NOT LISTED FOR SALE

22 Spring St Westerly, RI 02891

Estimated Value: $624,000 - $808,000

8 Beds
4 Baths
2,705 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $561,000 $207 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,988/month

4 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Window Unit Cooling System
  • Shops

About This Home

As of January 2024

* Please submit offers by 4pm on Wednesday January 10th. Nice three-family on a beautiful tree lined street in Westerly just a short walk to Main Street and Downtown. Newer roof, vinyl siding, freshly painted front porch and some mechanical updates make this property worry free and easy to maintain. Three bay carport in back for parking and/or additional storage. Each unit separately metered for gas & electric. Excellent tenants in place on month to month leases. Rents below market.

Last Agent to Sell the Property

Josh Birrell

Century 21 Guardian Realty Brokerage Phone: 401-515-5531 License #RES.0043312 Listed on: 01/06/2024

Century 21 Guardian Realty

Last Buyer's Agent

Kris Whelan

Switz Real Estate Associates License #REB.0015985

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 3 Car Detached Garage
  • Carport

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,705 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 6,970 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 22SPRINGSTWEST

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,252

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Inclusions: Shared Driveway
  • Above Grade Finished Sq Ft: 2705.0
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Attribution Contact: 401-515-5531
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Carport, Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 22SPRINGSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4252.0
  • Tax Lot: 48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Ocean Hotel Partenrs Llc
Bought by
Oh Westerly Housing Llc
Current Estimated Value
$684,864

Purchase Details

Listed on
Jan 6, 2024
Closed on
Jan 24, 2024
Sold by
Birrell Josh and Birrell Catherine
Bought by
Ocean House Hotel Partyne
Seller's Agent
Josh Birrell
Century 21 Guardian Realty
Buyer's Agent
Kris Whelan
Switz Real Estate Associates
List Price
$525,000
Sold Price
$561,000
Premium/Discount to List
$36,000
6.86%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 30, 2020
Sold by
Carocari Benjamin and Carocari Jillian C
Bought by
Birrell Josh and Birrell Catherine
Seller's Agent
Mark Wright
Coldwell Banker Coastal Homes
Buyer's Agent
Josh Birrell
Century 21 Guardian Realty
List Price
$425,000
Sold Price
$367,500
Premium/Discount to List
-$57,500
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%
Original Mortgage
$275,625
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2018
Sold by
Carocari Benjamin
Bought by
Carocari Benjamin and Long Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 27, 2014
Closed on
Oct 16, 2014
Sold by
22 Spring Street Llc
Bought by
Carocari Benjamin
Seller's Agent
Donald Geehan
Compass
Buyer's Agent
Mark Wright
Coldwell Banker Coastal Homes
List Price
$299,000
Sold Price
$270,500
Premium/Discount to List
-$28,500
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Apr 20, 2012
Sold by
22 Spring Street Llc
Bought by
Saint Eloise A and Saint Eric B

Purchase Details

Closed on
Jan 10, 2003
Sold by
Perrone Anthony J Est and Kimball
Bought by
Saint Eric B
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
Oh Westerly Housing Llc -- --
Oh Westerly Housing Llc -- --
Ocean House Hotel Partyne $561,000 None Available
Ocean House Hotel Partyne $561,000 None Available
Birrell Josh $367,500 None Available
Birrell Josh $367,500 None Available
Carocari Benjamin -- --
Carocari Benjamin -- --
Carocari Benjamin $270,500 --
Carocari Benjamin $270,500 --
Saint Eloise A -- --
Saint Eloise A -- --
Saint Eric B $190,000 --
Saint Eric B $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birrell Josh $275,625
Previous Owner Carocari Benjamin $240,000
Previous Owner Saint Eric B $50,000
Previous Owner Saint Eric B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $561,000 +6.9% $207 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $525,000 0.0% $194 / Sq Ft
07/31/2022 07/31/22 Rented $1,150 0.0% --
07/26/2022 07/26/22 For Rent $1,150 0.0% --
01/08/2021 01/08/21 Sold $367,500 -13.5% $80 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $425,000 +57.1% $92 / Sq Ft
10/16/2014 10/16/14 Sold $270,500 -9.5% $111 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $299,000 -- $122 / 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
2024 $4,286 $410,100 $103,200 $306,900
2023 $4,102 $403,700 $103,200 $300,500
2022 $4,077 $403,700 $103,200 $300,500
2021 $3,443 $285,500 $89,800 $195,700
2020 $3,383 $285,500 $89,800 $195,700
2019 $3,352 $285,500 $89,800 $195,700
2018 $3,257 $263,700 $89,800 $173,900
2017 $3,164 $263,700 $89,800 $173,900
2016 $3,164 $263,700 $89,800 $173,900
2015 $3,112 $277,100 $91,600 $185,500
2014 $2,985 $270,100 $91,600 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1349791

State-Wide MLS

APN: WEST-000067-000048