NOT LISTED FOR SALE

495 Atlantic Ave Westerly, RI 02891

Estimated Value: $1,928,330 - $2,481,000

4 Beds
2 Baths
1,872 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $1,200,000 $641 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $12,973/month

267 Days on Market

Highlights

  • Beach Front
  • Guest House
  • Deck
  • Marina
  • Golf Course Community
  • Wood Flooring

About This Home

As of January 2017

MISQUAMICUT BEACHFRONT. Beautiful cottage oozes charm -offers custom tile,granite hardwoods w/gorgeous kitchen w/ subzero frig ice machine,wine rack & more.!Voted #1 online 2015 HGTV Ultimate House Hunt for the Tiny Homes Category. Darling cottage!!

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 03/21/2016

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 03/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,100

Year Built

  • Built in 1951

Lot Details

  • 0.41 Acre Lot
  • Beach Front
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

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

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 495ATLANTICAVWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Misquamicut Beachfront Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,100

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Subdivision Name: MISQUAMICUT BEACHFRONT
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1951
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 936.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1872.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17860.0
  • Parcel #: 495ATLANTICAVWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13100.0
  • Tax Block: 000
  • Tax Lot: 25
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jan 13, 2017
Sold by
Keefe Kevin E and Keefe Shari
Bought by
Reyes Reynaldo and Holland Tami L
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Current Estimated Value
$2,225,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,025,083
Avg. Annual Appreciation
7.07%
Original Mortgage
$960,000
Outstanding Balance
$788,282
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,436,801

Purchase Details

Closed on
Nov 24, 2008
Sold by
Henry F Bank T
Bought by
Kaesmann Lynne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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
Reyes Reynaldo $199,817 --
Pellerin David R $1,200,000 --
Kaesmann Lynne D $750,000 --
Kaesmann Lynne D $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellerin David R $960,000
Previous Owner Kaesmann Lynne D $417,000
Previous Owner Kaesmann Lynne D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $1,200,000 -14.0% $641 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,395,000 -- $745 / 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 $17,014 $2,393,000 $2,135,200 $257,800
2024 $15,783 $1,608,900 $1,413,800 $195,100
2023 $15,478 $1,608,900 $1,413,800 $195,100
2022 $15,381 $1,608,900 $1,413,800 $195,100
2021 $14,519 $1,260,300 $1,114,900 $145,400
2020 $14,254 $1,260,300 $1,114,900 $145,400
2019 $14,115 $1,260,300 $1,114,900 $145,400
2018 $13,664 $1,150,200 $1,026,900 $123,300
2017 $13,331 $1,150,200 $1,026,900 $123,300
2016 $13,434 $1,150,200 $1,026,900 $123,300
2015 $12,822 $1,185,000 $1,047,700 $137,300
2014 $12,608 $1,185,000 $1,047,700 $137,300
Source: Public Records

Agents Affiliated with this Home

  • Lori Joyal

    Seller's Agent in 2017

    Lori Joyal

    Lila Delman Compass

    (401) 742-1225

    106 in this area

    209 Total Sales

    Lori Joyal
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Map

Source: State-Wide MLS

MLS Number: 1120763

State-Wide MLS

APN: WEST-000155-000025

Rhode Island Washington County Westerly 02891

495 Atlantic Ave, Westerly, RI

Not Listed for Sale

Detached

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