NOT LISTED FOR SALE

56 Margin St Westerly, RI 02891

Estimated Value: $438,000 - $525,000

4 Beds
2 Baths
1,382 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $205,000 $148 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,767/month

24 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Tennis Courts
  • Golf Course Community
  • Deck
  • Walking Distance to Water

About This Home

As of September 2016

Many updates, great spot! Subject to seller title. Inquire about substantial discount for cash buyers.

Last Agent to Sell the Property

Sean Hevenor

RI Real Estate Services License #REB.0016471 Listed on: 08/02/2016

RI Real Estate Services

Last Buyer's Agent

Kimber Kettlety

Coldwell Banker Coastal Homes License #RES.0022880

Coldwell Banker Coastal Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,407

Year Built

  • Built in 1994

Lot Details

  • 10,356

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,382 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storm Windows

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 10,356 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 56MARGINSTWEST

Community Details

Overview

  • Marina District Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,407

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2377
  • Subdivision Name: MARINA DISTRICT
  • Above Grade Finished Sq Ft: 1382.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1382.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10356.0
  • Parcel #: 56MARGINSTWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2407.0
  • Tax Lot: 21
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 22, 2016
Sold by
Hevenor Sean
Bought by
Nichols Regan A
Seller's Agent
Sean Hevenor
RI Real Estate Services
Buyer's Agent
Kimber Kettlety
Coldwell Banker Coastal Homes
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%
Current Estimated Value
$476,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,164
Avg. Annual Appreciation
9.86%
Original Mortgage
$164,000
Outstanding Balance
$125,309
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,875

Purchase Details

Closed on
Apr 29, 2016
Sold by
Conley Patrick T
Bought by
Marsh Anne E Est

Purchase Details

Closed on
Jun 10, 1996
Sold by
Woody Hill Homes Inc
Bought by
Marsh Robert W and Marsh Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,450
Interest Rate
7.89%
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
Nichols Regan A $205,000 --
Marsh Anne E Est $1,497 --
Marsh Robert W $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Regan A $164,000
Previous Owner Marsh Robert W $160,500
Previous Owner Marsh Robert W $125,000
Previous Owner Marsh Robert W $109,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $205,000 -8.8% $148 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $224,900 -- $163 / 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 $2,899 $277,400 $104,200 $173,200
2023 $2,818 $277,400 $104,200 $173,200
2022 $2,802 $277,400 $104,200 $173,200
2021 $2,796 $231,800 $90,800 $141,000
2020 $2,747 $231,800 $90,800 $141,000
2019 $2,684 $228,600 $90,800 $137,800
2018 $2,495 $202,000 $86,200 $115,800
2017 $2,424 $202,000 $86,200 $115,800
2016 $2,424 $202,000 $86,200 $115,800
2015 $2,407 $214,300 $88,000 $126,300
2014 $2,368 $214,300 $88,000 $126,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1133212

State-Wide MLS

APN: WEST-000086-000062-000021