56 Shore Rd Westerly, RI 02891
4
Beds
3
Baths
3,085
Sq Ft
0.57
Acres
Highlights
- Marina
- Golf Course Community
- Deck
- Beach Access
- Colonial Architecture
- Cathedral Ceiling
About This Home
As of March 2022Short walk to private Fire District Beach, with both parking and exclusive beach rights, Misquamicut Beach rights ****** Breathtaking beach/year round home with distant water views of the Atlantic from balcony. Property was completely renovated in 2014 with updates galore. Oversized, two-level Azek deck w/spiral staircase overlooks private, expansive backyard. Flat, half acre+ lot situated beyond flood zone and boasts massive two-car garage and dry basement. Short walk to private Fire District Beach, with both parking and exclusive beach rights, Misquamicut Beach rights. Welcoming hardwood floors await, as do 4+ BR, 3BA, fireplace, new kitchen, MBR/suite with private office. Five minute drive to Westerly Airport and ten minutes to downtown Westerly with an abundance of shopping and dining establishments. Enjoy Restaurants Gift Shops - Seasonal festivals- Drive-in Movies- Beach concerts. *** Furniture negotiable ** Financials: 2021 Rental income was $65,000+ (Summer weeks $4,365) .. 2022 already $21,600+ in reservations, that can convey with the property, or be cancelled per buyers preference (List price is $4,700 for summer weeks). Install a pool as an option, but why spend the money for a pool when the ocean is only steps away. Financials: 2021 Rental income was property, or be cancelled per buyers preference (List price is $4,700 for summer weeks)
Last Agent to Sell the Property
RE/MAX South County License #RES.0031703 Listed on: 11/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $999
Year Built
- Built in 1953
Lot Details
- 0.57 Acre Lot
- Property is zoned R20
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,085 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Skylights
- Fireplace Features Masonry
- Thermal Windows
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Deck
- Patio
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Heating System Uses Steam
- 200+ Amp Service
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 56SHORERDWEST
Community Details
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Additional Features
- Shore Road & Atlantic Beach Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 14, 2022
Sold by
Pan Cindy
Bought by
Pan Family Investment Llc
Current Estimated Value
Purchase Details
Listed on
Nov 18, 2021
Closed on
Mar 4, 2022
Sold by
Benevento Vincent J and Benevento Gina M
Bought by
Pan Cindy
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Paul DeFalco
HomeSmart Professionals
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$700,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 27, 2016
Closed on
Oct 19, 2016
Sold by
Westerly Ri Properties
Bought by
Benevento Vincent J and Benevento Gina M
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$549,900
Sold Price
$539,900
Premium/Discount to List
-$10,000
-1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$404,625
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 8, 2014
Sold by
Nevins Frank W and Nevins Linda A
Bought by
Westerly Ri Properties
Similar Homes in Westerly, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,000,000 | None Available | |
| Warranty Deed | $539,500 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $510,400 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $404,625 | Purchase Money Mortgage | |
| Previous Owner | $53,950 | Unknown | |
| Previous Owner | $175,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2022 03/04/22 | Sold | $1,000,000 | -9.1% | $324 / Sq Ft |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
| 11/18/2021 11/18/21 | For Sale | $1,100,000 | +103.7% | $357 / Sq Ft |
| 10/18/2016 10/18/16 | Sold | $539,900 | -1.8% | $175 / Sq Ft |
| 09/18/2016 09/18/16 | Pending | -- | -- | -- |
| 08/27/2016 08/27/16 | For Sale | $549,900 | -- | $178 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,745 | $789,500 | $191,800 | $597,700 |
| 2023 | $7,595 | $789,500 | $191,800 | $597,700 |
| 2022 | $7,548 | $789,500 | $191,800 | $597,700 |
| 2021 | $6,388 | $554,500 | $166,900 | $387,600 |
| 2020 | $6,271 | $554,500 | $166,900 | $387,600 |
| 2019 | $6,210 | $554,500 | $166,900 | $387,600 |
| 2018 | $6,026 | $507,200 | $166,900 | $340,300 |
| 2017 | $5,878 | $507,200 | $166,900 | $340,300 |
| 2016 | $5,924 | $507,200 | $166,900 | $340,300 |
| 2015 | $6,212 | $574,100 | $170,400 | $403,700 |
| 2014 | $6,108 | $574,100 | $170,400 | $403,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Sandy Bliven
RE/MAX South County
(401) 714-6359
93 in this area
181 Total Sales
-
Buyer's Agent in 2022
Paul DeFalco
HomeSmart Professionals
(401) 487-9853
2 in this area
81 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1298819
APN: WEST-000151-000048
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