Seller's Agent in 2024
Tracy O'Donnell
BHHS New England Properties
(401) 480-9515
6 in this area
50 Total Sales
58 Spruce St Westerly, RI 02891
Estimated Value: $304,000 - $418,000
5
Beds
2
Baths
5,608
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Golf Course Community
- 2 Car Detached Garage
- Bathtub with Shower
About This Home
As of January 2024Investors take notice! This multi-family home is full of potential, the home needs work and is being sold as is. For many years at street level there was a commercial flower shop also; Please due your due diligence it is zoned GC. This property is walking distance to downtown Westerly and close to all local amenities.
Last Agent to Sell the Property
BHHS New England Properties License #RES.0045129 Listed on: 11/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,462
Year Built
- Built in 1920
Lot Details
- 6,534
Parking
- 2 Car Detached Garage
Home Design
- Fixer Upper
- Combination Foundation
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 5,608 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil
- Heating System Uses Steam
- 200+ Amp Service
- Electric Water Heater
Additional Features
- 6,534 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 136
- Assessor Parcel Number 58SPRUCESTWEST
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Jan 17, 2024
Sold by
Oliver Kyle
Bought by
Westerly Area Restmeals W
Seller's Agent
Tracy O'Donnell
BHHS New England Properties
Buyer's Agent
Caswell Cooke
BHHS New England Properties
List Price
$290,000
Sold Price
$257,000
Premium/Discount to List
-$33,000
-11.38%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,252
Avg. Annual Appreciation
20.73%
Purchase Details
Closed on
Jul 18, 2023
Sold by
Conley Gail C
Bought by
Oliver Kyle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2023
Sold by
Conley Patrick T
Bought by
Conley Gail C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 21, 2022
Sold by
Westerly Town Of
Bought by
Conley Patrick T
Purchase Details
Closed on
May 14, 2015
Sold by
Ballato James J
Bought by
Oliver John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,419
Interest Rate
3.69%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Westerly Area Restmeals W | $257,000 | None Available | |
| Westerly Area Restmeals W | $257,000 | None Available | |
| Oliver Kyle | $40,000 | None Available | |
| Oliver Kyle | $40,000 | None Available | |
| Oliver Kyle | $40,000 | None Available | |
| Conley Gail C | -- | None Available | |
| Conley Gail C | -- | None Available | |
| Conley Gail C | -- | None Available | |
| Conley Patrick T | $6,663 | None Available | |
| Conley Patrick T | $6,663 | None Available | |
| Conley Patrick T | $6,663 | None Available | |
| Oliver John | $200,000 | -- | |
| Ballato James J | -- | -- | |
| Ballato James J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Oliver Kyle | $40,000 | |
| Previous Owner | Ballato James J | $55,419 | |
| Previous Owner | Ballato James J | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/18/2024 01/18/24 | Sold | $257,000 | -11.4% | $46 / Sq Ft |
| 11/25/2023 11/25/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $290,000 | -- | $52 / Sq Ft |
Source: State-Wide MLS
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 | $1,906 | $245,000 | $144,700 | $100,300 |
| 2024 | $2,359 | $225,700 | $103,300 | $122,400 |
| 2023 | $2,293 | $225,700 | $103,300 | $122,400 |
| 2022 | $2,280 | $225,700 | $103,300 | $122,400 |
| 2021 | $2,443 | $202,600 | $89,900 | $112,700 |
| 2020 | $2,401 | $202,600 | $89,900 | $112,700 |
| 2019 | $2,379 | $202,600 | $89,900 | $112,700 |
| 2018 | $2,385 | $193,100 | $89,900 | $103,200 |
| 2017 | $2,317 | $193,100 | $89,900 | $103,200 |
| 2016 | $2,317 | $193,100 | $89,900 | $103,200 |
| 2015 | -- | $199,900 | $86,900 | $113,000 |
| 2014 | -- | $199,900 | $86,900 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy O'Donnell
-
Caswell Cooke
Buyer's Agent in 2024
Caswell Cooke
BHHS New England Properties
(401) 932-3519
7 in this area
11 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1347123
APN: WEST-000047-000136
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