NOT LISTED FOR SALE

5 Ridge Rd Westerly, RI 02891

Westerly Area

Estimated Value: $5,374,000 - $7,633,004

5 Beds
4.5 Baths
3,465 Sq Ft
$1,944/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2015

Last sale price $1,725,000 $498 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $40,306 / mo

306 Days on Market

Highlights

  • 1.22 Acre Lot
  • 7 Fireplaces
  • Laundry Room
  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of July 2015

Meadholme 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.

Last Agent to Sell the Property

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 08/10/2014

Last Buyer's Agent

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 08/10/2014

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 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

  • Cabin
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,239

Year Built

Built in 1900

Lot Details

1.22 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.22
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 3465.0
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3465.0
  • Dining Room Type: Laundry
  • Stories: 4

Exterior Features

  • Construction Type: Plaster, Masonry
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53143.0
  • Parcel #: 5RIDGERDWEST

Tax Info

  • Tax Annual Amount: 19239.0
  • Tax Lot: 16
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Bought by
Current Estimated Value
$6,734,251

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
Bought by
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
13.03%

Purchase Details

Closed on
May 23, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westerly, RI

  • Tim Bray Real Estate Agent - Seaport Real Estate Services

    Tim Bray

    Seaport Real Estate Services

    (959) 215-5403

    58 Total Sales

    2 in Westerly

    $835K - $1.3M Price Range

    Tim Bray
     Section Image
  • Brian Turano Real Estate Agent - Engel & Volkers Oceanside

    Brian Turano

    Engel & Volkers Oceanside

    (401) 283-1725

    56 Total Sales

    43 in Westerly

    $134K - $1.9M Price Range

    Brian Turano
     Section Image
  • Amy Swan Real Estate Agent - Berkshire Hathaway NE Prop.

    Amy Swan

    Responds Quickly

    Berkshire Hathaway NE Prop.

    (860) 300-2966

    34 Total Sales

    1 in Westerly

    $351,000 Price

    Amy Swan
     Section Image
  • David Cappucci Real Estate Agent - KEY Real Estate Services LLC

    David Cappucci

    KEY Real Estate Services LLC

    (401) 648-3156

    69 Total Sales

    14 in Westerly

    $145K - $635K Price Range

    David Cappucci
     Section Image
  • Randy Russ Real Estate Agent - Russ Real Estate

    Randy Russ

    Russ Real Estate

    (959) 213-1547

    45 Total Sales

    4 in Westerly

    $484K - $635K Price Range

    Randy Russ
     Section Image
  • Fran Wiehn Real Estate Agent - Compass Connecticut, LLC

    Fran Wiehn

    Compass Connecticut, LLC

    (959) 949-2103

    78 Total Sales

    3 in Westerly

    $375K - $620K Price Range

    Fran Wiehn
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,800,000 --
$1,725,000 --
$140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,470,000
Closed $2,470,000
Closed $565,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $40,363 $5,676,900 $3,300,300 $2,376,600
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

  • O

    Seller's Agent in 2015

    Olga Goff

    Olga B. Goff Real Estate

    (401) 212-7402

    19 Total Sales

    Olga Goff
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Map

Source: State-Wide MLS

MLS Number: 1075837

State-Wide MLS

APN: WEST-000180-000016

Rhode Island Washington County Westerly 02891

5 Ridge Rd, Westerly, RI

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State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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