NOT LISTED FOR SALE

4 Spruce St Westerly, RI 02891

Estimated Value: $458,284 - $484,000

3 Beds
2 Baths
1,787 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $400,000 $224 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,801/month

69 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Colonial Architecture
  • Attic
  • 5-minute walk to Wilcox Park

About This Home

As of May 2024

Charming fixer upper with detached garage near sought after downtown Westerly includes 3 bedrooms, 2 bath, eat in Kitchen, Dining Room, and sunny Florida room as well as Cozy fireplace in open Living Room. Full basement has lots of room for laundry area and storage as well as second bath and access to fenced in backyard. Located near shops, restaurants Amtrak, Wilcox Park, Live theater, golfing and more. Easy access to Route 95 and less than 20 minutes to Pfizer and Electric Boat.

Last Agent to Sell the Property

Cathy Lathrop

WATERFRONT PROPERTIES License #REB.0018352 Listed on: 03/03/2024

Last Buyer's Agent

Jeff Valentine

William Pitt Sotheby's Int'l License #RES.0042735

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,787 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Permanent Attic Stairs
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 4SPRUCESTWEST

Community Details

Overview

  • Westerly Near Downtown Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,450

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Inclusions: Charming fixer upper with detached garage near sought after downtown Westerly includes 3 bedrooms, 2 bath, eat in Kitchen, Dining Room, and sunny Florida room as well as Cozy fireplace in open Living Room. Full basement has lots of room for laundry area and storage as well as second bath and access to fenced in backyard. Located near shops, restaurants Amtrak, Wilcox Park, Live theater, golfing and more. Easy access to Route 95 and less than 20 minutes to Pfizer and Electric Boat.
  • Subdivision Name: Westerly near downtown
  • Above Grade Finished Sq Ft: 1787.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 1787.0
  • Dining Room Type: Bathroom, Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 4SPRUCESTWEST
  • Zoning: P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2450.36
  • Tax Lot: 123
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
May 17, 2024
Sold by
Diekmann Mark S and Diekmann Michael D
Bought by
Volz James W and Volz Lynda T
Seller's Agent
Cathy Lathrop
WATERFRONT PROPERTIES
Buyer's Agent
Jeff Valentine
William Pitt Sotheby's Int'l
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
69
Current Estimated Value
$470,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,571
Avg. Annual Appreciation
7.01%
Original Mortgage
$300,000
Outstanding Balance
$296,786
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,427
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
Volz James W $400,000 None Available
Volz James W $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volz James W $300,000
Closed Volz James W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $400,000 +0.3% $224 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
03/03/2024 03/03/24 For Sale $399,000 -- $223 / 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 $2,838 $271,600 $102,600 $169,000
2023 $2,759 $271,600 $102,600 $169,000
2022 $2,743 $271,600 $102,600 $169,000
2021 $2,808 $232,800 $89,200 $143,600
2020 $2,759 $232,800 $89,200 $143,600
2019 $2,733 $232,800 $89,200 $143,600
2018 $2,635 $213,400 $89,200 $124,200
2017 $2,561 $213,400 $89,200 $124,200
2016 $2,561 $213,400 $89,200 $124,200
2015 $2,495 $222,200 $91,100 $131,100
2014 $1,860 $222,200 $91,100 $131,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1353699

State-Wide MLS

APN: WEST-000057-000123