NOT LISTED FOR SALE

49 Fountain Dr Unit 71 Westerly, RI 02891

Estimated Value: $464,272 - $517,000

2 Beds
2.5 Baths
1,348 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $325,000 $241 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,130/month

32 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • 1 Car Attached Garage
  • Deck
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of October 2020

Your quest for the fountain of youth is over. This fashionable, spry poolside condominium resides in the Fountain Crest complex, featuring 2 bedroom suites, New Stainless Appliances, tile back splash and a single car garage. Preserve your youthful enthusiasm as you make your way from the back deck to the salt water pool. Unworried, unfazed, untroubled. Indulge in the ultimate stress free, carefree environment you've been yearning for. It is within four miles of the sprawling shoreline of Misquamicut Beach, the charming village of Watch Hill and the stunning Wilcox Park in the heart of Westerly's historic business district. After a day of play and adventure, cozy up on your deck with your drink of choice, as you replenish your spirits to do it all again the next day.

Last Agent to Sell the Property

Daniel Marantz

BHHS New England Properties License #RES.0031334 Listed on: 08/28/2020

BHHS New England Properties

Last Buyer's Agent

Vanessa Christofaro

BHHS New England Properties License #RES.0023511

BHHS New England Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 2007

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Unassigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,348 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Home Security

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 71 / 200
  • Assessor Parcel Number 49FOUNTAINDR71WEST

Community Details

Overview

  • East Ave Subdivision

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Shops
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,313

Year Built

Built in 2007

Lot Details

0

HOA Fees

$232 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: East Ave
  • Above Grade Finished Sq Ft: 1348.0
  • Building Name: Fountain Crest
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1348.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground, Community
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Pool, Recreation Area, Shopping
  • Senior Community: No
  • Amenities: Pool
  • Association Fee: 232.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 49FOUNTAINDR71WEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3313.0
  • Tax Block: 200
  • Tax Lot: 71
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 28, 2020
Sold by
Mcelwaney Daniel P and Mcelwaney Courtney L
Bought by
Ted & Donna Ferragut Ret
Seller's Agent
Daniel Marantz
BHHS New England Properties
Buyer's Agent
Vanessa Christofaro
BHHS New England Properties
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$495,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,318
Avg. Annual Appreciation
8.41%
Original Mortgage
$260,000
Outstanding Balance
$235,028
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$248,493

Purchase Details

Closed on
May 28, 2009
Sold by
Leward Grp 2 Ltd
Bought by
Mcelwaney Daniel P and Mcelwaney Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,375
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2007
Sold by
Ledward Group 2
Bought by
Sergio Cherenzia and Joshua Moran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Ted & Donna Ferragut Ret $325,000 None Available
Mcelwaney Daniel P $250,000 --
Sergio Cherenzia $237,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sergio Cherenzia $244,358
Previous Owner Sergio Cherenzia $255,375
Previous Owner Sergio Cherenzia $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $325,000 +1.6% $241 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $320,000 -- $237 / 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 $3,260 $312,000 $0 $312,000
2023 $3,170 $312,000 $0 $312,000
2022 $3,151 $312,000 $0 $312,000
2021 $3,372 $279,600 $0 $279,600
2020 $3,313 $279,600 $0 $279,600
2019 $3,283 $279,600 $0 $279,600
2018 $3,149 $255,000 $0 $255,000
2017 $3,060 $255,000 $0 $255,000
2016 $3,060 $255,000 $0 $255,000
2015 $2,770 $246,700 $0 $246,700
2014 $2,726 $246,700 $0 $246,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1262801

State-Wide MLS

APN: WEST-000087-000200-000071