NOT LISTED FOR SALE

56 Cross St Westerly, RI 02891

Estimated Value: $600,000 - $637,000

7 Beds
3 Baths
3,100 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $125,000 $40 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $3,788/month

115 Days on Market

Highlights

  • Attic
  • 3 Car Detached Garage
  • Shops
  • Tennis Courts
  • Public Transportation
  • Property near a hospital

About This Home

As of May 2012

ESTATE/BEING SOLD 'AS IS' GREAT IN TOWN LOCATION.3 UNITS,3 CAR GARAGE. HOME & GAR. NEED REPAIR. LOW PRICE, SO YOU CAN AFFORD THE UPGRADES/COSMETICS YOU WILL WANT TO MAKE THIS OLD HOME "NEW AGAIN" GREAT OPPORTUNITY,WELL BELOW ASSESSMENT.INCOME

Last Agent to Sell the Property

Marilyn Sciarillo

Lenihan Appraisal Co. License #RES.0015442 Listed on: 12/07/2011

Last Buyer's Agent

Lorraine DePerry

BHHS New England Properties License #REB.0016077

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 1888

Lot Details

  • 10,500

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Outbuilding
  • 10,500 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 56CROSSSTWEST

Community Details

Overview

  • 3 Units
  • In Town Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$292

Year Built

Built in 1888

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Co List Office Mls Id: LENH
  • Co List Office Phone: 401-596-4794
  • Subdivision Name: IN TOWN
  • Above Grade Finished Sq Ft: 3100.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1888
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic
  • Living Area: 3100.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding, Vinyl Siding
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10500.0
  • Parcel #: 56CROSSSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 292.0
  • Tax Lot: 236
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Gibbons Lynn M
Bought by
56 Cross Street Llc
Total Days on Market
115
Current Estimated Value
$617,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$237,255
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$398,078

Purchase Details

Listed on
Dec 7, 2011
Closed on
May 1, 2012
Sold by
Cornell Lucy Livinia E and Cornell C
Bought by
Gibbons Lynn M
Seller's Agent
Marilyn Sciarillo
Lenihan Appraisal Co.
Buyer's Agent
Lorraine DePerry
BHHS New England Properties
List Price
$165,000
Sold Price
$125,000
Premium/Discount to List
-$40,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Source: Public Records

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
56 Cross Street Llc -- None Available
Gibbons Lynn M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Lynn M $262,500
Previous Owner Gibbons Lynn M $199,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $125,000 -24.2% $40 / Sq Ft
04/01/2012 04/01/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $165,000 -- $53 / 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 $4,049 $387,500 $109,700 $277,800
2023 $3,937 $387,500 $109,700 $277,800
2022 $3,914 $387,500 $109,700 $277,800
2021 $3,506 $290,700 $95,600 $195,100
2020 $3,445 $290,700 $95,600 $195,100
2019 $3,413 $290,700 $95,600 $195,100
2018 $3,268 $264,600 $95,600 $169,000
2017 $3,175 $264,600 $95,600 $169,000
2016 $3,175 $264,600 $95,600 $169,000
2015 $3,093 $275,400 $97,500 $177,900
2014 $3,043 $275,400 $97,500 $177,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marilyn Sciarillo

    Lenihan Appraisal Co.

  • L

    Buyer's Agent in 2012

    Lorraine DePerry

    BHHS New England Properties

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1006638

State-Wide MLS

APN: WEST-000077-000236

Rhode Island Washington County Westerly 02891

56 Cross St, Westerly, RI

This home is located at 56 Cross St, Westerly, RI 02891 since 07 December 2011 and is currently estimated at $617,667, approximately $199 per square foot. This property was built in 1888. 56 Cross St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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