NOT LISTED FOR SALE

50 Elm St Westerly, RI 02891

Estimated Value: $1,187,000 - $1,980,000

9 Beds
4.5 Baths
5,780 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2014

Last sale price $450,000 $78 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $9,665 / mo

366 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • 3 Fireplaces
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2014

Westerly's Grand Dame of days past! High ceilings, gorgeous hdwd flrs, sweeping entranceway w/palatial stairway. Large library w/fireplace, house has had no heat or water on for 3 years , needs new roof , lg yard. Old world charm! Needs TLC

Last Agent to Sell the Property

Bill Holliday

Coldwell Banker Coastal Homes License #RES.0030138 Listed on: 10/25/2013

Coldwell Banker Coastal Homes

Last Buyer's Agent

William Holliday

Coldwell Banker Coastal Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,142

Year Built

  • Built in 1931

Lot Details

  • 25,264 Sq Ft Lot
  • Fenced
  • Property is zoned R-6

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,780 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 50ELMSTWEST

Community Details

Overview

  • In Town Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,142

Year Built

Built in 1931

Lot Details

0.58 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Subdivision Name: IN TOWN
  • Above Grade Finished Sq Ft: 5780.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1931
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4108
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace Features: Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 5780.0
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 25264.0
  • Parcel #: 50ELMSTWEST
  • Zoning: R-6

Tax Info

  • Tax Annual Amount: 8142.0
  • Tax Lot: 105
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Nov 26, 2014
Sold by
Cruso Ann G and Cruso Robert
Bought by
Ritacco Umile and Ritacco Gayle E
Seller's Agent
Bill Holliday
Coldwell Banker Coastal Homes
Buyer's Agent
William Holliday
Coldwell Banker Coastal Homes
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%
Current Estimated Value
$1,619,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,323
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
May 18, 1993
Sold by
Eckel Jonathon D
Bought by
Cruso Robert and Cruso Ann G
Source: Public Records
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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
Ritacco Umile $450,000 --
Ritacco Umile $450,000 --
Cruso Robert $278,000 --
Cruso Robert $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruso Robert $125,000
Previous Owner Cruso Robert $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $450,000 -24.4% $78 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $595,000 -- $103 / Sq Ft
Source: State-Wide MLS

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 $12,953 $1,664,900 $256,300 $1,408,600
2024 $12,816 $1,226,400 $185,300 $1,041,100
2023 $12,460 $1,226,400 $185,300 $1,041,100
2022 $12,387 $1,226,400 $185,300 $1,041,100
2021 $12,271 $1,017,500 $155,800 $861,700
2020 $12,057 $1,017,500 $155,800 $861,700
2019 $11,914 $1,014,800 $155,800 $859,000
2018 $11,761 $952,300 $155,800 $796,500
2017 $11,207 $933,900 $155,800 $778,100
2016 $8,386 $698,800 $155,800 $543,000
2015 $8,389 $747,000 $158,800 $588,200
2014 $8,254 $747,000 $158,800 $588,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1054076

State-Wide MLS

APN: WEST-000076-000105

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