NOT LISTED FOR SALE

47 Terrace Ave Westerly, RI 02891

Estimated Value: $1,306,000 - $2,644,000

3 Beds
3 Baths
1,942 Sq Ft
$865/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $1,100,000 $566 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,623/month

46 Days on Market

Highlights

  • Marina
  • Contemporary Architecture
  • Wood Flooring
  • Water Access
  • Cathedral Ceiling
  • 1 Car Attached Garage

About This Home

As of October 2022

Weekapaug Terrace offers DEEDED BOAT ACCESS on Winnapaug Pond with ACCESS to the OCEAN AND PRIVATE BEACH. Enjoy kayaking, swimming, clamming, fishing and water sports.
Custom builders own home. This sunny open home features fantastic views of Block Island, Winnapaug pond, Mauntauk and the Atlantic Ocean. Steps away from the breachway and a walk to some of the areas finest beaches. Generous sized rooms with expansive deck 12x24 provides the perfect spot to look out over the water and entertain family and friends.
Private 3 floor elevator ,18x18 private roof top terrace with spiral staircase, electric and hot /cold water. Interior boasts custom over the top handrail with wrought iron balusters, crown molding, gas fireplace, granite kitchen with stainless appliances and gas stove. Master with 12x24 deck. Granite master bath with custom oversized shower. Make this house your home, year-round living, a great escape, or income producer!

Last Agent to Sell the Property

Alea French

Real Broker, LLC License #RES.0045574 Listed on: 07/31/2022

Real Broker, LLC

Last Buyer's Agent

Ryan Hazinakis

Keller Williams Coastal License #RES.0040457

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,689

Year Built

  • Built in 2020

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Gas Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Community Details

  • Marina

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 47TERRACEAVWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,689

Year Built

Built in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 1942.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Elevator
  • Living Area: 1942.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 47TERRACEAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6689.0
  • Tax Lot: 5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Oct 3, 2022
Sold by
Kassandra Claire Prop Llc
Bought by
Mast William L and Mast Karen A
Seller's Agent
Alea French
Real Broker, LLC
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$1,199,999
Sold Price
$1,100,000
Premium/Discount to List
-$99,999
-8.33%
Views
84
Current Estimated Value
$1,680,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,721
Avg. Annual Appreciation
14.86%
Original Mortgage
$879,999
Outstanding Balance
$847,035
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$808,332

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 15, 2020
Sold by
Always Forward Llc
Bought by
Elizabeth John Properties
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.17%

Purchase Details

Listed on
Jun 1, 2019
Closed on
Dec 19, 2019
Sold by
Brennan Marcia
Bought by
Always Forward Llc
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Liz Andersen Warner
RE/MAX South County
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.74%
Original Mortgage
$125,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2009
Sold by
Brennan 3Rd Timothy B and Brennan Marcia
Bought by
Brennan Marcia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mast William L $1,099,999 None Available
Elizabeth John Properties $150,000 None Available
Always Forward Llc $125,000 None Available
Brennan Marcia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mast William L $879,999
Previous Owner Always Forward Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $1,100,000 0.0% $566 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/07/2022 08/07/22 Price Changed $1,099,999 -8.3% $566 / Sq Ft
07/31/2022 07/31/22 For Sale $1,199,999 +700.0% $618 / Sq Ft
05/14/2020 05/14/20 Sold $150,000 -6.2% $65 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $159,900 +27.9% $70 / Sq Ft
12/20/2019 12/20/19 Sold $125,000 -10.1% $54 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $139,000 -- $60 / 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 $8,025 $818,000 $333,400 $484,600
2023 $7,869 $818,000 $333,400 $484,600
2022 $7,786 $814,400 $333,400 $481,000
2021 $4,973 $431,700 $214,300 $217,400
2020 $1,454 $128,600 $128,600 $0
2019 $1,440 $128,600 $128,600 $0
2018 $1,528 $128,600 $128,600 $0
2017 $1,490 $128,600 $128,600 $0
2016 $1,502 $128,600 $128,600 $0
2015 $1,420 $131,200 $131,200 $0
2014 $1,396 $131,200 $131,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1316863

State-Wide MLS

APN: WEST-000131-000005