NOT LISTED FOR SALE

2 Gravity Ct Westerly, RI 02891

Estimated Value: $580,000 - $638,000

6 Beds
3 Baths
2,378 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $285,000 $120 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,502/month

8 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cul-De-Sac
  • Golf Course Community
  • Tennis Courts
  • 5-minute walk to Wilcox Park

About This Home

As of March 2016

Investors take note! Absolutely turn key operation. All units rented and updated! Hardwoods, carpet and ceramic tile, vinyl siding, replacement windows, newer roof, separate utilities for each apartment, natural gas heat/water, city water and sewer.

Last Agent to Sell the Property

Mark Wright

Coldwell Banker Coastal Homes License #RES.0034470 Listed on: 02/11/2016

Coldwell Banker Coastal Homes

Last Buyer's Agent

MICHELLE VACCA

BEACHCOMBER REAL ESTATE License #REC.0014602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,378 Sq Ft Home
  • 3-Story Property
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 57
  • Assessor Parcel Number 2GRAVITYCTWEST

Community Details

Overview

  • 3 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: DOWNTOWN
  • Above Grade Finished Sq Ft: 2378.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2378.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 2GRAVITYCTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3002.0
  • Tax Lot: 57
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 21, 2016
Sold by
Gilmore 4Th Stiles M
Bought by
Presti Steven J
Seller's Agent
Mark Wright
Coldwell Banker Coastal Homes
Buyer's Agent
MICHELLE VACCA
BEACHCOMBER REAL ESTATE
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$607,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,511
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Tenuta John M
Bought by
Gilmore 4Th Stiles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Presti Steven J $285,000 --
Gilmore 4Th Stiles M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilmore 4Th Stiles M $168,750
Previous Owner Gilmore 4Th Stiles M $215,000
Previous Owner Gilmore 4Th Stiles M $189,000
Previous Owner Gilmore 4Th Stiles M $160,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2016 03/21/16 Sold $285,000 -1.4% $120 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $289,000 -- $122 / 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 $3,512 $336,100 $105,800 $230,300
2023 $3,415 $336,100 $105,800 $230,300
2022 $3,395 $336,100 $105,800 $230,300
2021 $3,468 $287,600 $92,000 $195,600
2020 $3,408 $287,600 $92,000 $195,600
2019 $3,376 $287,600 $92,000 $195,600
2018 $3,221 $260,800 $92,000 $168,800
2017 $3,130 $260,800 $92,000 $168,800
2016 $3,130 $260,800 $92,000 $168,800
2015 $3,002 $267,300 $93,900 $173,400
2014 $2,954 $267,300 $93,900 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Wright

    Seller's Agent in 2016

    Mark Wright

    Coldwell Banker Coastal Homes

    (401) 787-5203

    52 in this area

    97 Total Sales

    Mark Wright
    Section Image

  • M

    Buyer's Agent in 2016

    MICHELLE VACCA

    BEACHCOMBER REAL ESTATE

    (401) 348-8669

    15 in this area

    15 Total Sales

    MICHELLE VACCA
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1117651

State-Wide MLS

APN: WEST-000057-000112

Rhode Island Washington County Westerly 02891

2 Gravity Ct, Westerly, RI

This home is located at 2 Gravity Ct, Westerly, RI 02891 since 11 February 2016 and is currently estimated at $607,511, approximately $255 per square foot. This property was built in 1900. 2 Gravity Ct is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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