NOT LISTED FOR SALE

63 School St Westerly, RI 02891

Estimated Value: $341,000 - $417,000

4 Beds
2 Baths
1,339 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $305,000 $228 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,257/month

7 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Car Detached Garage
  • Golf Course Community
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of August 2023

Highest and best due by Monday, July 3, 2023 at 6:00PM. Great investment or owner-occupant opportunity two-family in the heart of Westerly. First level has kitchen, living room, dining room, full bathroom, and 2 bedrooms. Second level has 1 bedroom, bathroom, and living room/kitchen area. There is also a walkout basement with lots of potential. There is a garage with a loft area and a room underneath. The mechanicals are all separate (oil tank, furnaces, electrical). It could be used perfectly as a single family with an in-law. The home is located in close proximity to schools, downtown, shopping, restaurants, and a short drive to the beach. With some love, this quaint home could be restored. Property is being sold AS-IS. Come to 63 School Street and find your happy space. This property is also listed as a single family under MLS #1338548.

Last Agent to Sell the Property

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 06/28/2023

Co-Listed By

Jacob Lamb

Sold By Michaela LLC License #RES.0043194

Last Buyer's Agent

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1940

Lot Details

  • 10,019

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,339 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 10,019 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 63SCHOOLSTWEST

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,247

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: SOLD
  • Co List Office Phone: 401-935-3390
  • Inclusions: NA
  • Above Grade Finished Sq Ft: 1339.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1940
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Family Room, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 63SCHOOLSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2247.0
  • Tax Lot: 193
  • Tax Year: 2022
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

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $305,000 +10.9% $228 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $275,000 -- $205 / 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 $2,482 $319,000 $152,900 $166,100
2024 $2,336 $223,500 $109,500 $114,000
2023 $2,261 $222,500 $109,500 $113,000
2022 $2,247 $222,500 $109,500 $113,000
2021 $2,369 $196,400 $95,400 $101,000
2020 $2,327 $196,400 $95,400 $101,000
2019 $2,306 $196,400 $95,400 $101,000
2018 $2,286 $185,100 $95,400 $89,700
2017 $2,221 $185,100 $95,400 $89,700
2016 $2,221 $185,100 $95,400 $89,700
2015 $2,212 $197,000 $97,300 $99,700
2014 $2,177 $197,000 $97,300 $99,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1338549

State-Wide MLS

APN: WEST-000067-000193