NOT LISTED FOR SALE

2 Memory Ln Westerly, RI 02891

Estimated Value: $463,000 - $583,000

2 Beds
3 Baths
2,563 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $110,000 $43 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $2,973/month

344 Days on Market

Highlights

  • Marina
  • Wood Burning Stove
  • 3 Fireplaces
  • Golf Course Community
  • Attic
  • Corner Lot

About This Home

As of August 2012

Investors take notice! Spacious ranch on a corner lot with 3 gorgeous granite fireplaces and outside stone walls. Possible in-law apt. Lower level has a walkout. Needs work. Great starter or investment home. USDA eligible.

Last Agent to Sell the Property

Anne Fox

Keller Williams Coastal License #REB.0018269 Listed on: 08/22/2011

Keller Williams Coastal

Last Buyer's Agent

Anne Fox

Keller Williams Coastal License #REB.0018269 Listed on: 08/22/2011

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Plaster

Interior Spaces

  • 1-Story Property
  • 3 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 2MEMORYLANEWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Post Road Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,416

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2525
  • Subdivision Name: POST ROAD
  • Above Grade Finished Sq Ft: 1795.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4108
  • Stories: 1

Interior Features

  • Appliances: Dryer, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Permanent Attic Stairs, Cable TV, Wood Burning Stove
  • Living Area: 2563.0
  • Stories: 1

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Brick
  • Exterior Features: Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 11000.0
  • Parcel #: 2MEMORYLANEWEST
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 2416.0
  • Tax Lot: 7
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2011
Closed on
Aug 31, 2012
Sold by
Lacerte Mary L
Bought by
Chesmore Eliana C
Seller's Agent
Anne Fox
Keller Williams Coastal
Buyer's Agent
Anne Fox
Keller Williams Coastal
List Price
$224,900
Sold Price
$110,000
Premium/Discount to List
-$114,900
-51.09%
Current Estimated Value
$517,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,510
Avg. Annual Appreciation
12.42%
Original Mortgage
$88,000
Outstanding Balance
$60,646
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$456,864
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
Chesmore Eliana C $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chesmore Eliana C $88,000
Previous Owner Chesmore Eliana C $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $110,000 -51.1% $43 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
08/22/2011 08/22/11 For Sale $224,900 -- $88 / 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 $2,878 $404,800 $155,100 $249,700
2024 $3,100 $316,000 $110,800 $205,200
2023 $3,040 $316,000 $110,800 $205,200
2022 $3,021 $316,000 $110,800 $205,200
2021 $2,843 $246,800 $96,400 $150,400
2020 $2,791 $246,800 $96,400 $150,400
2019 $2,764 $246,800 $96,400 $150,400
2018 $2,500 $210,400 $96,400 $114,000
2017 $2,439 $210,400 $96,400 $114,000
2016 $2,457 $210,400 $96,400 $114,000
2015 $2,431 $224,700 $98,400 $126,300
2014 $2,391 $224,700 $98,400 $126,300
Source: Public Records

Agents Affiliated with this Home

  • Anne Fox

    Seller's Agent in 2012

    Anne Fox

    Keller Williams Coastal

    (401) 741-3963

    32 in this area

    65 Total Sales

    Anne Fox
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Map

Source: State-Wide MLS

MLS Number: 999956

State-Wide MLS

APN: WEST-000111-000007

Rhode Island Washington County Westerly 02891

2 Memory Ln, Westerly, RI

Not Listed for Sale

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