NOT LISTED FOR SALE

69 Tower St Westerly, RI 02891

Estimated Value: $381,000 - $447,000

4 Beds
2 Baths
4,128 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $305,000 $74 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,292/month

60 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Window Unit Cooling System
  • Attic
  • Thermal Windows
  • Baseboard Heating

About This Home

As of August 2023

An estate sale....two family .... Large Lot on Tower Street .. Public Rems:
ample off street parking with a large detached garage with an additional storage shed attached. City Water and Sewer make it easily maintainable. Located within walking distance to downtown Westerly, each unit offers separate front and side entrances providing privacy for tenants/owner. The first floor unit offers 2 bedrooms, a full bath, living room, dining room and the second floor unit is a mirror image with a walk up attic. Both units have small outside space in front of house and washer and dryer hookups can easily be added to both units as plumbing is there . Walking distance to downtown Westerly and the many activities it has to offer -Wilcox Park, a performance at both theaters, dining at the many restaurants downtown offers...or shopping at the many small unique businesses. This location offers something for everyone. Great investment opportunity whether owner occupied or investor.

Last Agent to Sell the Property

Lisa Raiche

Town & Shore Realty License #REB.0018903 Listed on: 10/17/2022

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #REB.0018903 Listed on: 10/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1908

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Plaster

Interior Spaces

  • 4,128 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Wood Flooring
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 69TOWERSTWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,661

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Above Grade Finished Sq Ft: 4128.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1908
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Plaster

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 69TOWERSTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2661.38
  • Tax Lot: 192
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Aug 11, 2023
Sold by
Chicoria Jr Louis F Est and Chicoria
Bought by
Felber Marcia
Seller's Agent
Lisa Raiche
Town & Shore Realty
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$345,000
Sold Price
$305,000
Premium/Discount to List
-$40,000
-11.59%
Views
304
Current Estimated Value
$403,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,098
Avg. Annual Appreciation
9.54%
Original Mortgage
$228,750
Outstanding Balance
$224,562
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,803
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Felber Marcia $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felber Marcia $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $305,000 +2.0% $74 / Sq Ft
12/17/2022 12/17/22 Price Changed $299,000 -13.3% $72 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $345,000 -- $84 / 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
2024 $1,863 $178,300 $104,100 $74,200
2023 $2,410 $237,200 $104,100 $133,100
2022 $2,396 $237,200 $104,100 $133,100
2021 $2,529 $209,700 $90,700 $119,000
2020 $2,485 $209,700 $90,700 $119,000
2019 $2,462 $209,700 $90,700 $119,000
2018 $2,500 $202,400 $90,700 $111,700
2017 $2,429 $202,400 $90,700 $111,700
2016 $2,429 $202,400 $90,700 $111,700
2015 $2,328 $207,300 $92,500 $114,800
2014 $2,291 $207,300 $92,500 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1322305

State-Wide MLS

APN: WEST-000058-000192