NOT LISTED FOR SALE

5 Crescent St Westerly, RI 02891

Estimated Value: $512,000 - $694,129

6 Beds
2 Baths
2,872 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $350,000 $122 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,634/month

36 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Tankless Water Heater
  • Attic
  • Bathtub with Shower
  • Storage Room

About This Home

As of January 2018

Oldworld charm in this 2 family home off of Elm St. Each unit has 3 BR and 1 BA, front to back living room & dining room w/ hardwoods, and an eat in kitchen. Walk up attic. Oil heating. 2 car garage. Beautiful yard.

Last Agent to Sell the Property

Kimber Kettlety

Coldwell Banker Coastal Homes License #RES.0022880 Listed on: 11/02/2017

Coldwell Banker Coastal Homes

Last Buyer's Agent

Galen Mcgovern

Residential Properties Ltd. License #REB.0018549

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,097

Year Built

  • Built in 1916

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,872 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Operating Expense $9,000

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 90
  • Assessor Parcel Number 5CRESCENTSTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,097

Year Built

Built in 1916

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Above Grade Finished Sq Ft: 2872.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1916
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Individual, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 5CRESCENTSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 4097.0
  • Tax Lot: 90
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jan 9, 2018
Sold by
Haines Gail A
Bought by
Wang Jun Lan
Seller's Agent
Kimber Kettlety
Coldwell Banker Coastal Homes
Buyer's Agent
Galen Mcgovern
Residential Properties Ltd.
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Current Estimated Value
$634,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,532
Avg. Annual Appreciation
7.61%
Original Mortgage
$262,500
Outstanding Balance
$144,587
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,945

Purchase Details

Closed on
Dec 16, 2002
Sold by
Smith Charles J and Smith Pauline G
Bought by
Haines Gail A

Purchase Details

Closed on
Dec 18, 2000
Sold by
George Laurel and Smith Charles J
Bought by
Smith Charles J and Smith Pauline G
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Jun Lan $350,000 --
Haines Gail A $310,000 --
Smith Charles J $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jun Lan $262,500
Previous Owner Smith Charles J $75,000
Previous Owner Smith Charles J $151,000
Previous Owner Smith Charles J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2018 01/08/18 Sold $350,000 -4.1% $122 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $365,000 -- $127 / 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
2025 $4,499 $578,300 $198,900 $379,400
2024 $4,133 $395,500 $142,600 $252,900
2023 $4,018 $395,500 $142,600 $252,900
2022 $3,995 $395,500 $142,600 $252,900
2021 $4,115 $341,200 $124,200 $217,000
2020 $4,043 $341,200 $124,200 $217,000
2019 $4,006 $341,200 $124,200 $217,000
2018 $4,216 $341,400 $114,600 $226,800
2017 $4,097 $341,400 $114,600 $226,800
2016 $4,097 $341,400 $114,600 $226,800
2015 $4,042 $359,900 $126,700 $233,200
2014 $2,828 $359,900 $126,700 $233,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1177074

State-Wide MLS

APN: WEST-000076-000090

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