2 Niantic Ave Westerly, RI 02891
5
Beds
4.5
Baths
3,236
Sq Ft
0.3
Acres
Highlights
- Marina
- Beach Access
- Deck
- Water Views
- Golf Course Community
- Wood Flooring
About This Home
As of September 2016Unique 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!
Co-Listed By
Robert Richins
Mott & Chace Sotheby's Intl. License #RES.0017833
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
- Cottage
- 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
- Heating System Uses Steam
- 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
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
316
Current Estimated Value
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
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Westerly, RI
Home Values in the Area
Average Home Value in this Area
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 | 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
| 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
Source: State-Wide MLS
MLS Number: 995356
APN: WEST-000179-000067
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