NOT LISTED FOR SALE

55 Meadow Ave Westerly, RI 02891

Estimated Value: $824,000 - $2,845,000

0.69 Acre
$2,660,322 Price per Acre
30,056 Sq Ft Lot

Last Sold June 01, 2017

Last sale price $2,000,000

Est. 8% decrease in value since last sale

Current estimated payment $10,976/month

6 Days on Market

About This Lot

As of June 2017

Entered for statistical purposes only. Astounding offering in WEEKAPAUG. Situated on .69 of an acre with fantastic views and yet a short walk to the beach. WEEKAPAUG is a coastal destination and serves as one of the most desirable coastal enclaves in Rhode Island. WEEKAPAUG at its finest--- . A once in a lifetime offering.

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 05/26/2017

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 05/26/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,060

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Listing and Financial Details

  • Tax Lot 123/A
  • Assessor Parcel Number 55MeadowAVWEST

Community Details

Overview

  • Weekapaug Subdivision

Recreation

  • Beach Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$12,060

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.69
  • Road Surface Type: Asphalt
  • Subdivision Name: WEEKAPAUG
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

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

Utilities

  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 30000.0
  • Parcel #: 55MeadowAVWEST
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12060.0
  • Tax Lot: 123/A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 1, 2017
Sold by
Wheeler Ft and Currier
Bought by
Johnson Timothy and Johnson Kelsey
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$1,835,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,378
Avg. Annual Appreciation
-0.99%
Original Mortgage
$4,225,000
Outstanding Balance
$3,407,730
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
-$1,572,108

Purchase Details

Closed on
Dec 14, 2012
Sold by
Wheeler Langdon B
Bought by
Wheeler Ft and Currier

Purchase Details

Closed on
Apr 16, 1998
Sold by
English Robert B and English Deborah D
Bought by
Wheeler Langdon B
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
Johnson Timothy $2,000,000 --
Wheeler Ft -- --
Wheeler Langdon B $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Timothy $4,225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $2,000,000 0.0% --
05/26/2017 05/26/17 For Sale $2,000,000 -- --
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
2025 $17,325 $2,436,700 $2,436,700 $0
2024 $15,533 $1,583,400 $1,583,400 $0
2023 $15,232 $1,583,400 $1,583,400 $0
2022 $15,137 $1,583,400 $1,583,400 $0
2021 $15,067 $1,307,900 $1,307,900 $0
2020 $14,792 $1,307,900 $1,307,900 $0
2019 $14,648 $1,307,900 $1,307,900 $0
2018 $12,116 $1,032,500 $1,032,500 $0
2017 $11,967 $1,032,500 $1,032,500 $0
2016 $12,060 $1,032,500 $1,032,500 $0
2015 $13,672 $1,263,600 $1,263,600 $0
2014 $13,445 $1,263,600 $1,263,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Joyal

    Seller's Agent in 2017

    Lori Joyal

    Lila Delman Compass

    (401) 742-1225

    106 in this area

    209 Total Sales

    Lori Joyal
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Map

Source: State-Wide MLS

MLS Number: 1161457

State-Wide MLS

APN: WEST-000157-000123A

Rhode Island Washington County Westerly 02891

55 Meadow Ave, Westerly, RI

Not Listed for Sale

Lots

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