NOT LISTED FOR SALE

6 Niles St Westerly, RI 02891

Estimated Value: $449,489 - $494,000

4 Beds
2 Baths
1,620 Sq Ft
$294/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $370,000 $228 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,767/month

9 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Baseboard Heating
  • Attic
  • Shops
  • Carpet

About This Home

As of November 2022

Welcome to 6 Niles Street! Just Minutes from Downtown Westerly, this 2-Unit Multi Family Is Every Investor's Dream. Each Unit Features 2 Spacious Bedrooms, 1 Full Bathroom and a Very Large Shared Deck. Enjoy Your Recently Updated Kitchen w/ Granite Countertops, Lots of Natural Sunlight, and New Life Proof Laminate Floors! Both Units Not Only Have Their Own Driveway, But They Also Each Have a Private Basement, w/ Separate Washer and Dryer Hookups and a Large Yard on a DOUBLE LOT in a Very Desirable Neighborhood! This Home's Regular Maintenance and Care Really Shines Through. With Nearby Amenities Including Shopping, Beaches, Public Transportation, Golf Courses, Parks, and More, You Will Not Want to Miss Out on This Investment or Owner-Occupy Opportunity! Selling As Is

Last Agent to Sell the Property

Kim Malek

Malek Real Estate, Inc. License #REB.0018807 Listed on: 09/16/2022

Last Buyer's Agent

Thomas Switz

Switz Real Estate Associates License #REB.0011491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Corner Lot

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 6NILESSTWEST

Community Details

Overview

  • 2 Units
  • North End Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,316

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 1620.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1977
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Attic, Bathtub
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Aluminum Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16553.0
  • Parcel #: 6NILESSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2316.0
  • Tax Lot: 116
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 7, 2022
Sold by
Lawton Cynthia A and Lawton Scott E
Bought by
Bowdy Randal
Seller's Agent
Kim Malek
Malek Real Estate, Inc.
Buyer's Agent
Thomas Switz
Switz Real Estate Associates
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%
Views
78
Current Estimated Value
$476,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,622
Avg. Annual Appreciation
7.36%
Original Mortgage
$363,298
Outstanding Balance
$353,778
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$100,143

Purchase Details

Closed on
Feb 18, 2011
Sold by
Oconnell Cynthia A and Lawton Scot E
Bought by
Lawton Cynthia A and Lawton Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.77%

Purchase Details

Closed on
Apr 9, 1998
Sold by
Shields Brian G and Shields Michelle P
Bought by
Oconnell Cynthia A and Lawton Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,450
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bowdy Randal $370,000 None Available
Lawton Cynthia A -- --
Oconnell Cynthia A $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowdy Randal $363,298
Previous Owner Oconnell Cynthia A $141,000
Previous Owner Oconnell Cynthia A $114,000
Previous Owner Oconnell Cynthia A $118,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $370,000 +5.7% $228 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $349,900 -- $216 / 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 $3,003 $287,400 $112,300 $175,100
2023 $2,920 $287,400 $112,300 $175,100
2022 $2,316 $229,300 $112,300 $117,000
2021 $2,366 $196,200 $97,700 $98,500
2020 $2,325 $196,200 $97,700 $98,500
2019 $2,303 $196,200 $97,700 $98,500
2018 $2,412 $195,300 $97,700 $97,600
2017 $2,344 $195,300 $97,700 $97,600
2016 $2,344 $195,300 $97,700 $97,600
2015 $2,247 $200,100 $99,700 $100,400
2014 $2,211 $200,100 $99,700 $100,400
Source: Public Records

Agents Affiliated with this Home

  • Kim Malek

    Seller's Agent in 2022

    Kim Malek

    Malek Real Estate, Inc.

    (860) 639-9112

    3 in this area

    87 Total Sales

    Kim Malek
    Section Image
  • Thomas Switz

    Buyer's Agent in 2022

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    6 in this area

    276 Total Sales

    Thomas Switz
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1320206

State-Wide MLS

APN: WEST-000036-000116

Rhode Island Washington County Westerly 02891

6 Niles St, Westerly, RI

This home is located at 6 Niles St, Westerly, RI 02891 since 16 September 2022 and is currently estimated at $476,622, approximately $294 per square foot. This property was built in 1977. 6 Niles St is a home located in Washington County with nearby schools including Westerly High School, North Stonington Christian Academy, and St. Michael School.

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