NOT LISTED FOR SALE

57 Winnapaug Rd Westerly, RI 02891

Estimated Value: $786,000 - $1,011,000

3 Beds
1 Bath
962 Sq Ft
$921/Sq Ft Est. Value

Last Sold August 31, 2021

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

Est. 46% increase in value since last sale

Current estimated payment $5,144/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%
Current Estimated Value
$885,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,680
Avg. Annual Appreciation
9.41%
Original Mortgage
$484,000
Outstanding Balance
$439,443
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,237

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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
2025 $5,604 $788,200 $628,500 $159,700
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

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Map

Source: State-Wide MLS

MLS Number: 1286032

State-Wide MLS

APN: WEST-000165-000242