NOT LISTED FOR SALE

42 Salt Pond Way Westerly, RI 02891

Estimated Value: $459,860 - $625,000

2 Beds
1 Bath
500 Sq Ft
$1,057/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $230,000 $460 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,099/month

21 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Wood Flooring
  • Beach Access
  • Deck
  • Attic

About This Home

As of August 2017

CUTE COTTAGE WALKING DISTANCE TO SALT WATER. AMAZING AMOUNT OF OUTDOOR LIVING SPACE. DEEDED ROGHT OF WAY TO THE OCEAN. BOAT RAMP DOWN THE STREET FOR LAUNCHING YOUR KAYAK OR BOAT. VAULTED CEILING GIVES THIS SPACE A LIGHT AND AIRY FEEL. GREAT BEACH HOUSE

Last Agent to Sell the Property

Jane Larkin

BHHS New England Properties License #RES.0023581 Listed on: 07/03/2017

BHHS New England Properties

Last Buyer's Agent

Michael Bruno

Compass License #RES.0035481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1950

Lot Details

  • 3,487 Sq Ft Lot
  • Fenced
  • Property is zoned R-10

Home Design

  • Cottage
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 42SaltPondWYWEST

Community Details

Overview

  • Weekapaug Terrace /Cove Rd Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0801
  • Subdivision Name: WEEKAPAUG TERRACE /COVE RD
  • Above Grade Finished Sq Ft: 500.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 500.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Recreation Area, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3487.0
  • Parcel #: 42SaltPondWYWEST
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2338.0
  • Tax Lot: 72
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Aug 24, 2017
Sold by
Bleeker Chris W
Bought by
Schulz Megan T
Seller's Agent
Jane Larkin
BHHS New England Properties
Buyer's Agent
Michael Bruno
Compass
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$528,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,465
Avg. Annual Appreciation
10.67%
Original Mortgage
$207,000
Outstanding Balance
$175,486
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$343,112

Purchase Details

Closed on
Dec 29, 1998
Sold by
Lysy Mary
Bought by
Bleeker Chris W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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Average Value
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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
Schulz Megan T $230,000 --
Bleeker Chris W $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulz Megan T $207,000
Previous Owner Bleeker Chris W $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $230,000 -8.0% $460 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $250,000 -- $500 / 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 $2,703 $275,500 $199,900 $75,600
2023 $2,650 $275,500 $199,900 $75,600
2022 $2,634 $275,500 $199,900 $75,600
2021 $2,395 $207,900 $147,800 $60,100
2020 $2,351 $207,900 $147,800 $60,100
2019 $2,328 $207,900 $147,800 $60,100
2018 $2,378 $200,200 $147,800 $52,400
2017 $2,320 $200,200 $147,800 $52,400
2016 $2,338 $200,200 $147,800 $52,400
2015 $2,199 $203,200 $150,800 $52,400
2014 $2,162 $203,200 $150,800 $52,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jane Larkin

    BHHS New England Properties

    Section Image

  • M

    Buyer's Agent in 2017

    Michael Bruno

    Compass

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Map

Source: State-Wide MLS

MLS Number: 1166107

State-Wide MLS

APN: WEST-000142-000072

Rhode Island Washington County Westerly 02891

42 Salt Pond Way, Westerly, RI

This home is located at 42 Salt Pond Way, Westerly, RI 02891 since 03 July 2017 and is currently estimated at $528,465, approximately $1,056 per square foot. This property was built in 1950. 42 Salt Pond Way is a home located in Washington County with nearby schools including Westerly High School.

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