted plantings.A green thumb delights! Restore your serenity in cozy & light, restored 9X15 room w/ shower nestled on 1st floor w/ separate entry.Enter the 2nd floor hallway & stairs leading to the roomy 1 bed, 1 bath apt w/ eat in kitchen, spacious living room, study & full bath. 2 entrances for the cozy 3 room apt w/ full bath & eat in kitchen on 2nd floor, w/ stairs to large attic. Common basement w/ coin op dryer & new washer w/ 4 separate rooms for storage.All 3 units have separate heat, elec., natural gas, public water & sewer. Unique to this property is the 3-bay over-sized garage w/ attic.The 3rd bay has an attached drive thru 24X24 garage w/ trussed ceilings, elec. & separate back entrance.

Last Agent to Sell the Property

Angela Hancock

RE/MAX Coast And Country License #RES.0040980 Listed on: 08/17/2020

RE/MAX Coast And Country

Last Buyer's Agent

Wendy Brown

The Brown Group Realty License #REC.0015174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1919

Lot Details

  • 0.28

Parking

  • 3 Car Detached Garage

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,227 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 0.28 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 166HIGHSTWEST

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,278

Year Built

Built in 1919

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Above Grade Finished Sq Ft: 5227.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1919
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Other, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Other
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12098.0
  • Parcel #: 166HIGHSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 3278.0
  • Tax Lot: 47
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Brown Wendy
Bought by
Wendy F Brown Lt
Total Days on Market
50
Current Estimated Value
$695,773

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 4, 2020
Sold by
Holmes Teresa C
Bought by
Brown Wendy
Seller's Agent
Angela Hancock
RE/MAX Coast And Country
Buyer's Agent
Wendy Brown
The Brown Group Realty
List Price
$479,000
Sold Price
$490,000
Premium/Discount to List
$11,000
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$345,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2015
Closed on
Jun 8, 2015
Sold by
Krupinski Cheryl A
Bought by
Holmes Teresa C
Seller's Agent
Angela Hancock
RE/MAX Coast and Country
Buyer's Agent
Angela Hancock
RE/MAX Coast and Country
Sold Price
$825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$260,200
Interest Rate
3.62%
Mortgage Type
FHA
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
Wendy F Brown Lt -- None Available
Brown Wendy $490,000 None Available
Holmes Teresa C $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Wendy $345,000
Previous Owner Holmes Teresa C $267,000
Previous Owner Holmes Theresa C $27,000
Previous Owner Holmes Teresa C $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $490,000 +2.3% $94 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $479,000 0.0% $92 / Sq Ft
07/29/2015 07/29/15 Rented $825 0.0% --
07/29/2015 07/29/15 Under Contract -- -- --
07/21/2015 07/21/15 For Rent $825 0.0% --
06/08/2015 06/08/15 Sold $265,000 -18.5% $51 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $325,000 +80.6% $62 / Sq Ft
06/07/2013 06/07/13 Sold $180,000 -35.5% $90,000 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
09/18/2012 09/18/12 For Sale $279,000 -- $139,500 / 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 $4,603 $440,500 $104,600 $335,900
2023 $4,475 $440,500 $104,600 $335,900
2022 $4,449 $440,500 $104,600 $335,900
2021 $3,386 $280,800 $91,200 $189,600
2020 $3,327 $280,800 $91,200 $189,600
2019 $3,297 $280,800 $91,200 $189,600
2018 $3,199 $259,000 $91,200 $167,800
2017 $3,108 $259,000 $91,200 $167,800
2016 $3,108 $259,000 $91,200 $167,800
2015 $2,922 $260,200 $88,100 $172,100
2014 $2,875 $260,200 $88,100 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1261366

State-Wide MLS

APN: WEST-000047-000070