NOT LISTED FOR SALE

49 Ledward Ave Westerly, RI 02891

Estimated Value: $406,770 - $578,000

3 Beds
3 Baths
1,961 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $245,000 $125 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,003/month

13 Days on Market

About This Home

As of May 2018

Fantastic opportunity to own a multi family home in Westerly. Located on a quiet street, this property features 3 one bedroom and one bathroom apartments. The kitchens and bathrooms have all been updated and have newer appliances. The property has town sewer and natural gas. Just minutes to downtown and local shopping/restaurants. This is a great investment opportunity!

Last Agent to Sell the Property

Ben Faubert

Onshore Realtors License #REC.0017150 Listed on: 05/16/2018

Last Buyer's Agent

Ben Faubert

Onshore Realtors License #REC.0017150 Listed on: 05/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1865

Lot Details

  • 0.44 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,961 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units
  • Operating Expense $5,000

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 49LEDWARDAVWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,629

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • Above Grade Finished Sq Ft: 1961.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1865
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19068.0
  • Parcel #: 49LEDWARDAVWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2629.0
  • Tax Lot: 051
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bispham Harrison
Bought by
49 Leward Ave Llc
Total Days on Market
13
Current Estimated Value
$490,693

Purchase Details

Listed on
May 16, 2018
Closed on
May 30, 2018
Sold by
Vacca Charles E
Bought by
Bispham Harison
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Ben Faubert
Onshore Realtors
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Source: Public Records

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Range of Values:

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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
49 Leward Ave Llc -- None Available
Bispham Harison $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vacca Charles E $82,800
Previous Owner Vacca Charles E $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $245,000 -2.0% $125 / Sq Ft
05/16/2018 05/16/18 For Sale $249,900 -- $127 / 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 $3,130 $299,500 $111,100 $188,400
2023 $3,043 $299,500 $111,100 $188,400
2022 $3,025 $299,500 $111,100 $188,400
2021 $2,969 $246,200 $97,100 $149,100
2020 $2,890 $243,900 $97,100 $146,800
2019 $2,862 $243,800 $97,100 $146,700
2018 $2,706 $219,100 $97,100 $122,000
2017 $2,629 $219,100 $97,100 $122,000
2016 $2,629 $219,100 $97,100 $122,000
2015 $2,519 $224,300 $99,000 $125,300
2014 $2,479 $224,300 $99,000 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1191959

State-Wide MLS

APN: WEST-000068-000051