NOT LISTED FOR SALE

5 Vose St Westerly, RI 02891

Estimated Value: $486,913 - $666,000

9 Beds
3 Baths
2,699 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $358,000 $133 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,445/month

83 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Car Detached Garage
  • Golf Course Community
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of May 2021

5 Vose Street is a great investment opportunity.
It is collecting $3450 per month in rent with limited owner expenses including only taxes, insurance, and water bill. Excellent rental history. Units are rented and leases are month to month. The first floor has laundry and there are hookups in the basement for the other units. The units are 4, 3, and 2 bedrooms. The property has a nice backyard that abuts the high school track and field. It has ample off-street parking with a two-car garage. Centrally located for all Westerly has to offer; schools, park, shopping, restaurants, and its beautiful beaches.

Last Agent to Sell the Property

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 01/13/2021

Co-Listed By

Jacob Lamb

Sold By Michaela LLC License #RES.0043194

Last Buyer's Agent

Moira Worthy Teixeira

RI Real Estate Services License #RES.0042390

RI Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1926

Lot Details

  • 0.38

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,699 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 0.38 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 152
  • Assessor Parcel Number 5VOSESTWEST

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • 3 Units
  • Operating Expense $6,771

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,384

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: SOLD
  • Co List Office Phone: 401-935-3390
  • Above Grade Finished Sq Ft: 2699.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1926
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16553.0
  • Parcel #: 5VOSESTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6771.0

Tax Info

  • Tax Annual Amount: 3384.0
  • Tax Lot: 152
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
May 24, 2021
Sold by
Irving Kyle R
Bought by
Par Investment Group Llc
Seller's Agent
Michaela Lamb
Sold By Michaela LLC
Buyer's Agent
Moira Worthy Teixeira
RI Real Estate Services
List Price
$380,000
Sold Price
$358,000
Premium/Discount to List
-$22,000
-5.79%
Current Estimated Value
$588,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,478
Avg. Annual Appreciation
9.57%
Original Mortgage
$322,200
Outstanding Balance
$297,516
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,786

Purchase Details

Listed on
Jan 13, 2021
Closed on
May 6, 2021
Sold by
Murano E L
Bought by
Irving Kyle R
Seller's Agent
Michaela Lamb
Sold By Michaela LLC
Buyer's Agent
Moira Worthy Teixeira
RI Real Estate Services
List Price
$380,000
Sold Price
$358,000
Premium/Discount to List
-$22,000
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,200
Outstanding Balance
$297,516
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,786

Purchase Details

Closed on
Feb 1, 2021
Sold by
Murano E L E and Murano Louis R
Bought by
Murano E L

Purchase Details

Closed on
May 2, 1986
Bought by
Murano E L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Par Investment Group Llc -- None Available
Irving Kyle R $358,000 None Available
Murano E L -- None Available
Murano E L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $358,000 -5.8% $133 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $380,000 -- $141 / 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
2024 $3,901 $373,300 $105,700 $267,600
2023 $3,793 $373,300 $105,700 $267,600
2022 $3,770 $373,300 $105,700 $267,600
2021 $3,444 $285,600 $92,300 $193,300
2020 $3,384 $285,600 $92,300 $193,300
2019 $3,353 $285,600 $92,300 $193,300
2018 $3,211 $260,000 $92,300 $167,700
2017 $3,120 $260,000 $92,300 $167,700
2016 $3,120 $260,000 $92,300 $167,700
2015 $3,041 $270,800 $94,100 $176,700
2014 $2,992 $270,800 $94,100 $176,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1273328

State-Wide MLS

APN: WEST-000067-000152