NOT LISTED FOR SALE

28 Nutmeg Dr Westerly, RI 02891

Estimated Value: $384,000 - $469,000

3 Beds
1.5 Baths
1,284 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $390,000 $304 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,484/month

21 Days on Market

Highlights

  • Marina
  • Water Access
  • Wood Flooring
  • Golf Course Community
  • Deck
  • Thermal Windows

About This Home

As of September 2024

Fantastic opportunity to own in Westerly's North End Potter Hill area! Great family neighborhood and access to all Westerly has to offer! LOCATION! LOCATION! 15 minutes(7 miles) to Westerly beaches and approx. 2.5 miles from downtown westerly area for dining, shopping and entertainment! Foxwoods Resort and Casino only a 19 minute ride! Electric boat in Groton Ct only 22 minutes!
This 3 Bed 1.5 bath Ranch is situated on a nice flat fenced in lot with paved driveway, deck off the back, and an outbuilding for storage. Inside you will find a comfortable kitchen and eat in area, ample living room, 3 bedrooms, a full bath, and central air for your comfort on those hot summer days. On the lower level you have a good size rec/family room and the convenience of a half bath. All this and the convenience of town water and sewer round out this great opportunity!

Last Agent to Sell the Property

Lance Bennett

Coastal Properties Group License #RES.0040374 Listed on: 07/19/2024

Last Buyer's Agent

Linda Delach

Boucher Real Estate License #RES.0031163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Property is zoned R20

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Family Room
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 28NUTMEGDRWEST

Community Details

Overview

  • Potter Hill Area Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: POTTER HILL AREA
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator, Tankless Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 324.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1284.0
  • Dining Room Type: Bathroom, Family Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Water Access
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 28NUTMEGDRWEST
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2474.0
  • Tax Lot: 80
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 27, 2024
Sold by
Cole James R
Bought by
Iwuc Matthew and Carney Sarah E
Seller's Agent
Lance Bennett
Coastal Properties Group
Buyer's Agent
Linda Delach
Boucher Real Estate
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Views
122
Current Estimated Value
$435,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,823
Avg. Annual Appreciation
8.85%
Original Mortgage
$331,500
Outstanding Balance
$327,788
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,035

Purchase Details

Closed on
Apr 20, 2020
Sold by
Cole James R
Bought by
Cole James R

Purchase Details

Listed on
Aug 17, 2011
Closed on
Jan 13, 2012
Sold by
Bricault Lisa and Bricault Timothy R
Bought by
Cole James R and Cole Karen D
Seller's Agent
Jean Kincaid
Coldwell Banker Realty
Buyer's Agent
Elaine Readey
RE/MAX South County
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$175,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2006
Sold by
Fuhrmann Daniel J and Fuhrmann Toni M
Bought by
Bricault Timothy R
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
Iwuc Matthew $390,000 None Available
Cole James R -- None Available
Cole James R $183,000 --
Bricault Timothy R $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwuc Matthew $331,500
Previous Owner Bricault Timothy R $50,000
Previous Owner Bricault Timothy R $175,000
Previous Owner Bricault Timothy R $274,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $390,000 -2.5% $304 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $399,999 -4.5% $312 / Sq Ft
07/19/2024 07/19/24 For Sale $419,000 +126.5% $326 / Sq Ft
01/13/2012 01/13/12 Sold $185,000 -7.0% $136 / Sq Ft View Prior Sale
12/14/2011 12/14/11 Pending -- -- --
08/17/2011 08/17/11 For Sale $199,000 -- $146 / 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 $2,728 $350,600 $155,100 $195,500
2024 $2,635 $252,200 $110,800 $141,400
2023 $2,562 $252,200 $110,800 $141,400
2022 $2,547 $252,200 $110,800 $141,400
2021 $2,486 $206,100 $96,400 $109,700
2020 $2,442 $206,100 $96,400 $109,700
2019 $2,420 $206,100 $96,400 $109,700
2018 $2,301 $186,300 $96,400 $89,900
2017 $2,236 $186,300 $96,400 $89,900
2016 $2,236 $186,300 $96,400 $89,900
2015 $2,230 $198,600 $98,300 $100,300
2014 $1,835 $198,600 $98,300 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1364090

State-Wide MLS

APN: WEST-000018-000080