NOT LISTED FOR SALE

5 Ninigret Ave Westerly, RI 02891

Estimated Value: $2,792,000 - $7,171,000

6 Beds
8 Baths
5,448 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $5,250,000 $964 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $37,337/month

226 Days on Market

Highlights

  • In Ground Pool
  • Victorian Architecture
  • Circular Driveway
  • 1.79 Acre Lot
  • 2 Fireplaces
  • Baseboard Heating

About This Home

As of July 2012

Gracious living in this elegantly restored estate. Outstanding pond/ocean views from classic wraparound porch. Handicapped accessible inground pool and spa. Just under 2 acres of manicured lawns & well maintained landscape.

Last Agent to Sell the Property

Desa Buffum

Mott & Chace Sotheby's Intl Rt License #REB.0788801 Listed on: 11/07/2011

Mott & Chace Sotheby's Intl Rt

Last Buyer's Agent

Non Member

NON MEMBERS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 1.79 Acre Lot
  • Many Trees

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 5,448 Sq Ft Home
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Circular Driveway
  • Shared Driveway

Pool

  • In Ground Pool

Schools

  • State Street Elementary School
  • Westerly Middle School
  • Westerly High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Victorian
  • Total Sq Ft: 5448
  • Year Built: 1890
  • Directions: Rt 78 east, across rt. 1 To airport road. At end, left on watch hill road. Left on ninigret avenue. House on right hand side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 8.00
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Fireplaces: 2
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Driveway Type: Circular, Shared

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Intermediate School: Westerly

Lot Info

  • Acres: 1.7900
  • Lot Description: Treed

Rental Info

  • Lease Purchase: No

Tax Info

  • Assessor Parcel Number: 999999999

MLS Schools

  • Elementary School: State Street
  • High School: Westerly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2011
Closed on
Jul 2, 2012
Sold by
Russell Edwin L
Bought by
Brown Joan B and Brown Scott
Seller's Agent
Desa Buffum
Mott & Chace Sotheby's Intl Rt
Buyer's Agent
Non Member
NON MEMBERS
List Price
$7,500,000
Sold Price
$5,250,000
Premium/Discount to List
-$2,250,000
-30%
Current Estimated Value
$5,972,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,086
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Russell Alicia Z Est and Russell
Bought by
Washington Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Brown Joan B $2,625,000 --
Brown Joan B $2,625,000 --
Washington Trust Co $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Washington Trust Co $200,000
Previous Owner Washington Trust Co $4,875,000
Previous Owner Washington Trust Co $711,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $5,250,000 -30.0% $964 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $7,500,000 -- $1,377 / Sq Ft
Source: SmartMLS

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
2025 $73,311 $10,311,000 $7,532,000 $2,779,000
2024 $65,193 $6,645,600 $4,943,700 $1,701,900
2023 $63,931 $6,645,600 $4,943,700 $1,701,900
2022 $63,532 $6,645,600 $4,943,700 $1,701,900
2021 $69,089 $5,997,300 $4,295,400 $1,701,900
2020 $67,829 $5,997,300 $4,295,400 $1,701,900
2019 $67,170 $5,997,300 $4,295,400 $1,701,900
2018 $65,373 $5,502,800 $4,295,400 $1,207,400
2017 $63,777 $5,502,800 $4,295,400 $1,207,400
2016 $64,273 $5,502,800 $4,295,400 $1,207,400
2015 $56,695 $5,239,800 $3,987,200 $1,252,600
2014 $55,751 $5,239,800 $3,987,200 $1,252,600
Source: Public Records

Agents Affiliated with this Home

  • Desa Buffum

    Seller's Agent in 2012

    Desa Buffum

    Mott & Chace Sotheby's Intl Rt

    (401) 741-2809

    22 in this area

    35 Total Sales

    Desa Buffum
    Section Image

  • N

    Buyer's Agent in 2012

    Non Member

    NON MEMBERS

See All Agents

Map

Source: SmartMLS

MLS Number: E253442

SmartMLS

APN: WEST-000179-000060

Rhode Island Washington County Westerly 02891

5 Ninigret Ave, Westerly, RI

Not Listed for Sale

Detached

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