R
Seller's Agent in 2025
Ryan Grady
Residential Properties Ltd.
(401) 525-0507
1 in this area
1 Total Sale
66 Tower St Westerly, RI 02891
3
Beds
2.5
Baths
1,555
Sq Ft
0.26
Acres
Highlights
- Wood Flooring
- Thermal Windows
- Zoned Heating System
- 2 Car Detached Garage
- Storage Room
- Baseboard Heating
About This Home
As of November 2025Investment opportunity in scenic Westerly! With 2 units up/down and character throughout, this well-maintained property has an excellent rental history. Highlights include a private, spacious backyard, a 2-car detached garage with large loft space, newer roof and recent re-siding, plus a private back deck and patio to enjoy the summer nights. Nearby Wilcox Park and the downtown area make it perfectly located for today's renter. The basement has amazing renovation potential featuring an existing partially finished walkout with a kitchen and bath. Close to the Pawcatuck River boat launch, train station, shopping district, YMCA, winter outdoor ice rink, and Westerly Hospital (1.5 miles), this property offers coastal living close to fabulous amenities and superb income generating potential.
Come enjoy Watch Hill and the beautiful beaches!
UNDER CONTRACT- 9-12-2025, OPEN HOUSE CANCELED
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0048618 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,916
Year Built
- Built in 1938
Lot Details
- 0.26 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1,555 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Storage Room
- Laundry in unit
- Storm Doors
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Zoned Heating System
- Heating System Uses Gas
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Units
- Operating Expense $3,500
Listing and Financial Details
- Tenant pays for hot water
- Legal Lot and Block 58-3 / 151
- Assessor Parcel Number 66TOWERSTWEST
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2025
Closed on
Nov 6, 2025
Sold by
Lje Properties Llc
Bought by
Surprenant Carol F and Van-West Harold J
Seller's Agent
Ryan Grady
Residential Properties Ltd.
Buyer's Agent
Gladys Barbosa
Edge Realty RI
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%
Views
106
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.70%
Original Mortgage
$464,000
Outstanding Balance
$464,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$69,702
Purchase Details
Closed on
Aug 2, 2023
Sold by
Grady Ryan J and Grady Lauren J
Bought by
Lje Properties Llc
Purchase Details
Listed on
Apr 20, 2022
Closed on
Jul 15, 2022
Sold by
R P & G J Morrone Ret and Morrone
Bought by
Grady Ryan J and Grady Lauren J
Seller's Agent
Donald Geehan
Compass
Buyer's Agent
Donald Geehan
Compass
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$299,250
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 5, 1983
Bought by
Morrone Raymond P
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Deed | $399,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | New Conventional | |
| Previous Owner | $299,250 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Sold | $580,000 | -2.5% | $373 / Sq Ft | |
| 10/14/2025 10/14/25 | Pending | -- | -- | -- | |
| 09/03/2025 09/03/25 | Price Changed | $595,000 | -3.3% | $383 / Sq Ft | |
| 08/07/2025 08/07/25 | For Sale | $615,000 | +54.1% | $395 / Sq Ft | |
| 07/15/2022 07/15/22 | Sold | $399,000 | 0.0% | $138 / Sq Ft | View Prior Sale |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- | |
| 05/16/2022 05/16/22 | Price Changed | $399,000 | -6.1% | $138 / Sq Ft | |
| 04/20/2022 04/20/22 | For Sale | $425,000 | -- | $148 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,216 | $413,400 | $145,600 | $267,800 |
| 2024 | $2,916 | $279,000 | $104,400 | $174,600 |
| 2023 | $2,835 | $279,000 | $104,400 | $174,600 |
| 2022 | $2,780 | $275,200 | $104,400 | $170,800 |
| 2021 | $2,927 | $242,700 | $91,000 | $151,700 |
| 2020 | $2,876 | $242,700 | $91,000 | $151,700 |
| 2019 | $2,849 | $242,700 | $91,000 | $151,700 |
| 2018 | $2,759 | $223,400 | $91,000 | $132,400 |
| 2017 | $2,681 | $223,400 | $91,000 | $132,400 |
| 2016 | $2,681 | $223,400 | $91,000 | $132,400 |
| 2015 | $2,569 | $228,800 | $92,800 | $136,000 |
| 2014 | $2,528 | $228,800 | $92,800 | $136,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Grady
-
Gladys Barbosa
Buyer's Agent in 2025
Gladys Barbosa
Edge Realty RI
(401) 855-1401
2 in this area
31 Total Sales
-
Donald Geehan
Seller's Agent in 2022
Donald Geehan
Compass
(401) 952-0105
12 in this area
19 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1390297
APN: WEST-000058-000003
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