$625,000
SOLD AUG 11, 2023

57 Salt Pond Way Westerly, RI 02891

2 Beds
1 Bath
864 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$723 Per Sq Ft

13 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Beach Access
  • Wood Flooring
  • Cottage

About This Home

As of August 2023

Return from your summer day of swimming, beach walking and basking on the shores of one of the finest Atlantic Ocean beaches on the entire east coast, wash off the remnants of salt and sand in your outdoor shower. Get ready to host friends for barbeques, firepit banter and lawn games in the fenced backyard. When the leaves begin to turn and the fishing is great, launch your kayak at the end of the way, explore the shores of Winnapaug Pond & cast a line to catch tonight's dinner. This impeccable home offers a manageable and low-maintenance lifestyle, ensuring that your time is spent enjoying the best of what Westerly, Rhode Island has to offer in every season. This Weekapaug Terrace property has boat ramp access and beach access points.

Last Agent to Sell the Property

Jim Buffum

Mott & Chace Sotheby's Intl. License #RES.0034442 Listed on: 05/24/2023

Mott & Chace Sotheby's Intl.

Co-Listed By

Desa Buffum

Mott & Chace Sotheby's Intl. License #REB.0016813

Last Buyer's Agent

Christine Holden

Compass License #RES.0027981

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 57SALTPONDWYWEST

Community Details

Overview

  • Weekapaug Terrace/ Cove Road Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: MOCH02
  • Co List Office Phone: 401-315-0808
  • Subdivision Name: Weekapaug Terrace/ Cove Road
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cedar Closet(s), Tub Shower, Cable TV
  • Living Area: 864.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Brick, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 57SALTPONDWYWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Lot: 022
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jul 14, 2023
Sold by
Shawyer Thomas L
Bought by
Mccarthy Christine
Seller's Agent
Jim Buffum
Mott & Chace Sotheby's Intl.
Buyer's Agent
Christine Holden
Compass
List Price
$625,000
Sold Price
$625,000
Views
188
Current Estimated Value
$781,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,630
Avg. Annual Appreciation
11.98%
Original Mortgage
$254,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 15, 2017
Sold by
Troyan Anastatia
Bought by
Shawyer Thomas L
Seller's Agent
Celeste Santilli
BHHS New England Properties
Buyer's Agent
Jim Buffum
Mott & Chace Sotheby's Intl.
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$279,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 1962
Bought by
Troyan Anastatia
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 None Available
Warranty Deed $310,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $254,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $279,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $625,000 0.0% $723 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $625,000 +101.6% $723 / Sq Ft
06/15/2017 06/15/17 Sold $310,000 -4.6% $359 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $325,000 -- $376 / 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 $3,881 $395,600 $218,600 $177,000
2023 $3,905 $405,900 $218,600 $187,300
2022 $3,191 $333,800 $218,600 $115,200
2021 $2,880 $250,000 $161,600 $88,400
2020 $2,828 $250,000 $161,600 $88,400
2019 $2,800 $250,000 $161,600 $88,400
2018 $2,774 $233,500 $161,600 $71,900
2017 $2,688 $231,900 $161,600 $70,300
2016 $2,709 $231,900 $161,600 $70,300
2015 $2,674 $247,100 $164,900 $82,200
2014 $1,972 $247,100 $164,900 $82,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1336032

State-Wide MLS

APN: WEST-000131-000022