5 Compass Way Unit 101 Westerly, RI 02891
2
Beds
2
Baths
1,856
Sq Ft
$850/mo
HOA Fee
Highlights
- Marina
- Beach Access
- In Ground Pool
- Water Views
- Golf Course Community
- Senior Community
About This Home
As of June 2024Stunning 2 Bedroom +Den w/ Fireplace easy care 55+condominium community with Ocean views. Take advantage of the coastal lifestyle with beaches and boating and nearby golf and tennis clubs without the hassles of lawn care and property maintenance. Located between the two resort communities of Watch Hill and Weekapaug, this property is perfectly situated to access the best lifestyle South County RI has to offer! Featuring a gorgeous South West facing kitchen overlooking the dining area and living room with a screened porch and cobblestone patio high on a hill with ocean views.
Entertain in the clubhouse which features a full kitchen, bar, and living room overlooking the in-ground saltwater pool. Enjoy the exercise facility, play bridge or go hiking on the 135 acres of conservation land that surround this property. 2 Pets are welcome with a 46 lb weight limit and pet application.
Last Buyer's Agent
George Masterson
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,522
Year Built
- Built in 2013
Lot Details
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $850 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
- Assigned Parking
Home Design
- Shingle Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,856 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Thermal Windows
- Water Views
- Intercom
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Low Pile Carpeting
Pool
- In Ground Pool
- Saltwater Pool
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Screened Patio
- Outdoor Grill
- Porch
Location
- Property near a hospital
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 1
- Assessor Parcel Number 5COMPASSWYC101WEST
Community Details
Overview
- Senior Community
- Association fees include clubhouse, ground maintenance, parking, pool(s), recreation facilities, snow removal, trash
- 40 Units
- Westerly Subdivision
Amenities
- Shops
- Restaurant
- Clubhouse
- Recreation Room
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Trails
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $990,000 | -5.7% | $533 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | Price Changed | $1,050,000 | -4.5% | $566 / Sq Ft |
| 02/07/2024 02/07/24 | For Sale | $1,100,000 | +10.9% | $593 / Sq Ft |
| 10/17/2022 10/17/22 | Sold | $992,000 | +0.2% | $534 / Sq Ft |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | For Sale | $990,000 | +32.2% | $533 / Sq Ft |
| 12/27/2019 12/27/19 | Sold | $749,000 | 0.0% | $404 / Sq Ft |
| 11/27/2019 11/27/19 | Pending | -- | -- | -- |
| 11/12/2019 11/12/19 | For Sale | $749,000 | +11.4% | $404 / Sq Ft |
| 02/11/2016 02/11/16 | Sold | $672,571 | +14.6% | $359 / Sq Ft |
| 01/12/2016 01/12/16 | Pending | -- | -- | -- |
| 07/24/2014 07/24/14 | For Sale | $587,000 | -- | $313 / Sq Ft |
Source: State-Wide MLS
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 | $6,709 | $642,000 | $0 | $642,000 |
| 2023 | $6,523 | $642,000 | $0 | $642,000 |
| 2022 | $6,484 | $642,000 | $0 | $642,000 |
| 2021 | $7,909 | $655,800 | $0 | $655,800 |
| 2020 | $7,771 | $655,800 | $0 | $655,800 |
| 2019 | $7,699 | $655,800 | $0 | $655,800 |
| 2018 | $7,845 | $635,200 | $0 | $635,200 |
| 2017 | $7,622 | $635,200 | $0 | $635,200 |
| 2016 | $6,884 | $573,700 | $0 | $573,700 |
| 2015 | $2,813 | $250,500 | $0 | $250,500 |
| 2014 | $276 | $25,000 | $0 | $25,000 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $300,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $992,000 | None Available | |
| Warranty Deed | $749,000 | None Available |
Source: Public Records
Similar Homes in Westerly, RI
Source: State-Wide MLS
MLS Number: 1352400
APN: WEST-000139-000001D-C000101
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