NOT LISTED FOR SALE

58 School St Westerly, RI 02891

Estimated Value: $567,678 - $710,000

7 Beds
3 Baths
3,019 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $315,000 $104 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,768/month

54 Days on Market

Highlights

  • Wood Flooring
  • Storage Room
  • Baseboard Heating

About This Home

As of August 2017

Great in town 3 family, with large rooms, updated a few years ago, parking and off street parking. First floor, needs rehab, and is a 3 bedroom, and bath, 2nd floor, 2 BR, 1 bath, third floor 2BR, 1bath, all hardwoods, ceramic tile and gas/oil heat. Owner rehabbed second and third floor but did not finish first floor yet. Basement used for storage and utility room. Selling "as is" - cash or 203K rehab loan. More photos to follow, photos of first and second floor. Not FHA financial. Great owner occupy or investment. The three rent rolls approximately $3500.

Last Agent to Sell the Property

Sandy Bliven

RE/MAX South County License #RES.0031703 Listed on: 05/11/2017

RE/MAX South County

Last Buyer's Agent

Sandy Bliven

RE/MAX South County License #RES.0031703 Listed on: 05/11/2017

RE/MAX South County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1895

Lot Details

  • 6,436 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,019 Sq Ft Home
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service

Listing and Financial Details

  • Tax Lot 174
  • Assessor Parcel Number 58SchoolSTWEST

Community Details

Overview

  • 4 Units
  • Granite St And Downtown Westerly Subdivision

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,383

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Granite St and Downtown Westerly
  • Above Grade Finished Sq Ft: 3019.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1895
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Dining Room Type: Storage Room, Utility Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6436.0
  • Parcel #: 58SchoolSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3383.0
  • Tax Lot: 174
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2019
Sold by
Ryan Michael and Rivkin Nat
Bought by
Ryan Michael
Current Estimated Value
$649,420

Purchase Details

Listed on
May 11, 2017
Closed on
Sep 13, 2017
Sold by
Ryan Michael
Bought by
Ryan Michael and Ryan Gabriel
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$236,250
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 4, 2017
Sold by
Dejo-Suarez Gustavo
Bought by
Ryan Michael
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2006
Sold by
Dimuccio David C and Dimuccio Tara F
Bought by
Gustavo Dejo Suarez and Potepan Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 1996
Sold by
Westely Community Cu
Bought by
Dimuccio David C and Dimuccio Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.55%
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
Ryan Michael -- --
Ryan Michael -- --
Ryan Michael $315,000 --
Gustavo Dejo Suarez $360,000 --
Dimuccio David C $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Michael $236,250
Previous Owner Dimuccio David C $165,600
Previous Owner Dimuccio David C $181,000
Previous Owner Dimuccio David C $93,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $315,000 -1.5% $104 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $319,900 0.0% $106 / Sq Ft
05/09/2017 05/09/17 For Rent $950 +5.6% --
05/09/2017 05/09/17 Rented $900 0.0% --
03/22/2016 03/22/16 Rented $900 -14.3% --
02/21/2016 02/21/16 Under Contract -- -- --
02/04/2016 02/04/16 For Rent $1,050 -- --
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 $4,461 $573,400 $151,900 $421,500
2024 $4,059 $388,400 $108,500 $279,900
2023 $3,946 $388,400 $108,500 $279,900
2022 $3,923 $388,400 $108,500 $279,900
2021 $4,006 $332,200 $94,400 $237,800
2020 $3,937 $332,200 $94,400 $237,800
2019 $3,900 $332,200 $94,400 $237,800
2018 $3,700 $299,600 $94,400 $205,200
2017 $3,595 $299,600 $94,400 $205,200
2016 $3,595 $299,600 $94,400 $205,200
2015 $3,608 $321,300 $96,300 $225,000
2014 $3,550 $321,300 $96,300 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1159312

State-Wide MLS

APN: WEST-000067-000174