NOT LISTED FOR SALE

52 Spruce St Westerly, RI 02891

Estimated Value: $297,000 - $381,684

3 Beds
2 Baths
3,052 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $173,500 $57 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,099/month

70 Days on Market

Highlights

  • Wood Flooring
  • Workshop
  • Storage Room
  • Game Room
  • Laundry Room
  • Heating System Uses Steam

About This Home

As of May 2019

Fantastic location! Stroll to all of downtown Westerly's fun restaurants and summer events....Own your own home while having an income to help foot the bill. Potential for a cozy home, with hardwoods through out and a fireplace in the first floor unit. Don't let someone else design your kitchen and bathrooms. Choose your own updating ideas! Minutes from Westerly's favorite beaches. The YMCA is literally around the corner so no excuses for missing your work out. The second floor houses an additional one bedroom, one bath apartment; and unfinished but fully petitioned basement awaits your finishing touches. Rough plumbing in the basement as well. And let's not forget the huge storage shed for all that extra 'stuff'....Or use it as a studio. With a little TLC and updating, this house is a find!

Last Listed By

Bambi DiRoma

Malek Real Estate, Inc. License #RES.0041605 Listed on: 01/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1940

Lot Details

  • 9,060

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,052 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Game Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heating System Uses Steam
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tax Lot 078
  • Assessor Parcel Number 52SPRUCESTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,192

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: 0040
  • Above Grade Finished Sq Ft: 3052.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1940
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl
  • Dining Room Type: Bathroom, Game Room, Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam, Wood
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Parcel #: 52SPRUCESTWEST
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2192.0
  • Tax Lot: 078
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Kotch Erika L and Alkes Rae B
Bought by
Kotch Erika L
Total Days on Market
70
Current Estimated Value
$345,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Outstanding Balance
$187,480
Interest Rate
3.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 29, 2019
Closed on
May 10, 2019
Sold by
Ribeiro Anthony D
Bought by
Kotch Erika L and Alkes Rae B
Seller's Agent
Bambi DiRoma
Malek Real Estate, Inc.
Buyer's Agent
Susan Sarubbi
Residential Properties Ltd.
List Price
$209,900
Sold Price
$173,500
Premium/Discount to List
-$36,400
-17.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,356
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2018
Sold by
Anthony D Ribeiro Lt and Ribeiro
Bought by
Ribeiro Anthony D

Range of Values:

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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
Kotch Erika L -- None Available
Kotch Erika L -- None Available
Kotch Erika L $173,500 --
Kotch Erika L $173,500 --
Ribeiro Anthony D -- --
Ribeiro Anthony D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotch Erika L $198,000
Closed Kotch Erika L $198,000
Previous Owner Kotch Erika L $170,356
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $173,500 -17.3% $57 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $209,900 -- $69 / 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 $2,225 $212,900 $93,500 $119,400
2023 $2,163 $212,900 $93,500 $119,400
2022 $2,150 $212,900 $93,500 $119,400
2021 $2,183 $181,000 $81,400 $99,600
2020 $2,145 $181,000 $81,400 $99,600
2019 $2,125 $181,000 $81,400 $99,600
2018 $2,192 $177,500 $81,400 $96,100
2017 $2,130 $177,500 $81,400 $96,100
2016 $2,130 $177,500 $81,400 $96,100
2015 $2,037 $181,400 $83,100 $98,300
2014 $2,004 $181,400 $83,100 $98,300
Source: Public Records

Agents Affiliated with this Home

  • Bambi DiRoma

    Seller's Agent in 2019

    Bambi DiRoma

    Malek Real Estate, Inc.

    (401) 924-4730

    7 in this area

    33 Total Sales

    Bambi DiRoma
    Section Image

  • S

    Buyer's Agent in 2019

    Susan Sarubbi

    Residential Properties Ltd.

    (401) 226-4473

    11 Total Sales

    Susan Sarubbi
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1213771

State-Wide MLS

APN: WEST-000057-000078

Rhode Island Washington County Westerly 02891

52 Spruce St, Westerly, RI

Homes for Sale in Westerly, RI

This home is located at 52 Spruce St, Westerly, RI 02891 since 29 January 2019 and is currently estimated at $345,171, approximately $113 per square foot. This property was built in 1940. 52 Spruce St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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