Seller's Agent in 2025
Michelle Hallamore
BHHS New England Properties
(401) 741-3075
8 in this area
50 Total Sales
2 Abbey Ln Westerly, RI 02891
3
Beds
2.5
Baths
2,322
Sq Ft
$400/mo
HOA Fee
Highlights
- Marina
- Water Access
- Wood Flooring
- Golf Course Community
- Active Adult
- Tennis Courts
About This Home
As of October 2025Elegantly appointed home, thoughtfully enhanced with numerous high-end upgrades. The main level features a gracious entry foyer, an open-concept living room, designer kitchen, a sun-lit dining area, a spacious primary suite complete with an L-shaped walk-in shower. Additional highlights include a versatile office or den and a covered porch with retractable screen extending from the living area perfect for relaxation or entertaining. 2 Abbey Lane is one of the few residences in Lathrop Farms offering a fully finished second floor, which includes two additional bedrooms, a generous media or family room, and a beautifully appointed full bath. Meticulously maintained by its original owners over the past five years, this home reflects pride of ownership throughout. Ideally situated just off East Avenue and minutes from Watch Hill, Misquamicut Beaches, downtown Westerly, and an array of fine dining and shopping options. Move-in ready and nestled within a 55+ age-restricted condominium community, this exceptional property offers both comfort and convenience in an idyllic setting. ** DEFERRED SHOWINGS UNTIL 8/28 at 3:00 pm **
Last Agent to Sell the Property
BHHS New England Properties License #REB.0013037 Listed on: 08/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,120
Year Built
- Built in 2018
Lot Details
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $400 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Assigned Parking
Home Design
- Entry on the 1st floor
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,322 Sq Ft Home
- 2-Story Property
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Additional Features
- Water Access
- Property near a hospital
Listing and Financial Details
- Legal Lot and Block 24 / 131
- Assessor Parcel Number 2ABBEYLANEWEST
Community Details
Overview
- Active Adult
- Association fees include insurance, ground maintenance, snow removal
- 24 Units
- East Ave Subdivision
Amenities
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2025
Closed on
Oct 21, 2025
Sold by
Berscheid Russell
Bought by
Sullivan Paul F and Sullivan Karen A
Seller's Agent
Michelle Hallamore
BHHS New England Properties
Buyer's Agent
Brenda Pelt
BHHS New England Properties
List Price
$899,900
Sold Price
$899,900
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.43%
Original Mortgage
$806,000
Outstanding Balance
$806,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,787
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $899,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $806,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2025 10/25/25 | Off Market | $899,900 | -- | -- | |
| 10/21/2025 10/21/25 | Sold | $899,900 | 0.0% | $388 / Sq Ft | |
| 10/09/2025 10/09/25 | Pending | -- | -- | -- | |
| 08/25/2025 08/25/25 | For Sale | $899,900 | +62.1% | $388 / Sq Ft | |
| 09/29/2020 09/29/20 | Sold | $555,000 | +8.8% | $239 / Sq Ft | View Prior Sale |
| 08/30/2020 08/30/20 | Pending | -- | -- | -- | |
| 05/16/2019 05/16/19 | For Sale | $510,000 | -- | $220 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,074 | $780,700 | $0 | $780,700 |
| 2024 | $5,641 | $539,800 | $0 | $539,800 |
| 2023 | $5,484 | $539,800 | $0 | $539,800 |
| 2022 | $5,452 | $539,800 | $0 | $539,800 |
| 2021 | $5,897 | $489,000 | $0 | $489,000 |
| 2020 | $5,902 | $498,100 | $0 | $498,100 |
| 2019 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Hallamore
-
Brenda Pelt
Buyer's Agent in 2025
Brenda Pelt
BHHS New England Properties
(860) 961-7887
1 in this area
18 Total Sales
-
Lori Moore
Seller's Agent in 2020
Lori Moore
Northeast Property Group
(401) 741-6686
34 in this area
51 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1393344
APN: 97 131 24
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