NOT LISTED FOR SALE

5 Ninigret Ave Westerly, RI 02891

Estimated Value: $3,502,000 - $8,298,257

6 Beds
8 Baths
7,614 Sq Ft
$784/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $5,250,000 $690 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $37,337/month

210 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 1.79 Acre Lot
  • Water Views
  • In Ground Pool
  • Wooded Lot

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

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958 Listed on: 11/04/2011

Mott & Chace Sotheby's Intl.

Co-Listed By

Robert Richins

Mott & Chace Sotheby's Intl. License #RES.0017833

Last Buyer's Agent

Virginia Daukas

Virginia T. Daukas Real Estate License #REB.0010787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,000

Year Built

  • Built in 1890

Lot Details

  • 1.79 Acre Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Unfinished Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Additional Features

  • In Ground Pool
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 5NINIGRETAVWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Watch Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,000

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.7899
  • Co List Office Mls Id: COLER
  • Co List Office Phone: 401-596-2390
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 5448.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2166.0
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 7614.0
  • Stories: 3

Exterior Features

  • Lot Features: Sprinkler System, Wooded
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Sprinkler/Irrigation

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • 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: 77970.0
  • Parcel #: 5NINIGRETAVWEST

Tax Info

  • Tax Annual Amount: 52000.0
  • Tax Lot: 60
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2011
Closed on
Jul 2, 2012
Sold by
Russell Edwin L
Bought by
Brown Joan B and Brown Scott
Seller's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
Buyer's Agent
Virginia Daukas
Virginia T. Daukas Real Estate
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
0.96%

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
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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% $690 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $7,500,000 -- $985 / 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
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

  • Robin Knisley

    Seller's Agent in 2012

    Robin Knisley

    Mott & Chace Sotheby's Intl.

    (401) 207-9187

    27 in this area

    35 Total Sales

    Robin Knisley
    Section Image

  • R

    Seller Co-Listing Agent in 2012

    Robert Richins

    Mott & Chace Sotheby's Intl.

  • V

    Buyer's Agent in 2012

    Virginia Daukas

    Virginia T. Daukas Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1004938

State-Wide MLS

APN: WEST-000179-000060

Rhode Island Washington County Westerly 02891

5 Ninigret Ave, Westerly, RI

Not Listed for Sale

Detached

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