NOT LISTED FOR SALE

4 Abbey Ln Unit 23 Westerly, RI 02891

Estimated Value: $642,000 - $719,000

2 Beds
2 Baths
1,520 Sq Ft
$150/mo HOA Fee

Last Sold February 12, 2021

Last sale price $468,000 $308 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,128/month

607 Days on Market

Highlights

  • Marina
  • Under Construction
  • Deck
  • Golf Course Community
  • Active Adult
  • Wooded Lot

About This Home

As of February 2021

Your new lifestyle awaits you at the beautiful new development named Lathrop Farms Condominiums, off South Drive in Westerly RI. This community is age restricted, one buyer must be over 55. These spacious units boast hardwood floors throughout, upscale kitchens with granite counters and a large island. Generous allowances given for appliances and lighting. This model is the market rate base unit with one floor of well planned living space. . These upscale homes provide single floor living (with option for a second floor) including your master suite, large closets, open living/dining area and a second bedroom that can be used as an office. Your energy efficient low maintenance home will provide peace of mind for decades to come. The professional landscaping will be taken care of for you. Sit on your back patio and just enjoy the view of mature trees surrounding the development. Be as active as you way or just relax with newly found neighbor friends. For those of you with large families, finish off the second floor and invite them for a visit! It's just a few minutes drive to area beaches, attractions and restaurants. Downtown Westerly offers a diverse collection of eating and drinking establishments, quaint shops, art galleries and antique shops line historic downtown Westerly. 10% deposit becomes non refundable after framing begins.

Last Agent to Sell the Property

Lori Moore

Northeast Property Group License #RES.0035303 Listed on: 05/16/2019

Last Buyer's Agent

Liz Andersen Warner

RE/MAX South County License #RES.0041331

RE/MAX South County

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Security Fence
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 4ABBEYLANE23WEST

Community Details

Overview

  • Active Adult
  • Use 22 South Dr For Directions Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,667

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: use 22 South Dr for directions
  • Above Grade Finished Sq Ft: 1520.0
  • Building Name: Lathrop Farms Condomin
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2019
  • Property Sub Type Additional: Condominium
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1520.0
  • Stories: 1
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Security
  • Lot Features: Sprinkler System, Wooded
  • Construction Type: Drywall, Masonry, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, 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: Yes
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 4ABBEYLANE23WEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 131
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jan 17, 2021
Sold by
South Drive Dev
Bought by
Wendth Jeffrey C and Wendth Ann F
Seller's Agent
Lori Moore
Northeast Property Group
Buyer's Agent
Liz Andersen Warner
RE/MAX South County
List Price
$468,000
Sold Price
$468,000
Current Estimated Value
$676,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,870
Avg. Annual Appreciation
6.34%
Original Mortgage
$140,400
Outstanding Balance
$126,797
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$495,253
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
Wendth Jeffrey C $468,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendth Jeffrey C $140,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $468,000 0.0% $308 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
05/16/2019 05/16/19 For Sale $468,000 -- $308 / 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 $4,667 $446,600 $0 $446,600
2023 $4,537 $446,600 $0 $446,600
2022 $4,511 $446,600 $0 $446,600
2021 $4,393 $364,300 $0 $364,300
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Moore

    Seller's Agent in 2021

    Lori Moore

    Northeast Property Group

    (401) 741-6686

    32 in this area

    49 Total Sales

    Lori Moore
    Section Image
  • Liz Andersen Warner

    Buyer's Agent in 2021

    Liz Andersen Warner

    RE/MAX South County

    (401) 714-6359

    42 in this area

    82 Total Sales

    Liz Andersen Warner
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1223773

State-Wide MLS

APN: 97 131 23

Rhode Island Washington County Westerly 02891

4 Abbey Ln Unit 23, Westerly, RI

This home is located at 4 Abbey Ln Unit 23, Westerly, RI 02891 since 16 May 2019 and is currently estimated at $676,870, approximately $445 per square foot. This property was built in 2019. 4 Abbey Ln Unit 23 is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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