NOT LISTED FOR SALE

25 Ocean View Hwy Westerly, RI 02891

Estimated Value: $3,242,000

5 Beds
6 Baths
7,347 Sq Ft
$441/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $11,000,000 $1,497 Per Sq Ft

Current estimated payment $21,216/month

99 Days on Market

Highlights

  • Ocean Front
  • 2 Acre Lot
  • Wood Flooring
  • Guest House
  • Deck
  • 2 Fireplaces

About This Home

As of October 2017

Entered for comparable sold purposes only.

Last Listed By

Elizabeth Douthit

Residential Properties Ltd. License #RES.0024659 Listed on: 05/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,316

Year Built

  • Built in 1996

Lot Details

  • 2 Acre Lot
  • Ocean Front

Parking

  • 3 Car Attached Garage

Home Design

  • Cottage
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Guest House

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 25OceanViewHWYWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,316

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Above Grade Finished Sq Ft: 6236.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1111.0
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 7347.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 11.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 25OceanViewHWYWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 107316.0
  • Tax Lot: 24
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Oct 6, 2017
Sold by
Qprt Evy E Lynch
Bought by
25 Ocean View Hwy Llc
Seller's Agent
Elizabeth Douthit
Residential Properties Ltd.
Buyer's Agent
Trevor Ainsworth
eXp Realty
List Price
$11,000,000
Sold Price
$11,000,000
Total Days on Market
99
Current Estimated Value
$3,242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,758,000
Avg. Annual Appreciation
-7.98%

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
25 Ocean View Hwy Llc -- --
25 Ocean View Hwy Llc $11,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $11,000,000 0.0% $1,497 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $11,000,000 -- $1,497 / 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 $120,950 $12,329,300 $9,643,700 $2,685,600
2023 $118,608 $12,329,300 $9,643,700 $2,685,600
2022 $117,868 $12,329,300 $9,643,700 $2,685,600
2021 $119,299 $10,355,800 $7,769,000 $2,586,800
2020 $117,124 $10,355,800 $7,769,000 $2,586,800
2019 $115,985 $10,355,800 $7,769,000 $2,586,800
2018 $118,235 $9,952,400 $7,769,000 $2,183,400
2017 $109,588 $9,455,400 $7,769,000 $1,686,400
2016 $110,340 $9,446,900 $7,769,000 $1,677,900
2015 $96,403 $8,909,700 $7,205,800 $1,703,900
2014 $94,799 $8,909,700 $7,205,800 $1,703,900
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Douthit

    Seller's Agent in 2017

    Elizabeth Douthit

    Residential Properties Ltd.

    (203) 962-3424

    7 in this area

    14 Total Sales

    Elizabeth Douthit
    Section Image

  • T

    Buyer's Agent in 2017

    Trevor Ainsworth

    eXp Realty

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Map

Source: State-Wide MLS

MLS Number: 1173700

State-Wide MLS

APN: WEST-000180-000024

Rhode Island Washington County Westerly 02891

25 Ocean View Hwy, Westerly, RI

Homes for Sale in Westerly, RI

This home is located at 25 Ocean View Hwy, Westerly, RI 02891 since 30 May 2017 and is currently estimated at $3,242,000, approximately $441 per square foot. This property was built in 1996. 25 Ocean View Hwy is a home located in Washington County with nearby schools including Westerly High School.

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