$449,114
SOLD FEB 16, 2016

5 Compass Way Unit 102 Westerly, RI 02891

1 Bed
1.5 Baths
1,159 Sq Ft
2013 Built

Recently Sold

$388 Per Sq Ft

17% Above List Price

1,163 Days on Market

Highlights

  • Marina
  • Under Construction
  • Clubhouse
  • Golf Course Community
  • Waterfront
  • Wooded Lot

About This Home

As of February 2024

To be built. Deluxe condo in adult community. Top of the line amentities. Garage parking underneath. On 175 acres of protected land w/clubhouse&walking trails.Some ocean views. Taking reservations. Subject to public offering stmt/review of condo docs

Last Agent to Sell the Property

Jean Crowley

Coldwell Banker Coastal Homes License #RES.0031310 Listed on: 11/09/2012

Co-Listed By

Elizabeth Goor

Coldwell Banker Coastal Homes License #RES.0021230

Last Buyer's Agent

Heather Morrone

Coldwell Banker Coastal Homes License #RES.0035455

Coldwell Banker Coastal Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Fenced
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Plaster

Interior Spaces

  • 1,159 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Water Views
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5COMPASSWYC102WEST

Community Details

Overview

  • 40 Units
  • Shore Road Subdivision

Amenities

  • Shops
  • Public Transportation
  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,024

Year Built

Built in 2013 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: CAHN
  • Co List Office Phone: 401-596-6333
  • Subdivision Name: Shore Road
  • Above Grade Finished Sq Ft: 1159.0
  • Building Name: Champlin Woods
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Year Built: 2013
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Washer, Humidifier
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Central Vacuum, Cable TV
  • Living Area: 1159.0
  • Dining Room Type: Den, Dining Room, Kitchen, Living Room, Master Bedroom, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Paved, Waterfront, Wooded
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster
  • Exterior Features: Patio
  • Foundation Details: See Remarks
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Individual
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Shopping, Tennis Court(s), Clubhouse, Sidewalks
  • Senior Community: No
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 5COMPASSWYC102WEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Lot: 1
  • Tax Year: 2012

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
1163
Current Estimated Value
$687,812

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
Source: Public Records

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Range of Values:

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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 $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

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 $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

  • J

    Seller's Agent in 2024

    John Blair

    Mott & Chace Sotheby's Intl.

    (857) 919-0923

    14 in this area

    41 Total Sales

    John Blair
    Section Image
  • Larry Burns

    Buyer's Agent in 2024

    Larry Burns

    Compass / Lila Delman Compass

    (401) 222-0656

    57 in this area

    74 Total Sales

    Larry Burns
    Section Image
  • Donna Simmons

    Seller's Agent in 2021

    Donna Simmons

    Mott & Chace Sotheby's Intl.

    (401) 439-0268

    46 in this area

    49 Total Sales

    Donna Simmons
    Section Image

  • 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

    Heather Morrone
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1029047

State-Wide MLS

APN: WEST-000139-000001D-C000102

Rhode Island Washington County Westerly 02891

5 Compass Way Unit 102, Westerly, RI

This home is located at 5 Compass Way Unit 102, Westerly, RI 02891 and is currently priced at $449,114, approximately $387 per square foot. This property was built in 2013. 5 Compass Way Unit 102 is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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