NOT LISTED FOR SALE

7 Ava St Westerly, RI 02891

Estimated Value: $439,934 - $517,000

4 Beds
2 Baths
3,510 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $293,000 $83 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,777/month

22 Days on Market

Highlights

  • Cathedral Ceiling
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • Corner Lot
  • Bathtub with Shower

About This Home

As of October 2020

Solid 2 family house, with 2 bedrooms and 1 bathroom in each apartment. Nice neighborhood, close to town. Live in one apartment and let the other pay for most of your expenses or rent them both and enjoy positive cash flow while building equity. RISE inspected and work done 3 years ago. Roof, windows, electric and heating system are all up to date and in good shape.

Last Agent to Sell the Property

John Damon

Compass / Lila Delman Compass License #RES.0035718 Listed on: 09/07/2020

Compass / Lila Delman Compass

Last Buyer's Agent

Harrison McCormick

BHHS New England Properties License #RES.0042759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 1900

Lot Details

  • 6,400 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 7AVASTWEST

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Upper High Street Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $5,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,545

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Upper High Street
  • Above Grade Finished Sq Ft: 3510.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Wood Siding, Vinyl Siding
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Size Sq Ft: 6400.0
  • Parcel #: 7AVASTWEST
  • Zoning: R15
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5200.0

Tax Info

  • Tax Annual Amount: 2545.0
  • Tax Lot: 138
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 28, 2020
Sold by
Oefinger Rory H
Bought by
Siepietowski Brendan R and Siepietowski Kristen A
Seller's Agent
John Damon
Compass / Lila Delman Compass
Buyer's Agent
Harrison McCormick
BHHS New England Properties
List Price
$299,500
Sold Price
$293,000
Premium/Discount to List
-$6,500
-2.17%
Current Estimated Value
$465,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,734
Avg. Annual Appreciation
9.53%
Original Mortgage
$287,693
Outstanding Balance
$258,909
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$195,493

Purchase Details

Closed on
Jun 5, 2014
Sold by
Morrison Amy L and Phh Mortgage Corp
Bought by
Oefinger Rory H

Purchase Details

Closed on
Jun 18, 2001
Sold by
Liese Daniel T and Vangieri James
Bought by
Algiere Michael J and Morrison Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,131
Interest Rate
7.15%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Gager Allen F and Gager Priscilla S
Bought by
Liese Daniel T and Vangieri James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,050
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Siepietowski Brendan R $293,000 None Available
Oefinger Rory H $129,200 --
Algiere Michael J $121,500 --
Liese Daniel T $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siepietowski Brendan R $287,693
Previous Owner Liese Daniel T $117,131
Previous Owner Liese Daniel T $71,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $293,000 -2.2% $83 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $299,500 -- $85 / 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 $2,865 $274,200 $98,100 $176,100
2023 $2,786 $274,200 $98,100 $176,100
2022 $2,769 $274,200 $98,100 $176,100
2021 $2,589 $214,700 $80,800 $133,900
2020 $2,544 $214,700 $80,800 $133,900
2019 $2,521 $214,700 $80,800 $133,900
2018 $2,370 $191,900 $80,800 $111,100
2017 $2,303 $191,900 $80,800 $111,100
2016 $2,303 $191,900 $80,800 $111,100
2015 $2,301 $204,900 $82,500 $122,400
2014 $2,264 $204,900 $82,500 $122,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1263529

State-Wide MLS

APN: WEST-000036-000138