NOT LISTED FOR SALE

18 Pearl St Westerly, RI 02891

Estimated Value: $594,000 - $704,976

10 Beds
4 Baths
3,103 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $310,000 $100 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,826/month

11 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Bathtub with Shower
  • Beach Access
  • Tennis Courts
  • 4-minute walk to Craigs Field Park

About This Home

As of September 2017

Opportunity for investors or First Time Home Buyers. ***** This property offers 2 buildings on one legal multi-family lot with CITY WATER, SEWER and natural GAS. ***** FRONT BUILDING consists of move in ready 2 (3 bedroom, 1 bath) units with living room, eat in kitchen, and pantry. ***** REAR BUILDING consists of 2 (2 bedroom, 1 bath) units, sweat equity is required; possible total inside rehab in rear 2-family. ***** Walking distance to downtown Westerly, Wilcox Park, YMCA and Train Station.

Last Agent to Sell the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 08/08/2017

RE/MAX South County

Last Buyer's Agent

Jon Arruda

William Pitt Sotheby's Int'l License #REB.0018117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,689

Year Built

  • Built in 1920

Lot Details

  • 0.31

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,103 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater

Additional Features

  • Beach Access
  • 0.31 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 7
  • Assessor Parcel Number 18PearlSTWEST

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Downtown, Train, Ymca, Park Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,689

Year Built

Built in 1920

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Subdivision Name: Downtown, Train, YMCA, Park
  • Above Grade Finished Sq Ft: 3103.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • 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: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Oil, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13405.0
  • Parcel #: 18PearlSTWEST
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3689.0
  • Tax Lot: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Bouchard Nicholas
Bought by
Bouchard Nicholas and Bouchard Margaret
Current Estimated Value
$668,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$267,151
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$401,593

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 19, 2017
Sold by
Piccolo Anthony P and Piccolo Patrick
Bought by
Bouchard Nicholas
Seller's Agent
Lynn Azzinaro
RE/MAX South County
Buyer's Agent
Jon Arruda
William Pitt Sotheby's Int'l
List Price
$309,000
Sold Price
$310,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$315,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Bouchard Nicholas -- None Available
Bouchard Nicholas $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouchard Nicholas $304,000
Previous Owner Bouchard Nicholas $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2017 09/19/17 Sold $310,000 +0.3% $100 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $309,000 -- $100 / 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 $4,687 $602,400 $146,100 $456,300
2024 $4,601 $440,300 $104,900 $335,400
2023 $4,473 $440,300 $104,900 $335,400
2022 $4,447 $440,300 $104,900 $335,400
2021 $4,570 $378,900 $91,500 $287,400
2020 $3,778 $318,800 $91,500 $227,300
2019 $3,743 $318,800 $91,500 $227,300
2018 $3,796 $307,400 $100,500 $206,900
2017 $3,689 $307,400 $100,500 $206,900
2016 $3,689 $307,400 $100,500 $206,900
2015 $3,542 $315,400 $102,500 $212,900
2014 $3,485 $315,400 $102,500 $212,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1170070

State-Wide MLS

APN: WEST-000037-000007

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