NOT LISTED FOR SALE

3 State St Westerly, RI 02891

Estimated Value: $436,714 - $509,000

4 Beds
4 Baths
1,814 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $260,000 $143 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,834/month

53 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Storm Windows
  • Golf Course Community
  • Thermal Windows
  • Accessible Approach with Ramp

About This Home

As of February 2014

Perfect for an owner occupy! Well maintained multi, remodeled recently, new roof. Each unit has 2BR, 1.1BA, living room, kitchen, gas heat, city utilities, basement & at a great location. Walk downtown, school, train & park. Long term tenant,7 yrs.

Last Agent to Sell the Property

Sandy Bliven

RE/MAX South County License #RES.0031703 Listed on: 11/22/2013

RE/MAX South County

Last Buyer's Agent

Susan Eldridge

Schilke Realty License #RES.0033955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1996

Lot Details

  • 10,018

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,814 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storm Windows
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Water Heater

Additional Features

  • Accessible Approach with Ramp
  • 10,018 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 120A
  • Assessor Parcel Number 3A&BSTATESTWEST

Community Details

Overview

  • 2 Units
  • Off East Ave/Wells St Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $3,985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Subdivision Name: OFF EAST AVE/WELLS ST
  • Above Grade Finished Sq Ft: 1814.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1996
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1814.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10018.0
  • Parcel #: 3A&BSTATESTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3985.0

Tax Info

  • Tax Annual Amount: 2800.0
  • Tax Lot: 120A
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
Feb 14, 2014
Sold by
Bellone John
Bought by
Magliari Saverio and Vargas Amanda A
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Susan Eldridge
Schilke Realty
List Price
$289,900
Sold Price
$260,000
Premium/Discount to List
-$29,900
-10.31%
Total Days on Market
53
Current Estimated Value
$477,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,679
Avg. Annual Appreciation
5.52%
Original Mortgage
$255,290
Interest Rate
4.25%
Mortgage Type
FHA
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
Magliari Saverio $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magliari Saverino $252,314
Closed Magliari Saverio $255,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $260,000 -10.3% $143 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $289,900 -- $160 / 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 $3,583 $342,900 $115,000 $227,900
2023 $3,484 $342,900 $115,000 $227,900
2022 $3,463 $342,900 $115,000 $227,900
2021 $3,306 $274,100 $100,100 $174,000
2020 $3,248 $274,100 $100,100 $174,000
2019 $3,218 $274,100 $100,100 $174,000
2018 $3,076 $249,100 $100,100 $149,000
2017 $2,989 $249,100 $100,100 $149,000
2016 $2,989 $249,100 $100,100 $149,000
2015 $2,923 $260,300 $107,100 $153,200
2014 $2,876 $260,300 $107,100 $153,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1055887

State-Wide MLS

APN: WEST-000087-000120A