NOT LISTED FOR SALE

4 Olive Grove Ln Westerly, RI 02891

Estimated Value: $772,250 - $974,000

3 Beds
2.5 Baths
2,100 Sq Ft
$422/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $599,900 $286 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,412/month

295 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Wooded Lot
  • 1.57 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of November 2020

Great location!! Under construction with all of the details and quality you would expect from your custom home. Stylish 2100 sq. ft. Colonial abuts Shelter Harbor Golf Course in a private wooded setting. Relaxing first floor master suite offers comfort and ease with a generous walk in closet. Formal dining and living areas with a custom gas fireplace add ambiance to the open floor plan. The bright spacious kitchen features a large central island complete with granite countertops, a breakfast nook and full sliders opening to a rear deck ideal for entertaining. Gleaming hardwoods throughout, central air, first floor laundry room, two additional bedrooms and full bath on the second level round out quality design elements in this distinctive home. The welcoming covered front porch, two car attached garage and sliding door walkout basement offers additional storage space. This home is a perfect summer retreat or year round residence and there is still time for you to choose your finishing touches.

Last Agent to Sell the Property

Mary Phelan

Residential Properties Ltd. License #RES.0043844 Listed on: 12/23/2019

Residential Properties Ltd.

Last Buyer's Agent

Colleen Mercurio

Redfin Corporation License #RES.0045167

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,526

Year Built

  • Built in 2019

Lot Details

  • 1.57 Acre Lot
  • Wooded Lot
  • Property is zoned R30

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Storage Room
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 4OLIVEGROVELANEWEST

Community Details

Overview

  • Shelter Harbor Subdivision

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,526

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5711
  • Subdivision Name: Shelter Harbor
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 2100.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 68437.0
  • Parcel #: 4OLIVEGROVELANEWEST
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 47
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Nov 13, 2020
Sold by
Bloom Ronald L
Bought by
Bloom Ronald L and Bloom Deborahlynn
Seller's Agent
Mary Phelan
Residential Properties Ltd.
Buyer's Agent
Colleen Mercurio
Redfin Corporation
List Price
$599,000
Sold Price
$599,900
Premium/Discount to List
$900
0.15%
Total Days on Market
295
Current Estimated Value
$885,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,413
Avg. Annual Appreciation
8.22%
Original Mortgage
$479,920
Outstanding Balance
$435,738
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$425,063

Purchase Details

Listed on
Dec 23, 2019
Closed on
Nov 10, 2020
Sold by
Gleason Michael
Bought by
Bloom Ronald L
Seller's Agent
Mary Phelan
Residential Properties Ltd.
Buyer's Agent
Colleen Mercurio
Redfin Corporation
List Price
$599,000
Sold Price
$599,900
Premium/Discount to List
$900
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,920
Outstanding Balance
$435,738
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$425,063

Purchase Details

Closed on
Jan 18, 2018
Sold by
Desimone Stephen R
Bought by
Gleason Michael E
Source: Public Records

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Range of Values:

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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
Bloom Ronald L -- None Available
Bloom Ronald L $599,900 None Available
Gleason Michael E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom Ronald L $479,920
Previous Owner Gleason Michael E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $599,900 +0.2% $286 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $599,000 -- $285 / 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 $5,526 $563,300 $156,500 $406,800
2023 $5,419 $563,300 $156,500 $406,800
2022 $5,385 $563,300 $156,500 $406,800
2021 $5,325 $462,200 $137,400 $324,800
2020 $3,667 $324,200 $137,400 $186,800
2019 $1,279 $114,200 $114,200 $0
2018 $1,357 $114,200 $114,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1243574

State-Wide MLS

APN: 115 47 B