NOT LISTED FOR SALE

44 Bay St Unit 203 Westerly, RI 02891

Estimated Value: $1,124,897 - $1,386,000

1 Bed
1 Bath
504 Sq Ft
$387/mo HOA Fee

Last Sold September 21, 2020

Last sale price $775,000 $1,538 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,414/month

178 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 0.99 Acre Lot
  • Water Views
  • Water Access
  • Cathedral Ceiling

About This Home

As of September 2020

"Watch Hill Inn Villa Residence - B203 - a one bedroom • one full bath - upper level Residential Condominium in the center of Watch Hill Village, an historic Rhode Island Town at the intersection of Little Narragansett Bay, where the Atlantic Ocean meets the Long Island Sound. Featuring an upper level 15’ wide balcony with great sunset and water views overlooking the historic Watch Hill Yacht Club with Stonington CT on the horizon across the Bay. Fully furnished and approved for the “Ocean House Management Rental Program”, this unique 504 asf unit is complete with one gas burning fireplace, vaulted ceiling above 15’ wide living room, bamboo floors, marble bathroom vanity countertops, granite kitchen countertops, Kohler bath fixtures, master bedroom, and pull out queen sofa - accommodating 3-4 persons, galley Kitchen, and (1) assigned covered parking space. Participating Owner in the “Rental Program” shares in rental income, and while “in occupancy” has access and use of the “Amenities Package” offered at the two other Relais & Chateaux properties, the “Ocean House Resort Hotel”, and “Weekapaug Inn”, two Rhode Island Historic Landmarks. These include access to the OH private Atlantic beach, Spa, gym, croquette court, intra-property transportation, daily housekeeping, gourmet restaurants, OH marine fleet vessels, and much more. On site property management offers year round security surveillance.

Last Agent to Sell the Property

Mark Szaro

WATCH HILL PROPERTIES License #REB.0016103 Listed on: 02/25/2020

Last Buyer's Agent

Larry Burns

Lila Delman Compass License #RES.0041164

Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 2006

Lot Details

  • 0.99

HOA Fees

  • $387 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 504 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Additional Features

  • Security Fence
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number 44BAYSTB203WEST

Community Details

Overview

  • 20 Units
  • Watch Hill Village Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,376

Year Built

Built in 2006

Lot Details

0

HOA Fees

$387 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.9871
  • Subdivision Name: Watch Hill Village
  • Above Grade Finished Sq Ft: 504.0
  • Building Name: Bayside
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator,Second Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Elevator, Furnished, Cable TV
  • Living Area: 504.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier

Garage/Parking

  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas, Propane, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Other, Private Sewer, Septic Tank
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Sidewalks
  • Senior Community: No
  • Amenities: Maintenance
  • Association Fee: 387.22
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 43000.0
  • Parcel #: 44BAYSTB203WEST
  • Zoning: SCWH
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 8376.0
  • Tax Lot: 01
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $775,000 -6.1% $1,538 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $825,000 -- $1,637 / 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 $7,314 $745,600 $0 $745,600
2023 $7,173 $745,600 $0 $745,600
2022 $7,128 $745,600 $0 $745,600
2021 $8,001 $694,500 $0 $694,500
2020 $8,459 $747,900 $0 $747,900
2019 $8,376 $747,900 $0 $747,900
2018 $5,208 $438,400 $0 $438,400
2017 $5,081 $438,400 $0 $438,400
2016 $5,121 $438,400 $0 $438,400
2015 $4,743 $438,400 $0 $438,400
2014 $4,665 $438,400 $0 $438,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1248195

State-Wide MLS

APN: WEST-000185-000001B-000203