NOT LISTED FOR SALE

48 Maplewood Ave Westerly, RI 02891

Estimated Value: $672,123 - $1,448,000

0.3 Acre
$2,963,437 Price per Acre
13,068 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $627,000

Est. 42% increase in value since last sale

Current estimated payment $5,098/month

6 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Level Lot

About This Lot

As of July 2024

A rare Misquamicut building lot on a quiet road at the edge of Watch Hill. Walk to your private fire district beaches and East Beach. No flood zone restrictions build your dream home without compromise. This property has been surveyed, cleared, and includes an approved 4-bedroom septic design. The Misquamicut Fire District is a family beach community nestled between the exclusive villages of Watch Hill and Weekapaug, representing one of the last great seaside values in New England. Property features include: Exclusive beach rights to the three MFD beaches, including parking & pavilions. Flat, dry land out of the flood zone with ocean views from the end of your driveway! A pitching wedge away from the 14th green at the Misquamicut Club golf course Walking distance amenities include: Restaurants Live music concerts on the beach Family movie nights at the beach Amusement parks and seasonal festivals Water sport rentals Fireworks Gift shops Antique car nights Public access to fishing, clamming and crabbing Downtown Westerly features a variety of restaurants, theatres, art galleries, live music, shops, a state-of-the-art YMCA, an outdoor skating rink, a fabulous library and the acclaimed Wilcox Park. We also have our very own Amtrak station for quick access to NYC and Boston and Westerly Airport for regional air service.

Last Agent to Sell the Property

Larry Burns

Lila Delman Compass License #RES.0041164 Listed on: 05/31/2024

Lila Delman Compass

Last Buyer's Agent

Anne Fox

Keller Williams Coastal License #REB.0018269

Keller Williams Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,987

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned MDR-20

Utilities

  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 48MAPLEWOODAVWEST

Community Details

Overview

  • Misquamicut Subdivision

Recreation

  • Golf Course Community
  • Beach Access
  • Water Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,987

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.3
  • Road Surface Type: Asphalt
  • Subdivision Name: Misquamicut
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • Waterfront Features: Beach Access, Water Access, Walk to Water

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optic Available, Municipal Utilities, Phone Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Street Lights
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Wooded Area: 10.0
  • Parcel #: 48MAPLEWOODAVWEST
  • Zoning Description: Residential
  • Zoning: MDR-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2987.0
  • Tax Lot: 41
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Nov 10, 2016
Sold by
Dunphy Donal T Est
Bought by
Lee Hei-Sun H and Lee Young-Sup
Seller's Agent
Larry Burns
Lila Delman Compass
Buyer's Agent
Larry Burns
Lila Delman Compass
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Current Estimated Value
$889,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,031
Avg. Annual Appreciation
13.62%

Purchase Details

Closed on
Sep 6, 1983
Bought by
Dunphy Donal T
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
Lee Hei-Sun H $280,000 --
Dunphy Donal T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $627,000 +2.0% --
06/06/2024 06/06/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $615,000 +119.6% --
11/10/2016 11/10/16 Sold $280,000 -5.1% --
10/11/2016 10/11/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $295,000 -- --
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 $3,046 $310,500 $310,500 $0
2023 $2,987 $310,500 $310,500 $0
2022 $2,968 $310,500 $310,500 $0
2021 $2,592 $225,000 $225,000 $0
2020 $2,545 $225,000 $225,000 $0
2019 $2,520 $225,000 $225,000 $0
2018 $2,236 $188,200 $188,200 $0
2017 $2,181 $188,200 $188,200 $0
2016 $2,236 $191,400 $191,400 $0
2015 $2,114 $195,400 $195,400 $0
2014 $2,079 $195,400 $195,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1360276

State-Wide MLS

APN: WEST-000164-000041