NOT LISTED FOR SALE

69 School St Westerly, RI 02891

Estimated Value: $505,000 - $580,000

5 Beds
2 Baths
2,022 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $237,000 $117 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,056/month

379 Days on Market

Highlights

  • Wood Flooring
  • Workshop
  • Public Transportation
  • Attic
  • Storage Room
  • Shops

About This Home

As of June 2016

Perfect for owner occupancy and let tenants help to pay mortgage! Well kept interior with hardwoods and replacement windows throughout. cozy and cute older home.

Last Agent to Sell the Property

Leo Richer

Weichert Realtors-Cress & Co. License #RES.0033388 Listed on: 04/20/2015

Last Buyer's Agent

Holly Powell

BHHS New England Properties License #RES.0033778

BHHS New England Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1894

Lot Details

  • 0.27

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,022 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Storage Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service

Additional Features

  • 0.27 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 196
  • Assessor Parcel Number 69SCHOOLSTWEST

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,909

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2677
  • Subdivision Name: DOWNTOWN
  • Above Grade Finished Sq Ft: 2022.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1894
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Range Hood, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Interior Steps
  • Living Area: 2022.0
  • Dining Room Type: Storage Room, Workshop
  • Stories: 2

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Hospital, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11663.0
  • Parcel #: 69SCHOOLSTWEST
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 25800.0

Tax Info

  • Tax Annual Amount: 2909.0
  • Tax Lot: 196
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Lusk Meghan J and Lusk Zachary C
Bought by
Lusk Meghan J and Lusk Zachary C
Current Estimated Value
$533,472

Purchase Details

Listed on
Apr 20, 2015
Closed on
May 31, 2016
Sold by
Donnan Jack A and Donna Maureen D
Bought by
Souter Meghan J and Lusk Zachary C
Seller's Agent
Leo Richer
Weichert Realtors-Cress & Co.
Buyer's Agent
Holly Powell
BHHS New England Properties
List Price
$275,000
Sold Price
$237,000
Premium/Discount to List
-$38,000
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$232,707
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2005
Sold by
Tungchen Maio
Bought by
Donnan Jack and Donnan Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Lusk Meghan J -- None Available
Souter Meghan J -- --
Donnan Jack $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Souter Meghan J $232,707
Previous Owner Donnan Jack $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $237,000 -13.8% $117 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/20/2015 04/20/15 For Sale $275,000 -- $136 / 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 $3,435 $441,500 $153,400 $288,100
2024 $3,420 $327,300 $110,000 $217,300
2023 $3,325 $327,300 $110,000 $217,300
2022 $3,306 $327,300 $110,000 $217,300
2021 $3,312 $274,600 $95,900 $178,700
2020 $3,254 $274,600 $95,900 $178,700
2019 $3,224 $274,600 $95,900 $178,700
2018 $3,084 $249,700 $95,900 $153,800
2017 $2,996 $249,700 $95,900 $153,800
2016 $2,996 $249,700 $95,900 $153,800
2015 $2,997 $266,900 $97,800 $169,100
2014 $2,949 $266,900 $97,800 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1093438

State-Wide MLS

APN: WEST-000067-000196