NOT LISTED FOR SALE

25 Westminster St Westerly, RI 02891

Estimated Value: $514,000 - $670,234

7 Beds
3 Baths
5,668 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2021

Last sale price $367,000 $65 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,468 / mo

13 Days on Market

Highlights

  • Marina
  • Public Transportation
  • Property near a hospital
  • Wood Flooring
  • Shops
  • Central Heating

About This Home

As of December 2021

3 family home centrally located on a low maintenance lot. The first and second floor apartments offer generous living space and consist of 3BR, 1BA, kitchen, living room and an office. 3rd floor is a 1BR, 1BA loft style apartment. Highlights include hardwood floors, walkout basement, city gas, city water and city sewer. Within walking distance to historic downtown Westerly and the many activities it has to offer - a stroll in Wilcox Park, a performance at Granite Theatre or United Theatre, a meal at one of the restaurants downtown, shopping and more.

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 10/30/2021

Last Buyer's Agent

Brett Read

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1920

Lot Details

  • 10,019

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,668 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 10,019 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 25WESTMINSTERSTWEST

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,618

Year Built

Built in 1920

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Above Grade Finished Sq Ft: 5668.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding, Other
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 25WESTMINSTERSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3618.0
  • Tax Lot: 66
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 13, 2021
Sold by
Bought by
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Brett Read
List Price
$350,000
Sold Price
$367,000
Premium/Discount to List
$17,000
4.86%
Current Estimated Value
$584,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,989
Avg. Annual Appreciation
10.78%
Original Mortgage
$275,250
Interest Rate
0.0314%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$367,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $275,250
Closed $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $367,000 +4.9% $65 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $350,000 -- $62 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,913 $502,900 $152,900 $350,000
2024 $3,389 $324,300 $109,500 $214,800
2023 $3,295 $324,300 $109,500 $214,800
2022 $3,275 $324,300 $109,500 $214,800
2021 $3,682 $305,300 $95,400 $209,900
2020 $3,618 $305,300 $95,400 $209,900
2019 $3,584 $305,300 $95,400 $209,900
2018 $3,426 $277,400 $95,400 $182,000
2017 $3,329 $277,400 $95,400 $182,000
2016 $3,329 $277,400 $95,400 $182,000
2015 $3,223 $287,000 $97,300 $189,700
2014 $3,171 $287,000 $97,300 $189,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1296112

State-Wide MLS

APN: WEST-000077-000066

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