NOT LISTED FOR SALE

20 2nd St Westerly, RI 02891

Estimated Value: $923,000 - $1,229,584

2 Beds
1 Bath
1,020 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $365,000 $358 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $6,960/month

70 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Siding
  • Beach Access
  • Cottage
  • Vinyl Flooring

About This Home

As of July 2020

Sweet as can be cottage in Misquamicut Beach. This seasonal cottage has been in the same family for many years and has provided so many wonderful memories. Built in 1964 and rests on over a quarter acre corner lot and has many opportunities for rebuilding on such a terrific corner lot! The cottage has two bedrooms , a family room and a fabulous bonus room perfect for family fun or extra space for family and friends. The yard is ideal for after beach fun …barbeques.. volley ball…bocce and much more. The first time offering is just a short walk to the beach and all the fun Misquamicut has to offer

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 03/31/2020

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 03/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Parquet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 20SECONDSTWEST

Community Details

Overview

  • Misquamicut Beach Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,175

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2596
  • Subdivision Name: MISQUAMICUT BEACH
  • Above Grade Finished Sq Ft: 1020.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1964
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Parquet, Vinyl
  • Living Area: 1020.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Wood Siding, Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Individual
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11307.0
  • Parcel #: 20SECONDSTWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4175.0
  • Tax Lot: 63
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Jul 1, 2020
Sold by
Williams-Blanchard Mary L and Williams-Blanchard Williams-Boulais K
Bought by
Folsom Clayton L and Folsom Cheryl L
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Current Estimated Value
$1,133,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,146
Avg. Annual Appreciation
23.39%
Original Mortgage
$292,000
Outstanding Balance
$258,348
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$874,798
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
Folsom Clayton L $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folsom Clayton L $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $365,000 -14.1% $358 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $425,000 -- $417 / 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 $11,707 $1,646,500 $616,600 $1,029,900
2024 $7,242 $738,200 $440,700 $297,500
2023 $4,244 $441,200 $440,700 $500
2022 $4,218 $441,200 $440,700 $500
2021 $4,302 $373,400 $305,700 $67,700
2020 $4,223 $373,400 $305,700 $67,700
2019 $4,160 $371,400 $305,700 $65,700
2018 $3,923 $330,200 $277,900 $52,300
2017 $3,827 $330,200 $277,900 $52,300
2016 $3,857 $330,200 $277,900 $52,300
2015 $3,700 $342,000 $283,600 $58,400
2014 $3,639 $342,000 $283,600 $58,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1250873

State-Wide MLS

APN: WEST-000165-000063