NOT LISTED FOR SALE

5 Equity Ln Westerly, RI 02891

Estimated Value: $357,414 - $424,000

2 Beds
1 Bath
816 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $175,000 $214 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,287/month

25 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Thermal Windows
  • Golf Course Community
  • Tennis Courts
  • Tankless Water Heater

About This Home

As of July 2014

Completely remodeled 2 BR ranch on almost 3/4 acre. Located close to local amenities yet the feel of being in a "wooded" environment. Move in ready with new boiler. Close to vibrant downtown & South County beaches.

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 05/16/2014

Last Buyer's Agent

Chad Dupuis

Coldwell Banker Coastal Homes License #RES.0028718

Coldwell Banker Coastal Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1968

Lot Details

  • 0.67 Acre Lot
  • Property is zoned HC

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 5EQUITYLANEWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Franklin St. Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,448

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Subdivision Name: FRANKLIN ST.
  • Above Grade Finished Sq Ft: 816.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 816.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 29185.0
  • Parcel #: 5EQUITYLANEWEST
  • Zoning: HC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1448.0
  • Tax Lot: 16
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Burns John M
Bought by
Paul A Teranova 2018 T
Current Estimated Value
$395,354

Purchase Details

Listed on
May 16, 2014
Closed on
Jul 11, 2014
Sold by
Rudgers Linda A
Bought by
Burns John M
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Chad Dupuis
Coldwell Banker Coastal Homes
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
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
Paul A Teranova 2018 T $275,000 None Available
Paul A Teranova 2018 T A $275,000 None Available
Burns John M $175,000 --
Burns John M $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns John M $75,000
Closed Burns John M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $175,000 -2.7% $214 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $179,900 -- $220 / 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 $2,287 $233,100 $120,500 $112,600
2023 $2,242 $233,100 $120,500 $112,600
2022 $2,228 $233,100 $120,500 $112,600
2021 $2,139 $185,700 $104,700 $81,000
2020 $2,100 $185,700 $104,700 $81,000
2019 $2,080 $185,700 $104,700 $81,000
2018 $2,045 $172,100 $104,700 $67,400
2017 $1,995 $172,100 $104,700 $67,400
2016 $2,010 $172,100 $104,700 $67,400
2015 $1,858 $171,700 $101,200 $70,500
2014 $1,658 $155,800 $95,900 $59,900
Source: Public Records

Agents Affiliated with this Home

  • Andy Schilke

    Seller's Agent in 2014

    Andy Schilke

    Schilke Realty

    (401) 326-2013

    110 in this area

    250 Total Sales

    Andy Schilke
    Section Image
  • Chad Dupuis

    Buyer's Agent in 2014

    Chad Dupuis

    Coldwell Banker Coastal Homes

    (401) 261-2218

    2 in this area

    87 Total Sales

    Chad Dupuis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1068026

State-Wide MLS

APN: WEST-000088-000016

Rhode Island Washington County Westerly 02891

5 Equity Ln, Westerly, RI

This home is located at 5 Equity Ln, Westerly, RI 02891 since 16 May 2014 and is currently estimated at $395,354, approximately $484 per square foot. This property was built in 1968. 5 Equity Ln is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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