NOT LISTED FOR SALE

48 Spring St Westerly, RI 02891

Estimated Value: $493,019 - $757,000

4 Beds
2 Baths
1,675 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $530,000 $316 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,400/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Deck
  • Attic
  • Cedar Closet

About This Home

As of August 2024

Are you in the market for a Westerly gem? You will love being able to walk just about anywhere in town from this lovely colonial home. Almost 30 windows fill this home with sunshine. The spacious kitchen with granite countertops, an island and an abundance of storage is sure to please any foodie This home is spacious, open and boasts four bedrooms and two full baths. A stackable laundry unit is conveniently located on the first floor. The gleaming hardwood floors make this home feel welcoming and special. The mudroom is the perfect catch-all for shoes, coats, backpacks and umbrellas or whatever you have that may need managing. A large cedar closet in the full walk-up attic can accommodate all your seasonal attire. As a "just in case" precaution, there's a generator ready at the flip of a switch to keep home life running smoothly no matter the weather. If you are the "outdoorsy" type, the large deck with a canvas roll-out awning awaits you. There's even a private outdoor shower with H&C running water for a quick rinse after a day at the beach. But wait. There's more. This property comes with an additional small lot that would be perfect for an ADU (Additional Dwelling Unit). Ask me for more information. Don't miss out on this extraordinary opportunity! Contact me or your favorite Realtor for a private showing.

Last Agent to Sell the Property

Tamara Brennan

Brennan Brokerage License #REB.0019620 Listed on: 07/11/2024

Brennan Brokerage

Last Buyer's Agent

Nicholas Gannon

Compass License #RES.0045873

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Property is zoned R6

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,675 Sq Ft Home
  • 2-Story Property
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Block 56
  • Assessor Parcel Number 48SPRINGSTWEST

Community Details

Overview

  • Melrose Heights Subdivision

Amenities

  • Shops
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,260

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: Melrose Heights
  • Above Grade Finished Sq Ft: 1675.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1931
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Cedar Closet(s), Permanent Attic Stairs, Tub Shower
  • Living Area: 1675.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 48SPRINGSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3260.0
  • Tax Block: 56
  • Tax Lot: 00
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 1999
Sold by
Turano Charles P and Beaudreau Kathryn
Bought by
Grayson Arthur P and Grayson Harriet M
Current Estimated Value
$590,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$29,664
Interest Rate
7.6%
Estimated Equity
$561,091
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
Grayson Arthur P $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grayson Arthur P $60,000
Open Grayson Arthur P $100,000
Previous Owner Grayson Arthur P $81,700
Previous Owner Grayson Arthur P $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $530,000 +0.8% $316 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $526,000 -- $314 / 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 $3,210 $307,200 $108,100 $199,100
2023 $3,121 $307,200 $108,100 $199,100
2022 $3,103 $307,200 $108,100 $199,100
2021 $3,107 $257,600 $94,000 $163,600
2020 $3,053 $257,600 $94,000 $163,600
2019 $3,024 $257,600 $94,000 $163,600
2018 $2,845 $230,400 $94,000 $136,400
2017 $2,765 $230,400 $94,000 $136,400
2016 $2,765 $230,400 $94,000 $136,400
2015 $2,649 $235,900 $95,900 $140,000
2014 $2,607 $235,900 $95,900 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1363467

State-Wide MLS

APN: WEST-000077-000056