NOT LISTED FOR SALE

5 Riverview Ave Westerly, RI 02891

Estimated Value: $554,000 - $655,000

3 Beds
1 Bath
2,112 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $505,000 $239 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,418/month

16 Days on Market

Highlights

  • Golf Course Community
  • Workshop
  • Storage Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Property near a hospital

About This Home

As of April 2022

Fantastic new offering on Riverview Ave with this lovely ranch with so many updates. New floors, new kitchen cabinets and counters, new bath, new furnace and so much more. One floor living ! Situated in an ideal location within walking distance to downtown where you can enjoy all the Westerly has to offer with wonderful restaurants and venues, the United Theater, the train station Truly a must see

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 04/04/2022

Last Buyer's Agent

Michael Lamb

Keller Williams Coastal License #RES.0043757

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1954

Lot Details

  • 0.39

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Family Room
  • Workshop
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Water Heater

Additional Features

  • 0.39 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 5RIVERVIEWAVWEST

Community Details

Overview

  • Beach Street Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,900

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3884
  • Subdivision Name: BEACH STREET
  • Above Grade Finished Sq Ft: 1380.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 732.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 2112.0
  • Dining Room Type: Family Room, Storage Room, Utility Room, Workshop
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16918.0
  • Parcel #: 5RIVERVIEWAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3900.0
  • Tax Lot: 47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 27, 2022
Sold by
Young Martha and Allen Young
Bought by
Lugus Hans K and Obrien Chelsey R
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Michael Lamb
Keller Williams Coastal
List Price
$475,000
Sold Price
$505,000
Premium/Discount to List
$30,000
6.32%
Current Estimated Value
$592,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,399
Avg. Annual Appreciation
4.52%
Original Mortgage
$404,000
Outstanding Balance
$378,472
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$213,927

Purchase Details

Closed on
Dec 23, 2021
Sold by
Elvira A Kustesky T A and Elvira Young
Bought by
Elvira A Kustesky T A and Elvira Young

Purchase Details

Closed on
Jun 28, 2019
Sold by
Read Nicholas A and Johnson Alicia R
Bought by
Franeski Christine and Bruse Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,107
Interest Rate
4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lugus Hans K $505,000 None Available
Lugus Hans K $505,000 None Available
Young Martha -- None Available
Lugus Hans K $505,000 None Available
Young Martha -- None Available
Elvira A Kustesky T A -- None Available
Elvira A Kustesky T A -- None Available
Franeski Christine $242,500 --
Franeski Christine $242,500 --
Franeski Christine $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugus Hans K $404,000
Closed Lugus Hans K $404,000
Previous Owner Franeski Christine $238,107
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $505,000 +6.3% $239 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $475,000 -- $225 / 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 $3,619 $465,200 $214,700 $250,500
2024 $3,455 $330,600 $153,500 $177,100
2023 $3,359 $330,600 $153,500 $177,100
2022 $3,374 $334,100 $157,000 $177,100
2021 $3,216 $266,700 $137,100 $129,600
2020 $3,160 $266,700 $137,100 $129,600
2019 $2,876 $245,000 $137,100 $107,900
2018 $2,680 $217,000 $126,600 $90,400
2017 $2,604 $217,000 $126,600 $90,400
2016 $2,604 $217,000 $126,600 $90,400
2015 $2,660 $236,900 $139,900 $97,000
2014 $2,618 $236,900 $139,900 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1306698

State-Wide MLS

APN: WEST-000097-000047