NOT LISTED FOR SALE

29 Summer St Westerly, RI 02891

Estimated Value: $752,243 - $845,000

9 Beds
4 Baths
3,191 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $635,000 $199 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,626/month

9 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Antique Architecture
  • 5 Fireplaces
  • Tennis Courts

About This Home

As of January 2024

Formerly known as The Inn on the Hill, this stately 1860 mansion overlooks Wilcox park and downtown Westerly on .47 acres. The property is encompassed by wrought iron fencing and features classic granite embankment steps. The striped granite foundation supports 3200 sq.ft. of living area offering 9 BDRS, 4 baths, many period features, and is a structural fortress. Amenites include:Oil heat 1st floor, electric heat 2nd floor, commercial 6 burner gas stove w/hood in KT, H/W flooring, 3 car garage, onsite parking for 6+ cars, city H2O/sewer/gas, and a rooftop belvadere. There are many upgrades though some cosmetics still needed. An impressive rental property opportunity! Sale is subject to the seller finding suitable housing.

Last Agent to Sell the Property

Randy Russ

Russ Real Estate License #REB.0013071 Listed on: 11/07/2023

Last Buyer's Agent

David Cappucci

KEY Real Estate Services License #REC.0018315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1860

Lot Details

  • 0.47 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned R6

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Antique Architecture
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,191 Sq Ft Home
  • 2-Story Property
  • 5 Fireplaces
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0085
  • Assessor Parcel Number 29SUMMERSTWEST

Community Details

Overview

  • In Town Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,966

Year Built

Built in 1860

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Subdivision Name: In town
  • Above Grade Finished Sq Ft: 3191.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1860
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Wood
  • Interior Amenities: Cable TV
  • Living Area: 3191.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.0
  • Parcel #: 29SUMMERSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3966.0
  • Tax Lot: 0085
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 17, 2024
Sold by
Grasso Karla
Bought by
Grasso Karla and Grasso Leonard F
Seller's Agent
Randy Russ
Russ Real Estate
Buyer's Agent
David Cappucci
KEY Real Estate Services
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Views
145
Current Estimated Value
$785,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,561
Avg. Annual Appreciation
13.42%
Original Mortgage
$476,250
Outstanding Balance
$469,061
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,500

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 29, 2023
Sold by
Newman John W
Bought by
Grasso Karla
Seller's Agent
Randy Russ
Russ Real Estate
Buyer's Agent
David Cappucci
KEY Real Estate Services
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$469,061
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,500

Purchase Details

Closed on
Feb 25, 2011
Sold by
Arthur J Walsh Irt and Walsh
Bought by
Christopher J Walsh T J and Christopher Walsh

Purchase Details

Closed on
Dec 29, 1998
Sold by
Aalund Thoms K
Bought by
Newman John W and Newman Tamaralynn A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grasso Karla -- None Available
Grasso Karla $635,000 None Available
Christopher J Walsh T J $354,000 --
Newman John W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grasso Karla $476,250
Previous Owner Newman John W $185,000
Previous Owner Newman John W $38,000
Previous Owner Newman John W $350,000
Previous Owner Newman John W $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $635,000 -5.9% $199 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $675,000 -- $212 / 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 $4,542 $434,600 $117,400 $317,200
2023 $4,189 $412,300 $117,400 $294,900
2022 $4,164 $412,300 $117,400 $294,900
2021 $4,260 $353,200 $102,600 $250,600
2020 $4,185 $353,200 $102,600 $250,600
2019 $4,147 $353,200 $102,600 $250,600
2018 $3,950 $319,800 $102,600 $217,200
2017 $3,838 $319,800 $102,600 $217,200
2016 $3,838 $319,800 $102,600 $217,200
2015 $3,672 $327,000 $104,600 $222,400
2014 $3,613 $327,000 $104,600 $222,400
Source: Public Records

Agents Affiliated with this Home

  • Randy Russ

    Seller's Agent in 2024

    Randy Russ

    Russ Real Estate

    (860) 961-0929

    4 in this area

    49 Total Sales

    Randy Russ
    Section Image
  • David Cappucci

    Buyer's Agent in 2024

    David Cappucci

    KEY Real Estate Services

    (401) 536-4161

    17 in this area

    83 Total Sales

    David Cappucci
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1347622

State-Wide MLS

APN: WEST-000067-000104

Rhode Island Washington County Westerly 02891

29 Summer St, Westerly, RI

This home is located at 29 Summer St, Westerly, RI 02891 since 07 November 2023 and is currently estimated at $785,561, approximately $246 per square foot. This property was built in 1860. 29 Summer St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes