NOT LISTED FOR SALE

45 Cove Rd Westerly, RI 02891

Estimated Value: $1,475,000 - $3,166,000

4 Beds
2.5 Baths
3,024 Sq Ft
$654/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,150,000 $380 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $11,859/month

61 Days on Market

Highlights

  • Marina
  • Water Access
  • Deck
  • Golf Course Community
  • Colonial Architecture
  • Wood Flooring

About This Home

As of July 2021

Custom re-modeled home offers a resort-like oasis sprawling over 3,000 sq ft. This home provides plenty of room for the whole family & summer guests and is nestled on a large corner lot of pristinely manicured coastline property steps from Winnapaug Pond. A stunning property entrance welcomes you equipped with a stone walkway that flows into a large covered patio overlooking the quiet neighborhood. No detail was overlooked in the interior with open concept living, designer finishes and a chef grade kitchen open to the dining room. The dining room features a vaulted ceiling lined in warm wood, an accent shiplap wall and is adjacent to a sunroom that extends the living space & creates a sublime indoor-outdoor living experience. The sunroom provides access to a deck where you can relax with your favorite beverage & enjoy the lush landscaping of the backyard. The expansive living room is bright & light with plenty of windows to naturally welcome the outside in. Laundry & a full bath are also located on the main level. The 2nd level features 2 spacious bedrooms, an updated full bath & a den that flows into a large family room that accesses a large balcony with views of the pond. The 3rd level features an additional bedroom, half bath & a master bedroom with another balcony to enjoy water views. Attached 2 car garage, Buderus boiler, requisite outdoor shower & deeded access to the beach add to this home's many amenities. Don't miss this opportunity to own a little piece of heaven!

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 04/01/2021

Last Buyer's Agent

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 1920

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,024 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Zero Clearance Fireplace
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 027
  • Assessor Parcel Number 45COVERDWEST

Community Details

Amenities

  • Shops

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,636

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.34
  • Above Grade Finished Sq Ft: 3024.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Zero Clearance
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 3024.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Multiple lots, Sprinkler System
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Masonry, Vinyl Siding
  • Exterior Features: Balcony, Deck, Porch, Sprinkler/Irrigation
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Balcony, Deck, Porch, Screened

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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, 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: 14810.0
  • Parcel #: 45COVERDWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6636.0
  • Tax Lot: 027
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Landry Thomas
Bought by
Weekpaug Cove Llc
Current Estimated Value
$2,022,106

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 2, 2021
Sold by
Federico John J and Federico Joelle L
Bought by
Landry Thomas
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 5, 2013
Closed on
Oct 17, 2013
Sold by
Scott Robert A and Scott Judith I
Bought by
Federico John J and Federico Joelle L
Seller's Agent
JILL LAWLER
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Andy Schilke
Schilke Realty
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Mar 24, 2010
Sold by
Scott Robert A and Scott Judith I
Bought by
Scott Robert A and Scott Judith I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
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
Weekpaug Cove Llc -- None Available
Weekpaug Cove Llc -- None Available
Landry Thomas $1,150,000 None Available
Landry Thomas $1,150,000 None Available
Federico John J $460,000 --
Federico John J $460,000 --
Scott Robert A -- --
Scott Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landry Thomas $500,000
Previous Owner Scott Robert A $300,000
Closed Federico John J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $1,150,000 -4.2% $380 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,200,000 +160.9% $397 / Sq Ft
10/17/2013 10/17/13 Sold $460,000 -7.1% $161 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $495,000 -- $173 / 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 $9,443 $962,600 $292,100 $670,500
2023 $8,995 $935,000 $292,100 $642,900
2022 $8,832 $923,900 $292,100 $631,800
2021 $6,777 $588,300 $216,300 $372,000
2020 $6,637 $586,800 $216,300 $370,500
2019 $6,446 $575,500 $216,300 $359,200
2018 $5,915 $497,900 $216,300 $281,600
2017 $5,771 $497,900 $216,300 $281,600
2016 $5,688 $487,000 $216,300 $270,700
2015 $5,119 $473,100 $220,700 $252,400
2014 $4,937 $470,100 $220,700 $249,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1278185

State-Wide MLS

APN: WEST-000142-000027