NOT LISTED FOR SALE

22 Babcock Rd Westerly, RI 02891

Estimated Value: $525,000 - $591,740

5 Beds
1 Bath
2,289 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $120,000 $52 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $3,259/month

280 Days on Market

Highlights

  • Marina
  • Corner Lot
  • 2 Car Detached Garage
  • Deck
  • Walking Distance to Water
  • Thermal Windows

About This Home

As of February 2013

GREAT LOCATION NEAR YACHT CLUB IN QUIET NEIGHBORHOOD. GENEROUS YARD AND SPACIOUS 2 CAR GARAGE. HOUSE IN NEED OF REPAIR BEING SOLD "AS IS". SUBJECT TO LENDER APPROVAL.

Last Agent to Sell the Property

Jean Fournier

Randall, REALTORS Compass License #RES.0026455 Listed on: 04/20/2012

Last Buyer's Agent

Jean Fournier

Randall, REALTORS Compass License #RES.0026455 Listed on: 04/20/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1942

Lot Details

  • 0.5 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 2,289 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 22BABCOCKRDWEST

Community Details

Overview

  • 2 Units
  • Yacht Club Area Subdivision

Amenities

  • Shops

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,829

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Subdivision Name: YACHT CLUB AREA
  • Above Grade Finished Sq Ft: 2289.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1942
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Tankless Water Heater, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Interior Steps, Cable TV
  • Living Area: 2289.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Propane, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 22BABCOCKRDWEST
  • Zoning: R15

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2829.0
  • Tax Lot: 56
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Feb 26, 2013
Sold by
Brown Rebecca L
Bought by
Gencarelli Mario J and Gencarelli Susan M
Seller's Agent
Jean Fournier
Randall, REALTORS Compass
Buyer's Agent
Jean Fournier
Randall, REALTORS Compass
List Price
$245,000
Sold Price
$120,000
Premium/Discount to List
-$125,000
-51.02%
Current Estimated Value
$570,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,185
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Madden Donna
Bought by
Brown Rebecca

Purchase Details

Closed on
Mar 1, 2002
Sold by
Rohdin Fredrik J and Rohdin Clara
Bought by
Madden Donna

Purchase Details

Closed on
Dec 21, 1988
Sold by
Mccoy Michael
Bought by
Rohdin Fredrik
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
Gencarelli Mario J $120,000 --
Brown Rebecca $298,000 --
Madden Donna $185,000 --
Rohdin Fredrik $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rohdin Fredrik $135,000
Previous Owner Rohdin Fredrik $342,950
Previous Owner Rohdin Fredrik $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2013 02/25/13 Sold $120,000 -51.0% $52 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
04/20/2012 04/20/12 For Sale $245,000 -- $107 / 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
2025 $3,535 $454,400 $174,900 $279,500
2024 $3,461 $331,200 $125,500 $205,700
2023 $3,365 $331,200 $125,500 $205,700
2022 $3,345 $331,200 $125,500 $205,700
2021 $3,518 $291,700 $109,400 $182,300
2020 $3,457 $291,700 $109,400 $182,300
2019 $3,425 $291,700 $109,400 $182,300
2018 $3,358 $271,900 $109,400 $162,500
2017 $3,263 $271,900 $109,400 $162,500
2016 $3,263 $271,900 $109,400 $162,500
2015 $3,187 $283,800 $117,000 $166,800
2014 $3,136 $283,800 $117,000 $166,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1015381

State-Wide MLS

APN: WEST-000117-000056