NOT LISTED FOR SALE

38 Oak St Westerly, RI 02891

Estimated Value: $413,653 - $647,000

4 Beds
2 Baths
2,020 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $399,000 $198 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,952/month

52 Days on Market

Highlights

  • Marina
  • Corner Lot
  • Public Transportation
  • Attic
  • Recreation Facilities
  • Shops

About This Home

As of January 2023

Pristine 2 family home boasts a 1yr old roof, replacement windows, low maintenance vinyl siding, ample off street parking, city water/sewer/gas and 2 move in ready units! Located within walking distance to downtown Westerly, each unit offers separate front and rear entrances providing privacy for tenants/owner. The first floor unit offers 2 bedrooms, a full bath, living room, dining room and a modern kitchen with shaker style cabinets and granite countertops. A front porch offers a shady retreat to enjoy the outdoors. The second floor unit offers 2 bedrooms, a full bath, living room and a large eat in kitchen. Both units boast mudrooms with their own washer and dryer hookups. Take advantage of being within walking distance to historic Westerly and the many activities it has to offer - a stroll in Wilcox Park, a performance at Granite Theatre or United Theatre, a meal at one of the restaurants downtown, shopping and more. This location offers something for everyone. Great investment opportunity whether owner occupied or investor.

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 11/05/2022

Last Buyer's Agent

Monica Feliciano

eXp Realty License #RES.0046204

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 38OAKSTWEST

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,372

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Above Grade Finished Sq Ft: 2020.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Attic
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 38OAKSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2372.0
  • Tax Lot: 144
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jan 24, 2023
Sold by
Gencarelli Mario J and Gencarelli Susan M
Bought by
Courter Tyler and Barber Gia
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Monica Feliciano
eXp Realty
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$517,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,913
Avg. Annual Appreciation
5.22%
Original Mortgage
$391,773
Outstanding Balance
$380,720
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$76,358

Purchase Details

Closed on
Jul 6, 1998
Sold by
Turco Eugene V and Turco Nancy C
Bought by
Gencarelli Giorgio S and Gencarelli Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,650
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Courter Tyler $399,000 None Available
Gencarelli Giorgio S $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courter Tyler $391,773
Previous Owner Gencarelli Giorgio S $150,000
Previous Owner Gencarelli Giorgio S $195,900
Previous Owner Gencarelli Giorgio S $119,200
Previous Owner Gencarelli Giorgio S $53,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $399,000 0.0% $198 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $399,000 -- $198 / 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 $2,477 $237,000 $103,800 $133,200
2023 $2,408 $237,000 $103,800 $133,200
2022 $2,394 $237,000 $103,800 $133,200
2021 $2,523 $209,200 $90,400 $118,800
2020 $2,479 $209,200 $90,400 $118,800
2019 $2,456 $209,200 $90,400 $118,800
2018 $2,435 $197,200 $90,400 $106,800
2017 $2,366 $197,200 $90,400 $106,800
2016 $2,366 $197,200 $90,400 $106,800
2015 $2,256 $200,900 $87,400 $113,500
2014 $2,220 $200,900 $87,400 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1323699

State-Wide MLS

APN: WEST-000047-000144