NOT LISTED FOR SALE

26 Pond St Westerly, RI 02891

Estimated Value: $317,000 - $490,000

5 Beds
3 Baths
2,318 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $270,000 $116 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,156/month

16 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Bathtub with Shower
  • Golf Course Community
  • Tennis Courts
  • Public Transportation

About This Home

As of June 2023

Your chance to own a true 3 family in Westerly. Home is occupied by tenants, will need notice. Home will not go FHA/VA. Electric updated and separate for each unit, hot water heaters separate, and separate heat as well. House has town water, sewer and gas. This is located on a large over sized lot with room to add accessory building/garage etc.

Last Agent to Sell the Property

Mark Wright

Coldwell Banker Coastal Homes License #RES.0034470 Listed on: 04/14/2023

Coldwell Banker Coastal Homes

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #REB.0018903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1900

Lot Details

  • 2,318

Home Design

  • Stone Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 2,318 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Water Heater

Additional Features

  • 2,318 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 036
  • Assessor Parcel Number 26PONDSTWEST

Community Details

Overview

  • 3 Units
  • North End Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $5,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0532
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 2318.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding, Other
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2318.0
  • Parcel #: 26PONDSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5888.0

Tax Info

  • Tax Annual Amount: 1888.0
  • Tax Lot: 036
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 12, 2023
Sold by
Johnson Laura
Bought by
26 Pond St Llc
Seller's Agent
Mark Wright
Coldwell Banker Coastal Homes
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$329,000
Sold Price
$270,000
Premium/Discount to List
-$59,000
-17.93%
Views
127
Current Estimated Value
$380,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,740
Avg. Annual Appreciation
15.13%
Original Mortgage
$203,000
Outstanding Balance
$197,180
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,560

Purchase Details

Closed on
Aug 20, 2002
Sold by
Algier Louis J and Algier Dorothy T
Bought by
Johnson Stanley F and Johnson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
26 Pond St Llc $270,000 None Available
26 Pond St Llc $270,000 None Available
26 Pond St Llc $270,000 None Available
Johnson Stanley F $159,000 --
Johnson Stanley F $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 26 Pond St Llc $203,000
Closed 26 Pond St Llc $203,000
Previous Owner Johnson Stanley F $183,750
Previous Owner Johnson Stanley F $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $270,000 -17.9% $116 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $329,000 -- $142 / 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 $1,747 $224,600 $145,400 $79,200
2024 $1,863 $178,300 $104,200 $74,100
2023 $1,899 $186,900 $104,200 $82,700
2022 $1,888 $186,900 $104,200 $82,700
2021 $1,965 $162,900 $90,800 $72,100
2020 $1,930 $162,900 $90,800 $72,100
2019 $1,912 $162,900 $90,800 $72,100
2018 $1,988 $161,000 $90,800 $70,200
2017 $1,932 $161,000 $90,800 $70,200
2016 $1,932 $161,000 $90,800 $70,200
2015 $1,838 $163,700 $87,700 $76,000
2014 $1,809 $163,700 $87,700 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1333442

State-Wide MLS

APN: WEST-000036-000173