NOT LISTED FOR SALE

40 School St Westerly, RI 02891

Estimated Value: $561,000 - $629,000

6 Beds
3 Baths
4,204 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $426,000 $101 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,443/month

15 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Window Unit Cooling System

About This Home

As of December 2021

Great multi-family close to downtown Westerly. Close to local restaurants, boutique shops, Wilcox Park and more.

Last Agent to Sell the Property

Robert Richins

Mott & Chace Sotheby's Intl. License #RES.0029703 Listed on: 11/01/2021

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Renee McCammon

BHHS New England Properties License #RES.0042645

BHHS New England Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,265

Year Built

  • Built in 1890

Lot Details

  • 0.32

Home Design

  • Fixer Upper
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,204 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service

Additional Features

  • Deck
  • 0.32 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 62
  • Assessor Parcel Number 40SCHOOLSTWEST

Community Details

Overview

  • 3 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,265

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 4204.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Deck
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13940.0
  • Parcel #: 40SCHOOLSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3265.0
  • Tax Lot: 62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 17, 2021
Sold by
Lopriore Ralph E and Lopriore Henrietta E
Bought by
Wolf Garrett
Seller's Agent
Robert Richins
Mott & Chace Sotheby's Intl.
Buyer's Agent
Renee McCammon
BHHS New England Properties
List Price
$375,000
Sold Price
$426,000
Premium/Discount to List
$51,000
13.6%
Current Estimated Value
$594,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,752
Avg. Annual Appreciation
9.00%
Original Mortgage
$418,284
Outstanding Balance
$389,327
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$200,645

Purchase Details

Closed on
Jan 30, 1963
Bought by
Lopriore Ralph E and Lopriore Henrietta E
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 Buyer Sale Price Title Company
Wolf Garrett $426,000 None Available
Lopriore Ralph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Garrett $418,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $426,000 +13.6% $101 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $375,000 -- $89 / 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 $3,476 $332,600 $110,600 $222,000
2023 $3,379 $332,600 $110,600 $222,000
2022 $3,359 $332,600 $110,600 $222,000
2021 $3,265 $270,700 $96,500 $174,200
2020 $3,208 $270,700 $96,500 $174,200
2019 $3,178 $270,700 $96,500 $174,200
2018 $3,046 $246,600 $96,500 $150,100
2017 $2,959 $246,600 $96,500 $150,100
2016 $2,959 $246,600 $96,500 $150,100
2015 $2,837 $252,600 $98,400 $154,200
2014 $2,791 $252,600 $98,400 $154,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Richins

    Mott & Chace Sotheby's Intl.

    (401) 322-9299

    1 in this area

    2 Total Sales

    Robert Richins
    Section Image
  • Renee McCammon

    Buyer's Agent in 2021

    Renee McCammon

    BHHS New England Properties

    (860) 705-8084

    6 in this area

    153 Total Sales

    Renee McCammon
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1297136

State-Wide MLS

APN: WEST-000067-000062

Rhode Island Washington County Westerly 02891

40 School St, Westerly, RI

This home is located at 40 School St, Westerly, RI 02891 since 01 November 2021 and is currently estimated at $594,752, approximately $141 per square foot. This property was built in 1890. 40 School St 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