NOT LISTED FOR SALE

49 2nd St Westerly, RI 02891

Estimated Value: $743,000 - $1,038,000

3 Beds
1.5 Baths
980 Sq Ft
$885/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $385,000 $393 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,079/month

18 Days on Market

Highlights

  • Beach Access
  • Bathtub with Shower
  • Forced Air Heating System
  • Furnished
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of March 2020

Situated in the Misquamicut Fire District with private beach rights. Grab your swimsuit and head to your classic summer cottage steps away from the beach. This home is well cared for and offers 3 bedrooms, 1.5 baths with an outdoor shower. Flat lot with backyard views of the pond. Relax on the front porch and listen to the waves crashing onto shore. Updated heating system and oil tank. Vinyl sided for low maintenance. Tons of expansion potential. Being sold fully furnished. Enjoy all that Westerly has to offer and start making your summer dreams come true!

Last Agent to Sell the Property

Holly Powell

BHHS New England Properties License #RES.0033778 Listed on: 01/17/2020

BHHS New England Properties

Last Buyer's Agent

Holly Powell

BHHS New England Properties License #RES.0033778 Listed on: 01/17/2020

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Furnished

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Cesspool

Community Details

  • Misquamicut Subdivision

Listing and Financial Details

  • Tax Lot 238
  • Assessor Parcel Number 492NDSTWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2596
  • Subdivision Name: Misquamicut
  • Above Grade Finished Sq Ft: 980.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 980.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11307.0
  • Parcel #: 492NDSTWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4309.0
  • Tax Lot: 238
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 26, 2020
Sold by
Malave Jesus and Malave Janine M
Bought by
Covino John M and Schecter Michele M
Seller's Agent
Holly Powell
BHHS New England Properties
Buyer's Agent
Holly Powell
BHHS New England Properties
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$867,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,154
Avg. Annual Appreciation
15.25%
Original Mortgage
$199,000
Outstanding Balance
$176,201
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$690,953

Purchase Details

Closed on
Sep 10, 2010
Sold by
Olcese Edward L and Olcese Marie J
Bought by
Malave Jesus and Malave Janine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Covino John M $385,000 None Available
Malave Jesus $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covino John M $199,000
Previous Owner Malave Jesus $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $385,000 -3.5% $393 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $399,000 -- $407 / 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 $5,991 $842,600 $616,600 $226,000
2024 $5,789 $590,100 $421,600 $168,500
2023 $5,677 $590,100 $421,600 $168,500
2022 $5,634 $589,300 $421,600 $167,700
2021 $4,433 $384,800 $305,700 $79,100
2020 $4,352 $384,800 $305,700 $79,100
2019 $4,310 $384,800 $305,700 $79,100
2018 $4,139 $348,400 $277,900 $70,500
2017 $4,038 $348,400 $277,900 $70,500
2016 $4,069 $348,400 $277,900 $70,500
2015 $3,882 $358,800 $283,600 $75,200
2014 $3,818 $358,800 $283,600 $75,200
Source: Public Records

Agents Affiliated with this Home

  • Holly Powell

    Seller's Agent in 2020

    Holly Powell

    BHHS New England Properties

    (860) 961-2664

    41 in this area

    143 Total Sales

    Holly Powell
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Map

Source: State-Wide MLS

MLS Number: 1245127

State-Wide MLS

APN: WEST-000165-000238

Rhode Island Washington County Westerly 02891

49 2nd St, Westerly, RI

Not Listed for Sale

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