$992,000
SOLD OCT 17, 2022

5 Compass Way Unit 101 Westerly, RI 02891

2 Beds
2 Baths
1,856 Sq Ft
$610/mo HOA Fee

Recently Sold

$534 Per Sq Ft

0 Day on Market

Highlights

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

About This Home

As of June 2024

This home is located at 5 Compass Way Unit 101, Westerly, RI 02891 and is currently priced at $992,000, approximately $534 per square foot. This property was built in 2013. 5 Compass Way Unit 101 is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Last Agent to Sell the Property

Anne Fox

Keller Williams Coastal License #REB.0018269 Listed on: 08/11/2022

Keller Williams Coastal

Last Buyer's Agent

Serene O'Connor

Residential Properties Ltd. License #REB.0014387

Residential Properties Ltd.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 2013

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,856 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 1
  • Assessor Parcel Number 5COMPASSWAYWYC101WEST

Community Details

Overview

  • Active Adult
  • Association fees include clubhouse, ground maintenance, parking, pool(s), recreation facilities, snow removal, trash
  • 40 Units
  • Shore Rd Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops
  • Clubhouse
  • Recreation Room

Recreation

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

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,100

Year Built

Built in 2013

Lot Details

0

HOA Fees

$610 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Shore Rd
  • Above Grade Finished Sq Ft: 1856.0
  • Building Name: Champlin Woods
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s)
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,First Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Central Vacuum, Elevator, Cable TV
  • Living Area: 1856.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Pool Features: In Ground, Salt Water, Community
  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Sprinkler/Irrigation
  • 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: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Pool, Recreation Area, Shopping, Tennis Court(s), Trails/Paths, Clubhouse
  • Senior Community: Yes
  • Amenities: Maintenance, Pool, Recreation Room, Trail(s)
  • Association Fee: 610.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Snow Removal, Trash

Lot Info

  • Parcel #: 5COMPASSWAYWYC101WEST
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 6100.0
  • Tax Lot: 1
  • Tax Year: 2022

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
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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 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

  • Lisa Szaro

    Seller's Agent in 2024

    Lisa Szaro

    Mott & Chace Sotheby's Intl.

    (401) 559-6157

    4 in this area

    16 Total Sales

    Lisa Szaro
    Section Image

  • G

    Buyer's Agent in 2024

    George Masterson

  • Geb Masterson

    Buyer's Agent in 2024

    Geb Masterson

    William Pitt Sotheby's Int'l

    (714) 473-8530

    22 in this area

    34 Total Sales

    Geb Masterson
    Section Image
  • Anne Fox

    Seller's Agent in 2022

    Anne Fox

    Keller Williams Coastal

    (401) 741-3963

    33 in this area

    69 Total Sales

    Anne Fox
    Section Image

  • S

    Buyer's Agent in 2022

    Serene O'Connor

    Residential Properties Ltd.

    (860) 857-6101

    8 in this area

    13 Total Sales

    Serene O'Connor
    Section Image
  • Donna Simmons

    Seller's Agent in 2019

    Donna Simmons

    Mott & Chace Sotheby's Intl.

    (401) 439-0268

    39 in this area

    43 Total Sales

    Donna Simmons
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1317735

State-Wide MLS

APN: WEST-000139-000001D-C000101

Rhode Island Washington County Westerly 02891

5 Compass Way Unit 101, Westerly, RI

This home is located at 5 Compass Way Unit 101, Westerly, RI 02891 and is currently priced at $992,000, approximately $534 per square foot. This property was built in 2013. 5 Compass Way Unit 101 is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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