$400,000
SOLD FEB 28, 2025
5 Beds
2 Baths
1,872 Sq Ft
10,018 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

7% Below List Price

25 Days on Market

Highlights

  • Marina
  • Deck
  • Recreation Facilities
  • Golf Course Community
  • Wood Flooring
  • Storage Room

About This Home

As of February 2025

Has the potential for 100% financing through USDA! Check with your local lender. 49 Bowling Lane in Westerly, RI, is a charming residential 2 family property situated in a peaceful neighborhood. This inviting home features a well-maintained exterior, complemented by lush landscaping. The interior of each unit offers a cozy atmosphere, with spacious living areas that are perfect for both relaxation and entertaining. The layout on unit 1 includes 3 bedrooms and 1 fully renovated bathroom, unit 2 includes 2 bedrooms and 1 fully renovated bathroom. Each unit features two brand new modern kitchens that are equipped with updated appliances as a highlight, while the living room often boasts large windows that allow for natural light to fill the space. Walking outside, to a brand new deck that overlooks a spacious backyard area, ideal for gatherings or enjoying the coastal Rhode Island weather. The location is convenient, with easy access to Foxwoods, Mohegan Sun, local amenities, parks, and some of the best beaches that Rhode Island has to offer making it a wonderful spot for anyone looking to enjoy the charm of Westerly Rhode Island. Whether as a permanent residence or a vacation getaway, 49 Bowling Lane offers a welcoming retreat in a beautiful part of New England. Schedule a private tour today!

Last Agent to Sell the Property

Matthew Mandeville

Century 21 Limitless PRG License #RES.0047223 Listed on: 12/16/2024

Century 21 Limitless PRG

Last Buyer's Agent

Matthew Mozak

Coldwell Banker Realty License #RES.0045774

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1926

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 10,018 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block A / 6
  • Assessor Parcel Number 4951BOWLINGLANEWEST

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Above Grade Finished Sq Ft: 1872.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1926
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Dining Room Type: Storage Room, Utility Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 4951BOWLINGLANEWEST
  • Zoning: R15
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2204.0
  • Tax Block: 6
  • Tax Lot: A
  • Tax Map Number: 22
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 24, 2025
Sold by
Pro Construction Llc
Bought by
Campbellone Kyle and Campbellone Robert E
Seller's Agent
Matthew Mandeville
Century 21 Limitless PRG
Buyer's Agent
Matthew Mozak
Coldwell Banker Realty
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Views
31
Current Estimated Value
$409,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,463
Avg. Annual Appreciation
4.11%
Original Mortgage
$320,000
Outstanding Balance
$318,381
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,082

Purchase Details

Closed on
Apr 10, 2024
Sold by
Alpha Holdings Llc
Bought by
Pro Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1997
Sold by
Tarbox Eileen M and Tarbox Ernest J
Bought by
Ellis Carleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.08%
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 Type Sale Price Title Company
Warranty Deed $400,000 None Available
Warranty Deed $275,000 None Available
Warranty Deed $275,000 None Available
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 Purchase Money Mortgage
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $170,000 No Value Available
Previous Owner $45,000 No Value Available
Previous Owner $63,700 No Value Available
Previous Owner $54,400 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $400,000 -7.0% $214 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $430,000 -- $230 / 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 $2,204 $224,700 $63,700 $161,000
2023 $2,087 $216,900 $63,700 $153,200
2022 $2,074 $216,900 $63,700 $153,200
2021 $1,912 $166,000 $55,400 $110,600
2020 $1,877 $166,000 $55,400 $110,600
2019 $1,859 $166,000 $55,400 $110,600
2018 $1,811 $154,300 $55,400 $98,900
2017 $1,788 $154,300 $55,400 $98,900
2016 $1,802 $154,300 $55,400 $98,900
2015 $1,909 $176,400 $66,800 $109,600
2014 $1,877 $176,400 $66,800 $109,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1374688

State-Wide MLS

APN: WEST-000022-000006A