NOT LISTED FOR SALE

2 Gull Terrace Westerly, RI 02891

Estimated Value: $606,011 - $671,000

2 Beds
2.5 Baths
1,656 Sq Ft
$386/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $392,500 $237 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,027/month

31 Days on Market

Highlights

  • Spa
  • Marble Flooring
  • Corner Lot
  • Deck
  • Attic
  • Walking Distance to Water

About This Home

As of July 2019

This light-filled 2 bedroom, 2 ½ bath updated and upgraded condo is located between downtown Westerly, and all its amazing restaurants and entertainment venues, and the beautiful beaches of Watch Hill and Misquamicut. It’s just a short distance from the Westerly Yacht Club, the pet friendly walking trails of Moores Wood Preserve and sunsets over the Pawcatuck River.Walk in the front door and enter a large open living room dining area and adjacent sun room. A granite peninsula separates the dining area from the fully remodeled galley style kitchen featuring Apple Valley cabinets, granite countertops and tile backsplash. A first-floor guest bath is conveniently located adjacent to the kitchen and living room area. Head upstairs, where you will find a large loft, a guest bedroom and full bath. Continue down a short hallway to the oversized master suite featuring a large walk in closet outfitted with shelving by California Closets, and laundry area. The master bath is complete with marble flooring, a double vanity and built in Jacuzzi tub.This beautiful condominium is laid out perfectly for entertaining.With the push of a button enjoy sitting by the beautiful gas fireplace or step onto the heated floors of the light filled sun room. Continue outside to the adjacent deck and enjoy a barbecue in your very private and well landscaped back yard. This home truly is move in ready. City water/sewer and connected to natural gas, pet friendly, furnishings are negotiable.

Last Agent to Sell the Property

Michael Lamb

Keller Williams Coastal License #RES.0043757 Listed on: 05/01/2019

Keller Williams Coastal

Last Buyer's Agent

Bill Holliday

Coldwell Banker Coastal Homes License #RES.0030138

Coldwell Banker Coastal Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,791

Year Built

  • Built in 1989

Lot Details

  • Cul-De-Sac
  • Electric Fence
  • Sprinkler System

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Security System Owned
  • Attic
  • Unfinished Basement

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17A / 40
  • Assessor Parcel Number 2GULLTERWEST

Community Details

Overview

  • Westerly Yacht Club/Riverben Subdivision

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,791

Year Built

Built in 1989

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Westerly Yacht Club/Riverben
  • Above Grade Finished Sq Ft: 1656.0
  • Building Name: Captains Watch
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1656.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Electric
  • Lot Features: Corner Lot, Cul-De-Sac, Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator, Underground
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 2GULLTERWEST
  • Zoning: RES COND
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3791.45
  • Tax Block: 40
  • Tax Lot: 17A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 2, 2019
Sold by
Heidi E Grillo T
Bought by
Fain John R and Fain Beth E
Seller's Agent
Michael Lamb
Keller Williams Coastal
Buyer's Agent
Bill Holliday
Coldwell Banker Coastal Homes
List Price
$399,900
Sold Price
$392,500
Premium/Discount to List
-$7,400
-1.85%
Current Estimated Value
$639,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,253
Avg. Annual Appreciation
7.87%
Original Mortgage
$314,000
Outstanding Balance
$275,523
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$364,230

Purchase Details

Closed on
Jun 30, 2008
Sold by
Grillo Heidi
Bought by
Heidi Grillo T and Grillo Hiedi

Purchase Details

Closed on
Jan 17, 1995
Sold by
Sullivan John F and Sullivan Irene
Bought by
Wells William L and Wells Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
9.23%
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
Fain John R $392,500 --
Heidi Grillo T -- --
Wells William L $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fain John R $314,000
Previous Owner Wells William L $45,000
Previous Owner Wells William L $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $392,500 -1.9% $237 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $399,900 -- $241 / 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 $4,046 $520,000 $0 $520,000
2024 $5,030 $481,300 $0 $481,300
2023 $4,890 $481,300 $0 $481,300
2022 $4,861 $481,300 $0 $481,300
2021 $4,455 $369,400 $0 $369,400
2020 $4,377 $369,400 $0 $369,400
2019 $4,337 $369,400 $0 $369,400
2018 $3,791 $307,000 $0 $307,000
2017 $3,684 $307,000 $0 $307,000
2016 $3,684 $307,000 $0 $307,000
2015 $3,576 $318,400 $0 $318,400
2014 $3,475 $314,500 $0 $314,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1222010

State-Wide MLS

APN: WEST-000107-000040-000017A