NOT LISTED FOR SALE

38 Chester Ave Westerly, RI 02891

Estimated Value: $482,832 - $599,000

5 Beds
3 Baths
2,017 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $233,000 $116 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,182/month

76 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Thermal Windows
  • Beach Access
  • Tennis Courts
  • Property near a hospital

About This Home

As of September 2016

THIS IN-TOWN 3 UNIT DWELLING IS A GREAT OPPORTUNITY FOR EITHER INVESTOR - OR - OWNER-OCCUPANT! OFF STREET PARKING, LARGE YARD, SEP. UTILITIES & LOW MAINTENANCE EXTERIOR. SOLID RENTAL HISTORY-READY-TO-GO!

Last Agent to Sell the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 06/08/2016

RE/MAX South County

Last Buyer's Agent

Kathleen Donovan

RE/MAX South County License #RES.0017445

RE/MAX South County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1888

Lot Details

  • 0.39

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,017 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Beach Access
  • 0.39 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 182
  • Assessor Parcel Number 38CHESTERAVWEST

Community Details

Overview

  • 3 Units
  • In Town Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Subdivision Name: IN TOWN
  • Above Grade Finished Sq Ft: 2017.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1888
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Interior Steps
  • Living Area: 2017.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 16988.0
  • Parcel #: 38CHESTERAVWEST
  • Zoning: R6

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 2639.0
  • Tax Lot: 182
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Sep 23, 2016
Sold by
Chester Hldg Llc
Bought by
Mcandrew Kieran
Seller's Agent
Lynn Azzinaro
RE/MAX South County
Buyer's Agent
Kathleen Donovan
RE/MAX South County
List Price
$265,000
Sold Price
$233,000
Premium/Discount to List
-$32,000
-12.08%
Current Estimated Value
$555,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,458
Avg. Annual Appreciation
9.81%
Original Mortgage
$174,000
Outstanding Balance
$139,074
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,384

Purchase Details

Closed on
Aug 26, 2013
Sold by
Hanrahan Edward
Bought by
Bradburd Jason K and Bradburd Destinie

Purchase Details

Closed on
Sep 23, 2005
Sold by
Mcdonald Kevin
Bought by
Chester Holdings Llc
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
Mcandrew Kieran $233,000 --
Bradburd Jason K $187,500 --
Bradburd Jason K $187,500 --
Chester Holdings Llc $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcandrew Kieran $174,000
Previous Owner Chester Holdings Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $233,000 -12.1% $116 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $265,000 0.0% $131 / Sq Ft
03/31/2016 03/31/16 For Rent $700 0.0% --
03/31/2016 03/31/16 Rented $700 -- --
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 $3,366 $432,700 $154,800 $277,900
2024 $3,057 $292,500 $111,400 $181,100
2023 $2,972 $292,500 $111,400 $181,100
2022 $2,954 $292,500 $111,400 $181,100
2021 $3,038 $251,900 $97,300 $154,600
2020 $2,985 $251,900 $97,300 $154,600
2019 $2,957 $251,900 $97,300 $154,600
2018 $2,858 $231,400 $97,300 $134,100
2017 $2,777 $231,400 $97,300 $134,100
2016 $2,777 $231,400 $97,300 $134,100
2015 $2,639 $235,000 $99,200 $135,800
2014 $2,597 $235,000 $99,200 $135,800
Source: Public Records

Agents Affiliated with this Home

  • Lynn Azzinaro

    Seller's Agent in 2016

    Lynn Azzinaro

    RE/MAX South County

    (401) 742-4584

    40 in this area

    68 Total Sales

    Lynn Azzinaro
    Section Image

  • H

    Seller's Agent in 2016

    Henry Rokosa

    Weichert Realtors-Cress & Co.

  • Kathleen Donovan

    Buyer's Agent in 2016

    Kathleen Donovan

    RE/MAX South County

    5 Total Sales

    Kathleen Donovan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1128327

State-Wide MLS

APN: WEST-000067-000182

Rhode Island Washington County Westerly 02891

38 Chester Ave, Westerly, RI

Not Listed for Sale

MultiFamily

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