NOT LISTED FOR SALE

54 Margin St Westerly, RI 02891

Estimated Value: $550,000 - $602,000

4 Beds
3 Baths
2,816 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $350,000 $124 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,323/month

63 Days on Market

Highlights

  • Cape Cod Architecture
  • Game Room
  • Laundry Room
  • Wood Flooring
  • Walking Distance to Water
  • Storage Room

About This Home

As of February 2021

This 4 bedroom, 3 bath Cape has been freshly painted and has a new roof. Living room with hardwood floors, eat in kitchen, first floor master bedroom and family room. Three bedrooms on the second floor. Finished lower level. Walk to the Public Boat Launch.
This home is ready to move into.

Last Agent to Sell the Property

Renee Cooper

Compass License #REB.0017013 Listed on: 11/20/2020

Compass

Last Buyer's Agent

Caitlyn Wass

Residential Properties Ltd. License #RES.0044336

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 1994

Lot Details

  • 7,405

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Game Room
  • Storage Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 20 / 62
  • Assessor Parcel Number 54MARGINSTWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,205

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 1744.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1072.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 2816.0
  • Dining Room Type: Game Room, Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 54MARGINSTWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3205.0
  • Tax Block: 62
  • Tax Lot: 20
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 22, 2021
Sold by
Yin Jin F and Zheng Li H
Bought by
Kolpak Douglas and Kolpak Jennifer
Seller's Agent
Renee Cooper
Compass
Buyer's Agent
Caitlyn Wass
Residential Properties Ltd.
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$565,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,116
Avg. Annual Appreciation
11.80%
Original Mortgage
$280,000
Outstanding Balance
$251,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,651

Purchase Details

Closed on
Mar 1, 1995
Sold by
Woody Hill Homes Inc
Bought by
Yin Jin Fa and Yin Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.96%
Source: Public Records

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
Kolpak Douglas $350,000 None Available
Yin Jin Fa $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolpak Douglas $280,000
Previous Owner Yin Jin Fa $170,000
Previous Owner Yin Jin Fa $40,000
Previous Owner Yin Jin Fa $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $350,000 0.0% $124 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $349,900 -- $124 / 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 $3,925 $375,600 $108,800 $266,800
2023 $3,816 $375,600 $108,800 $266,800
2022 $3,794 $375,600 $108,800 $266,800
2021 $3,262 $270,500 $94,700 $175,800
2020 $3,205 $270,500 $94,700 $175,800
2019 $3,176 $270,500 $94,700 $175,800
2018 $3,192 $258,500 $94,700 $163,800
2017 $3,102 $258,500 $94,700 $163,800
2016 $3,102 $258,500 $94,700 $163,800
2015 $2,907 $258,900 $96,600 $162,300
2014 $2,861 $258,900 $96,600 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1267514

State-Wide MLS

APN: WEST-000086-000062-000020