NOT LISTED FOR SALE

52 Fairview Ave Westerly, RI 02891

Estimated Value: $470,000 - $549,000

4 Beds
2 Baths
2,420 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $285,000 $118 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,882/month

14 Days on Market

Highlights

  • Marina
  • Deck
  • Thermal Windows
  • Golf Course Community
  • Tennis Courts
  • Laundry Room

About This Home

As of October 2021

Great Investment Property! This side by side house sits on a very quiet location. Perfect for live in one and let other apartment help pay the mortgage. Take advantage of westerly's low tax rate.

Last Agent to Sell the Property

Vanessa Kong

Green Island Realty, Inc. License #RES.0032449 Listed on: 09/10/2021

Last Buyer's Agent

Evelyn McCall

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1987

Lot Details

  • 8,178

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Deck
  • 8,178 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 177A
  • Assessor Parcel Number 52FAIRVIEWAVWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • 2 Units
  • Shops
  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1877
  • Above Grade Finished Sq Ft: 2420.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8178.0
  • Parcel #: 52FAIRVIEWAVWEST
  • Zoning: MF
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 2700.0
  • Tax Lot: 177A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 25, 2021
Sold by
Wu Zhuo X and Wu Xiu Y
Bought by
Jr Harrington Hldg Llc
Seller's Agent
Vanessa Kong
Green Island Realty, Inc.
Buyer's Agent
Evelyn McCall
List Price
$349,900
Sold Price
$285,000
Premium/Discount to List
-$64,900
-18.55%
Current Estimated Value
$504,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,002
Avg. Annual Appreciation
14.39%

Purchase Details

Closed on
Jul 2, 2001
Sold by
Blanco Vincent P and Blanco Terry
Bought by
Wu Zhu Xin and Ying Xiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.14%
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
Jr Harrington Hldg Llc $285,000 None Available
Wu Zhu Xin $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Zhu Xin $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $285,000 -18.5% $118 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $349,900 -- $145 / 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 $3,274 $420,800 $152,400 $268,400
2024 $3,206 $306,800 $109,000 $197,800
2023 $3,117 $306,800 $109,000 $197,800
2022 $2,803 $277,500 $109,000 $168,500
2021 $2,701 $224,000 $94,900 $129,100
2020 $2,654 $224,000 $94,900 $129,100
2019 $2,630 $224,000 $94,900 $129,100
2018 $2,586 $209,400 $94,900 $114,500
2017 $2,513 $209,400 $94,900 $114,500
2016 $2,513 $209,400 $94,900 $114,500
2015 $2,393 $213,100 $96,800 $116,300
2014 $2,355 $213,100 $96,800 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1293277

State-Wide MLS

APN: WEST-000077-000177A