NOT LISTED FOR SALE

54 Salt Pond Way Westerly, RI 02891

Estimated Value: $776,965 - $1,142,000

0.25 Acre
$3,665,964 Price per Acre
10,890 Sq Ft Lot

Last Sold June 12, 2018

Last sale price $139,500

Est. 557% increase in value since last sale

Current estimated payment $5,299/month

31 Days on Market

Highlights

  • Beach Access
  • Wooded Lot
  • Level Lot
  • Golf Course Community

About This Lot

As of June 2018

One of the last building lots left in Westerly's super salty Cove Road neighborhood. This property offers private Atlantic beach access and a boat launch in Winnapaug Pond just steps away. Life is too short not to build your dream cottage now! The Cove Road neighborhood is located in an out-of-the-way corner on beautiful Winnapaug Pond and it offers ocean-access boating, swimming, clamming, fishing and every imaginable water sport right out your door. This close-knit community is distinctly laid back and friendly and it's a perfect place for family vacations. Property features include: * Walk or bike to your own fantastic private beach access. * Community boat launch a block away - open ocean access. * Flat, dry land out of the flood zone. Local amenities include: * Restaurants * Live music concerts on the beach * Family movie nights at the beach * Amusement parks and seasonal festivals * Water sport rentals * Fireworks * Gift shops * Antique car nights * Public access to fishing, clamming and crabbing Downtown Westerly features a variety of restaurants, theaters, art galleries, live music, shops, a state-of-the-art YMCA, an outdoor skating rink, a fabulous library and the acclaimed Wilcox Park. We also have our very own Amtrak station for quick access to NYC and Boston and Westerly Airport for regional air service.

Last Agent to Sell the Property

Larry Burns

Lila Delman Compass License #RES.0041164 Listed on: 04/11/2018

Lila Delman Compass

Last Buyer's Agent

Jane Larkin

Weichert, Realtors Suburban

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,588

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-10

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5B
  • Assessor Parcel Number 54SALTPONDWYWEST

Community Details

Overview

  • Cove Road Neighborhood Subdivision

Recreation

  • Golf Course Community
  • Beach Access
  • Water Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$1,588

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Road Surface Type: Asphalt
  • Subdivision Name: Cove Road neighborhood
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Wooded
  • Topography: Level
  • Waterfront Features: Beach Access, Water Access, Walk to Water

Utilities

  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Municipal Utilities, Phone Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Street Lights
  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Development Status: Raw Land
  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Wooded Area: 100.0
  • Parcel #: 54SALTPONDWYWEST
  • Zoning Description: Residential
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1588.0
  • Tax Lot: 5B
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Hanecak Kathleen M
Bought by
Kathleen M Hanecak Irt
Current Estimated Value
$916,491

Purchase Details

Closed on
Apr 27, 2016
Sold by
Brennan John T
Bought by
Fitzpatrick Margaret B

Purchase Details

Closed on
Jul 9, 1985
Bought by
Fitzpatrick Margaret B
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
Kathleen M Hanecak Irt -- None Available
Fitzpatrick Margaret B -- --
Fitzpatrick Margaret B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold $139,500 +0.4% --
05/13/2018 05/13/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $139,000 -- --
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 $5,503 $561,000 $232,000 $329,000
2023 $5,397 $561,000 $232,000 $329,000
2022 $5,363 $561,000 $232,000 $329,000
2021 $4,806 $417,200 $171,700 $245,500
2020 $4,719 $417,200 $171,700 $245,500
2019 $1,672 $149,300 $149,300 $0
2018 $1,774 $149,300 $149,300 $0
2017 $1,730 $149,300 $149,300 $0
2016 $1,744 $149,300 $149,300 $0
2015 $1,649 $152,400 $152,400 $0
2014 $1,622 $152,400 $152,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1187291

State-Wide MLS

APN: WEST-000131-000005B