NOT LISTED FOR SALE

18 Chapman Rd Westerly, RI 02891

Estimated Value: $2,181,047 - $2,942,000

3 Beds
2 Baths
3,795 Sq Ft
$694/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $1,100,000 $290 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $14,857/month

465 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Spa
  • Water Views
  • Water Access
  • Deck

About This Home

As of January 2015

This Weekapaug home sits on a quiet corner lot 500FT from boat slips. Bright & open floor plan with 2 family rooms, eat in kitchen, fireplace, Lrg master, 2-car garage & separate apartment with kitchen & bath. 2 private beaches, tennis & salt pond.

Last Agent to Sell the Property

Chris Randall

Mott & Chace Sotheby's Intl. License #RES.0033804 Listed on: 08/31/2013

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Peter McLaughlin

WATERFRONT PROPERTIES License #RES.0015704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,648

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Workshop
  • Storage Room
  • Wood Flooring
  • Water Views
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 18CHAPMANRDWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Weekapaug Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,648

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Subdivision Name: WEEKAPAUG
  • Above Grade Finished Sq Ft: 2509.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Trash Compactor, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1286.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Wet Bar, Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s), Jetted Tub, Cable TV
  • Living Area: 3795.0
  • Dining Room Type: Bathroom, Game Room, Kitchen, Storage Room, Workshop
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows

Exterior Features

  • Lot Features: Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.0
  • Parcel #: 18CHAPMANRDWEST
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 14648.0
  • Tax Lot: 15
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2013
Closed on
Jan 9, 2015
Sold by
Shanley Philip E and Shanley Jane A
Bought by
Doherty Michael S and Doherty Mary H
Seller's Agent
Chris Randall
Mott & Chace Sotheby's Intl.
Buyer's Agent
Peter McLaughlin
WATERFRONT PROPERTIES
List Price
$1,450,000
Sold Price
$1,100,000
Premium/Discount to List
-$350,000
-24.14%
Current Estimated Value
$2,632,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,532,016
Avg. Annual Appreciation
8.25%
Original Mortgage
$755,000
Outstanding Balance
$579,815
Interest Rate
3.99%
Estimated Equity
$2,052,201
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
Doherty Michael S $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doherty Michael S $755,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2015 01/09/15 Sold $1,100,000 -24.1% $290 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
08/31/2013 08/31/13 For Sale $1,450,000 -- $382 / 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
2025 $13,291 $1,869,400 $1,288,600 $580,800
2024 $13,662 $1,392,700 $920,400 $472,300
2023 $13,398 $1,392,700 $920,400 $472,300
2022 $15,918 $1,665,100 $1,227,200 $437,900
2021 $15,718 $1,364,400 $1,014,000 $350,400
2020 $15,431 $1,364,400 $1,014,000 $350,400
2019 $15,281 $1,364,400 $1,014,000 $350,400
2018 $13,083 $1,101,300 $800,600 $300,700
2017 $12,764 $1,101,300 $800,600 $300,700
2016 $12,863 $1,101,300 $800,600 $300,700
2015 $14,239 $1,316,000 $980,500 $335,500
2014 $14,829 $1,393,700 $980,500 $413,200
Source: Public Records

Agents Affiliated with this Home

  • Chris Randall

    Seller's Agent in 2015

    Chris Randall

    Mott & Chace Sotheby's Intl.

    (857) 540-1594

    27 in this area

    61 Total Sales

    Chris Randall
    Section Image
  • Peter McLaughlin

    Buyer's Agent in 2015

    Peter McLaughlin

    WATERFRONT PROPERTIES

    (401) 792-0611

    1 in this area

    41 Total Sales

    Peter McLaughlin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1049838

State-Wide MLS

APN: WEST-000144-000015

Rhode Island Washington County Westerly 02891

18 Chapman Rd, Westerly, RI

Not Listed for Sale

Detached

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