NOT LISTED FOR SALE

59 Boombridge Rd Westerly, RI 02891

Estimated Value: $400,572 - $534,000

4 Beds
2 Baths
1,852 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $232,000 $125 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,899/month

41 Days on Market

Highlights

  • Marina
  • 0.98 Acre Lot
  • Wood Flooring
  • Golf Course Community
  • Deck
  • Corner Lot

About This Home

As of February 2017

Peaceful setting at this one level two family home. Situated on hill with beautiful sunsets. Wonderful opportunity for in-law apartment or live in home and rent other apartment. Perfect for extended family or investment. New septic.

Last Listed By

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 12/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1954

Lot Details

  • 0.98 Acre Lot
  • Corner Lot

Home Design

  • Shingle Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 10 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 59BOOMBRIDGERDWEST

Community Details

Overview

  • 2 Units
  • Potter Hill Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,904

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.9783
  • Subdivision Name: POTTER HILL
  • Above Grade Finished Sq Ft: 1852.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1852.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 42614.0
  • Parcel #: 59BOOMBRIDGERDWEST
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2904.0
  • Tax Lot: 9
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2020
Sold by
Vangieri James
Bought by
Simone Rachell
Total Days on Market
41
Current Estimated Value
$474,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Outstanding Balance
$270,819
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$165,331

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 17, 2017
Sold by
Hill Asael G
Bought by
Vangieri James
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Jamie Vangieri
BHHS New England Properties
List Price
$259,000
Sold Price
$232,000
Premium/Discount to List
-$27,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$174,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

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
Simone Rachell $305,000 None Available
Vangieri James $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simone Rachell $299,475
Previous Owner Vangieri James $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $232,000 -10.4% $125 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $259,000 -- $140 / 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 $2,887 $294,300 $144,300 $150,000
2023 $2,831 $294,300 $144,300 $150,000
2022 $2,814 $294,300 $144,300 $150,000
2021 $2,974 $258,200 $125,600 $132,600
2020 $2,920 $258,200 $125,600 $132,600
2019 $2,892 $258,200 $125,600 $132,600
2018 $2,953 $248,600 $125,600 $123,000
2017 $2,881 $248,600 $125,600 $123,000
2016 $2,904 $248,600 $125,600 $123,000
2015 $2,756 $254,700 $128,200 $126,500
2014 $2,351 $254,700 $128,200 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1142635

State-Wide MLS

APN: WEST-000011-000009