NOT LISTED FOR SALE

31 Pasadena Ave Westerly, RI 02891

Estimated Value: $4,897,549 - $7,014,000

4 Beds
3.5 Baths
3,865 Sq Ft
$1,489/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $3,742,900 $968 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $33,451/month

81 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • In Ground Pool
  • Marina
  • River Access
  • Deck

About This Home

As of December 2020

This magnificent coastal retreat presides over lovely landscaped grounds in Watch Hill along the Pawcatuck River which leads into Little Narragansett Bay in Watch Hill to the Atlantic Ocean. This outstanding property provides a deep water dock and a mooring and is only minutes from direct Atlantic Ocean access. Taking advantage of its splendid setting, this dramatic residence highlights expansive breathtaking panoramic views with a HEATED SALT WATER POOL. Comprising 3900 total square feet with four bedrooms and three and one half baths and four fireplaces. This luxurious home affords an elegantly refined coastal design with transitional inspired details throughout.Beautifully appointed indoor and outdoor living areas, this spacious and well-planned home is ideal for spectacular interior and exterior entertaining This magnificent waterfront estate affords refined elegance and private splendor in a most exceptional offering. Truly a dream come true!

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 08/27/2020

Last Buyer's Agent

Rebecca Donnell

BHHS New England Properties License #RES.0031602

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,960

Year Built

  • Built in 2005

Lot Details

  • 0.69 Acre Lot
  • Beach Front

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Siding

Interior Spaces

  • 3,865 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Stone Fireplace
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • River Access
  • Walking Distance to Water
  • Mooring
  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 31PASADENAAVWEST

Community Details

Overview

  • Watch Hill Waterfront Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,960

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.69
  • Subdivision Name: WATCH HILL WATERFRONT
  • Above Grade Finished Sq Ft: 3865.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3865.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Mooring, River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding
  • Exterior Features: Balcony, Deck, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30056.0
  • Parcel #: 31PASADENAAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 28960.0
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 7, 2020
Sold by
Celeste B Mcshane Ret and Mcshane
Bought by
Size Capital Llc
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Rebecca Donnell
BHHS New England Properties
List Price
$3,995,000
Sold Price
$3,742,900
Premium/Discount to List
-$252,100
-6.31%
Current Estimated Value
$5,753,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,010,283
Avg. Annual Appreciation
9.92%
Original Mortgage
$868,750
Outstanding Balance
$788,040
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,093,886

Purchase Details

Closed on
Jan 27, 2012
Sold by
Bertucci-Mcshane Celeste
Bought by
C Bertucci Mcshane Ret

Purchase Details

Closed on
Jan 29, 1998
Sold by
Morrone Elizabeth E and Cofoni Diane E
Bought by
Mcshane Bruce and Mcshane Celeste
Source: Public Records

Range of Values:

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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
Size Capital Llc $3,742,900 None Available
C Bertucci Mcshane Ret -- --
Mcshane Bruce $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Size Capital Llc $2,000,000
Previous Owner Mcshane Bruce $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $3,742,900 -6.3% $968 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $3,995,000 -- $1,034 / 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 $36,815 $3,752,800 $2,690,600 $1,062,200
2023 $36,102 $3,752,800 $2,690,600 $1,062,200
2022 $35,877 $3,752,800 $2,690,600 $1,062,200
2021 $29,704 $2,578,500 $1,824,500 $754,000
2020 $29,163 $2,578,500 $1,824,500 $754,000
2019 $28,626 $2,555,900 $1,824,500 $731,400
2018 $29,137 $2,452,600 $1,824,500 $628,100
2017 $28,426 $2,452,600 $1,824,500 $628,100
2016 $28,646 $2,452,600 $1,824,500 $628,100
2015 $27,173 $2,511,400 $1,860,600 $650,800
2014 $26,721 $2,511,400 $1,860,600 $650,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1262861

State-Wide MLS

APN: WEST-000162-000011