NOT LISTED FOR SALE

55 Chapman Rd Westerly, RI 02891

Estimated Value: $2,772,000 - $3,349,000

5 Beds
3 Baths
2,546 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $1,037,500 $408 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $17,517/month

49 Days on Market

Highlights

  • Marina
  • Water Access
  • Contemporary Architecture
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of December 2013

Designed for multi-generational fun,this 1948 architect designed home has a generous, welcoming feel.Located in a classic, popular beach community, this could be your homebase for life by the sea. Bring badminton and beach towels! Quiet corner lot.

Last Agent to Sell the Property

Desa Buffum

Mott & Chace Sotheby's Intl. License #REB.0016813 Listed on: 09/27/2013

Mott & Chace Sotheby's Intl.

Co-Listed By

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,963

Year Built

  • Built in 1948

Lot Details

  • 0.81 Acre Lot
  • Corner Lot
  • Property is zoned MDR30

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • 2,546 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 55CHAPMANRDWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Weekapaug Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,963

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8087
  • Co List Office Mls Id: MOCH
  • Co List Office Phone: 401-364-6700
  • Subdivision Name: WEEKAPAUG
  • Above Grade Finished Sq Ft: 2546.0
  • Architectural Style: Cabin, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate, Other, Vinyl
  • Living Area: 2546.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Aluminum Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: See Remarks
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 35227.0
  • Parcel #: 55CHAPMANRDWEST
  • Zoning: MDR30

Tax Info

  • Tax Annual Amount: 11963.0
  • Tax Lot: 52
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2018
Sold by
Crean Ft
Bought by
Crean Ft
Current Estimated Value
$3,030,908

Purchase Details

Closed on
Feb 3, 2017
Sold by
Crean David M and Crean Denise D
Bought by
Crean Ft

Purchase Details

Listed on
Sep 27, 2013
Closed on
Dec 16, 2013
Sold by
Riley David P and Riley W
Bought by
Crean David M and Crean Denise D
Seller's Agent
Desa Buffum
Mott & Chace Sotheby's Intl.
Buyer's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
List Price
$1,200,000
Sold Price
$1,037,500
Premium/Discount to List
-$162,500
-13.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Jul 19, 2001
Sold by
Parker Benjamin C
Bought by
Riley Riley W and Riley David P
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
Crean Ft -- --
Crean Ft -- --
Crean David M $1,037,500 --
Riley Riley W $18,560 --
Riley Riley W $18,560 --
Riley Riley W $111,128 --
Riley Riley W $148,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Riley W $199,999
Previous Owner Riley Riley W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2013 12/16/13 Sold $1,037,500 -13.5% $408 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $1,200,000 -- $471 / 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 $18,893 $2,657,200 $2,171,400 $485,800
2024 $16,608 $1,693,000 $1,345,100 $347,900
2023 $16,287 $1,693,000 $1,345,100 $347,900
2022 $16,185 $1,693,000 $1,345,100 $347,900
2021 $15,978 $1,387,000 $1,112,800 $274,200
2020 $15,687 $1,387,000 $1,112,800 $274,200
2019 $15,534 $1,387,000 $1,112,800 $274,200
2018 $13,360 $1,124,600 $878,500 $246,100
2017 $13,034 $1,124,600 $878,500 $246,100
2016 $13,135 $1,124,600 $878,500 $246,100
2015 $14,388 $1,329,800 $1,074,900 $254,900
2014 $14,204 $1,335,000 $1,074,900 $260,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1052060

State-Wide MLS

APN: WEST-000144-000052