NOT LISTED FOR SALE

26 Governor Ave Westerly, RI 02891

Estimated Value: $534,667 - $1,396,000

2 Beds
1 Bath
1,026 Sq Ft
$840/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $345,000 $336 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,026/month

52 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Cooling Available
  • Beach Access
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of September 2017

Welcome to the Weekapaug Terrace, the quintessential Misquamicut beach community with deeded beach rights and a boat launch for your summertime pleasure. Walk or bike to the ocean or launch your boat in Winnapaug Pond. Well cared for two nice size bedrooms, new roof, hardwood flooring, tile kitchen and bath, full basement and a cute back yard on the Weekapaug golf course. No flood insurance required. Easy to show.

Last Agent to Sell the Property

Cheryl Roireau

William Raveis Real Estate License #RES.0033424 Listed on: 06/30/2017

William Raveis Real Estate

Last Buyer's Agent

Michael Turano

Onshore Realtors License #REB.0018898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,268

Year Built

  • Built in 1967

Lot Details

  • 4,972

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Additional Features

  • 4,972 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 26GovernorAVWEST

Community Details

Overview

  • Weekapaug Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,268

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1141
  • Subdivision Name: Weekapaug
  • Above Grade Finished Sq Ft: 1026.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1967
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1026.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4972.0
  • Parcel #: 26GovernorAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3268.0
  • Tax Lot: 28
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 21, 2017
Sold by
Ferragamo Michael C and Ferragamo Shirley G
Bought by
Derrico James J and Derrico Christina M
Seller's Agent
Cheryl Roireau
William Raveis Real Estate
Buyer's Agent
Michael Turano
Onshore Realtors
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Current Estimated Value
$854,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,368
Avg. Annual Appreciation
9.66%
Original Mortgage
$276,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2004
Sold by
Valentini Rae
Bought by
Ferragamo Michael and Ferragamo Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,400
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Derrico James J $345,000 --
Derrico James J $345,000 --
Ferragamo Michael $325,500 --
Ferragamo Michael $325,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrico James J $380,000
Closed Derrico James J $276,000
Previous Owner Ferragamo Michael $144,500
Previous Owner Ferragamo Michael $260,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2017 09/21/17 Sold $345,000 -4.1% $336 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $359,900 -- $351 / 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 $4,178 $425,900 $262,400 $163,500
2023 $4,097 $425,900 $262,400 $163,500
2022 $4,072 $425,900 $262,400 $163,500
2021 $3,648 $316,700 $194,000 $122,700
2020 $3,582 $316,700 $194,000 $122,700
2019 $3,547 $316,700 $194,000 $122,700
2018 $3,324 $279,800 $194,000 $85,800
2017 $3,243 $279,800 $194,000 $85,800
2016 $3,268 $279,800 $194,000 $85,800
2015 $3,287 $303,800 $197,900 $105,900
2014 $3,232 $303,800 $197,900 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1166045

State-Wide MLS

APN: WEST-000142-000028