$320,000
SOLD AUG 29, 2024

40 Pleasant St Westerly, RI 02891

8 Beds
2 Baths
5,469 Sq Ft
0.75 Acres

Recently Sold

$59 Per Sq Ft

25% Below List Price

15 Days on Market

Highlights

  • Plywood Flooring
  • Balcony
  • Heating System Uses Steam
  • Attic
  • 2 Car Detached Garage

About This Home

As of August 2024

Calling all investors!! Wonderful opportunity for investors to acquire a MASSIVE two family in the historic North End of Westerly! This multi boasts eight great sized bedrooms, with a great layout in each unit. This house comes free & clear of all tenants perfect for those looking to update both units, or with some work, occupy second floor unit! First floor is in need of almost a full rehab. When units are completed, potential is there with size of units, to gross over $5000 a month in income. HOME IS BEING SOLD AS-IS!

Last Agent to Sell the Property

Lisa Raiche

Town & Shore Realty License #RES.0044708 Listed on: 07/12/2024

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #RES.0044708 Listed on: 07/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,469 Sq Ft Home
  • 3-Story Property
  • Plywood Flooring
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Additional Features

  • Balcony
  • 0.75 Acre Lot

Community Details

  • 2 Buildings
  • 2 Units
  • North End Subdivision

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 40PLEASANTSTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 5469.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Plywood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Combination, Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: 40PLEASANTSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3873.01
  • Tax Lot: 131
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2018
Sold by
Capalbo Michael and Capalbo Matthew
Bought by
Coastal Dental Realty

Purchase Details

Listed on
Jan 17, 2018
Closed on
Jan 3, 2018
Sold by
Bonvenuto Clara R Est and Wolfgang
Bought by
Capalbo Michael and Capalbo Matthew
Seller's Agent
Grace Williams
Dandurand Real Estate
Buyer's Agent
Grace Williams
Dandurand Real Estate
Sold Price
$1,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$176,250
Interest Rate
3.92%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- --
Executors Deed $117,500 --
Executors Deed $117,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $176,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $649,900 +103.1% $173 / Sq Ft
08/29/2024 08/29/24 Sold $320,000 -24.7% $59 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $425,000 0.0% $78 / Sq Ft
01/17/2018 01/17/18 For Rent $1,300 -13.3% --
01/17/2018 01/17/18 Rented $1,500 0.0% --
01/03/2018 01/03/18 Sold $235,000 -21.6% $69 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $299,900 -- $88 / 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 $4,207 $402,600 $157,800 $244,800
2023 $4,090 $402,600 $157,800 $244,800
2022 $4,066 $402,600 $157,800 $244,800
2021 $3,965 $328,800 $144,400 $184,400
2020 $3,896 $328,800 $144,400 $184,400
2019 $3,860 $328,800 $144,400 $184,400
2018 $3,833 $310,400 $144,400 $166,000
2017 $3,725 $310,400 $144,400 $166,000
2016 $3,725 $310,400 $144,400 $166,000
2015 $3,570 $317,900 $138,500 $179,400
2014 $3,154 $317,900 $138,500 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1363566

State-Wide MLS

APN: WEST-000046-000131