5 Ridge Rd Westerly, RI 02891
Estimated Value: $2,875,000 - $5,945,000
5
Beds
4.5
Baths
3,465
Sq Ft
$1,271/Sq Ft
Est. Value
Highlights
- 1.22 Acre Lot
- 7 Fireplaces
- 1 Car Attached Garage
- Wood Flooring
- Cottage
- Laundry Room
About This Home
As of July 2015Meadholme is located on one of Watch Hills quietest roads with easy access to the East Beach and the village. Wonderful architectural details both inside and out. This is a true classic house with a sensational wrap around porch to enjoy your days.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,239
Year Built
- Built in 1900
Lot Details
- 1.22 Acre Lot
Parking
- 1 Car Attached Garage
Home Design
- Cottage
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 3,465 Sq Ft Home
- 4-Story Property
- 7 Fireplaces
- Stone Fireplace
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
- Septic Tank
Community Details
- Watch Hill Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 5RIDGERDWEST
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2017
Sold by
Propertie Sierra Tango
Bought by
Quick Mark E and Daras Dimitri J
Total Days on Market
306
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,470,000
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 10, 2014
Closed on
Jul 13, 2015
Sold by
Wijeyeratne Bishop F and Wijeyeratne Nelun D
Bought by
Sierra Tango Props & Des
Seller's Agent
Olga Goff
Olga B. Goff Real Estate
Buyer's Agent
Olga Goff
Olga B. Goff Real Estate
List Price
$2,150,000
Sold Price
$1,725,000
Premium/Discount to List
-$425,000
-19.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Purchase Details
Closed on
May 23, 1997
Sold by
Maynard Margaret B
Bought by
Bishop F Michler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.08%
Similar Homes in Westerly, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quick Mark E | $3,800,000 | -- | |
| Sierra Tango Props & Des | $1,725,000 | -- | |
| Bishop F Michler | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quick Mary E | $2,470,000 | |
| Closed | Quick Mary E | $2,470,000 | |
| Closed | Quick Mark E | $2,470,000 | |
| Previous Owner | Bishop F Michler | $565,000 | |
| Previous Owner | Bishop F Michler | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2015 07/13/15 | Sold | $1,725,000 | -19.8% | $498 / Sq Ft |
| 06/13/2015 06/13/15 | Pending | -- | -- | -- |
| 08/10/2014 08/10/14 | For Sale | $2,150,000 | -- | $620 / 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 | $35,258 | $3,594,100 | $2,156,600 | $1,437,500 |
| 2023 | $34,575 | $3,594,100 | $2,156,600 | $1,437,500 |
| 2022 | $34,360 | $3,594,100 | $2,156,600 | $1,437,500 |
| 2021 | $38,151 | $3,311,700 | $1,874,200 | $1,437,500 |
| 2020 | $37,455 | $3,311,700 | $1,874,200 | $1,437,500 |
| 2019 | $36,149 | $3,227,600 | $1,874,200 | $1,353,400 |
| 2018 | $31,044 | $2,613,100 | $1,502,300 | $1,110,800 |
| 2017 | $30,286 | $2,613,100 | $1,502,300 | $1,110,800 |
| 2016 | $24,179 | $2,070,100 | $1,437,600 | $632,500 |
| 2015 | $19,565 | $1,808,200 | $1,334,400 | $473,800 |
| 2014 | $19,239 | $1,808,200 | $1,334,400 | $473,800 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Goff
O
Seller's Agent in 2015
Olga Goff
Olga B. Goff Real Estate
(401) 212-7402
16 in this area
19 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1075837
APN: WEST-000180-000016
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