NOT LISTED FOR SALE

5 E Fairway Ave Westerly, RI 02891

Estimated Value: $543,000 - $671,000

2 Beds
1 Bath
758 Sq Ft
$793/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $499,000 $658 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,528/month

5 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • Thermal Windows

About This Home

As of July 2024

Welcome to 5 East Fairway Avenue, located minutes from Misquamicut beaches, a charming home located across from the 10th hole of Winnapaug Golf Course. This cozy 2-bedroom, 1-bathroom residence offers 758 square feet of comfortable living space on a generously sized lot of 9,148 square feet. Step inside and appreciate the well-appointed kitchen. The primary bedroom provides a peaceful retreat, and the second bedroom offers flexibility for guests or a home office. Outside, the expansive lot offers ample space for outdoor activities and entertaining. Whether enjoying a morning coffee or hosting gatherings with friends and family, the outdoor space is sure to impress. Located across from the 10th hole of Winnapaug Golf Course, this home presents a unique opportunity to enjoy a desirable location with a picturesque setting. Don't miss the chance to make this delightful property your own. Schedule a showing today and experience the allure of 5 East Fairway Avenue.

Last Agent to Sell the Property

Sally Cuda

Compass License #RES.0033831 Listed on: 05/20/2024

Compass

Last Buyer's Agent

Sally Cuda

Compass License #RES.0033831 Listed on: 05/20/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R20

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 758 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 5EASTFAIRWAYAVWEST

Community Details

Overview

  • Winnapaug Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,295

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: Winnapaug
  • Above Grade Finished Sq Ft: 758.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 758.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 5EASTFAIRWAYAVWEST
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3294.85
  • Tax Lot: 34
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 6, 2024
Sold by
Judith L Vars Ret and Vars
Bought by
Pcm Re Invs Partners Llc
Seller's Agent
Sally Cuda
Compass
Buyer's Agent
Sally Cuda
Compass
List Price
$499,000
Sold Price
$499,000
Views
26
Current Estimated Value
$600,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,869
Avg. Annual Appreciation
17.37%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Vars Judith L
Bought by
Judith L Vars Ret

Purchase Details

Listed on
Aug 17, 2011
Closed on
May 10, 2012
Sold by
Garston Virginia and Garston Steven
Bought by
Vars Judith L
Seller's Agent
Bill Fain
Fantastic Real Estate & Invest
Buyer's Agent
Susan Eldridge
Schilke Realty
List Price
$284,900
Sold Price
$250,000
Premium/Discount to List
-$34,900
-12.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Larkin Edwin J
Bought by
Garston Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Pcm Re Invs Partners Llc $499,000 None Available
Pcm Re Invs Partners Llc $499,000 None Available
Judith L Vars Ret -- --
Vars Judith L $250,000 --
Garston Steven $265,000 --
Judith L Vars Ret -- --
Vars Judith L $250,000 --
Garston Steven $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pcm Re Inv Partners Llc $300,000
Previous Owner Garston Steven $200,000
Previous Owner Garston Steven $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $499,000 0.0% $658 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $499,000 +99.6% $658 / Sq Ft
05/10/2012 05/10/12 Sold $250,000 -12.2% $330 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
08/17/2011 08/17/11 For Sale $284,900 -- $376 / 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 $3,360 $342,500 $230,400 $112,100
2023 $3,295 $342,500 $230,400 $112,100
2022 $3,274 $342,500 $230,400 $112,100
2021 $2,917 $253,200 $170,300 $82,900
2020 $2,864 $253,200 $170,300 $82,900
2019 $2,812 $251,100 $170,300 $80,800
2018 $2,841 $239,100 $170,300 $68,800
2017 $2,771 $239,100 $170,300 $68,800
2016 $2,793 $239,100 $170,300 $68,800
2015 $2,681 $247,800 $173,800 $74,000
2014 $2,637 $247,800 $173,800 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1358855

State-Wide MLS

APN: WEST-000141-000034