5 Compass Way Unit 102 Westerly, RI 02891
1
Bed
2
Baths
1,190
Sq Ft
$550/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- In Ground Pool
- Water Views
- Water Access
- Senior Community
About This Home
As of February 2024Upgrades and Ocean Views! Ready for occupancy, this condo has many upgrades including a screened in porch looking out to the ocean, a gas fireplace for cozy evenings, two full bathrooms, custom outfitted closets and beautiful wide plank wood flooring!
This condo can easily sleep four with its master bedroom ensuite and a den which is large enough to be a second bedroom or a den/office! This condominium also features a heated indoor parking and storage! With a beautiful outdoor area, this condominium also features a gas hookup for your grill! No messy gas tanks to ever refill!
Enjoy carefree living, low monthly maintenance, inexpensive natural gas for heating and five star living with a community club house complete with kitchen, heated outdoor salt water pool, a great exercise room in a 55+ community that is active and engaged! Join the bridge group, the movie club or the book club, take trips to museums and sporting events and participate in the parties and celebrations that this vibrant community offers!
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0040274 Listed on: 11/02/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,147
Year Built
- Built in 2016
Lot Details
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $550 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
- Unassigned Parking
Home Design
- Stone Foundation
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,190 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Water Views
- Intercom
Kitchen
- Oven
- Range
- Microwave
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Accessibility Features
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient Insulation
- Energy-Efficient Doors
Outdoor Features
- In Ground Pool
- Water Access
- Screened Patio
- Outdoor Grill
- Porch
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 5COMPASSWY102WEST
Community Details
Overview
- Senior Community
- 40 Units
- Champlin Woods Subdivision
- On-Site Maintenance
- Maintained Community
Amenities
- Shops
- Clubhouse
- Recreation Room
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Trails
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2020
Closed on
Apr 12, 2021
Sold by
Jones Charles E and Jones Michele R
Bought by
Mulcahey Richard and Pike Laurie
Seller's Agent
Donna Simmons
Mott & Chace Sotheby's Intl.
Buyer's Agent
John Blair
Mott & Chace Sotheby's Intl.
List Price
$529,000
Sold Price
$480,000
Premium/Discount to List
-$49,000
-9.26%
Total Days on Market
130
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,812
Avg. Annual Appreciation
9.05%
Original Mortgage
$380,000
Outstanding Balance
$346,283
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,529
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | Purchase Money Mortgage | |
| Previous Owner | $307,200 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2024 02/14/24 | Sold | $645,000 | -2.3% | $542 / Sq Ft |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $659,900 | +37.5% | $555 / Sq Ft |
| 04/12/2021 04/12/21 | Sold | $480,000 | -9.3% | $403 / Sq Ft |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $529,000 | +17.8% | $445 / Sq Ft |
| 02/16/2016 02/16/16 | Sold | $449,114 | +17.0% | $388 / Sq Ft |
| 01/17/2016 01/17/16 | Pending | -- | -- | -- |
| 11/09/2012 11/09/12 | For Sale | $384,000 | -- | $331 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,024 | $480,800 | $0 | $480,800 |
| 2023 | $4,421 | $435,100 | $0 | $435,100 |
| 2022 | $4,395 | $435,100 | $0 | $435,100 |
| 2021 | $5,379 | $446,000 | $0 | $446,000 |
| 2020 | $5,285 | $446,000 | $0 | $446,000 |
| 2019 | $5,236 | $446,000 | $0 | $446,000 |
| 2018 | $5,354 | $433,500 | $0 | $433,500 |
| 2017 | $5,202 | $433,500 | $0 | $433,500 |
| 2016 | $5,192 | $432,700 | $0 | $432,700 |
| 2015 | $2,131 | $189,800 | $0 | $189,800 |
| 2014 | $276 | $25,000 | $0 | $25,000 |
Source: Public Records
Agents Affiliated with this Home
-
John Blair
J
Seller's Agent in 2024
John Blair
Mott & Chace Sotheby's Intl.
(857) 919-0923
14 in this area
41 Total Sales
-
Larry Burns
Buyer's Agent in 2024
Larry Burns
Compass / Lila Delman Compass
(401) 222-0656
57 in this area
74 Total Sales
-
Donna Simmons
Seller's Agent in 2021
Donna Simmons
Mott & Chace Sotheby's Intl.
(401) 439-0268
46 in this area
49 Total Sales
-
J
Seller's Agent in 2016
Jean Crowley
Coldwell Banker Coastal Homes
-
E
Seller Co-Listing Agent in 2016
Elizabeth Goor
Coldwell Banker Coastal Homes
-
Heather Morrone
Buyer's Agent in 2016
Heather Morrone
Coldwell Banker Coastal Homes
(401) 578-2358
28 in this area
91 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1268899
APN: WEST-000139-000001D-C000102
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