NOT LISTED FOR SALE

36 Oak St Westerly, RI 02891

Estimated Value: $464,000 - $553,000

8 Beds
3 Baths
4,234 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $378,500 $89 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,869/month

34 Days on Market

Highlights

  • Marina
  • Wooded Lot
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Porch

About This Home

As of August 2022

CALLING ALL INVESTORS...Terrific opportunity in Westerly, RI!! Three units, 2 - 3beds/1 bath, 1 - 2 beds/1 bath. Kitchen and bath renovations and upgrades completed in units 1 & 2. Full unfinished walk out basement just waiting to be made into an additional unit. One paved off street parking spot at the front and plenty of parking in the rear of the house. Large backyard. The shed out back is not included in the sale.

Last Agent to Sell the Property

Dan Driscoll

Coastal Properties RI License #REB.0018922 Listed on: 06/22/2022

Last Buyer's Agent

Justin Fox

RE/MAX Professionals License #RES.0040268

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Wooded Lot

Home Design

  • Fixer Upper
  • Stone Foundation
  • Shingle Siding
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 4,234 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Windows

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Gas Water Heater
  • Oil Water Heater

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 36OAKSTWEST

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • 3 Units
  • Operating Expense $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,036

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Above Grade Finished Sq Ft: 4234.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Wood, Carpet
  • Stories: 4
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Shingle Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil, Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 36OAKSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 19800.0

Tax Info

  • Tax Annual Amount: 2036.0
  • Tax Lot: 145
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 1999
Sold by
Engle Mary and Cimalore Joseph
Bought by
Marrone Ronald M and Marrone Laura J
Current Estimated Value
$501,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
6.85%
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
Marrone Ronald M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrone Ronald M $158,000
Closed Marrone Ronald M $120,000
Closed Marrone Ronald M $86,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $378,500 -1.7% $89 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $384,900 0.0% $91 / Sq Ft
07/18/2022 07/18/22 Price Changed $384,900 -2.5% $91 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $394,900 -- $93 / 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 $3,023 $388,600 $145,600 $243,000
2024 $2,202 $210,700 $104,400 $106,300
2023 $2,092 $205,900 $104,400 $101,500
2022 $2,080 $205,900 $104,400 $101,500
2021 $2,036 $168,800 $91,000 $77,800
2020 $2,000 $168,800 $91,000 $77,800
2019 $1,982 $168,800 $91,000 $77,800
2018 $1,746 $141,400 $91,000 $50,400
2017 $1,697 $141,400 $91,000 $50,400
2016 $1,697 $141,400 $91,000 $50,400
2015 $1,616 $143,900 $87,900 $56,000
2014 $1,590 $143,900 $87,900 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1313697

State-Wide MLS

APN: WEST-000047-000145A