NOT LISTED FOR SALE

55 Summer St Westerly, RI 02891

Estimated Value: $578,000 - $660,000

4 Beds
2 Baths
3,201 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $324,500 $101 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,772/month

68 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of August 2017

This home is located at 55 Summer St, Westerly, RI 02891 since 27 April 2017 and is currently estimated at $621,886, approximately $194 per square foot. This property was built in 1920. 55 Summer St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Last Listed By

Melissa Rose

RE/MAX River's Edge License #RES.0034935 Listed on: 04/27/2017

RE/MAX River's Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1920

Lot Details

  • 7,307 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 3,201 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 55SummerSTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,137

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 3201.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Bathtub
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7307.0
  • Parcel #: 55SummerSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3137.0
  • Tax Lot: 205
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Aug 4, 2017
Sold by
Theurer Mark C and Theurer Alisa M
Bought by
Ebersman Bruce and Small-Ebersman Melissa
Seller's Agent
Melissa Rose
RE/MAX River's Edge
Buyer's Agent
Melissa Rose
RE/MAX River's Edge
List Price
$339,000
Sold Price
$324,500
Premium/Discount to List
-$14,500
-4.28%
Total Days on Market
68
Current Estimated Value
$621,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,386
Avg. Annual Appreciation
8.72%
Original Mortgage
$245,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2011
Sold by
Acquafredda Frank A and Hayden Angela
Bought by
Theurer Mark C and Theurer Alisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,719
Interest Rate
4.6%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Carlson Keith R and Carlson Angela S
Bought by
Patton Thomas J and Patton Dixie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,920
Interest Rate
7.09%

Range of Values:

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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
Ebersman Bruce $327,500 --
Theurer Mark C $266,000 --
Patton Thomas J $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebersman Bruce $193,000
Closed Ebersman Bruce $245,000
Previous Owner Acquafredda Nick $50,000
Previous Owner Acquafredda Nick $271,719
Previous Owner Acquafredda Nick $55,000
Previous Owner Acquafredda Nick $125,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $324,500 -4.3% $101 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $339,000 -- $106 / 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 $3,887 $372,000 $114,300 $257,700
2023 $3,780 $372,000 $114,300 $257,700
2022 $3,757 $372,000 $114,300 $257,700
2021 $3,570 $296,000 $99,400 $196,600
2020 $3,508 $296,000 $99,400 $196,600
2019 $3,475 $296,000 $99,400 $196,600
2018 $3,317 $268,600 $99,400 $169,200
2017 $3,223 $268,600 $99,400 $169,200
2016 $3,223 $268,600 $99,400 $169,200
2015 $3,092 $275,300 $101,400 $173,900
2014 -- $275,300 $101,400 $173,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1157915

State-Wide MLS

APN: WEST-000057-000205