$415,000
SOLD JUN 30, 2021

40 Grove Ave Westerly, RI 02891

7 Beds
4 Baths
4,527 Sq Ft
5,489 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

8% Below List Price

18 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Storage Room
  • Recreation Facilities
  • Bathtub with Shower
  • Shops

About This Home

As of June 2021

Location, location, location Investors take note, this 2,330 square foot property with a finished lower level ( another 1,000 living square feet) is zoned professional -two family, and is located in downtown Westerly, close to Wilcox Park and the YMCA. Currently vacant. Work from home or purchase for investment

Last Agent to Sell the Property

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958 Listed on: 05/12/2021

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Donald Geehan

Compass License #REB.0007760

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1915

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,527 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 40GROVEAVWEST

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Amenities

  • Shops

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,461

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 4527.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Parcel #: 40GROVEAVWEST
  • Zoning: MDL-01
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3461.38
  • Tax Lot: 44
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 30, 2021
Sold by
Aztec Properties Llc
Bought by
Manfredi Dillon R
Seller's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
Buyer's Agent
Donald Geehan
Compass
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Current Estimated Value
$547,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,872
Avg. Annual Appreciation
7.21%
Original Mortgage
$332,000
Outstanding Balance
$303,838
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,672

Purchase Details

Listed on
Sep 27, 2014
Closed on
Nov 16, 2015
Sold by
Oefinger Rory
Bought by
Aztec Properties Llc
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
List Price
$379,900
Sold Price
$310,000
Premium/Discount to List
-$69,900
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Deutsche Bank Natl T C
Bought by
Amy Realty

Purchase Details

Closed on
Feb 23, 2011
Sold by
Hayes Christine C
Bought by
Deutsche Bank Natl T C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $415,000 None Available
Warranty Deed $310,000 --
Deed -- --
Foreclosure Deed $224,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 Purchase Money Mortgage
Previous Owner $287,500 No Value Available
Previous Owner $246,000 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $415,000 -7.8% $92 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $450,000 +45.2% $99 / Sq Ft
11/16/2015 11/16/15 Sold $310,000 -18.4% $137 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
09/27/2014 09/27/14 For Sale $379,900 -- $168 / 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 $3,726 $356,600 $106,400 $250,200
2023 $3,623 $356,600 $106,400 $250,200
2022 $3,602 $356,600 $106,400 $250,200
2021 $3,523 $292,100 $92,600 $199,500
2020 $3,461 $292,100 $92,600 $199,500
2019 $3,429 $292,100 $92,600 $199,500
2018 $3,388 $274,300 $92,600 $181,700
2017 $3,292 $274,300 $92,600 $181,700
2016 $3,292 $274,300 $92,600 $181,700
2015 $3,233 $287,900 $94,400 $193,500
2014 $3,189 $287,900 $94,400 $193,500
Source: Public Records

Agents Affiliated with this Home

  • Robin Knisley

    Seller's Agent in 2021

    Robin Knisley

    Mott & Chace Sotheby's Intl.

    (401) 207-9187

    33 in this area

    41 Total Sales

    Robin Knisley
    Section Image
  • Donald Geehan

    Buyer's Agent in 2021

    Donald Geehan

    Compass

    (401) 952-0105

    14 in this area

    21 Total Sales

    Donald Geehan
    Section Image
  • Sandy Bliven

    Seller's Agent in 2015

    Sandy Bliven

    RE/MAX South County

    (401) 714-6359

    93 in this area

    181 Total Sales

    Sandy Bliven
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1282286

State-Wide MLS

APN: WEST-000057-000044

Rhode Island Washington County Westerly 02891

40 Grove Ave, Westerly, RI

This home is located at 40 Grove Ave, Westerly, RI 02891 and is currently priced at $415,000, approximately $91 per square foot. This property was built in 1915. 40 Grove Ave is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes