NOT LISTED FOR SALE

2 Niantic Ave Westerly, RI 02891

Estimated Value: $2,507,000 - $6,476,000

6 Beds
4.5 Baths
3,277 Sq Ft
$1,330/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $3,800,000 $1,160 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $27,156/month

108 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Cathedral Ceiling
  • Water Views
  • Deck
  • Wood Flooring

About This Home

As of September 2016

Classic shingle style Watch Hill home. Beautiful ocean & beach views from every floor. Steps East Beach, walk to Ocean House. Porch on each level for dining/enjoying view. 6Beds/4.5 baths, lg kitchen, 5 fireplaces,plenty of room for family & friends!

Last Listed By

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 04/15/2016

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,936

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned R43

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,277 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 5 Fireplaces
  • Fireplace Features Masonry
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Parking

  • 10 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 2NIANTICAVWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Watch Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,936

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.2984
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 3277.0
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Other Equipment: Intercom
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 3277.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Combination
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13000.0
  • Parcel #: 2NIANTICAVWEST
  • Zoning: R43
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25936.0
  • Tax Lot: 67
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 1, 2016
Sold by
Ambrose David and Ambrose Kimberly
Bought by
John J Oliveri Ret
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Desa Buffum
Mott & Chace Sotheby's Intl.
List Price
$4,500,000
Sold Price
$3,800,000
Premium/Discount to List
-$700,000
-15.56%
Total Days on Market
108
Current Estimated Value
$4,357,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,566
Avg. Annual Appreciation
5.25%

Purchase Details

Listed on
Jun 20, 2011
Closed on
Jun 1, 2012
Sold by
Clarke Roberta P
Bought by
Ambrose Kimberly and Ambrose David
Seller's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
Buyer's Agent
Steve McGill
WATERFRONT PROPERTIES
List Price
$3,500,000
Sold Price
$2,425,000
Premium/Discount to List
-$1,075,000
-30.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$1,500,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

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
John J Oliveri Ret $3,800,000 --
Ambrose Kimberly $2,425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambrose Kimberly $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $3,800,000 -15.6% $1,160 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $4,500,000 +85.6% $1,373 / Sq Ft
06/01/2012 06/01/12 Sold $2,425,000 -30.7% $749 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
06/20/2011 06/20/11 For Sale $3,500,000 -- $1,082 / 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 $35,958 $3,665,400 $2,972,900 $692,500
2023 $35,261 $3,665,400 $2,972,900 $692,500
2022 $35,041 $3,665,400 $2,972,900 $692,500
2021 $35,753 $3,103,600 $2,585,500 $518,100
2020 $35,102 $3,103,600 $2,585,500 $518,100
2019 $34,760 $3,103,600 $2,585,500 $518,100
2018 $30,100 $2,533,700 $2,125,900 $407,800
2017 $29,189 $2,518,500 $2,125,900 $392,600
2016 $29,416 $2,518,500 $2,125,900 $392,600
2015 $25,936 $2,397,000 $1,970,900 $426,100
2014 $25,504 $2,397,000 $1,970,900 $426,100
Source: Public Records

Agents Affiliated with this Home

  • Judith Chace

    Seller's Agent in 2016

    Judith Chace

    Mott & Chace Sotheby's Intl.

    (401) 207-9166

    22 Total Sales

    Judith Chace
    Section Image
  • Desa Buffum

    Buyer's Agent in 2016

    Desa Buffum

    Mott & Chace Sotheby's Intl.

    (401) 741-2809

    20 in this area

    35 Total Sales

    Desa Buffum
    Section Image
  • Robin Knisley

    Seller's Agent in 2012

    Robin Knisley

    Mott & Chace Sotheby's Intl.

    (401) 207-9187

    33 in this area

    42 Total Sales

    Robin Knisley
    Section Image

  • R

    Seller Co-Listing Agent in 2012

    Robert Richins

    Mott & Chace Sotheby's Intl.

  • Steve McGill

    Buyer's Agent in 2012

    Steve McGill

    WATERFRONT PROPERTIES

    (401) 529-0468

    3 in this area

    30 Total Sales

    Steve McGill
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1123062

State-Wide MLS

APN: WEST-000179-000067

Rhode Island Washington County Westerly 02891

2 Niantic Ave, Westerly, RI

Homes for Sale in Westerly, RI

This home is located at 2 Niantic Ave, Westerly, RI 02891 since 15 April 2016 and is currently estimated at $4,357,566, approximately $1,329 per square foot. This property was built in 1890. 2 Niantic Ave is a home located in Washington County with nearby schools including Westerly High School.

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