NOT LISTED FOR SALE

57 Winnapaug Rd Westerly, RI 02891

Estimated Value: $742,477 - $937,000

3 Beds
1 Bath
962 Sq Ft
$863/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $605,000 $629 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,119/month

40 Days on Market

Highlights

  • Storage Room
  • Carpet
  • 1-Story Property
  • Baseboard Heating

About This Home

As of August 2021

**HIGHEST AND BEST BY SUNDAY 6/27 AT 5PM**



This beautiful three bedroom, one bathroom home sits on a generous .56 acre lot right in the center of the Misquamicut Beach in Westerly, RI. Walk into an open concept floor plan with a large family room great for entertaining. The bedrooms are accommodating with generous closets whether using the house as a full year-round residence, beach house, or a rental investment property. A wrap around porch leading to a back deck overlooks a rare large, flat yard and partial view of the nearby salt pond. An enclosed outdoor shower can be used throughout the year. A third of a mile from the gorgeous RI coastline, it is a quick walk to the beach, local shops, and popular restaurants, and a quick drive to local attractions (water park, mini golf, etc.) Its location allows for access to the private Misquamicut Fire District beaches. This cute cottage has a strong rental history should the buyer choose to utilize the property as a summer rental property and can be sold with current furnishings Take the opportunity to grab your new home or invest in your future with rentals generating as much as $20,000 just in July and August! (buyers must honor current Summer 2021 rentals via Stanton Realty should purchase complete prior to 8/31).

Last Agent to Sell the Property

Sean Conroy

Stanton Realty, Inc. License #REB.0019838 Listed on: 06/21/2021

Stanton Realty, Inc.

Last Buyer's Agent

The Fraioli-Wilson Team

Edge Realty RI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1960

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R10

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Utility Room
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Cesspool

Community Details

  • Misquamicut Beach Subdivision

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 57WINNAPAUGRDWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5596
  • Subdivision Name: Misquamicut Beach
  • Above Grade Finished Sq Ft: 962.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Living Area: 962.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24375.0
  • Parcel #: 57WINNAPAUGRDWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4862.17
  • Tax Lot: 242
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 31, 2021
Sold by
Brown Thomas A and Brown Patricia
Bought by
Spas Andrea J
Seller's Agent
Sean Conroy
Stanton Realty, Inc.
Buyer's Agent
The Fraioli-Wilson Team
Edge Realty RI
List Price
$575,000
Sold Price
$605,000
Premium/Discount to List
$30,000
5.22%
Total Days on Market
40
Current Estimated Value
$830,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,119
Avg. Annual Appreciation
6.83%
Original Mortgage
$484,000
Outstanding Balance
$445,176
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,367

Purchase Details

Closed on
Nov 4, 1986
Bought by
Brown Thomas A
Source: Public Records

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Range of Values:

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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
Spas Andrea J $605,000 None Available
Brown Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spas Andrea J $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $605,000 +5.2% $629 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $575,000 -- $598 / 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 $5,715 $582,600 $452,600 $130,000
2023 $5,605 $582,600 $452,600 $130,000
2022 $5,570 $582,600 $452,600 $130,000
2021 $4,952 $429,900 $329,500 $100,400
2020 $4,862 $429,900 $329,500 $100,400
2019 $4,815 $429,900 $329,500 $100,400
2018 $4,276 $359,900 $275,600 $84,300
2017 $4,171 $359,900 $275,600 $84,300
2016 $4,204 $359,900 $275,600 $84,300
2015 $4,034 $372,800 $281,000 $91,800
2014 $3,967 $372,800 $281,000 $91,800
Source: Public Records

Agents Affiliated with this Home

  • Sean Conroy

    Seller's Agent in 2021

    Sean Conroy

    Stanton Realty, Inc.

    (401) 741-6068

    14 in this area

    23 Total Sales

    Sean Conroy
    Section Image
  • The Fraioli-Wilson Team

    Buyer's Agent in 2021

    The Fraioli-Wilson Team

    Edge Realty RI

    (401) 258-0341

    5 in this area

    113 Total Sales

    The Fraioli-Wilson Team
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1286032

State-Wide MLS

APN: WEST-000165-000242

Rhode Island Washington County Westerly 02891

57 Winnapaug Rd, Westerly, RI

This home is located at 57 Winnapaug Rd, Westerly, RI 02891 since 21 June 2021 and is currently estimated at $830,119, approximately $862 per square foot. This property was built in 1960. 57 Winnapaug Rd is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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