NOT LISTED FOR SALE

18 Pearl St Westerly, RI 02891

Estimated Value: $494,000 - $688,000

10 Beds
4 Baths
3,103 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 19, 2017

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

Est. 99% increase in value since last sale

Current estimated payment $3,837/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
  • Heating System Uses Steam
  • 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

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
Total Days on Market
11
Current Estimated Value
$615,372

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
$271,959
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$343,413

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
9.29%
Original Mortgage
$315,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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
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 Change Sq Ft Price
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 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 $4,601 $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

  • Lynn Azzinaro

    Seller's Agent in 2017

    Lynn Azzinaro

    RE/MAX South County

    (401) 742-4584

    50 in this area

    83 Total Sales

    Lynn Azzinaro
    Section Image
  • Jon Arruda

    Buyer's Agent in 2017

    Jon Arruda

    William Pitt Sotheby's Int'l

    3 in this area

    176 Total Sales

    Jon Arruda
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1170070

State-Wide MLS

APN: WEST-000037-000007

Rhode Island Washington County Westerly 02891

18 Pearl St, Westerly, RI

This home is located at 18 Pearl St, Westerly, RI 02891 since 08 August 2017 and is currently estimated at $615,372, approximately $198 per square foot. This property was built in 1920. 18 Pearl St is a home located in Washington County with nearby schools including Westerly High School, North Stonington Christian Academy, and St. Michael School.

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