$2,425,000
SOLD JUN 1, 2012

2 Niantic Ave Westerly, RI 02891

5 Beds
4.5 Baths
3,236 Sq Ft
0.3 Acres

Recently Sold

$749 Per Sq Ft

31% Below List Price

316 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of June 2012

Unique opportunity in Watch Hill!! Listen to the Ocean Waves in this entirely renovated charming, classic vacation or year round home.Just a stones throw to East Beach and a short stroll to the village.One of a kind!

Last Agent to Sell the Property

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958 Listed on: 06/20/2011

Mott & Chace Sotheby's Intl.

Co-Listed By

Robert Richins

Mott & Chace Sotheby's Intl. License #RES.0017833

Last Buyer's Agent

Steve McGill

WATERFRONT PROPERTIES License #REB.0010834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,243

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,236 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Permanent Attic Stairs

Home Security

  • Security System Owned
  • Intercom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

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

$24,243

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: COLER
  • Co List Office Phone: 401-596-2390
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 3236.0
  • Architectural Style: Cabin
  • 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, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic, Permanent Attic Stairs, Storage, Cable TV
  • Living Area: 3236.0
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: Security System Owned
  • Cooling: Attic Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 2NIANTICAVWEST

Tax Info

  • Tax Annual Amount: 24243.0
  • Tax Lot: 67
  • Tax Year: 2011

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
Coleman Realtors
List Price
$4,500,000
Sold Price
$3,800,000
Premium/Discount to List
-$700,000
-15.56%
Current Estimated Value
$5,242,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,442,985
Avg. Annual Appreciation
3.52%

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $3,800,000 --
Warranty Deed $2,425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Off Market $3,800,000 -- --
09/01/2016 09/01/16 Sold $3,800,000 -15.6% $1,160 / Sq Ft View Prior Sale
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
2025 $38,288 $5,385,100 $4,540,100 $845,000
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

    11 Total Sales

    Judith Chace
    Section Image

  • D

    Buyer's Agent in 2016

    Desa Buffum

    Coleman Realtors

  • Robin Knisley

    Seller's Agent in 2012

    Robin Knisley

    Mott & Chace Sotheby's Intl.

    (401) 207-9187

    27 in this area

    35 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
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Map

Source: State-Wide MLS

MLS Number: 995356

State-Wide MLS

APN: WEST-000179-000067

Rhode Island Washington County Westerly 02891

2 Niantic Ave, Westerly, RI

Sold

Detached

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