NOT LISTED FOR SALE

47 Salt Pond Way Westerly, RI 02891

Estimated Value: $561,229 - $766,000

3 Beds
2 Baths
1,154 Sq Ft
$583/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $345,000 $299 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,065/month

63 Days on Market

Highlights

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

About This Home

As of March 2020

Walk your kayak or paddle board down the street to the salt pond launch area and enjoy all the fun in the Winnapaug Pond. Or walk to the ocean deeded right of way. This salt box colonial has a lovely light filled family room in the rear with a solid surface deck overlooking the back yard. The home can accommodate friends and family with three bedrooms and two full baths. In cooler weather enjoy the living room and fireplace. Low maintenance yard has a shed to store the kayaks so you can spend your time at the beach, local golf and tennis, or all the activities of Westerly's downtown restaurants, shops and Wilcox Park. You will be an hour from Newport, Providence and a convenient train ride to and from New York. In the summer months there are a number of activities at the beach such as Blues on the Beach.

Last Agent to Sell the Property

Jane Larkin

BHHS New England Properties License #RES.0023581 Listed on: 12/10/2019

BHHS New England Properties

Last Buyer's Agent

Holly Powell

BHHS New England Properties License #RES.0033778

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned MDL01

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,154 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 47SALTPONDWYWEST

Community Details

Overview

  • Cove Rd Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,145

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Cove Rd
  • Above Grade Finished Sq Ft: 1154.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1951
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, 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: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1154.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 47SALTPONDWYWEST
  • Zoning: MDL01
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3145.0
  • Tax Lot: 78
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 11, 2020
Sold by
Karen Sesky Propper T
Bought by
Setterlund Stephen P
Seller's Agent
Jane Larkin
BHHS New England Properties
Buyer's Agent
Holly Powell
BHHS New England Properties
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%
Total Days on Market
63
Current Estimated Value
$672,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,307
Avg. Annual Appreciation
11.77%
Original Mortgage
$259,000
Outstanding Balance
$232,799
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,546

Purchase Details

Closed on
Mar 30, 2001
Sold by
Nicolosi Concetta C
Bought by
Propper Karen
Source: Public Records

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Range of Values:

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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
Setterlund Stephen P $345,000 None Available
Propper Karen $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setterlund Stephen P $259,000
Previous Owner Propper Karen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $345,000 -13.5% $299 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $399,000 -- $346 / 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 $3,712 $378,400 $219,500 $158,900
2023 $3,575 $371,600 $219,500 $152,100
2022 $3,552 $371,600 $219,500 $152,100
2021 $3,235 $280,800 $162,200 $118,600
2020 $3,176 $280,800 $162,200 $118,600
2019 $3,145 $280,800 $162,200 $118,600
2018 $3,179 $267,600 $162,200 $105,400
2017 $3,101 $267,600 $162,200 $105,400
2016 $3,126 $267,600 $162,200 $105,400
2015 $2,960 $273,600 $165,500 $108,100
2014 $2,911 $273,600 $165,500 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1242831

State-Wide MLS

APN: WEST-000142-000078