NOT LISTED FOR SALE

61 Salt Pond Way Westerly, RI 02891

Estimated Value: $441,000 - $599,000

1 Bed
1 Bath
440 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $310,000 $705 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,944/month

19 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Beach Access
  • Cottage
  • Bathtub with Shower

About This Home

As of April 2021

Are you looking for a beach cottage escape where you can trade the city heat for ocean breezes, trade a bustling commute to work for a bike ride to a sunny white sand beach or trade the noise of traffic and sirens for the sweet sounds of silence? This intimate one bedroom, one bath home is the perfect get-away property for a buyer that wants to breathe in some salt air and savor small town charm. Move-in ready, this compact space is updated within and outside so all you need to do is drop your bags and head to the beach or even rent it out for some extra money toward the mortgage payments. Easy to maintain, this 440 square foot cottage on .12 acres comes with deeded beach rights to a stretch of sand on the Atlantic and two salt ponds where you can rake for quahogs, fish and birdwatch from a kayak or find inner balance on a paddleboard. A quaint back lawn offers space for sunning, yard games and grilling or venture out to sample tasty local fare from nearby fish markets, farm stands and gourmet restaurants. First rate golf courses, tennis courts and access to a boat launch that puts you on the open sea in minutes are just a few amenities of this coastal neighborhood. At the end of a quiet street, this cottage is a great spot to rest your head while living in this fantastic shore enclave that has so much to explore!

Last Agent to Sell the Property

Ben Faubert

Onshore Realtors License #REC.0017150 Listed on: 03/11/2021

Last Buyer's Agent

Donna Knoll

BHHS New England Properties License #RES.0043475

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1960

Lot Details

  • 4,990 Sq Ft Lot

Home Design

  • Cottage
  • Clapboard

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Community Details

  • Marina
  • Golf Course Community
  • Recreation Facilities

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 61SALTPONDWYWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1146
  • Above Grade Finished Sq Ft: 440.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • Living Area: 440.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4990.0
  • Parcel #: 61SALTPONDWYWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2254.0
  • Tax Lot: 20
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 30, 2021
Sold by
Carr Wendy
Bought by
Hughes Christine E
Seller's Agent
Ben Faubert
Onshore Realtors
Buyer's Agent
Donna Knoll
BHHS New England Properties
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$490,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,978
Avg. Annual Appreciation
8.68%
Original Mortgage
$279,000
Outstanding Balance
$256,227
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,744

Purchase Details

Closed on
Oct 4, 2007
Sold by
Wilson Audrey B
Bought by
Carr Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hughes Christine E $310,000 None Available
Carr Wendy $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Christine E $279,000
Previous Owner Carr Wendy $162,000
Previous Owner Carr Wendy $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $310,000 -5.8% $705 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $329,000 -- $748 / 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 $2,789 $284,300 $210,100 $74,200
2023 $2,735 $284,300 $210,100 $74,200
2022 $2,718 $284,300 $210,100 $74,200
2021 $2,296 $199,300 $155,300 $44,000
2020 $2,254 $199,300 $155,300 $44,000
2019 $2,232 $199,300 $155,300 $44,000
2018 $2,266 $190,700 $155,300 $35,400
2017 $2,210 $190,700 $155,300 $35,400
2016 $2,227 $190,700 $155,300 $35,400
2015 $2,108 $194,800 $158,400 $36,400
2014 $2,073 $194,800 $158,400 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1277290

State-Wide MLS

APN: WEST-000131-000020