NOT LISTED FOR SALE

65 Pleasant St Westerly, RI 02891

Estimated Value: $351,628 - $464,000

5 Beds
2 Baths
3,088 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $385,000 $125 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,336/month

7 Days on Market

Highlights

  • Recreation Facilities
  • Public Transportation
  • Baseboard Heating
  • Window Unit Cooling System
  • Shops
  • Utility Room

About This Home

As of September 2024

Two-Family Investment Property in Westerly's North End: Welcome to this fantastic investment opportunity located in the North End neighborhood of Westerly, RI. This two-family home is situated within walking distance to the vibrant downtown area, Gray Sail Brewing Company and Wilcox Park. Property Features: off-street parking, new vinyl siding for curb appeal, both units have new floors, new appliances, and are well maintained. This property is fully rented, generating a solid monthly rental income of $3,350.00, both tenants are on an annual lease. Whether you're a seasoned investor or just starting out, this turn-key property offers a hassle-free addition to your portfolio. Don't miss out on this excellent opportunity to own a well-maintained, income-producing property in a prime location. Tenants are in place.

Last Agent to Sell the Property

Amanda Bruneau

Compass Listed on: 09/06/2024

Compass

Last Buyer's Agent

Amanda Bruneau

Compass Listed on: 09/06/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1909

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Stone Foundation
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 65PLEASANTSTWEST

Community Details

Overview

  • 2 Units
  • North End Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 3088.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Bathtub, Stall Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 65PLEASANTSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2208.0
  • Tax Lot: 051
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 24, 2024
Sold by
Veeder Dillan
Bought by
Westwood Rlty Partners Ll
Seller's Agent
Amanda Bruneau
Compass
Buyer's Agent
Amanda Bruneau
Compass
List Price
$379,000
Sold Price
$385,000
Premium/Discount to List
$6,000
1.58%
Views
29
Current Estimated Value
$404,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,907
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
Apr 29, 2021
Closed on
Aug 11, 2021
Sold by
Restelli John
Bought by
Veeder Dillan
Seller's Agent
Michael Lamb
Keller Williams Coastal
Buyer's Agent
Amanda Bruneau
Compass
List Price
$244,900
Sold Price
$247,500
Premium/Discount to List
$2,600
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.16%
Original Mortgage
$277,035
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2019
Sold by
Restelli John R
Bought by
Restelli John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,534
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1973
Bought by
Restelli John R
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
Westwood Rlty Partners Ll $385,000 None Available
Veeder Dillan $247,500 None Available
Restelli John $200,000 --
Restelli John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veeder Dillan $277,035
Previous Owner Restelli John $141,534
Previous Owner Restelli John R $35,000
Previous Owner Restelli John R $85,000
Previous Owner Restelli John R $50,000
Previous Owner Restelli John R $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2024 09/25/24 Sold $385,000 +1.6% $125 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $379,000 +53.1% $123 / Sq Ft
08/11/2021 08/11/21 Sold $247,500 +1.1% $80 / Sq Ft View Prior Sale
07/12/2021 07/12/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $244,900 -- $79 / 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 $2,619 $336,600 $70,000 $266,600
2024 $2,271 $217,300 $50,000 $167,300
2023 $2,208 $217,300 $50,000 $167,300
2022 $2,195 $217,300 $50,000 $167,300
2021 $1,469 $121,800 $43,500 $78,300
2020 $1,443 $121,800 $43,500 $78,300
2019 $1,430 $121,800 $43,500 $78,300
2018 $1,415 $114,600 $43,500 $71,100
2017 $1,375 $114,600 $43,500 $71,100
2016 $1,375 $114,600 $43,500 $71,100
2015 $1,443 $128,500 $52,400 $76,100
2014 $1,420 $128,500 $52,400 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1367971

State-Wide MLS

APN: WEST-000046-000051