NOT LISTED FOR SALE

19 Abbey Ln Unit 10 Westerly, RI 02891

Estimated Value: $473,794 - $553,000

3 Beds
2 Baths
1,408 Sq Ft
$150/mo HOA Fee

Last Sold January 12, 2024

Last sale price $370,060 $263 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,225/month

Highlights

  • Marina
  • Under Construction
  • Deck
  • Golf Course Community
  • Active Adult
  • Wooded Lot

About This Home

As of January 2024

INCOME BASED UNIT: MUST GET QUALIFIED AT WESTERLY HOUSING!! (86K Gross Income Limit for this model) Your new lifestyle awaits you at the beautiful new development named Lathrop Farms Condominiums, off South Drive in Westerly RI. This community is age restricted, one buyer must be over 55. This unit is income based/affordable - two of these units will be built in each of the three phases. Exterior finished same as market rate. Interior builder grade finishes. Allowances given for appliances and lighting. These upscale homes provide single floor living including your master suite, large closets, open living/dining area and a second bedroom that can be used as an office. Your energy efficient low maintenance home will provide peace of mind for decades to come. Professional landscaping will be taken care of for you. Sit on your back patio and just enjoy the view of mature trees surrounding the development. Be as active as you way or just relax with newly found neighbor friends. It's just a few minutes drive to area beaches, attractions and restaurants. Downtown Westerly offers a diverse collection of eating and drinking establishments, quaint shops, art galleries and antique shops line historic downtown Westerly. Price changes yearly with RI Housing updates up to time of closing. 10% deposit becomes non refundable when framing begins. Material substitution allowed by builder due to lead times/availability.Price subject to change due to material/labor costs.

Last Agent to Sell the Property

Lori Moore

Northeast Property Group License #RES.0035303 Listed on: 01/10/2021

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Security Fence
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 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

Home Security

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 19ABBEYLANE10WEST

Community Details

Overview

  • Active Adult
  • 24 Units

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,400

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1408.0
  • Building Name: Lathrop Farms Condomin
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2021
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1408.0
  • Stories: 1
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Security
  • Lot Features: Sprinkler System, Wooded
  • Construction Type: Drywall, Masonry, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • 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: Yes
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 19ABBEYLANE10WEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Lot: 131
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Jan 12, 2024
Sold by
South Drive Dev
Bought by
Brodie Susan
Seller's Agent
Lori Moore
Northeast Property Group
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$337,290
Sold Price
$370,060
Premium/Discount to List
$32,770
9.72%
Views
150
Current Estimated Value
$519,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,139
Avg. Annual Appreciation
13.25%
Original Mortgage
$145,000
Outstanding Balance
$143,219
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,175
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
Brodie Susan $370,060 None Available
Brodie Susan $370,060 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brodie Susan $145,000
Closed Brodie Susan $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $370,060 -1.5% $263 / Sq Ft
05/09/2023 05/09/23 Price Changed $375,601 +11.4% $267 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $337,290 -- $240 / 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 $3,867 $370,000 $0 $370,000
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Moore

    Seller's Agent in 2024

    Lori Moore

    Northeast Property Group

    (401) 741-6686

    32 in this area

    49 Total Sales

    Lori Moore
    Section Image
  • Lori Joyal

    Buyer's Agent in 2024

    Lori Joyal

    Lila Delman Compass

    (401) 742-1225

    114 in this area

    227 Total Sales

    Lori Joyal
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1273094

State-Wide MLS

APN: WEST M:97 B:131 L:10

Rhode Island Washington County Westerly 02891

19 Abbey Ln Unit 10, Westerly, RI

This home is located at 19 Abbey Ln Unit 10, Westerly, RI 02891 since 10 January 2021 and is currently estimated at $519,199, approximately $368 per square foot. This property was built in 2021. 19 Abbey Ln Unit 10 is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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