NOT LISTED FOR SALE

58 Ocean View Hwy Westerly, RI 02891

Estimated Value: $2,710,000 - $9,117,000

5 Beds
8 Baths
7,000 Sq Ft
$824/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $4,500,000 $643 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $36,405/month

209 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Game Room
  • Wood Flooring
  • Corner Lot
  • Cottage

About This Home

As of January 2015

As terrific as the whole house is with its wonderful open layout and fine architectural details, its amazing views is still its most spectacular feature overlooking the salt ponds to the Atlantic Ocean. This is a real "MUST SEE".

Last Listed By

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 05/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,931

Year Built

  • Built in 2007

Lot Details

  • 0.51 Acre Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding
  • Masonry

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Game Room
  • Storage Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Steam
  • 220 Volts
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Watch Hill Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 58OCEANVIEWHWYWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,931

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5051
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 7000.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 7000.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Masonry, Shingle Siding
  • Exterior Features: Balcony, Deck, Patio, Barbecue
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22000.0
  • Parcel #: 58OCEANVIEWHWYWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 41931.0
  • Tax Lot: 17
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2014
Closed on
Jan 15, 2015
Sold by
Ryder Douglas E and Ryder Amy E
Bought by
Johnson Dudley D
Seller's Agent
Olga Goff
Olga B. Goff Real Estate
Buyer's Agent
Leslie Lambrecht
Olga B. Goff Real Estate
List Price
$4,925,000
Sold Price
$4,500,000
Premium/Discount to List
-$425,000
-8.63%
Total Days on Market
209
Current Estimated Value
$5,771,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271,300
Avg. Annual Appreciation
3.38%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Oconnor Edward G and Oconnor Patricia
Bought by
Ryder Douglas E and Ryder Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Beardon Edward and Beardon Marie
Bought by
Oconnor Edward and Oconnor Patricia

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
Johnson Dudley D $440,000 --
French Anne R -- --
Ryder Douglas E $1,600,000 --
Oconnor Edward $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnor Edward $500,000
Previous Owner Oconnor Edward $2,950,000
Previous Owner Oconnor Edward $1,280,000
Previous Owner Oconnor Edward $762,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $4,500,000 -8.6% $643 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $4,925,000 -- $704 / 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 $52,897 $5,392,100 $3,085,800 $2,306,300
2023 $51,872 $5,392,100 $3,085,800 $2,306,300
2022 $51,548 $5,392,100 $3,085,800 $2,306,300
2021 $55,121 $4,784,800 $2,502,800 $2,282,000
2020 $54,116 $4,784,800 $2,502,800 $2,282,000
2019 $53,590 $4,784,800 $2,502,800 $2,282,000
2018 $51,562 $4,340,200 $2,502,800 $1,837,400
2017 $50,303 $4,340,200 $2,502,800 $1,837,400
2016 $50,694 $4,340,200 $2,502,800 $1,837,400
2015 $43,086 $3,982,100 $2,127,600 $1,854,500
2014 $42,370 $3,982,100 $2,127,600 $1,854,500
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2015

    Olga Goff

    Olga B. Goff Real Estate

    (401) 212-7402

    16 in this area

    19 Total Sales

    Olga Goff
    Section Image
  • Leslie Lambrecht

    Buyer's Agent in 2015

    Leslie Lambrecht

    Olga B. Goff Real Estate

    (401) 440-1844

    27 in this area

    31 Total Sales

    Leslie Lambrecht
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1068317

State-Wide MLS

APN: WEST-000174-000017

Rhode Island Washington County Westerly 02891

58 Ocean View Hwy, Westerly, RI

Homes for Sale in Westerly, RI

This home is located at 58 Ocean View Hwy, Westerly, RI 02891 since 20 May 2014 and is currently estimated at $5,771,300, approximately $824 per square foot. This property was built in 2007. 58 Ocean View Hwy is a home located in Washington County with nearby schools including Westerly High School.

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