NOT LISTED FOR SALE

27 Oak St Westerly, RI 02891

Estimated Value: $441,114 - $576,000

8 Beds
3 Baths
4,366 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $260,000 $60 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,969/month

35 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Property near a hospital
  • Recreation Facilities
  • Shops
  • Heating System Uses Steam

About This Home

As of April 2019

Investors take note! 3 family unit close to downtown Westerly. First and second floor units offer 3BR and 1BA. Third floor unit offers 2BR, 1BA. Low maintenance vinyl siding, off street parking and city sewer, water and gas.

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 01/29/2019

Last Buyer's Agent

Briana Boragine

KEY Real Estate Services License #RES.0041986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,055

Year Built

  • Built in 1920

Lot Details

  • 0.35

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,366 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 12 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 0.35 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 204
  • Assessor Parcel Number 27OAKSTWEST

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • 4 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,055

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Above Grade Finished Sq Ft: 4366.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15369.0
  • Parcel #: 27OAKSTWEST
  • Zoning: GC
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3055.0
  • Tax Lot: 204
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2019
Sold by
Diaz Andrew
Bought by
Diaz Opportunity Zone Fnd
Current Estimated Value
$514,779

Purchase Details

Listed on
Jan 29, 2019
Closed on
Apr 5, 2019
Sold by
Dugas Walter C and Dugas Norman C
Bought by
Diaz Andrew
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Briana Boragine
KEY Real Estate Services
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$195,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Falcone Joseph
Bought by
Dugas Norman and Dugas Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Whi Inc
Bought by
Falcone Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.84%

Purchase Details

Closed on
Sep 1, 1988
Sold by
Cristino Lucy
Bought by
Bedard David
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
Diaz Opportunity Zone Fnd -- --
Diaz Andrew $260,000 --
Dugas Norman $265,000 --
Falcone Joseph R $192,000 --
Bedard David $183,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Andrew $195,000
Previous Owner Bedard David $27,500
Previous Owner Bedard David $4,500
Previous Owner Bedard David $212,000
Previous Owner Bedard David $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $260,000 -3.3% $60 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $269,000 -- $62 / 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 $3,356 $431,400 $172,400 $259,000
2024 $3,187 $305,000 $123,200 $181,800
2023 $3,099 $305,000 $123,200 $181,800
2022 $3,081 $305,000 $123,200 $181,800
2021 $3,175 $263,300 $107,100 $156,200
2020 $3,120 $263,300 $107,100 $156,200
2019 $3,091 $263,300 $107,100 $156,200
2018 $3,007 $243,500 $107,100 $136,400
2017 $2,922 $243,500 $107,100 $136,400
2016 $2,922 $243,500 $107,100 $136,400
2015 $2,664 $237,200 $103,600 $133,600
2014 $2,621 $237,200 $103,600 $133,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1213555

State-Wide MLS

APN: WEST-000047-000204