NOT LISTED FOR SALE

6 Niles St Westerly, RI 02891

Estimated Value: $398,969 - $432,000

4 Beds
2 Baths
1,620 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 07, 2022

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

Est. 14% increase in value since last sale

Current estimated payment $2,591/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 Listed By

Kim Malek

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

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%
Total Days on Market
9
Views
78
Current Estimated Value
$422,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,242
Avg. Annual Appreciation
5.16%
Original Mortgage
$363,298
Outstanding Balance
$354,487
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$65,126

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%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 Lawton Scott E $89,100
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

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 84 Pierce St, Westerly, RI 02891

    $425,000

    • 6 Beds
    • 3 Baths
    • 2,590 Sq Ft
    • 84 Pierce St
    • Westerly, RI

    Hey Investors! Check out 84 Pierce Street in Westerly, RI this place is a total gem! Currently the lowest priced Multi unit in Westerly. Sitting pretty in an opportunity zone, this 3-family property is a fantastic income-producing find. With a whopping 2590 sq. ft., it offers six bedrooms and three bathrooms, giving your tenants plenty of space. There's a detached garage perfect for your tenants

    Richard Wucik Compass / Lila Delman Compass

    Section Image
  • 67 Pleasant St, Westerly, RI 02891

    $419,000

    • 5 Beds
    • 2 Baths
    • 1,492 Sq Ft
    • 67 Pleasant St
    • Westerly, RI

    Welcome to 67 Pleasant Street, a charming and versatile two-family home located in the desirable North End of Westerly. This property showcases two distinct units, each with its own unique appeal. Unit 1 is fully renovated and features spacious rooms with new flooring. It includes two bedrooms and one bathroom, a fully updated modern kitchen, a generous laundry room, and a living area, all

    A Bruneau Team Compass / Lila Delman Compass

    Section Image
  • 50 Stillman Ave, Pawcatuck, CT 06379

    $450,000

    • 4 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 50 Stillman Ave
    • Pawcatuck, CT

    Fantastic 2-Family Home on a 2-Parcel desirable Corner Lot! An excellent investment opportunity or owner-occupied home, this versatile 2-family property offers the perfect balance of comfort and income potential. Live in one unit while generating rental income from the other! Nestled in a prime location near downtown Pawcatuck-Westerly, this home provides easy access to shops, restaurants, parks,

    Cristina Ballelli William Raveis Real Estate

    Section Image
  • 103 Bowling Ln, Westerly, RI 02808

    $399,900

    • 6 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 103 Bowling Ln
    • Westerly, RI

    Own Your Dream Home with Zero Money Down! Unlock the door to your future with an exclusive offer: Purchase this home and receive $3,999 back in closing costs credits OR $2,364 per month at an exceptional financing rate of 5.87% APR with ZERO down payment available for those who qualify. Your Private Oasis Awaits! This beautifully maintained in a highly sought-after location duplex offers the

    Nathan Clark Your Home Sold Guaranteed Realty, The Nathan Clark Team

    Section Image
  • 245 Bradford Rd, Bradford, RI 02808

    $399,900

    • 5 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 245 Bradford Rd
    • Bradford, RI

    This 1776 square foot 2 Unit, multi family home has 4+1 bedrooms and 2.0 bathrooms. (2 at unit #1 and 2-3 at unit #2) This home is located in the quaint village of Bradford, RI. Next to Bradford Preserve and Lacrosse field. This could be a great B&B on the first floor. Long term tenants and may be willing to re-negotiate rent roll. Currently rents under market value. Separate heating systems for

    Sandy Bliven RE/MAX South County

    Section Image

Source: State-Wide MLS

MLS Number: 1320206

State-Wide MLS

APN: WEST-000036-000116