NOT LISTED FOR SALE

17 George St Westerly, RI 02891

Estimated Value: $514,000 - $586,000

4 Beds
2 Baths
4,932 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $321,000 $65 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,142/month

72 Days on Market

Highlights

  • Marina
  • Attic
  • Bathtub with Shower
  • Golf Course Community
  • Tennis Courts
  • Public Transportation

About This Home

As of December 2020

This multi family is an investor's dream or owner occupied home run! First floor renovated last year with tenant on first floor and second. Each floor has 2 beds and 1 bath, gas heat , town sewer and water. New 100 amp electrical service for both sides, recent gas furnace and hot water heater for first floor and on demand hot water furnace for second floor from 2012. This property comes with an oversized lot. Don't miss this opportunity for a rare multi family walking distance to downtown Westerly!

Last Agent to Sell the Property

Mark Wright

Coldwell Banker Coastal Homes License #RES.0034470 Listed on: 09/11/2020

Coldwell Banker Coastal Homes

Last Buyer's Agent

Bob Bailey

Lila Delman Compass License #RES.0027739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1890

Lot Details

  • 0.45

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,932 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service

Additional Features

  • 0.45 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 17GEORGESTWEST

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $3,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 1890

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 4932.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 17GEORGESTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3855.0

Tax Info

  • Tax Annual Amount: 2855.0
  • Tax Lot: 50
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 22, 2020
Sold by
Trombino Stano M
Bought by
Cabral Charles E
Seller's Agent
Mark Wright
Coldwell Banker Coastal Homes
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$329,000
Sold Price
$321,000
Premium/Discount to List
-$8,000
-2.43%
Current Estimated Value
$553,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,746
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Apr 6, 2001
Sold by
Penny Savage Trust and Gavitt Jean E
Bought by
Trombino Stano M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.05%
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
Cabral Charles E $321,000 None Available
Trombino Stano M $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trombino Stano M $58,000
Previous Owner Trombino Stano M $125,000
Previous Owner Trombino Stano M $108,000
Closed Trombino Stano M $20,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $321,000 -2.4% $65 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $329,000 -- $67 / 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 $3,470 $446,000 $155,500 $290,500
2024 $3,392 $324,600 $112,100 $212,500
2023 $3,298 $324,600 $112,100 $212,500
2022 $3,278 $324,600 $112,100 $212,500
2021 $3,347 $277,500 $98,000 $179,500
2020 $2,855 $240,900 $98,000 $142,900
2019 $2,828 $240,900 $98,000 $142,900
2018 $2,784 $225,400 $98,000 $127,400
2017 $2,705 $225,400 $98,000 $127,400
2016 $2,705 $225,400 $98,000 $127,400
2015 $2,594 $231,000 $99,900 $131,100
2014 $2,553 $231,000 $99,900 $131,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1264337

State-Wide MLS

APN: WEST-000067-000050

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