NOT LISTED FOR SALE

62 Summer St Westerly, RI 02891

Estimated Value: $757,000 - $1,006,000

3 Beds
2.5 Baths
4,879 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $775,000 $159 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,185/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Bathtub with Shower
  • Central Heating and Cooling System
  • 3 Car Garage

About This Home

As of October 2023

Welcome To 62 Summer Street - A Masterfully Restored 4500 Sq. Ft Home With A Short 8 Minute Drive To Famous Watch Hill. Well Maintained Crushed-Stone Yard With Fire Pit And A New Fence. Brand New Luxurious Kitchen With Quartz Counters, Herringbone Back Splash & Brand New Dacor & Thermador Appliances. French Doors Lead To A Over Sized Sun Enriched Sun Room. Hardwoods Flow Into An Oversized Family Room With Custom Ship-Lap And Private Dining Room. A Large Home Office With Built In Bookshelves Complete The First Floor. The 2nd Floor Features A Master Suite With Amazing Attached Bathroom Including Jack & Jill Vanity, Tiled Shower & Soaking Tub. Upstairs Also Includes 2 Additional Bedrooms With Full Bathroom. As The Kids Play In The Renovated Kids Room You Will Find A Massive Movie/Game Room For The Adults Or Family! With Additional Kitchen/Wine Bar. Perfect For Sunday Foot Ball Or Friends Gatherings. On The Third Floor There Is Additional Renovated Space For Endless Possibilities.

Last Agent to Sell the Property

David White

OwnerEntry.com License #REB.0018736 Listed on: 09/08/2023

Last Buyer's Agent

Mary Jane DiMaio

RE/MAX South County License #RES.0026707

RE/MAX South County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,280

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,879 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Block 149
  • Assessor Parcel Number 62SUMMERSTWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,280

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Above Grade Finished Sq Ft: 4879.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Tub Shower
  • Living Area: 4879.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 62SUMMERSTWEST
  • Zoning: r
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5280.0
  • Tax Block: 149
  • Tax Lot: 00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 27, 2023
Sold by
Alpha Holdings Llc
Bought by
Lathrop Carol A and Lathrop Arthur
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Mary Jane DiMaio
RE/MAX South County
List Price
$775,000
Sold Price
$775,000
Views
70
Current Estimated Value
$885,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,942
Avg. Annual Appreciation
7.63%
Original Mortgage
$217,000
Outstanding Balance
$213,574
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$695,572

Purchase Details

Closed on
Jun 22, 2023
Sold by
Vanikiotis John
Bought by
Alpha Holdings Llc

Purchase Details

Closed on
Jun 16, 2023
Sold by
Nations Lending Corp
Bought by
Vanikiotis John

Purchase Details

Closed on
Feb 22, 2023
Sold by
Poole Michael and Nations Lending Corp
Bought by
Nations Lending Corp

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 25, 2020
Sold by
Villanis Alexander B and Villanis Isabel M
Bought by
Poole Michael
Seller's Agent
Mark Wright
Coldwell Banker Coastal Homes
Buyer's Agent
Keith Volpicelli
RE/MAX Real Estate Center
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%
Original Mortgage
$397,664
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 16, 2018
Sold by
Smith Joyce E
Bought by
Villanis Alexander B and Villanis Isabel M
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Mark Wright
Coldwell Banker Coastal Homes
List Price
$339,900
Sold Price
$345,900
Premium/Discount to List
$6,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$357,314
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Nov 4, 1991
Sold by
Russ Clive J
Bought by
Smith Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lathrop Carol A $775,000 None Available
Alpha Holdings Llc -- None Available
Vanikiotis John $407,600 None Available
Nations Lending Corp $410,080 None Available
Poole Michael $405,000 None Available
Villanis Alexander B $345,900 --
Smith Joyce E $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lathrop Carol A $217,000
Previous Owner Poole Michael $397,664
Previous Owner Villanis Alexander B $357,314
Previous Owner Smith Joyce E $289,400
Previous Owner Smith Joyce E $333,700
Previous Owner Smith Joyce E $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $775,000 0.0% $159 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $775,000 +91.4% $159 / Sq Ft
08/27/2020 08/27/20 Sold $405,000 -3.3% $74 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $419,000 +21.1% $76 / Sq Ft
10/16/2018 10/16/18 Sold $345,900 +1.8% $100 / Sq Ft View Prior Sale
09/16/2018 09/16/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $339,900 -- $98 / 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
2025 $6,517 $837,700 $159,900 $677,800
2024 $6,760 $646,900 $114,400 $532,500
2023 $5,020 $494,100 $114,400 $379,700
2022 $4,990 $494,100 $114,400 $379,700
2021 $5,228 $433,500 $99,500 $334,000
2020 $5,137 $433,500 $99,500 $334,000
2019 $5,089 $433,500 $99,500 $334,000
2018 $4,751 $384,700 $99,500 $285,200
2017 $4,616 $384,700 $99,500 $285,200
2016 $4,616 $384,700 $99,500 $285,200
2015 $4,427 $394,200 $101,500 $292,700
2014 $4,356 $394,200 $101,500 $292,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1343521

State-Wide MLS

APN: WEST-000057-000149