NOT LISTED FOR SALE

25 Chapman Rd Westerly, RI 02891

Estimated Value: $2,716,000 - $3,403,000

3 Beds
1 Bath
1,144 Sq Ft
$2,622/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $750,000 $656 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $17,168/month

332 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Burning Stove
  • Beach Access
  • Deck
  • Tennis Courts

About This Home

As of January 2016

Weekapaug. It's a way of life! Two private beaches and available tennis, croquet and yacht clubs. What more could you want? This unspoiled 3 BR cottage is just waiting for your special touches to be ready for summer! Excellent rental history.

Last Agent to Sell the Property

Sally Owen

Residential Properties Ltd. License #REB.0015595 Listed on: 01/08/2015

Residential Properties Ltd.

Last Buyer's Agent

Christopher Randall

Randall Realtors Real Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,611

Year Built

  • Built in 1954

Lot Details

  • 0.39 Acre Lot
  • Property is zoned R30

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 25CHAPMANRDWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Weekapaug Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,611

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3897
  • Subdivision Name: WEEKAPAUG
  • Above Grade Finished Sq Ft: 1144.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable TV, Wood Burning Stove
  • Living Area: 1144.0
  • Stories: 1

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16976.0
  • Parcel #: 25CHAPMANRDWEST
  • Zoning: R30

Tax Info

  • Tax Annual Amount: 10611.0
  • Tax Lot: 85
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jan 6, 2016
Sold by
Munson 3Rd Paul B and Doell Judith M
Bought by
Oconnell Kevin D and Oconnell Kristina R
Seller's Agent
Sally Owen
Residential Properties Ltd.
Buyer's Agent
Christopher Randall
Randall Realtors Real Living
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Current Estimated Value
$2,999,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,249,154
Avg. Annual Appreciation
14.76%
Original Mortgage
$400,000
Outstanding Balance
$317,278
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$2,681,876
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
Oconnell Kevin D $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Kevin D $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2016 01/06/16 Sold $750,000 -11.7% $656 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $849,000 -- $742 / 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 $19,129 $2,690,400 $1,915,200 $775,200
2024 $17,998 $1,834,700 $1,243,800 $590,900
2023 $10,304 $1,071,100 $1,070,700 $400
2022 $11,258 $1,177,600 $1,070,700 $106,900
2021 $11,065 $960,500 $884,300 $76,200
2020 $10,863 $960,500 $884,300 $76,200
2019 $10,758 $960,500 $884,300 $76,200
2018 $9,543 $803,300 $736,900 $66,400
2017 $9,310 $803,300 $736,900 $66,400
2016 $9,383 $803,300 $736,900 $66,400
2015 $10,791 $997,300 $902,900 $94,400
2014 $10,611 $997,300 $902,900 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1086046

State-Wide MLS

APN: WEST-000157-000085