NOT LISTED FOR SALE

20 Timothy Dr Westerly, RI 02891

Estimated Value: $1,396,000 - $1,746,000

5 Beds
5.5 Baths
3,009 Sq Ft
$530/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,250,000 $415 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,496/month

89 Days on Market

Highlights

  • River Front
  • 1 Fireplace
  • Circular Driveway
  • Colonial Architecture
  • No HOA
  • Balcony

About This Home

As of February 2022

This newly remodeled 5 bedroom Contemporary home is set in a quiet enclave between downtown Westerly and Watch Hill. The open floor plan and light filled rooms were designed to maximize the home's flow, function, and spectacular water views. All 5 bedrooms have en-suite bathrooms, one of which is on the main living level with it's own laundry, perfect for visiting relatives. The second floor has 4 large bedrooms including a brand new master suite with a luxurious master bath and a walk-out balcony deck. The attached 2 car oversized garage has extended ceiling height for boat storage and the outdoor patio area overlooks the beautifully landscaped yard. New highly efficient Navian heating and cooling systems, new mechanicals, with no flood insurance needed. Located just steps away from the Westerly Yacht Club, minutes to the RI beaches, and only a short drive to all that downtown Westerly has to offer, this home is the perfect gathering place for friends and family! Come take a look on Sun 10/10 from 11:30-1:00 or Mon 10/11 from 11:30-1:00

Last Agent to Sell the Property

Karen Hanson

Stonington Realty, LLC License #REB.0759084 Listed on: 10/08/2021

Co-Listed By

Mark Bevington

Coldwell Banker Realty License #RES.0815271

Last Buyer's Agent

Larry Burns

Compass Connecticut, LLC License #RES.0801512

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,412

Year Built

  • Built in 1980

Lot Details

  • 0.54 Acre Lot
  • River Front
  • Property is zoned R30

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 3,009 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio
  • Porch

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Bottled Gas Heating
  • Underground Utilities
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,412

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 3009
  • Total Sq Ft: 3009
  • Year Built: 1980
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Watch Hill Road to Timothy Drive #20
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Unfinished
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level, Upper Level
  • Attic: No
  • Street Number Modifier: 20

Exterior Features

  • Exterior Features: Balcony, Patio, Porch, Underground Utilities
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Waterfront Description: River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Circular

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Bottle Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.5400
  • Lot Description: Water View
  • Flood Zone: No
  • Zoning: R30

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9412
  • Total Assessed Value: 794300
  • Mil Rate Total: 11.310
  • Assessor Parcel Number: 999999999

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Feb 25, 2022
Sold by
Baratz Robert S
Bought by
Dwyer Stephen and Omalley Lauren
Seller's Agent
Karen Hanson
Stonington Realty, LLC
Buyer's Agent
Larry Burns
Compass Connecticut, LLC
List Price
$1,390,000
Sold Price
$1,250,000
Premium/Discount to List
-$140,000
-10.07%
Current Estimated Value
$1,594,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,936
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,000,000
Outstanding Balance
$930,342
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$664,594
Source: Public Records

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
Dwyer Stephen $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwyer Stephen $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,250,000 -7.4% $415 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
11/09/2021 11/09/21 Price Changed $1,350,000 -2.9% $449 / Sq Ft
10/08/2021 10/08/21 For Sale $1,390,000 -- $462 / Sq Ft
Source: SmartMLS

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 $12,483 $1,194,500 $559,000 $635,500
2023 $12,136 $1,194,500 $559,000 $635,500
2022 $12,064 $1,194,500 $559,000 $635,500
2021 $9,579 $794,300 $346,900 $447,400
2020 $9,412 $794,300 $346,900 $447,400
2019 $9,325 $794,300 $346,900 $447,400
2018 $9,396 $760,800 $346,900 $413,900
2017 $3,379 $281,600 $281,600 $0
2016 $3,379 $281,600 $281,600 $0
2015 $3,386 $301,500 $301,500 $0
2014 $3,332 $301,500 $301,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170443884

SmartMLS

APN: WEST-000117-000016A