NOT LISTED FOR SALE

274 Shore Rd Unit B Westerly, RI 02891

Estimated Value: $629,491 - $739,000

2 Beds
2.5 Baths
1,300 Sq Ft
$529/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $365,000 $281 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,477/month

55 Days on Market

Highlights

  • Water Views
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of June 2020

Great ocean views at an unheard of price! A rare Ocean Ridge condominium is now available! Located across from Weekapaug Golf Club and close to area beaches this is a unique opportunity to own a home in one of Westerly’s most sought after boutique condo developments. Featuring two bedrooms and two and a half bathrooms with a third-floor loft that can function as extra overnight accommodations or a home office with killer views. A bright, south-facing unit with an open floor plan, 2 decks, and a two-car garage. There are even pristine hardwood floors under the carpeting. With a little updating, this will be an outstanding investment! Begin living the good life today! Other Fun Things: Fantastic golfing at some of New England's finest courses - Great sport fishing from shore or charter boat - World-class casinos 20 minutes away - Surfing, sailing, boarding, boating, and any other water sport you can imagine - A variety of local vineyards and breweries offering tastings, tours, festivals and music - Public access hiking spots offering a wide range of natural terrain Downtown Westerly features a variety of restaurants, theaters, art galleries, live music, shops, a state-of-the-art YMCA, an outdoor skating rink, a fabulous library and the acclaimed Wilcox Park. We also have our very own Amtrak station for quick access to NYC and Boston and Westerly Airport for regional air service.

Last Agent to Sell the Property

Larry Burns

Compass / Lila Delman Compass License #RES.0041164 Listed on: 03/31/2020

Compass / Lila Delman Compass

Last Buyer's Agent

Sarah Field

Compass / Lila Delman Compass License #RES.0031203

Compass / Lila Delman Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,624

Year Built

  • Built in 1993

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Water Views

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 274SHORERDBWEST

Community Details

Overview

  • 8 Units
  • Shore Road Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,624

Year Built

Built in 1993

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Shore Road
  • Above Grade Finished Sq Ft: 1300.0
  • Building Name: Ocean Ridge Condominiums
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1993
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1300.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 274SHORERDBWEST
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 3624.0
  • Tax Lot: 38
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Jun 23, 2020
Sold by
Bisbee Robert C
Bought by
Owens Thomas F and Owens Christine N
Seller's Agent
Larry Burns
Compass / Lila Delman Compass
Buyer's Agent
Sarah Field
Compass / Lila Delman Compass
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Total Days on Market
55
Current Estimated Value
$688,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,123
Avg. Annual Appreciation
13.71%
Source: Public Records

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Range of Values:

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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
Owens Thomas F $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Thomas F $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $365,000 -7.6% $281 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $395,000 -- $304 / 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 $4,283 $436,600 $0 $436,600
2023 $4,200 $436,600 $0 $436,600
2022 $4,010 $419,500 $0 $419,500
2021 $4,147 $360,000 $0 $360,000
2020 $4,072 $360,000 $0 $360,000
2019 $4,032 $360,000 $0 $360,000
2018 $3,642 $306,600 $0 $306,600
2017 $3,553 $306,600 $0 $306,600
2016 $3,581 $306,600 $0 $306,600
2015 $3,442 $318,100 $0 $318,100
2014 $3,385 $318,100 $0 $318,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1250517

State-Wide MLS

APN: WEST-000131-000038B-000006