NOT LISTED FOR SALE

40 School St Westerly, RI 02891

Westerly Area

Estimated Value: $435,000 - $618,841

6 Beds
3 Baths
4,204 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2021

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

Est. 28% increase in value since last sale

Current estimated payment $3,294 / mo

15 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Bathtub with Shower

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
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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
  • 13,940 Sq Ft 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

0.32 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 17, 2021
Sold by
Bought by
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
$546,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,210
Avg. Annual Appreciation
5.45%
Original Mortgage
$418,284
Outstanding Balance
$377,393
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$168,817

Purchase Details

Closed on
Jan 30, 1963
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westerly, RI

  • Allen Gammons Real Estate Agent - BHHS Commonwealth Real Estate

    Allen Gammons

    BHHS Commonwealth Real Estate

    (401) 208-0582

    389 Total Sales

    1 in Westerly

    $470,000 Price

    Allen Gammons
     Section Image
  • Tracy O'Donnell Real Estate Agent - BHHS New England Properties

    Tracy O'Donnell

    BHHS New England Properties

    (401) 648-8618

    62 Total Sales

    6 in Westerly

    $99K - $1.1M Price Range

    Tracy O'Donnell
     Section Image
  • Joel Grispino Real Estate Agent - Drawbridge Realty

    Joel Grispino

    Drawbridge Realty

    (401) 681-8112

    54 Total Sales

    10 in Westerly

    $400K - $800K Price Range

    Joel Grispino
     Section Image
  • Mark Bevington Real Estate Agent - Coldwell Banker Realty

    Mark Bevington

    Coldwell Banker Realty

    (860) 238-3926

    6 Total Sales

    1 in Westerly

    $1,250,000 Price

    Mark Bevington
     Section Image
  • Ania Kent Real Estate Agent - BHHS Commonwealth Real Estate

    Ania Kent

    BHHS Commonwealth Real Estate

    (401) 593-4359

    112 Total Sales

    1 in Westerly

    $272,000 Price

    Ania Kent
     Section Image
  • Dawn Tramontano Real Estate Agent - Serhant

    Dawn Tramontano

    Serhant

    (401) 593-5673

    65 Total Sales

    2 in Westerly

    $234K - $400K Price Range

    Dawn Tramontano
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$426,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,571 $459,000 $154,000 $305,000
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

    3 Total Sales

    Robert Richins
    Section Image
  • Renee McCammon Real Estate Agent - BHHS New England Properties

    Buyer's Agent in 2021

    Renee McCammon

    BHHS New England Properties

    (860) 705-8084

    168 Total Sales

    Renee McCammon
    Section Image
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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

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