NOT LISTED FOR SALE

298 Shore Rd Westerly, RI 02891

Estimated Value: $651,211 - $756,000

3 Beds
2 Baths
1,345 Sq Ft
$514/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $340,000 $253 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,883/month

8 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cottage
  • Golf Course Community
  • Tennis Courts
  • Walking Distance to Water

About This Home

As of December 2018

1920’s Bungalow on desirable Shore Road. Walk or bike a half mile to the Salt Pond or a short mile to the beach. Get a Westerly Town Beach or a Dune’s beach pass or drop your guests off at the beach and summer vacation has begun! All of this with no Flood Insurance! This home has always been used as a year round home and offers so much potential with a first floor full bath and 3 bedrooms, an office and another full bath on the second level. An 8'x21’ front porch/sunroom has a heater, so cozy up for added living space! An attached 2 car garage, plus a free standing second garage for your 3rd car in addition to a shed makes the lot a special offering. Come enjoy the surf of the Atlantic Ocean while enjoying the close amenities of Downtown Westerly, Misquamicut & Watch Hill. Westerly offers its own Airport and Train station so you can be in Boston in just over an hour and NYC in 2+. This home is in an estate and subject to probate approval; being sold as is.

Last Agent to Sell the Property

Susan Eldridge

Schilke Realty License #RES.0033955 Listed on: 10/29/2018

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1920

Lot Details

  • 0.39

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cottage
  • Bungalow
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,345 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Cesspool

Additional Features

  • 0.39 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 298SHORERDWEST

Community Details

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,330

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Above Grade Finished Sq Ft: 1345.0
  • Architectural Style: Bungalow, Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1345.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Other, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.0
  • Parcel #: 298SHORERDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3330.0
  • Tax Lot: 50
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Dec 6, 2018
Sold by
Dunn John F Est
Bought by
Levcowich Jill S and Alviani Nico J
Seller's Agent
Susan Eldridge
Schilke Realty
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Current Estimated Value
$691,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,553
Avg. Annual Appreciation
10.47%
Original Mortgage
$323,000
Outstanding Balance
$284,013
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,540

Purchase Details

Closed on
Jun 28, 2002
Sold by
Cofoni Sylvester J
Bought by
Dunn John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.92%
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
Levcowich Jill S $340,000 --
Dunn John F $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levcowich Jill S $323,000
Previous Owner Dunn John F $245,600
Previous Owner Dunn John F $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $340,000 +1.5% $253 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $335,000 -- $249 / 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 $3,632 $510,900 $261,200 $249,700
2024 $3,898 $397,400 $186,600 $210,800
2023 $3,823 $397,400 $186,600 $210,800
2022 $3,799 $397,400 $186,600 $210,800
2021 $3,852 $334,400 $162,200 $172,200
2020 $3,676 $325,000 $162,200 $162,800
2019 $3,441 $307,200 $162,200 $145,000
2018 $3,450 $290,400 $162,200 $128,200
2017 $3,330 $287,300 $162,200 $125,100
2016 $3,356 $287,300 $162,200 $125,100
2015 $3,181 $294,000 $165,600 $128,400
2014 $2,357 $294,000 $165,600 $128,400
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1208323

State-Wide MLS

APN: WEST-000132-000050