NOT LISTED FOR SALE

2 Reed Dr Westerly, RI 02891

Estimated Value: $1,046,000 - $1,552,337

4 Beds
2.5 Baths
3,342 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $649,900 $194 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,064/month

4 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Contemporary Architecture
  • Beach Access
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2020

Only the best will do..... This Beautiful Home was Custom-Built with all the extras in walking distance to the Atlantic Ocean. When the waves are crashing, you can hear them from your own backyard. With the nearby River, Salt Ponds and Ocean, you can Kayak, Swim, Fish, Clam or Sail. This 4 BR 2 ½ Bath home has a Large well-planned 1st Floor Master Suite with a Sitting Area, Large Master Bath with 2 Grooming areas, 2 Walk-in Closets with Built-in Storage and a nearby Home Office/Library. The Large Open-Concept Kitchen boasts top of the line Cabinets and Appliances and includes 2 Ovens, 2 Dishwashers, 2 Sink Areas and a Pantry/Wet Bar with Custom Cabinets for extra Storage. The Kitchen has easy access to Laundry Room and Large Over-sized Garage. Cathedral Ceilings, Architectural Detail, Hardwood Floors and Over-sized Rooms and Windows grace the first-floor. There is a Fireplace in the Living Room and another in the Dining Room for Cozy Nights and “Glowing” Dinner Parties. Bedroom Suite on the second level includes 3 Large Bedrooms, Full Bath and its own Sitting Area. So much to do. If you get tired of the Ocean Air.....Take advantage of the many activities in Historic Westerly.... a walk in beautifully landscaped Wilcox Park, a performance at the Granite Theatre or the Chorus of Westerly, a quiet read at the Library or a meal at one of the many Restaurants and Pubs. Easy Commute to EB, Pfizer, Casinos, Colleges and Newport and Mystic Attractions

Last Agent to Sell the Property

Ellen Kallmeyer

EXPERIENCE Real Estate License #RES.0032314 Listed on: 05/04/2020

Last Buyer's Agent

Ben Faubert

Onshore Realtors License #REC.0017150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,342 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Marble Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Permanent Attic Stairs

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessibility Features
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 2REEDDRWEST

Community Details

Overview

  • Weekapaug Heights Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,420

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4632
  • Subdivision Name: Weekapaug Heights
  • Above Grade Finished Sq Ft: 3342.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Accessibility Features
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 3342.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, Sprinkler System
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Brick, Masonry, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Other, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator, Underground
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20175.0
  • Parcel #: 2REEDDRWEST
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7420.0
  • Tax Lot: 69
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 5, 2020
Sold by
Stawecki Marion S
Bought by
Gorman Gregory M and Gorman Carla B
Seller's Agent
Ellen Kallmeyer
EXPERIENCE Real Estate
Buyer's Agent
Ben Faubert
Onshore Realtors
List Price
$649,900
Sold Price
$649,900
Current Estimated Value
$1,224,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,934
Avg. Annual Appreciation
12.03%
Original Mortgage
$509,900
Outstanding Balance
$451,842
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$772,992

Purchase Details

Closed on
May 21, 2001
Sold by
Cotter James J and Mirza James P
Bought by
Stawecki Ronald A and Stawecki Marion S

Purchase Details

Closed on
Jun 1, 1994
Sold by
Grossomanides Claire H
Bought by
Tarasevich Thomas S and Tarasevich Sandra
Source: Public Records
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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
Gorman Gregory M $649,900 None Available
Stawecki Ronald A $100,000 --
Tarasevich Thomas S $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Gregory M $509,900
Previous Owner Tarasevich Thomas S $82,500
Previous Owner Tarasevich Thomas S $130,000
Previous Owner Tarasevich Thomas S $25,000
Previous Owner Tarasevich Thomas S $318,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $649,900 0.0% $194 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $649,900 -- $194 / 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 $7,908 $1,112,300 $370,600 $741,700
2024 $8,792 $896,200 $264,700 $631,500
2023 $8,621 $896,200 $264,700 $631,500
2022 $8,417 $880,400 $264,700 $615,700
2021 $7,682 $666,800 $195,500 $471,300
2020 $7,493 $662,500 $195,500 $467,000
2019 $7,420 $662,500 $195,500 $467,000
2018 $7,320 $616,200 $195,500 $420,700
2017 $7,142 $616,200 $195,500 $420,700
2016 $7,197 $616,200 $195,500 $420,700
2015 $6,851 $633,200 $199,600 $433,600
2014 $6,737 $633,200 $199,600 $433,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1252819

State-Wide MLS

APN: WEST-000132-000069