38 Meadowview Terrace Unit 40 Westerly, RI 02891
Estimated Value: $510,818
4
Beds
2
Baths
3,508
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- Recreation Facilities
- Shops
- Forced Air Heating and Cooling System
- Bathtub with Shower
- Ceramic Tile Flooring
- Utility Room
About This Home
As of October 2021Investors take note or invest in your future; either way this duplex style property is a solid step in the right direction. Each unit has an open floor plan, where the living room and dining area connect to the kitchen that features oak cabinetry and ceramic tiled flooring. Lots of windows make the upstairs living space feel open and bright and everything is in move-in ready condition. Two bedrooms and a full bath can be found on each side, making these two units right for rentals, or live in one and let the other apartment help pay the mortgage! Economical gas heating and central air-conditioning are added amenities. An unfinished lower level offers storage, a play area, a home gym or any use you can dream up while a large, flat back yard is great for outdoor games and dining. Set on a quiet street in a family neighborhood, this duplex also offers easy access to Route 78 and Interstate 95 yet is also a quick drive to town, shopping, schools and the beach. Take advantage of Westerly's low tax rate, build equity and put your money to work for you in this value-packed property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,760
Year Built
- Built in 1985
Lot Details
- 0.32 Acre Lot
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,508 Sq Ft Home
- 2-Story Property
- Utility Room
- Laundry in unit
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 76
- Assessor Parcel Number 3840MEADOWVIEWTERWEST
Community Details
Recreation
- Recreation Facilities
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2021
Closed on
Oct 4, 2021
Sold by
Cheech L Real Estate Llc
Bought by
Foley Thomas C and Foley Margaret O
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Adam Wilks
Keller Williams Coastal
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Total Days on Market
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,818
Avg. Annual Appreciation
3.98%
Original Mortgage
$392,755
Outstanding Balance
$363,552
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$97,480
Purchase Details
Closed on
Apr 12, 2016
Sold by
Cillino Lauri A Est
Bought by
Luzzi Egidio
Purchase Details
Closed on
Nov 7, 2007
Sold by
Deniger James A and Deniger Janice L
Bought by
Luzzi Edigio and Cillino Lauri A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Foley Thomas C | $400,000 | None Available | |
| Luzzi Egidio | $209,000 | -- | |
| Luzzi Edigio | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Foley Thomas C | $392,755 | |
| Previous Owner | Deniger James A | $425,000 | |
| Previous Owner | Deniger James A | $200,000 | |
| Previous Owner | Deniger James A | $153,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $400,000 | 0.0% | $114 / Sq Ft |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $399,900 | -- | $114 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,354 | $321,000 | $110,500 | $210,500 |
| 2023 | $3,261 | $321,000 | $110,500 | $210,500 |
| 2022 | $3,242 | $321,000 | $110,500 | $210,500 |
| 2021 | $2,809 | $232,900 | $96,100 | $136,800 |
| 2020 | $2,760 | $232,900 | $96,100 | $136,800 |
| 2019 | $2,734 | $232,900 | $96,100 | $136,800 |
| 2018 | $2,696 | $218,300 | $96,100 | $122,200 |
| 2017 | $2,620 | $218,300 | $96,100 | $122,200 |
| 2016 | $2,620 | $218,300 | $96,100 | $122,200 |
| 2015 | $2,514 | $223,900 | $98,100 | $125,800 |
| 2014 | $2,474 | $223,900 | $98,100 | $125,800 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Faubert
Seller's Agent in 2021
Ben Faubert
Onshore Realtors
(401) 315-2588
105 in this area
114 Total Sales
-
Adam Wilks
Buyer's Agent in 2021
Adam Wilks
Keller Williams Coastal
(401) 419-9502
3 in this area
200 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1284381
APN: WEST-000018-000076A-A000000
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