NOT LISTED FOR SALE

48 Wawaloam Dr Westerly, RI 02891

Estimated Value: $7,016,000 - $7,789,000

8 Beds
3 Baths
2,456 Sq Ft
$2,970/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $3,300,000 $1,344 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $43,715/month

232 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of December 2012

Panoramic unobstructed Ocean views of the Atlantic from Block Island to Fisher's Island. Sit on the porch and watch the boats sail by. walk to two private beaches, tennis and Yacht Club. A classic eight bedroom shingled cottage.

Last Agent to Sell the Property

David Godden

Randall, REALTORS Compass License #REB.0007371 Listed on: 04/09/2012

Co-Listed By

Lorraine Randall

Compass License #RES.0019229

Last Buyer's Agent

David Godden

Randall, REALTORS Compass License #REB.0007371 Listed on: 04/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,216

Year Built

  • Built in 1905

Lot Details

  • 0.5

Parking

  • 3 Car Detached Garage

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,456 Sq Ft Home
  • 3-Story Property
  • Dry Bar
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • 100 Amp Service
  • Electric Water Heater
  • Cesspool
  • Cable TV Available

Additional Features

  • 0.5 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 48WAWALOAMDRWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Weekapaug Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,216

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4959
  • Co List Office Mls Id: RNDL
  • Co List Office Phone: 401-364-3388
  • Subdivision Name: WEEKAPAUG
  • Above Grade Finished Sq Ft: 2456.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1905
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Dry Bar, Cable TV
  • Living Area: 2456.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Utilities: Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 21600.0
  • Parcel #: 48WAWALOAMDRWEST
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 35216.0
  • Tax Lot: 49
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Dec 28, 2012
Sold by
Wawaloam Llc
Bought by
Gatto Susan and Gatto Joseph
Seller's Agent
David Godden
Randall, REALTORS Compass
Buyer's Agent
David Godden
Randall, REALTORS Compass
List Price
$3,800,000
Sold Price
$3,300,000
Premium/Discount to List
-$500,000
-13.16%
Current Estimated Value
$7,274,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,974,138
Avg. Annual Appreciation
6.29%
Source: Public Records

Range of Values:

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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
Gatto Susan $3,300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $3,300,000 -13.2% $1,344 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $3,800,000 -- $1,547 / 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 $46,655 $4,755,900 $4,082,300 $673,600
2023 $45,752 $4,755,900 $4,082,300 $673,600
2022 $45,466 $4,755,900 $4,082,300 $673,600
2021 $45,200 $3,923,600 $3,370,300 $553,300
2020 $44,376 $3,923,600 $3,370,300 $553,300
2019 $43,944 $3,923,600 $3,370,300 $553,300
2018 $37,750 $3,177,600 $2,660,700 $516,900
2017 $36,828 $3,177,600 $2,660,700 $516,900
2016 $37,114 $3,177,600 $2,660,700 $516,900
2015 $41,072 $3,795,900 $3,258,100 $537,800
2014 $38,438 $3,612,600 $3,116,400 $496,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Godden

    Randall, REALTORS Compass

  • L

    Seller Co-Listing Agent in 2012

    Lorraine Randall

    Compass

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Map

Source: State-Wide MLS

MLS Number: 1014421

State-Wide MLS

APN: WEST-000157-000049

Rhode Island Washington County Westerly 02891

48 Wawaloam Dr, Westerly, RI

This home is located at 48 Wawaloam Dr, Westerly, RI 02891 since 09 April 2012 and is currently estimated at $7,293,175, approximately $2,969 per square foot. This property was built in 1905. 48 Wawaloam Dr is a home located in Washington County with nearby schools including Westerly High School.

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