$3,275,000
SOLD MAY 20, 2016

18 Wauwinnet Ave Westerly, RI 02891

5 Beds
4.5 Baths
2,742 Sq Ft
0.45 Acres

Recently Sold

$1,194 Per Sq Ft

18% Below List Price

344 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • In Ground Pool
  • Water Views
  • Water Access
  • Colonial Architecture

About This Home

As of May 2016

Beautifully sited in Watch Hill overlooking the Harbor & Napatree Pt. charming home perfectly renovated to highest standards.5 Beds/4.5 Baths,gourmet kitchen,sumptuous master suite w/waterview balcony, wraparound porch,inground pool,harbor sunsets.

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 05/11/2015

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Erin Marsh

Mott & Chace Sotheby's Intl. License #RES.0040378

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,367

Year Built

  • Built in 1867

Lot Details

  • 0.45 Acre Lot
  • Fenced
  • Sprinkler System
  • Land Lease
  • Property is zoned R43

Home Design

  • Colonial Architecture
  • Cottage
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,742 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 18WAUWINNETAVWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Watch Hill Village Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,367

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4477
  • Subdivision Name: WATCH HILL VILLAGE
  • Above Grade Finished Sq Ft: 2742.0
  • Architectural Style: Cabin/Cottage, Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1867
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Skylights, Cable TV
  • Living Area: 2742.0
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Balcony, Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Propane
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • 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: Yes
  • Lot Size Sq Ft: 19500.0
  • Parcel #: 18WAUWINNETAVWEST
  • Zoning: R43
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15367.0
  • Tax Lot: 84
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
May 20, 2016
Sold by
Obrien Eric and Obrien Caria
Bought by
Rosensweig William E and Rosensweig Judith S
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Erin Marsh
Mott & Chace Sotheby's Intl.
List Price
$3,975,000
Sold Price
$3,275,000
Premium/Discount to List
-$700,000
-17.61%
Current Estimated Value
$6,164,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,889,193
Avg. Annual Appreciation
5.81%
Original Mortgage
$2,520,000
Outstanding Balance
$1,995,880
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,511,194

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jun 17, 2014
Sold by
Los Cuatro Hermanos Ll
Bought by
Obrien Eric and Obrien Carla
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Judith Chace
Residential Properties Ltd.
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.64%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,275,000 --
Warranty Deed $1,550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,520,000 Purchase Money Mortgage
Previous Owner $99,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $3,275,000 -17.6% $1,194 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
05/11/2015 05/11/15 For Sale $3,975,000 +156.5% $1,450 / Sq Ft
06/19/2014 06/19/14 Sold $1,550,000 -2.8% $608 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $1,595,000 -- $625 / 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 $33,108 $3,374,900 $2,289,600 $1,085,300
2023 $27,964 $2,906,900 $2,081,500 $825,400
2022 $27,805 $2,908,500 $2,081,500 $827,000
2021 $27,549 $2,391,400 $1,447,300 $944,100
2020 $27,047 $2,391,400 $1,447,300 $944,100
2019 $26,784 $2,391,400 $1,447,300 $944,100
2018 $25,908 $2,180,800 $1,447,300 $733,500
2017 $25,275 $2,180,800 $1,447,300 $733,500
2016 $25,472 $2,180,800 $1,447,300 $733,500
2015 $22,653 $2,093,600 $1,341,900 $751,700
2014 $15,528 $1,459,400 $1,283,500 $175,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1095775

State-Wide MLS

APN: WEST-000179-000084