NOT LISTED FOR SALE

19 Greenman Ave Westerly, RI 02891

Estimated Value: $511,000 - $715,231

8 Beds
2 Baths
4,776 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $260,000 $54 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,378/month

25 Days on Market

Highlights

  • Marina
  • River Access
  • Wood Flooring
  • Golf Course Community
  • 0.88 Acre Lot
  • Attic

About This Home

As of May 2020

This unique duplex is centrally located, with six-bedrooms and a detached three car garage. The 38,000+ SF lot sits between Beach Street and the Pawcatuck River and Marinas. With local rent increasing 5% over the past five years, rentals are at a premium and downtown Westerly attracts qualified tenants from the casinos and Electric Boat, among others.  Our open ocean beaches and vibrant downtown with its many shops and restaurants make this a long term and sought after destination.

Last Agent to Sell the Property

Chris Randall

Mott & Chace Sotheby's Intl. License #RES.0033804 Listed on: 04/12/2020

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Christopher Randall

Randall Realtors Real Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 1900

Lot Details

  • 0.88

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,776 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • 0.88 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 19.5GREENMANAVWEST

Community Details

Overview

  • 2 Units
  • Beach Street Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Building Details

  • Operating Expense $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,216

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.88
  • Subdivision Name: Beach Street
  • Above Grade Finished Sq Ft: 4776.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38333.0
  • Parcel #: 19.5GREENMANAVWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3800.0

Tax Info

  • Tax Annual Amount: 3216.0
  • Tax Lot: 62
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jun 30, 2017
Sold by
Wahrenburg Margitta G
Bought by
Correa Daniel Q
Seller's Agent
Denise Fusaro
BHHS New England Properties
Buyer's Agent
Daniel Correa
Keller Williams Coastal
List Price
$399,000
Sold Price
$354,000
Premium/Discount to List
-$45,000
-11.28%
Current Estimated Value
$580,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,558
Avg. Annual Appreciation
5.98%
Original Mortgage
$345,624
Outstanding Balance
$279,731
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$300,827

Purchase Details

Closed on
Apr 5, 1979
Bought by
Wahrenburg Margitta G
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
Correa Daniel Q $354,000 --
Wahrenburg Margitta G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Daniel Q $345,624
Previous Owner Wahrenburg Margitta G $190,000
Previous Owner Wahrenburg Margitta G $50,000
Previous Owner Wahrenburg Margitta G $125,000
Previous Owner Wahrenburg Margitta G $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2020 05/08/20 Sold $260,000 -6.8% $54 / Sq Ft
04/12/2020 04/12/20 For Sale $279,000 -21.2% $58 / Sq Ft
06/30/2017 06/30/17 Sold $354,000 -11.3% $121 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $399,000 -- $136 / 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 $4,028 $517,700 $160,300 $357,400
2024 $3,917 $374,800 $114,800 $260,000
2023 $3,808 $374,800 $114,800 $260,000
2022 $3,785 $374,800 $114,800 $260,000
2021 $3,856 $319,700 $99,900 $219,800
2020 $3,788 $319,700 $99,900 $219,800
2019 $3,753 $319,700 $99,900 $219,800
2018 $3,572 $289,200 $99,900 $189,300
2017 $3,470 $289,200 $99,900 $189,300
2016 $3,470 $289,200 $99,900 $189,300
2015 $3,327 $296,300 $101,900 $194,400
2014 $3,274 $296,300 $101,900 $194,400
Source: Public Records

Agents Affiliated with this Home

  • Chris Randall

    Seller's Agent in 2020

    Chris Randall

    Mott & Chace Sotheby's Intl.

    (857) 540-1594

    27 in this area

    62 Total Sales

    Chris Randall
    Section Image

  • C

    Buyer's Agent in 2020

    Christopher Randall

    Randall Realtors Real Living

  • Denise Fusaro

    Seller's Agent in 2017

    Denise Fusaro

    BHHS New England Properties

    (401) 265-9148

    23 in this area

    61 Total Sales

    Denise Fusaro
    Section Image

  • D

    Buyer's Agent in 2017

    Daniel Correa

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1251523

State-Wide MLS

APN: WEST-000076-000061

Rhode Island Washington County Westerly 02891

19 Greenman Ave, Westerly, RI

Not Listed for Sale

MultiFamily

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