NOT LISTED FOR SALE

53 Granite St Westerly, RI 02891

Estimated Value: $542,000 - $603,000

6 Beds
2 Baths
4,286 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $284,900 $66 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,306/month

46 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 4 Car Detached Garage
  • Golf Course Community
  • Tennis Courts
  • Laundry Room

About This Home

As of January 2019

This location offers up something for everyone. In walking distance to shopping, dining, recreation, entertainment, & Schools. Minutes from the local area beaches & beautiful Watch Hill. A short car ride in either direction gets you to Mystic, CT, Narragansett, RI and everywhere in between. Very strong rental history with long term renters and is zoned professional for mixed use. Whether your looking to owner occupy or have as an investment property this is the property for you.

Last Agent to Sell the Property

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 10/22/2018

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #REB.0018903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1892

Lot Details

  • 8,178

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,286 Sq Ft Home
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Additional Features

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

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 53GRANITESTWEST

Community Details

Overview

  • 4 Units
  • Downtown/Wilcox Park Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,920

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Subdivision Name: DOWNTOWN/WILCOX PARK
  • Above Grade Finished Sq Ft: 4286.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1892
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Dining Room Type: Laundry, Utility Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 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, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8178.0
  • Parcel #: 53GRANITESTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2920.0
  • Tax Lot: 80
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 4, 2019
Sold by
Ritacco Christopher P and Ward-Ritacco Christie L
Bought by
Calouro Ryan
Seller's Agent
Brian Turano
Onshore Realtors
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$279,900
Sold Price
$284,900
Premium/Discount to List
$5,000
1.79%
Current Estimated Value
$575,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,008
Avg. Annual Appreciation
10.58%
Original Mortgage
$270,655
Outstanding Balance
$238,453
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,455

Purchase Details

Closed on
Jul 20, 2016
Sold by
Mendes Karen L
Bought by
Ritacco Christopher and Ward-Ritacco Christine

Purchase Details

Closed on
Jul 5, 2016
Sold by
Ritacco Christopher P
Bought by
Ritacco Christopher P and Ward-Ritacco Christie L

Purchase Details

Closed on
Aug 30, 2002
Sold by
Gervasini Gary D and Gervasini Deborah J
Bought by
Ritacco Christopher P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Calouro Ryan $284,900 --
Ritacco Christopher -- --
Ritacco Christopher P -- --
Ritacco Christopher P $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calouro Ryan $270,655
Previous Owner Ritacco Christopher P $20,000
Previous Owner Ritacco Christopher P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2019 01/07/19 Sold $284,900 +1.8% $66 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $279,900 0.0% $65 / Sq Ft
01/24/2017 01/24/17 Rented $1,100 0.0% --
12/25/2016 12/25/16 Under Contract -- -- --
12/13/2016 12/13/16 For Rent $1,100 -- --
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 $3,567 $458,500 $144,800 $313,700
2024 $3,358 $321,300 $103,600 $217,700
2023 $3,297 $324,500 $103,600 $220,900
2022 $3,277 $324,500 $103,600 $220,900
2021 $3,279 $271,900 $90,200 $181,700
2020 $3,222 $271,900 $90,200 $181,700
2019 $3,192 $271,900 $90,200 $181,700
2018 $3,120 $252,600 $90,200 $162,400
2017 $3,031 $252,600 $90,200 $162,400
2016 $3,031 $252,600 $90,200 $162,400
2015 $3,040 $270,700 $92,000 $178,700
2014 $2,991 $270,700 $92,000 $178,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Turano

    Seller's Agent in 2019

    Brian Turano

    Onshore Realtors

    (401) 741-7736

    46 in this area

    59 Total Sales

    Brian Turano
    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Raiche

    Town & Shore Realty

    (401) 742-4012

    44 in this area

    53 Total Sales

    Lisa Raiche
    Section Image

  • M

    Seller's Agent in 2017

    Michael Algiere

    Schilke Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1207777

State-Wide MLS

APN: WEST-000067-000080

Rhode Island Washington County Westerly 02891

53 Granite St, Westerly, RI

Not Listed for Sale

MultiFamily

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