NOT LISTED FOR SALE

40 Valley Dr Westerly, RI 02891

Estimated Value: $853,000 - $1,012,000

3 Beds
2 Baths
1,835 Sq Ft
$510/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $650,000 $354 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,303/month

50 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Golf Course Community
  • Contemporary Architecture
  • Attic

About This Home

As of October 2022

Location, Location, Location. .66 acres of land that feels like so much more. A level lot with very well-manicured mature plantings. Inside you'll find tall ceilings to make the living space feel open and spacious. The first-floor main living has a double-sided stone masonry fireplace that can be enjoyed as you sit in the formal dining living room area or living room. The eat in kitchen and tv room also share the fireplace. One the first floor are 2 bedrooms that are divided by a full bath. Upstairs is a sprawling master suite with an oversized bath and walk in closet and a private balcony. Outside the master suite is an office area that overlooks the first floor. Additional storage is available in the attic that has access right from the second floor. 2 car garage comes into the laundry/mud room area. Located off of Shore Rd in Dunns Corner and only minutes to Misquamicut, Watch Hill and Downtown Westerly to name a few. Here is your chance to own a piece of Westerly. One owner home has been cared for with love.

Last Agent to Sell the Property

Deb Thomas

Schilke Realty License #RES.0031585 Listed on: 08/23/2022

Last Buyer's Agent

Donald Geehan

Compass License #REB.0007760

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,025

Year Built

  • Built in 1987

Lot Details

  • 0.66 Acre Lot
  • Property is zoned R30

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,835 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Storm Doors
  • Dryer
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 058
  • Assessor Parcel Number 40VALLEYDRWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Off Shore Rd Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,025

Year Built

Built in 1987

Lot Details

0.66 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Subdivision Name: Off Shore Rd
  • Above Grade Finished Sq Ft: 1835.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic
  • Living Area: 1835.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Masonry
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28750.0
  • Parcel #: 40VALLEYDRWEST
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6025.0
  • Tax Lot: 058
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 21, 2022
Sold by
Sposato Charles J
Bought by
Gomes Raymond K and Gomes Margaret A
Seller's Agent
Deb Thomas
Schilke Realty
Buyer's Agent
Donald Geehan
Compass
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
118
Current Estimated Value
$936,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,631
Avg. Annual Appreciation
11.63%
Original Mortgage
$265,000
Outstanding Balance
$249,100
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$687,531

Purchase Details

Closed on
Jul 18, 1989
Sold by
Ravisl Edward
Bought by
West Matthew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gomes Raymond K $650,000 None Available
West Matthew $374,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomes Raymond K $265,000
Previous Owner West Matthew $690,000
Previous Owner West Matthew $200,000
Previous Owner West Matthew $175,000
Previous Owner West Matthew $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $650,000 -7.0% $354 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $699,000 -- $381 / Sq Ft
Source: State-Wide MLS

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
2025 $5,906 $830,600 $335,300 $495,300
2024 $6,576 $670,300 $239,700 $430,600
2023 $6,240 $648,600 $239,700 $408,900
2022 $6,201 $648,600 $239,700 $408,900
2021 $6,094 $529,000 $208,400 $320,600
2020 $5,983 $529,000 $208,400 $320,600
2019 $5,925 $529,000 $208,400 $320,600
2018 $5,838 $491,400 $208,400 $283,000
2017 $5,695 $491,400 $208,400 $283,000
2016 $5,740 $491,400 $208,400 $283,000
2015 $5,422 $501,100 $212,500 $288,600
2014 $5,332 $501,100 $212,500 $288,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1318460

State-Wide MLS

APN: WEST-000131-000058

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