5 Salem St Westerly, RI 02891
Estimated Value: $485,192 - $561,000
3
Beds
2.5
Baths
1,956
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Marina
- Raised Ranch Architecture
- Attic
- Golf Course Community
- Wood Flooring
- Game Room
About This Home
As of October 2021Superbly located 3 bedroom, 2.5 bathroom home that sits on a .51 acre fenced in lot surrounded by trees in a very desired & quiet neighborhood. The main level of this home features beautiful hardwood floors in the spacious living room and hallway, a large kitchen/dining room with sliding door access to your deck which overlooks the neighborhood. The finished lower level features walkout access to your backyard, kitchen, living room, & bathroom all of which are perfect for entertaining and gatherings. Keep your car safe from the elements in your 2 car garage with plenty of additional storage space. This property is centrally located to Westerly's wonderful amenities; Watch Hill, lovely beaches, stunning golf courses, Historic Downtown Westerly, Wilcox Park, many great restaurants, the train station, and the newly renovated United Theatre. This is a must-see property that will not last!
Last Agent to Sell the Property
Ocean Front Homes License #REB.0017018 Listed on: 08/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,326
Year Built
- Built in 1979
Lot Details
- 0.51 Acre Lot
- Property is zoned R15
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Raised Ranch Architecture
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Game Room
- Storage Room
- Utility Room
- Permanent Attic Stairs
- Storm Doors
Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Patio
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 88
- Assessor Parcel Number 5SALEMSTWEST
Community Details
Amenities
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2021
Closed on
Oct 7, 2021
Sold by
Ravenelle Margaret A
Bought by
Wu Junyi and Tan Xiao
Seller's Agent
Nancy Siciliano
Ocean Front Homes
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,298
Avg. Annual Appreciation
10.08%
Original Mortgage
$357,050
Outstanding Balance
$329,109
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,189
Similar Homes in Westerly, RI
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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 |
|---|---|---|---|
| Wu Junyi | $370,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu Junyi | $357,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $370,000 | -7.3% | $189 / Sq Ft |
| 09/08/2021 09/08/21 | Pending | -- | -- | -- |
| 08/06/2021 08/06/21 | For Sale | $399,000 | -- | $204 / 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 | $3,510 | $357,800 | $131,200 | $226,600 |
| 2023 | $3,442 | $357,800 | $131,200 | $226,600 |
| 2022 | $3,421 | $357,800 | $131,200 | $226,600 |
| 2021 | $3,388 | $294,100 | $114,400 | $179,700 |
| 2020 | $3,326 | $294,100 | $114,400 | $179,700 |
| 2019 | $3,294 | $294,100 | $114,400 | $179,700 |
| 2018 | $3,104 | $261,300 | $114,400 | $146,900 |
| 2017 | $3,028 | $261,300 | $114,400 | $146,900 |
| 2016 | $3,052 | $261,300 | $114,400 | $146,900 |
| 2015 | $3,012 | $278,400 | $122,300 | $156,100 |
| 2014 | $2,962 | $278,400 | $122,300 | $156,100 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Siciliano
Seller's Agent in 2021
Nancy Siciliano
Ocean Front Homes
(401) 234-0359
18 in this area
29 Total Sales
-
Lisa Raiche
L
Buyer's Agent in 2021
Lisa Raiche
Town & Shore Realty
(401) 742-4012
46 in this area
58 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1290351
APN: WEST-000068-000088
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