NOT LISTED FOR SALE

4 Neowam Ave Westerly, RI 02891

Estimated Value: $1,893,000 - $3,215,000

4 Beds
1.5 Baths
840 Sq Ft
$2,926/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $370,000 $440 Per Sq Ft

Est. 564% increase in value since last sale

Current estimated payment $14,984/month

87 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Beach Access
  • Wood Flooring
  • Cottage

About This Home

As of April 2019

NO BEACH TRAFFIC ANY CARS SPEEDING BY IN HOPES OF CUTTING THROUGH TO ATLANTIC AVENUE. THIS 4 BEDROOM 1.5 BATH BEACH COTTAGE IS LOCATED ON A SECLUDED LESS TRAVELED SIDE STREET IN THE MISQUAMICUT FIRE DISTRICT. THE PROPERTY COMES WITH RIGHTS TO 3 PRIVATE MISQUAMICUT FIRE DISTRICT BEACHES & INCLUDES TRASH AND RECYCLING PICKUP. THERE ARE NOT MANY PROPERTIES AS SECLUDED AS THE HOUSES ON BOXWOOD AVE. THE LOCATION OFFERS A LEVEL OF PRIVACY THAT YOU CAN'T FIND IN THE REST OF THE MISQUAMICUT FIRE DISTRICT. GREAT FOR INVESTMENT OR VACATION HOME. THE HOUSE IS IN NEED OF UPDATING AND IS BEING SOLD "AS IS". CALL TODAY TO SET UP AN APPOINTMENT.

Last Listed By

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 12/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,893

Year Built

  • Built in 1954

Lot Details

  • 9,375 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Cottage
  • Block Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 4BOXWOODAVWEST

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,893

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2152
  • Above Grade Finished Sq Ft: 840.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 840.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9375.0
  • Parcel #: 4BOXWOODAVWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3893.08
  • Tax Lot: 114
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2008
Sold by
Burke John M and Burke Julie G
Bought by
Foeng Pamela E
Total Days on Market
87
Current Estimated Value
$2,457,702

Purchase Details

Closed on
Sep 27, 2001
Sold by
Lindquist Linda S
Bought by
Burke John M and Burke Julie G

Range of Values:

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Average Value
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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
Foeng Pamela E $1,655,000 --
Burke John M $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke John M $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $370,000 -12.9% $440 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $425,000 -- $506 / 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 $16,293 $1,660,900 $1,213,300 $447,600
2023 $15,978 $1,660,900 $1,213,300 $447,600
2022 $15,878 $1,660,900 $1,213,300 $447,600
2021 $16,240 $1,409,700 $1,055,500 $354,200
2020 $15,944 $1,409,700 $1,055,500 $354,200
2019 $15,789 $1,409,700 $1,055,500 $354,200
2018 $16,204 $1,364,000 $1,055,500 $308,500
2017 $15,809 $1,364,000 $1,055,500 $308,500
2016 $15,932 $1,364,000 $1,055,500 $308,500
2015 $14,072 $1,300,600 $978,200 $322,400
2014 $13,838 $1,300,600 $978,200 $322,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1211351

State-Wide MLS

APN: WEST-000179-000045