NOT LISTED FOR SALE

23 Pasadena Ave Westerly, RI 02891

Estimated Value: $4,885,715 - $6,799,000

4 Beds
6.5 Baths
5,484 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $4,400,000 $802 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $33,966/month

59 Days on Market

Highlights

  • Marina
  • River Access
  • Wood Flooring
  • Golf Course Community
  • Waterfront
  • 2 Fireplaces

About This Home

As of August 2019

An unusual and rare opportunity that "ticks" all the boxes. This house, built in 2007 is the perfect summer time cottage as well as a great winter get away, directly located on the Pawcatuck River. 1st floor has an open plan living, dining and wonderful gourmet kitchen, bar area, den, full bath, screened porch along with an open deck over looking the river. 2nd floor; 4 bedrooms, 4 baths, laundry room and office/TV area. 3rd floor has a large bunk room/playroom, bath, widows walk and screened outside area. Sizable river front lot with its own extensive dock on a quiet street in Watch Hill. This house is being offered completely furnished.

Last Agent to Sell the Property

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 05/23/2019

Last Buyer's Agent

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 05/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,606

Year Built

  • Built in 2007

Lot Details

  • 0.85 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Finished Basement

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

Outdoor Features

  • River Access
  • Walking Distance to Water

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 23PASADENAAVWEST

Community Details

Overview

  • Watch Hill Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,606

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Subdivision Name: Watch Hill
  • Above Grade Finished Sq Ft: 3797.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1687.0
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 5484.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Dock Access, River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37026.0
  • Parcel #: 23PASADENAAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24606.0
  • Tax Lot: 16
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 20, 2019
Sold by
Cushman Robert E and Cushman Wendy M
Bought by
Puglia Marc G and Puglia Maria
Seller's Agent
Olga Goff
Olga B. Goff Real Estate
Buyer's Agent
Olga Goff
Olga B. Goff Real Estate
List Price
$4,795,000
Sold Price
$4,400,000
Premium/Discount to List
-$395,000
-8.24%
Current Estimated Value
$5,854,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,454,905
Avg. Annual Appreciation
4.58%
Original Mortgage
$3,080,000
Outstanding Balance
$2,697,511
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,157,394

Purchase Details

Closed on
Apr 29, 2003
Sold by
Knowlton Barbara
Bought by
Cushman Robert and Cushman Wendy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puglia Marc G $4,400,000 --
Cushman Robert $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puglia Marc G $3,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $4,400,000 -8.2% $802 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $4,795,000 -- $874 / 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 $40,217 $5,656,400 $4,333,500 $1,322,900
2024 $38,469 $3,921,400 $2,848,300 $1,073,100
2023 $36,582 $3,802,700 $2,729,600 $1,073,100
2022 $35,610 $3,724,900 $2,729,600 $995,300
2021 $24,699 $2,144,000 $1,322,300 $821,700
2020 $24,249 $2,144,000 $1,322,300 $821,700
2019 $24,013 $2,144,000 $1,322,300 $821,700
2018 $24,606 $2,071,200 $1,322,300 $748,900
2017 $24,005 $2,071,200 $1,322,300 $748,900
2016 $24,192 $2,071,200 $1,322,300 $748,900
2015 $23,025 $2,128,000 $1,349,600 $778,400
2014 $22,642 $2,128,000 $1,349,600 $778,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1224483

State-Wide MLS

APN: WEST-000162-000016