5 Meadow Ridge Rd Westerly, RI 02891
Estimated Value: $827,000 - $951,000
3
Beds
2.5
Baths
2,252
Sq Ft
$401/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Tennis Courts
- Walking Distance to Water
- Deck
- Home Office
- Bathtub with Shower
About This Home
As of May 2022This pristine ranch style home has been completely remodeled in neutral tones and is waiting for you to move right in and add your personal style. A bike ride away from the beautiful beaches and entertainment found in Misquamicut, this home is on a quiet street just off Shore Road. An inviting white brick fireplace with a rustic wood mantel anchors the living room which flows into the dining area. From here, a door opens onto a sizable outdoor deck perfect for sun-basking, entertaining and al fresco dining. The kitchen sparkles with white cabinetry, grey-flecked granite countertops and new stainless appliances. Three bedrooms and two full baths make up the remaining 1300 square feet of the main living level. As a bonus, a good portion of the basement is finished and includes a large open area, an enclosed room and a half bath which increases the living space while the utility room, laundry and storage areas add the functional necessities. The house sits on a half-acre lot and its slate blue and white color scheme echo the seaside lifestyle, as does an outdoor shower for rinsing off after a day at the shore. Open the windows and let the salty breezes off the Atlantic cool the rooms or switch on the central air conditioning if it gets too hot! When the suns out, there is endless golf, biking, water sports and tennis right at your fingertips along with an array of dining, shopping and casinos to enjoy.
Last Agent to Sell the Property
Onshore Realtors License #REC.0017150 Listed on: 04/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,080
Year Built
- Built in 1976
Lot Details
- 0.46 Acre Lot
Home Design
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Fireplace Features Masonry
- Family Room
- Home Office
- Storage Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 5MEADOWRIDGERDWEST
Community Details
Amenities
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2022
Closed on
May 24, 2022
Sold by
Gorman Gregory M and Gorman Carla B
Bought by
Gillen James and Gillen Bethany
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Pamela Strunk
BHHS New England Properties
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,207
Avg. Annual Appreciation
2.71%
Purchase Details
Listed on
Apr 5, 2022
Closed on
May 20, 2022
Sold by
Brennan Timothy B and Brennan Marcia
Bought by
Gorman Carla B
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Pamela Strunk
BHHS New England Properties
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Purchase Details
Closed on
Aug 24, 2018
Sold by
Gorman Carla B
Bought by
Gorman Carla B and Goramn Gregory M
Purchase Details
Closed on
Jan 3, 2017
Sold by
Brennan 3Rd Timothy B and Brennan Marcia
Bought by
Gorman Carla B
Purchase Details
Closed on
Aug 18, 2008
Sold by
Wales Edith B
Bought by
Brennan 3Rd Timothy B and Brennan Marcia
Similar Homes in Westerly, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gillen James | $825,000 | None Available | |
| Gorman Carla B | -- | None Available | |
| Gorman Carla B | -- | -- | |
| Gorman Carla B | -- | -- | |
| Brennan 3Rd Timothy B | $395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gorman Gregory M | $200,000 | |
| Previous Owner | Gorman Carla B | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2022 05/26/22 | Sold | $825,000 | -2.9% | $366 / Sq Ft |
| 05/19/2022 05/19/22 | Pending | -- | -- | -- |
| 04/05/2022 04/05/22 | For Sale | $850,000 | -- | $377 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,744 | $585,500 | $228,000 | $357,500 |
| 2023 | $5,633 | $585,500 | $228,000 | $357,500 |
| 2022 | $5,597 | $585,500 | $228,000 | $357,500 |
| 2021 | $5,080 | $441,000 | $198,200 | $242,800 |
| 2020 | $4,988 | $441,000 | $198,200 | $242,800 |
| 2019 | $4,939 | $441,000 | $198,200 | $242,800 |
| 2018 | $4,828 | $406,400 | $198,200 | $208,200 |
| 2017 | $3,741 | $322,800 | $198,200 | $124,600 |
| 2016 | $3,770 | $322,800 | $198,200 | $124,600 |
| 2015 | $3,592 | $332,000 | $202,300 | $129,700 |
| 2014 | $2,649 | $332,000 | $202,300 | $129,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Faubert
Seller's Agent in 2022
Ben Faubert
Onshore Realtors
(401) 315-2588
108 in this area
117 Total Sales
-
Pamela Strunk
Buyer's Agent in 2022
Pamela Strunk
BHHS New England Properties
(860) 460-6678
4 in this area
31 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1306678
APN: WEST-000133-000011
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