NOT LISTED FOR SALE

37 Elm St Westerly, RI 02891

Estimated Value: $720,751 - $975,000

7 Beds
5 Baths
8,269 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $525,000 $63 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,282/month

117 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of July 2020

Majestic Victorian on Historic Elm Street. This impressive home still has details of its time period, tin ceilings, dentil mouldings, raised wood paneling, 2 brick fireplaces,10-foot ceilings original staircase and beautiful hardwood floors. First floor has a very nice updated kitchen with cherry cabinets, granite and new appliances. Master on 1st floor; 4 bedrooms and 2 beautiful full baths, sun-room with radiant heat. Dining room and living room with hardwood and fireplaces. Private stone patio and west facing deck. 2nd apartment is a one bedroom one full bath. Third apartment has 2 bedrooms, 2 full baths, 2 laundry hook ups and large deck that has river views. Lovely landscaped front and back yard. One car garage. Walk to downtown westerly and train station, Wilcox Park and minutes to area beaches. This home is in the Rhode Island OPPORTUNITY ZONE for potential capital gains deferral. *****

Last Agent to Sell the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 02/12/2020

RE/MAX South County

Last Buyer's Agent

Gina Brancato

Onshore Realtors License #RES.0034792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,469

Year Built

  • Built in 1902

Lot Details

  • 0.58

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 8,269 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Marble Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 0.58 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 53
  • Assessor Parcel Number 37ELMSTWEST

Community Details

Overview

  • 3 Units
  • Elm Street, Downtown, Wilcox Park Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,469

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.58
  • Subdivision Name: Elm Street, Downtown, Wilcox Park
  • Above Grade Finished Sq Ft: 8269.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1902
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplace Features: Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access
  • Construction Type: Plaster, Shingle Siding, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25244.0
  • Parcel #: 37ELMSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 23000.0

Tax Info

  • Tax Annual Amount: 6469.0
  • Tax Lot: 53
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 18, 2020
Sold by
Battles Peter
Bought by
Uricchio Sharon A and Uricchio Paul T
Seller's Agent
Lynn Azzinaro
RE/MAX South County
Buyer's Agent
Gina Brancato
Onshore Realtors
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%
Total Days on Market
117
Current Estimated Value
$861,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,438
Avg. Annual Appreciation
9.64%
Original Mortgage
$341,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2011
Sold by
Huntington Roberta and Huntington John
Bought by
Battles Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2002
Sold by
Stanton Joseph M and Stanton Carol A
Bought by
Huntington John and Huntington Roberta

Purchase Details

Closed on
Dec 22, 1998
Sold by
Scotti Peter M
Bought by
Stanton Joseph M and Stanton Carol A

Purchase Details

Closed on
Jun 5, 1998
Sold by
Brogden Allary H and Citizen Bk Of Ri
Bought by
Scotti Peter M

Purchase Details

Closed on
Dec 22, 1989
Sold by
Huntington John P
Bought by
Brogden Allary H
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
Uricchio Sharon A $525,000 None Available
Battles Peter $550,000 --
Huntington John $615,000 --
Stanton Joseph M $151,500 --
Scotti Peter M $123,500 --
Brogden Allary H $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uricchio Sharon A $341,000
Previous Owner Brogden Allary H $396,500
Previous Owner Brogden Allary H $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $525,000 -7.1% $63 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $565,000 -- $68 / 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 $8,518 $815,100 $172,600 $642,500
2023 $8,281 $815,100 $172,600 $642,500
2022 $8,149 $806,800 $172,600 $634,200
2021 $6,729 $558,000 $151,400 $406,600
2020 $6,532 $551,200 $151,400 $399,800
2019 $6,471 $551,200 $151,400 $399,800
2018 $6,469 $523,800 $151,400 $372,400
2017 $6,286 $523,800 $151,400 $372,400
2016 $6,286 $523,800 $151,400 $372,400
2015 $6,202 $552,300 $154,200 $398,100
2014 $6,103 $552,300 $154,200 $398,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1247107

State-Wide MLS

APN: WEST-000066-000053