NOT LISTED FOR SALE

3 Neowam Ave Westerly, RI 02891

Estimated Value: $3,250,000 - $6,519,966

7 Beds
7 Baths
7,962 Sq Ft
$637/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $1,900,000 $239 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $29,836/month

123 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • 4 Fireplaces
  • Cottage

About This Home

As of December 2015

Turn of the century Shingle"Cottage" in the heart of Watch Hill within easy walking distance to Village and Beaches. A grand enclosed yard lots of privacy..Large rooms, lots of bedrooms and baths, classic house with great bones.

Last Agent to Sell the Property

Leslie Lambrecht

Olga B. Goff Real Estate License #RES.0032379 Listed on: 06/30/2015

Last Buyer's Agent

Olga Goff

Olga B. Goff Real Estate License #REB.0014670

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,662

Year Built

  • Built in 1895

Lot Details

  • 0.76

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

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

Additional Features

  • Walking Distance to Water
  • 0.76 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 3NEOWAMAVWEST

Community Details

Overview

  • Watch Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,662

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7615
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 5330.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1895
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 2632.0
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 7962.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Wood Siding, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33170.0
  • Parcel #: 3NEOWAMAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15662.0
  • Tax Lot: 39
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Dec 1, 2015
Sold by
Bass-Malin Laura
Bought by
Kellogg Diana and Burger Neil
Seller's Agent
Leslie Lambrecht
Olga B. Goff Real Estate
Buyer's Agent
Olga Goff
Olga B. Goff Real Estate
List Price
$2,100,000
Sold Price
$1,900,000
Premium/Discount to List
-$200,000
-9.52%
Total Days on Market
123
Current Estimated Value
$5,071,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,171,322
Avg. Annual Appreciation
9.60%
Original Mortgage
$142,500
Outstanding Balance
$117,436
Interest Rate
3.87%
Estimated Equity
$4,453,291
Source: Public Records

Range of Values:

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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
Kellogg Diana -- --
Kellogg Diana -- --
Kellogg Diana $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellogg Diana $142,500
Closed Kellogg Diana $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $1,900,000 -9.5% $239 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $2,100,000 -- $264 / 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 $35,058 $3,573,700 $1,581,700 $1,992,000
2023 $33,241 $3,455,400 $1,581,700 $1,873,700
2022 $33,034 $3,455,400 $1,581,700 $1,873,700
2021 $37,428 $3,249,000 $1,375,300 $1,873,700
2020 $36,746 $3,249,000 $1,375,300 $1,873,700
2019 $36,389 $3,249,000 $1,375,300 $1,873,700
2018 $32,192 $2,709,800 $1,375,300 $1,334,500
2017 $21,538 $1,858,300 $1,306,600 $551,700
2016 $19,803 $1,695,500 $1,306,600 $388,900
2015 $15,927 $1,472,000 $1,210,600 $261,400
2014 $15,662 $1,472,000 $1,210,600 $261,400
Source: Public Records

Agents Affiliated with this Home

  • Leslie Lambrecht

    Seller's Agent in 2015

    Leslie Lambrecht

    Olga B. Goff Real Estate

    (401) 440-1844

    27 in this area

    31 Total Sales

    Leslie Lambrecht
    Section Image

  • O

    Buyer's Agent in 2015

    Olga Goff

    Olga B. Goff Real Estate

    (401) 212-7402

    16 in this area

    19 Total Sales

    Olga Goff
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1101042

State-Wide MLS

APN: WEST-000179-000039

Rhode Island Washington County Westerly 02891

3 Neowam Ave, Westerly, RI

This home is located at 3 Neowam Ave, Westerly, RI 02891 since 30 June 2015 and is currently estimated at $5,071,322, approximately $636 per square foot. This property was built in 1895. 3 Neowam Ave is a home located in Washington County with nearby schools including Westerly High School.

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