NOT LISTED FOR SALE

481 Atlantic Ave Westerly, RI 02891

Estimated Value: $2,294,336 - $3,030,000

3 Beds
3 Baths
2,304 Sq Ft
$1,164/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $2,700,000 $1,172 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,503/month

34 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Tennis Courts
  • Marina
  • Deck
  • Walking Distance to Water

About This Home

As of August 2024

Atlantic Ocean Beachfront! This fantastic home is on 1/3 of an acre of pristine beach with extraordinary views of Block Island, Montauk and beyond. There are views of the Atlantic Ocean beachside and lovely views of Winnapaug salt water pond on the front side. Views, views, and more views! The entire beach-facing side is ensconced with glass for explosive views from every vantage point. There are three bedrooms and one bath. Recently remodeled with new paneling, a new kitchen with a gas rangetop,a new bathroom, new flooring and a wood burning stove for fall and winter evenings! Simply grab your beach chairs, toes in the sand and move in! The expansive beachfront deck has new flooring and new railings and is perfect for your morning coffee and to watch the beauty of the Atlantic Ocean. There is a great lower level for extra storage along with two full baths. Adding to the perfection is an extraordinary screened in porch which measures 33 x 16 and is fabulous for after beach games and family fun. The porch adds so many opportunities to potentially expand living space !!! So many opportunities abound with this wonderful new offering. Located within minutes to the seaside Village resort of the Watch Hill, the iconic Ocean House and the great Olympia Tea Room.

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 06/27/2024

Last Buyer's Agent

Team KEY

KEY Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,875

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Beach Front

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage Room
  • Utility Room
  • Water Views

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number 481ATLANTICAVWEST

Community Details

Overview

  • Misquamicut Beachfront Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,875

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Subdivision Name: MISQUAMICUT BEACHFRONT
  • Above Grade Finished Sq Ft: 1496.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 808.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 2304.0
  • Dining Room Type: Bathroom, Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 481ATLANTICAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17875.0
  • Tax Lot: 033
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 21, 2024
Sold by
Jennifer J Bourdain Ret and Bourdain
Bought by
Riccio Michael J and Riccio Carla
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Team KEY
KEY Real Estate Services
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Views
83
Current Estimated Value
$2,682,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,166
Avg. Annual Appreciation
-0.45%

Purchase Details

Closed on
Jan 7, 2022
Sold by
Sandwave Llc
Bought by
C Bourdain Ret and Bourdain

Purchase Details

Closed on
Aug 28, 2015
Sold by
481 Atlantic Ave Llc
Bought by
Sandwave Llc
Source: Public Records
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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
Riccio Michael J $1,350,000 None Available
Riccio Michael J $1,350,000 None Available
Riccio Michael J $1,350,000 None Available
C Bourdain Ret -- None Available
C Bourdain Ret -- None Available
Sandwave Llc $1,100,000 --
Sandwave Llc $1,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $2,700,000 -9.8% $1,172 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $2,995,000 -- $1,300 / 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
2025 $18,869 $2,653,900 $2,291,100 $362,800
2024 $17,988 $1,833,600 $1,639,400 $194,200
2023 $17,639 $1,833,600 $1,639,400 $194,200
2022 $17,529 $1,833,600 $1,639,400 $194,200
2021 $16,459 $1,428,700 $1,291,600 $137,100
2020 $16,159 $1,428,700 $1,291,600 $137,100
2019 $15,980 $1,426,800 $1,291,600 $135,200
2018 $15,432 $1,299,000 $1,189,600 $109,400
2017 $15,055 $1,299,000 $1,189,600 $109,400
2016 $15,172 $1,299,000 $1,189,600 $109,400
2015 $14,444 $1,334,900 $1,213,900 $121,000
2014 $14,203 $1,334,900 $1,213,900 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1362538

State-Wide MLS

APN: WEST-000155-000033