NOT LISTED FOR SALE

59 Boombridge Rd Westerly, RI 02891

Estimated Value: $444,830 - $564,000

4 Beds
2 Baths
1,852 Sq Ft
$278/Sq Ft Est. Value

Last Sold February 17, 2017

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

Est. 122% increase in value since last sale

Current estimated payment $2,914/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 Agent to Sell the Property

Andy Schilke

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

Last Buyer's Agent

Jamie Vangieri

BHHS New England Properties License #RES.0035595

BHHS New England Properties

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
  • Hot Water Heating System
  • 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
Current Estimated Value
$515,708

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
$265,265
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$250,443

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
9.36%
Original Mortgage
$174,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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 List to Sale Price per Sq Ft
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
2025 $2,936 $413,000 $201,600 $211,400
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