NOT LISTED FOR SALE

306 Post Rd Westerly, RI 02891

Estimated Value: $396,050 - $509,000

4 Beds
2 Baths
2,424 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $331,900 $137 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,854/month

27 Days on Market

Highlights

  • Golf Course Community
  • Recreation Facilities
  • Ductless Heating Or Cooling System
  • 1.43 Acre Lot
  • Porch
  • Bathtub with Shower

About This Home

As of November 2020

LOCATION, LOCATION, LOCATION!! Investors check this one out! Great opportunity to own this Multi family, would be ideal for an owner occupant or an investor looking to add to his or her portfolio. Potential rent of $1500 per side for this Multi, conveniently located on Rt 1, set back from the road, minutes away from Misquamicut beach and beautiful Charlestown beaches. Home was extensively renovated 2 years ago with new siding, plumbing, electrical, kitchens appliances, baths, and this year a new roof. Each Unit has 2 beds and 1 bathroom, and each unit comes with a washer/ dryer hook-up. Looking to increase your income with some rental properties, this is the home for you!

Last Agent to Sell the Property

Michael Fitzsimmons

The Brown Group Realty License #RES.0821575 Listed on: 09/19/2020

Last Buyer's Agent

Friedman Group

Compass / Lila Delman Compass

Compass / Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1976

Lot Details

  • 1.43

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 1.43 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 44A
  • Assessor Parcel Number 306POSTRDWEST

Community Details

Overview

  • 2 Units
  • Dunns Corner Subdivision

Amenities

  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,686

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.43
  • Subdivision Name: Dunns Corner
  • Above Grade Finished Sq Ft: 2424.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62480.0
  • Parcel #: 306POSTRDWEST
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2686.0
  • Tax Lot: 44A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 5, 2020
Sold by
Siravo Vincent J
Bought by
Schumacher David
Seller's Agent
Michael Fitzsimmons
The Brown Group Realty
Buyer's Agent
Friedman Group
Compass / Lila Delman Compass
List Price
$329,900
Sold Price
$331,900
Premium/Discount to List
$2,000
0.61%
Total Days on Market
27
Current Estimated Value
$466,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,613
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Aug 10, 2015
Closed on
Mar 24, 2017
Sold by
Austin Patrick
Bought by
Siravo 3Rd Vincent J
Seller's Agent
Nadine DiPaola
Coldwell Banker Coastal Homes
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$252,000
Sold Price
$230,000
Premium/Discount to List
-$22,000
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$186,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Kueter Genevieve and Austin Patrick
Bought by
Austin Patrick

Purchase Details

Closed on
Aug 25, 2005
Sold by
Buck George
Bought by
Ezyk Genevieve and Austin Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1991
Sold by
Champlin John S
Bought by
Buck George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.73%
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
Schumacher David $331,900 None Available
Siravo 3Rd Vincent J -- --
Austin Patrick -- --
Ezyk Genevieve $250,000 --
Buck George A $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siravo 3Rd Vincent J $186,400
Previous Owner Buck George A $237,500
Previous Owner Buck George A $100,000
Previous Owner Buck George A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $331,900 +0.6% $137 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $329,900 +43.4% $136 / Sq Ft
03/24/2017 03/24/17 Sold $230,000 -8.7% $110 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
08/10/2015 08/10/15 For Sale $252,000 -- $120 / 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 $2,953 $301,000 $141,400 $159,600
2023 $2,896 $301,000 $141,400 $159,600
2022 $2,878 $301,000 $141,400 $159,600
2021 $2,737 $237,600 $118,200 $119,400
2020 $2,687 $237,600 $118,200 $119,400
2019 $2,661 $237,600 $118,200 $119,400
2018 $2,582 $217,300 $118,200 $99,100
2017 $2,519 $217,300 $118,200 $99,100
2016 $2,538 $217,300 $118,200 $99,100
2015 $2,376 $219,600 $120,400 $99,200
2014 $2,337 $219,600 $120,400 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1264684

State-Wide MLS

APN: WEST-000113-000044A