59 Elm St Westerly, RI 02891
Estimated Value: $836,000 - $1,402,000
4
Beds
5
Baths
4,790
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- 2 Fireplaces
- Wine Cellar
- Victorian Architecture
- Game Room
About This Home
As of April 2021One of Westerly's most recognizable homes this iconic painted lady has been restored to its original Victorian splendor. Located on historic Elm Street, it is just steps away from the bustling charms of downtown Westerly and a short drive to the area's famous beaches. To the extent that a home can be a work of art, 59 Elm Street is undoubtedly a masterpiece. No expense was spared in bringing this home's craftsmanship to its full luster. Renovated with modern living in mind it includes all of the conveniences of contemporary life. The home chef will appreciate the sunny eat-in-kitchen with a 6-burner Viking cooktop and a massive walk-in pantry. The master bedroom suite features a serene sitting room and a gorgeous tiled bathroom with a double shower. The en suite third floor provides a wide-open space with a cozy sitting area at the top of the home's signature turret. The garden level of the home features a bright family room with a soapstone wet bar and fireplace that evokes a period speakeasy - a great place to relax with family and friends. Just past the French doors, the space is finished with an expansive play/workroom, mudroom, wine cellar and a full bathroom. Magnificent covered porches offer tranquil spots to gather and entertain at either end of the home. The outdoor space includes an extra-deep lot with a spacious patio, a thoughtfully landscaped yard and a 3-car garage with plenty of off-street parking. The home of your dreams awaits!
Last Agent to Sell the Property
Compass / Lila Delman Compass License #RES.0041164 Listed on: 01/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,509
Year Built
- Built in 1890
Lot Details
- 0.29 Acre Lot
- Fenced
- Property is zoned R-6
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Victorian Architecture
- Stone Foundation
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 4-Story Property
- Wet Bar
- Central Vacuum
- 2 Fireplaces
- Stone Fireplace
- Fireplace Features Masonry
- Gas Fireplace
- Wine Cellar
- Game Room
- Workshop
- Utility Room
- Security System Owned
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Patio
- Porch
Location
- Property near a hospital
Utilities
- Whole House Fan
- Window Unit Cooling System
- Central Air
- Heating System Uses Gas
- Radiant Heating System
- Heating System Uses Steam
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 96
- Assessor Parcel Number 59ELMSTWEST
Community Details
Recreation
- Marina
- Recreation Facilities
Additional Features
- Downtown Elm Street Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2021
Closed on
Apr 28, 2021
Sold by
Capalbo Matthew B and Caplabo Anna K
Bought by
Moyles Lisa J and Beaudry Lise
Seller's Agent
Larry Burns
Compass / Lila Delman Compass
Buyer's Agent
Heather Morrone
Coldwell Banker Coastal Homes
List Price
$979,000
Sold Price
$960,000
Premium/Discount to List
-$19,000
-1.94%
Total Days on Market
71
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
$214,201
Avg. Annual Appreciation
5.01%
Original Mortgage
$720,000
Outstanding Balance
$658,461
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$515,740
Purchase Details
Closed on
May 1, 2009
Sold by
Lippincott Alfred G
Bought by
Capalbo Matthew B and Capalbo Anna K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2002
Sold by
Demirs Thomas M and Demirs Ellen B
Bought by
Lippincott Alfred G and Tattersall Ellen
Similar Home in Westerly, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moyles Lisa J | $960,000 | None Available | |
| Capalbo Matthew B | $700,000 | -- | |
| Lippincott Alfred G | $365,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moyles Lisa J | $720,000 | |
| Previous Owner | Capalbo Matthew B | $361,000 | |
| Previous Owner | Lippincott Alfred G | $476,000 | |
| Previous Owner | Lippincott Alfred G | $100,000 | |
| Previous Owner | Lippincott Alfred G | $375,000 | |
| Previous Owner | Lippincott Alfred G | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2021 04/28/21 | Sold | $960,000 | -1.9% | $200 / Sq Ft |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- |
| 01/16/2021 01/16/21 | For Sale | $979,000 | -- | $204 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $9,760 | $934,000 | $165,400 | $768,600 |
| 2023 | $9,489 | $934,000 | $165,400 | $768,600 |
| 2022 | $9,330 | $923,800 | $165,400 | $758,400 |
| 2021 | $8,010 | $664,200 | $144,200 | $520,000 |
| 2020 | $7,871 | $664,200 | $144,200 | $520,000 |
| 2019 | $7,798 | $664,200 | $144,200 | $520,000 |
| 2018 | $7,746 | $627,200 | $144,200 | $483,000 |
| 2017 | $7,526 | $627,200 | $144,200 | $483,000 |
| 2016 | $7,526 | $627,200 | $144,200 | $483,000 |
| 2015 | $7,434 | $662,000 | $147,000 | $515,000 |
| 2014 | $7,315 | $662,000 | $147,000 | $515,000 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Burns
Seller's Agent in 2021
Larry Burns
Compass / Lila Delman Compass
(401) 222-0656
57 in this area
74 Total Sales
-
Heather Morrone
Buyer's Agent in 2021
Heather Morrone
Coldwell Banker Coastal Homes
(401) 578-2358
28 in this area
91 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1273011
APN: WEST-000076-000096
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