$749,000
SOLD DEC 27, 2019

5 Compass Way Unit 101 Westerly, RI 02891

2 Beds
2 Baths
1,856 Sq Ft
$475/mo HOA Fee

Recently Sold

$404 Per Sq Ft

14 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Active Adult
  • Water Views
  • In Ground Pool
  • Clubhouse

About This Home

As of June 2024

Move in ready, spacious condominium suite with ocean views. Beautifully appointed, gracious two bedroom plus den and two bathroom condominium suite with living room, den, and a gorgeous kitchen & dining area. The kitchen is a chef's dream with Thermador appliances and gorgeous and ample countertops for entertaining and cooking.You'll want to spend your spare time relaxing and entertaining on the screened in porch, complete with a natural gas connection for your grill! Wake up to the sound of the ocean with access to the porch from either the master bedroom or the living area. This unit features many upgrades, including a fireplace for cozy, year-round living! Enjoy an interior heated parking garage with garage door opener, clubhouse with fitness center, heated salt water pool, and spaces for gathering with neighbors, friends, and family. Surrounded by 135 acres of conservancy land with miles of nature trails, this 55+ luxury community is great for all ages. Discover tranquil Westerly living, just minutes from beaches, shopping, and restaurants.

Last Agent to Sell the Property

Donna Simmons

Mott & Chace Sotheby's Intl. License #RES.0040274 Listed on: 11/12/2019

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Anne Fox

Keller Williams Coastal License #REB.0018269

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,568

Year Built

  • Built in 2016

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • 4-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Intercom

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Sprinkler System
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5COMPASSWY101WEST

Community Details

Overview

  • Active Adult
  • 40 Units
  • Shore Road Subdivision

Amenities

  • Shops
  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,568

Year Built

Built in 2016

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Shore Road
  • Above Grade Finished Sq Ft: 1856.0
  • Building Name: Champlin Woods
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Appliances, Doors, Insulation, Water Heater, Windows
  • Building Stories: 4
  • Year Built: 2016
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Washer
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Central Vacuum, Elevator, Cable TV
  • Living Area: 1856.0
  • Stories: 4
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Porch, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Generator
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Recreation Area, Shopping, Tennis Court(s), Trails/Paths, Clubhouse
  • Senior Community: Yes
  • Amenities: Pool, Recreation Facilities, Trail(s)
  • Association Fee: 475.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 5COMPASSWY101WEST
  • Zoning: MDL-05
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 7568.0
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 12, 2022
Sold by
Schuman Allan R
Bought by
Perlstein Alan and Hamann Terry L
Seller's Agent
Anne Fox
Keller Williams Coastal
Buyer's Agent
Serene O'Connor
Residential Properties Ltd.
List Price
$990,000
Sold Price
$992,000
Premium/Discount to List
$2,000
0.2%
Views
68
Current Estimated Value
$1,164,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,338
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 27, 2019
Sold by
Bowen Allynn F and Bowen Rita J
Bought by
Schuman Allan R
Seller's Agent
Donna Simmons
Mott & Chace Sotheby's Intl.
Buyer's Agent
Anne Fox
Keller Williams Coastal
List Price
$749,000
Sold Price
$749,000

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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $992,000 None Available
Warranty Deed $749,000 None Available
Source: Public Records

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 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 $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

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1241005

State-Wide MLS

APN: WEST-000139-000001D-C000101