NOT LISTED FOR SALE

4 Beacon St Westerly, RI 02891

Estimated Value: $461,185 - $521,000

4 Beds
4 Baths
2,163 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $275,000 $127 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,873/month

240 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Shops
  • Attic
  • Public Transportation
  • Property near a hospital

About This Home

As of May 2019

Side by side duplex located in the heart of Westerly! Each unit offers 2 bedrooms and one and a half bathrooms and have kitchens which open up to spacious living space. Located on a quiet street and within walking distance to historic downtown Westerly, Wilcox Park, library, quaint restaurants, shopping and more. Great opportunity for investor or owner occupant. City water and sewer and will have new roof!

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 08/09/2018

Last Buyer's Agent

Nicholas Felicetti

Compass License #RES.0041632

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1987

Lot Details

  • 6,000

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • 6,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 4BEACONSTWEST

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,497

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Above Grade Finished Sq Ft: 2163.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 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: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6000.0
  • Parcel #: 4BEACONSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2497.0
  • Tax Lot: 21
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
May 7, 2019
Sold by
Beacon Street Properties
Bought by
Tiedmann Erin N and Tiedemann Erin N
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Nicholas Felicetti
Compass
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Current Estimated Value
$502,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,046
Avg. Annual Appreciation
9.43%
Original Mortgage
$270,019
Outstanding Balance
$239,506
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$262,540

Purchase Details

Closed on
Aug 17, 2007
Sold by
Hurst Pamela J
Bought by
Properti Beacon Street

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Bannon Robert
Bought by
Hurst Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.53%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Dubuque Gregory A and Walker-Dubuque Karen
Bought by
Bannon Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.85%
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
Tiedmann Erin N $275,000 --
Properti Beacon Street $255,000 --
Hurst Pamela $189,000 --
Bannon Robert T $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiedmann Erin N $270,019
Previous Owner Bannon Robert T $204,000
Previous Owner Bannon Robert T $150,000
Previous Owner Bannon Robert T $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $275,000 -4.8% $127 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
08/09/2018 08/09/18 For Sale $289,000 -- $134 / 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
2025 $3,000 $385,600 $144,200 $241,400
2024 $2,918 $279,200 $103,000 $176,200
2023 $2,837 $279,200 $103,000 $176,200
2022 $2,813 $278,500 $103,000 $175,500
2021 $2,679 $222,100 $89,600 $132,500
2020 $2,632 $222,100 $89,600 $132,500
2019 $2,607 $222,100 $89,600 $132,500
2018 $2,570 $208,100 $89,600 $118,500
2017 $2,497 $208,100 $89,600 $118,500
2016 $2,497 $208,100 $89,600 $118,500
2015 $2,303 $205,100 $91,400 $113,700
2014 $2,266 $205,100 $91,400 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1200688

State-Wide MLS

APN: WEST-000077-000021