NOT LISTED FOR SALE

60 Margin St Unit 101 Westerly, RI 02891

Estimated Value: $469,288 - $518,000

3 Beds
2.5 Baths
1,509 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $460,000 $305 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,264/month

135 Days on Market

Highlights

  • Marina
  • Deck
  • Recreation Facilities
  • Spa
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of December 2023

This desirable end-unit townhouse has numerous windows that make the rooms extra bright and full of light! Stroll the banks of the nearby Pawcatuck River, moor your boat at the adjacent marina or walk the few blocks to downtown Westerly for dinner, drinks or community concerts, arts and activities. Beautifully landscaped, there is a small back deck and patio area for outdoor relaxing fringed by tall trees that add privacy and also lend seclusion by surrounding the upstairs bedroom windows. The first floor has a newly-carpeted living area and a dining room that opens into the kitchen. The walls have white-on-white raised molding panels that make the interior elegant and an inlaid hardwood floor adds a sophisticated accent as do golden oak stairs and railings. The kitchen has a stainless refrigerator and dishwasher with a ceramic tiled floor. A glass slider opens onto the patio and a powder room completes the main floor layout. Upstairs there are three spacious bedrooms and two full baths. There is an un-finished basement that's great for storage and houses the laundry hook-ups and the gas heat and central air mechanics. A one-car garage is also on the lower level. This condo-style living is an investment in your future and yourself! Let someone else do the yard work while you spend your time boating, golfing, going to the beach and enjoying the good life in this quaint coastal town.

Last Listed By

Ben Faubert

Onshore Realtors License #REC.0017150 Listed on: 06/27/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1990

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,509 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer

Unfinished Basement

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

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 60MARGINST101WEST

Community Details

Overview

  • Association fees include ground maintenance, snow removal, trash
  • 5 Units

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,805

Year Built

Built in 1990

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1509.0
  • Building Name: Merchants Landing
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1990
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Central Vacuum
  • Living Area: 1509.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel #: 60MARGINST101WEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2805.15
  • Tax Lot: 101
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Nov 27, 2023
Sold by
Donnarummo Timothy
Bought by
Marut Beth
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Meghan Ravenelle
Onshore Realtors
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Total Days on Market
135
Views
647
Current Estimated Value
$494,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,572
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Jan 31, 2006
Sold by
Hoyt John and Hoyt Carol
Bought by
Donnarummo Timothy

Purchase Details

Closed on
Sep 8, 1998
Sold by
Merchants Landing Corp
Bought by
Hoyt John H and Hoyt Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Marut Beth $460,000 None Available
Donnarummo Timothy $300,000 --
Hoyt John H $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoyt John H $232,000
Previous Owner Hoyt John H $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $460,000 -4.0% $305 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $479,000 -- $317 / 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 $2,749 $263,100 $0 $263,100
2023 $2,673 $263,100 $0 $263,100
2022 $2,657 $263,100 $0 $263,100
2021 $2,805 $232,600 $0 $232,600
2020 $2,756 $232,600 $0 $232,600
2019 $2,731 $232,600 $0 $232,600
2018 $2,966 $240,200 $0 $240,200
2017 $2,882 $240,200 $0 $240,200
2016 $2,882 $240,200 $0 $240,200
2015 $2,794 $248,800 $0 $248,800
2014 $2,749 $248,800 $0 $248,800
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1338429

State-Wide MLS

APN: WEST-000086-000062B-000101