NOT LISTED FOR SALE

42 Elm St Westerly, RI 02891

Estimated Value: $478,000 - $803,000

1.02 Acres
$670,449 Price per Acre
44,431 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $545,000

Est. 25% increase in value since last sale

Current estimated payment $4,084/month

34 Days on Market

Highlights

  • Marina
  • 1.02 Acre Lot
  • Shops
  • Golf Course Community
  • Tennis Courts
  • Property near a hospital

About This Lot

As of July 2021

Once in a lifetime opportunity to build on one of Westerlys premiere lots on beautiful Elm Street. This lot is one of the largest lots onElm street encompassing over one acre of land and has a spectacular presence which undeniably would be the envy of all as a showcase property. Elm street continues throughout the history of Westerly to be one of the most desirable streets . Located a short stroll to idyllic downtown Westerly which has a Norman Rockwell setting with spectacular Wilcox Park with loads of events such as Shakespeare in the Park art shows etc. There are fabulous restaurants, a library , shops, and everything is in reach. This lot has access to sewer and municipal water. Truly a dream come true with this once in a lifetime opportunity ( subdivision possible)

Last Agent to Sell the Property

Lori Joyal

Compass / Lila Delman Compass License #REB.0016177 Listed on: 05/05/2021

Last Buyer's Agent

Diane Nardone

Onshore Realtors License #RES.0032842

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,200

Lot Details

  • 1.02 Acre Lot
  • Fenced
  • Level Lot
  • Finished Lot(s)

Location

  • Property near a hospital

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 42ELMSTWEST

Community Details

Recreation

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

Additional Features

  • Elm Street Downtown Westerly Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 1.02
  • Road Frontage Type: City Street
  • Subdivision Name: ELM STREET DOWNTOWN WESTERLY
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Development, Residential, Single Family

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Topography: Level

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), High Traffic Location, Street Lights, Sidewalks

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 44333.0
  • Parcel #: 42ELMSTWEST
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Lot: 96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 9, 2021
Sold by
Saint Pius X Parish Corp
Bought by
Whelan Tara H
Seller's Agent
Lori Joyal
Compass / Lila Delman Compass
Buyer's Agent
Diane Nardone
Onshore Realtors
List Price
$545,000
Sold Price
$545,000
Total Days on Market
34
Current Estimated Value
$683,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,858
Avg. Annual Appreciation
5.30%
Original Mortgage
$253,500
Outstanding Balance
$232,490
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$434,423

Purchase Details

Closed on
Jan 24, 1969
Bought by
Saint Pius 10 Parish Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whelan Tara H $545,000 None Available
Saint Pius 10 Parish Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whelan Tara H $253,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $545,000 0.0% --
06/09/2021 06/09/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $545,000 -- --
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 $3,121 $298,700 $298,700 $0
2023 $3,035 $298,700 $298,700 $0
2022 $3,017 $298,700 $298,700 $0
2021 $2,285 $189,500 $189,500 $0
2020 $2,246 $189,500 $189,500 $0
2019 $2,225 $189,500 $189,500 $0
2018 $2,340 $189,500 $189,500 $0
2017 $2,274 $189,500 $189,500 $0
2016 $2,274 $189,500 $189,500 $0
2015 $2,155 $191,900 $191,900 $0
2014 $2,120 $191,900 $191,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Joyal

    Seller's Agent in 2021

    Lori Joyal

    Compass / Lila Delman Compass

    (401) 742-1225

    116 in this area

    227 Total Sales

    Lori Joyal
    Section Image

  • D

    Buyer's Agent in 2021

    Diane Nardone

    Onshore Realtors

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1281866

State-Wide MLS

APN: WEST-000066-000096

Rhode Island Washington County Westerly 02891

42 Elm St, Westerly, RI

This home is located at 42 Elm St, Westerly, RI 02891 since 05 May 2021 and is currently estimated at $683,858. 42 Elm St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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