NOT LISTED FOR SALE

19 Cove Rd Westerly, RI 02891

Estimated Value: $919,856 - $1,225,000

3 Beds
2.5 Baths
1,882 Sq Ft
$557/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $465,000 $247 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,981/month

52 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Wood Flooring
  • Water Access
  • Cathedral Ceiling
  • Furnished

About This Home

As of September 2018

This sunny and open contemporary home features fantastic views of Winnapaug Pond and the Atlantic Ocean beyond. Just steps to the breachway and a pleasant walk to some of the areas finest beaches this is the saltiest of vacation homes. The open floor plan and generous sized rooms include an extra sleeping loft and a finished walkout basement with more than enough space to accommodate even the largest family gatherings. The expansive deck provides the perfect spot to look out over the water and to entertain family and friends. The property also has plenty of parking, a large backyard and a great outdoor shower. The property is being sold to settle an estate and is being sold in "as is" condition. The Cove Road neighborhood is located in an out-of-the-way corner on beautiful Winnapaug Pond and it offers ocean-access boating, swimming, clamming, fishing and every imaginable water sport right out your door. This close-knit community is distinctly laid back and friendly and it’s a perfect place for family vacations.

Last Agent to Sell the Property

Larry Burns

Lila Delman Compass License #RES.0041164 Listed on: 06/29/2018

Lila Delman Compass

Last Buyer's Agent

Christine Holden

Randall Realtors Real Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Property is zoned HDR-10

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Cove Road Subdivision

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 19COVERDWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,227

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2596
  • Subdivision Name: Cove Road
  • Above Grade Finished Sq Ft: 1490.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 392.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Cable TV
  • Living Area: 1882.0
  • Dining Room Type: Bathroom, Bedroom, Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11307.0
  • Parcel #: 19COVERDWEST
  • Zoning: HDR-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4227.0
  • Tax Lot: 98
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 21, 2018
Sold by
Akerley Jacques G and Goodfield Irene R
Bought by
Sutay Robert J and Sutay Betty L
Seller's Agent
Larry Burns
Lila Delman Compass
Buyer's Agent
Christine Holden
Randall Realtors Real Living
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Current Estimated Value
$1,048,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,714
Avg. Annual Appreciation
11.99%
Original Mortgage
$365,000
Outstanding Balance
$317,646
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$731,068

Purchase Details

Closed on
Dec 1, 2017
Sold by
Akerley Claire J Est
Bought by
Akerley Jacques G

Purchase Details

Closed on
Sep 7, 1993
Sold by
Barber John B
Bought by
Akerley Claire J and Bisalillon Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
7.11%
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
Sutay Robert J $465,000 --
Akerley Jacques G -- --
Akerley Claire J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutay Robert J $365,000
Previous Owner Akerley Claire J $113,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $465,000 -6.1% $247 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $495,000 -- $263 / 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 $5,510 $774,900 $429,000 $345,900
2024 $5,595 $570,300 $306,600 $263,700
2023 $5,486 $570,300 $306,600 $263,700
2022 $5,452 $570,300 $306,600 $263,700
2021 $4,927 $427,700 $222,300 $205,400
2020 $4,837 $427,700 $222,300 $205,400
2019 $4,440 $396,400 $222,300 $174,100
2018 $4,354 $366,500 $222,300 $144,200
2017 $4,227 $364,700 $222,300 $142,400
2016 $4,260 $364,700 $222,300 $142,400
2015 $4,214 $389,500 $238,300 $151,200
2014 $4,144 $389,500 $238,300 $151,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1195818

State-Wide MLS

APN: WEST-000143-000098