NOT LISTED FOR SALE

4 Hill St Westerly, RI 02891

Estimated Value: $509,000 - $595,000

4 Beds
2.5 Baths
3,875 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $400,000 $103 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,130/month

45 Days on Market

Highlights

  • Bathtub with Shower
  • Baseboard Heating
  • Carpet

About This Home

As of November 2022

Built in 1985- Here is an excellent opportunity to own a nicely designed duplex in a beautiful neighborhood in Westerly. #1 unit on left side is one level with 2 bedrooms, 1 full bath, eat in kitchen and living room #2 unit on right side has 2 upstairs bedrooms, 1.5 baths, an Eat in Kitchen with spacious living room. Both units have private front access and rear access, their own separated basement, deck usage and parking space. Electric heat, new septic and leach field in 2015. Situated on a beautiful spacious lot in an established neighborhood of surrounding single family homes. Tenants have been in place for several years with under market rents on month to month leases. BE SURE TO DRIVE BY AND CHECK OUT THE GREAT LOCATION.

Last Agent to Sell the Property

Holly Powell

BHHS New England Properties License #RES.0033778 Listed on: 07/29/2022

BHHS New England Properties

Last Buyer's Agent

Holly Powell

BHHS New England Properties License #RES.0033778 Listed on: 07/29/2022

BHHS New England Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1985

Lot Details

  • 0.33 Acre Lot

Home Design

  • Brick Exterior Construction
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,875 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 4HILLSTWEST

Community Details

Overview

  • 2 Units
  • Franklin Street Route 1 Subdivision

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Inclusions: Tenants have been in place for several years and current rent is well below market value.
  • Subdivision Name: Franklin Street- Route 1
  • Above Grade Finished Sq Ft: 3875.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1985
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14375.0
  • Parcel #: 4HILLSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Lot: 055
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Nov 8, 2022
Sold by
Gingerella Robert E
Bought by
Terra Capital Invs Llc
Seller's Agent
Holly Powell
BHHS New England Properties
Buyer's Agent
Holly Powell
BHHS New England Properties
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Views
144
Current Estimated Value
$517,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,500
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
Oct 18, 2013
Sold by
Rdr Holdings Llc
Bought by
Cassidy Danel T and Gingerella Robert E

Purchase Details

Closed on
Nov 29, 2006
Sold by
Healey Diane G and Healey John R
Bought by
Cagin Enterprises Llc
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
Terra Capital Invs Llc $400,000 None Available
Cassidy Danel T -- --
Cassidy Danel T -- --
Cagin Enterprises Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Healey John R $150,000
Previous Owner Healey John R $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $400,000 -6.8% $103 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $429,000 -- $111 / 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 $3,261 $312,100 $122,300 $189,800
2023 $3,171 $312,100 $122,300 $189,800
2022 $3,152 $312,100 $122,300 $189,800
2021 $3,380 $280,300 $106,300 $174,000
2020 $3,322 $280,300 $106,300 $174,000
2019 $3,291 $280,300 $106,300 $174,000
2018 $2,928 $237,100 $101,700 $135,400
2017 $2,845 $237,100 $101,700 $135,400
2016 $2,845 $237,100 $101,700 $135,400
2015 $2,686 $239,200 $103,800 $135,400
2014 $2,643 $239,200 $103,800 $135,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1316773

State-Wide MLS

APN: WEST-000098-000055