NOT LISTED FOR SALE

5 Cypress Ln Westerly, RI 02891

Estimated Value: $437,000 - $652,000

3 Beds
1.5 Baths
1,402 Sq Ft
$412/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $455,000 $325 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,757/month

Highlights

  • Marina
  • Golf Course Community
  • No HOA
  • Beach Access
  • Wood Flooring
  • Tennis Courts

About This Home

As of January 2024

Well cared for 3 Bedroom, 1 1/2 bath duplex with 1 car garage. Spacious rooms throughout. Private deck off the open kitchen/dining area. Shared yard @ 1/2 acre. Access to basement (laundry hookups) /garage from interior staircase, or exterior rear door. Located at end of short street within an easy drive to shopping, highway and the beach! No pets, fireplace may not be used.

Last Agent to Rent the Property

Denise Fusaro

BHHS New England Properties License #RES.0028456 Listed on: 01/03/2024

BHHS New England Properties

Last Renter's Agent

Denise Fusaro

BHHS New England Properties License #RES.0028456 Listed on: 01/03/2024

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,487

Year Built

  • Built in 1997

Lot Details

  • 0.48

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,402 Sq Ft Home
  • 2-Story Property
  • Marble Fireplace
  • Thermal Windows
  • Storm Doors
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Oil Water Heater

Additional Features

  • Beach Access
  • 0.48 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 1/3/24
  • 12 Month Lease Term
  • Assessor Parcel Number 5CYPRESSLANEWEST

Community Details

Overview

  • No Home Owners Association
  • Off Franklin St Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,487

Year Built

Built in 1997

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-01-03
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.48
  • Inclusions: Renter may not use fireplace. Oil tank is full upon occupancy, renter to have oil tank filled at termination of lease. Owner has a service contract with Ginger”s Oil, 110 Oak St, Westerly. Boiler will be serviced annually by Ginger’s Oil and they are also available for emergency service 24 hours a day. Landlord will pay Westerly RI minimum water fee any overages will be paid to landlord by renter.
  • Subdivision Name: Off Franklin St
  • Above Grade Finished Sq Ft: 1402.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Marble
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1402.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Waterfront Features: Beach Access
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway

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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Parking, Snow Removal, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 5CYPRESSLANEWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Aug 6, 2021
Sold by
Sorensen Jonathan P
Bought by
Rohrbacher Frank P and Rohrbacher Lori A
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Denise Fusaro
BHHS New England Properties
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%
Current Estimated Value
$618,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,010
Avg. Annual Appreciation
5.73%
Original Mortgage
$341,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 15, 2021
Sold by
Sorensen Jonathan P
Bought by
Rohrbacher Frank P and Rohrbacher Lori A
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Denise Fusaro
BHHS New England Properties
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2011
Sold by
Dixon Street Realty Ll
Bought by
Sorensen Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.58%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Contr Sorensen and Contr Mccuin
Bought by
Dixon Street Realty Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.58%
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 Buyer Sale Price Title Company
Rohrbacher Frank P $455,000 None Available
Rohrbacher Frank P $455,000 None Available
Sorensen Jonathan P -- --
Dixon Street Realty Ll -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rohrbacher Frank P $341,250
Previous Owner Surensen Kenneth $216,000
Previous Owner Surensen Kenneth $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2024 01/06/24 Rented $2,500 0.0% --
01/03/2024 01/03/24 For Rent $2,500 0.0% --
06/15/2021 06/15/21 Sold $455,000 +4.6% $93 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $435,000 -- $89 / 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 $4,487 $429,400 $123,400 $306,000
2023 $4,363 $429,400 $123,400 $306,000
2022 $4,337 $429,400 $123,400 $306,000
2021 $4,204 $348,600 $107,400 $241,200
2020 $4,131 $348,600 $107,400 $241,200
2019 $4,093 $348,600 $107,400 $241,200
2018 $3,967 $321,200 $107,400 $213,800
2017 $3,854 $321,200 $107,400 $213,800
2016 $3,854 $321,200 $107,400 $213,800
2015 $3,699 $329,400 $109,600 $219,800
2014 $3,640 $329,400 $109,600 $219,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1350365

State-Wide MLS

APN: WEST-000098-000060