NOT LISTED FOR SALE

19 Nichols Ln Westerly, RI 02891

Estimated Value: $325,000 - $386,113

3 Beds
1 Bath
1,060 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $252,000 $238 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,200/month

5 Days on Market

Highlights

  • Marina
  • Under Construction
  • Attic
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2024

Investors take notice!! 19 Nichols Lane has been gutted to the studs! With a vision and work, this split level could be a quaint home in Westerly's north end. It has 3 nice-sized bedrooms, a bathroom, living/kitchen area, laundry/mudroom, and recreational room. It has a 1-car garage, private backyard, and mechanicals are in place (some newer windows, brand new hot water heater, updated electrical, and original hardwood floors). Property is connected to city water, sewer, and gas. This transaction must be a cash deal or rehab loan.

Last Agent to Sell the Property

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 03/14/2024

Co-Listed By

Jacob Lamb

Sold By Michaela LLC License #RES.0043194

Last Buyer's Agent

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1959 | Under Construction

Lot Details

  • 7,405

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Fixer Upper
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Storm Doors
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

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

Additional Features

  • 7,405 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 19NICHOLSLANEWEST

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 1959 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: SOLD
  • Co List Office Phone: 401-935-3390
  • Inclusions: See attached.
  • Above Grade Finished Sq Ft: 1060.0
  • Architectural Style: Split-Level
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 1959
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 1060.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction, Fixer

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 19NICHOLSLANEWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2335.0
  • Tax Lot: 105
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 5, 2024
Sold by
Poulin Susanne L and Poulin Richard
Bought by
Iab Llc
Seller's Agent
Michaela Lamb
Sold By Michaela LLC
Buyer's Agent
Michaela Lamb
Sold By Michaela LLC
List Price
$275,000
Sold Price
$252,000
Premium/Discount to List
-$23,000
-8.36%
Views
79
Current Estimated Value
$362,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,028
Avg. Annual Appreciation
12.69%
Original Mortgage
$376,480
Outstanding Balance
$372,581
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$77,170
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
Iab Llc $252,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iab Llc $376,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $252,000 -8.4% $238 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $275,000 -- $259 / 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 $2,401 $229,800 $109,300 $120,500
2023 $2,335 $229,800 $109,300 $120,500
2022 $2,321 $229,800 $109,300 $120,500
2021 $2,224 $184,400 $95,100 $89,300
2020 $2,185 $184,400 $95,100 $89,300
2019 $2,165 $184,400 $95,100 $89,300
2018 $2,175 $176,100 $95,100 $81,000
2017 $2,113 $176,100 $95,100 $81,000
2016 $2,113 $176,100 $95,100 $81,000
2015 $1,915 $170,500 $97,000 $73,500
2014 $1,884 $170,500 $97,000 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1354681

State-Wide MLS

APN: WEST-000018-000105