$391,000
SOLD SEP 15, 2017

7 Cadbury Ln Westerly, RI 02891

2 Beds
2 Baths
1,112 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$352 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Shops
  • Golf Course Community
  • Public Transportation
  • Property near a hospital

About This Home

As of September 2017

Just a short .5 mile walk to pristine Misquamicut Fire District beaches. This adorable two bedroom and two bath cottage is ready for you to start making wonderful vacation memories. The added great room and private back yard is great for entertaining. Flood Insurance not required.

Last Agent to Sell the Property

Dottie Nigrelli

Residential Properties Ltd. License #REB.0015862 Listed on: 08/05/2017

Residential Properties Ltd.

Last Buyer's Agent

Anthony Lemme

Weichert Realtors-Cress & Co. License #RES.0033531

Weichert Realtors-Cress & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1955

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cesspool

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 7CADBURYLANEWEST

Community Details

Overview

  • Misquamicut Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1377
  • Subdivision Name: MISQUAMICUT
  • Above Grade Finished Sq Ft: 1112.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1112.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6000.0
  • Parcel #: 7CADBURYLANEWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Lot: 78
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Sep 15, 2017
Sold by
David F Magri Ret
Bought by
Reid Douglas and Reid Elaine
Seller's Agent
Dottie Nigrelli
Residential Properties Ltd.
Buyer's Agent
Anthony Lemme
Weichert Realtors-Cress & Co.
List Price
$399,000
Sold Price
$391,000
Premium/Discount to List
-$8,000
-2.01%
Current Estimated Value
$743,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,513
Avg. Annual Appreciation
9.16%
Original Mortgage
$312,800
Outstanding Balance
$264,513
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$514,304

Purchase Details

Closed on
Feb 21, 2017
Sold by
Magri David F and Magri Nancy H
Bought by
David F Magri Ret

Purchase Details

Closed on
Mar 7, 2011
Sold by
Magno Cathryn S
Bought by
Magri David F and Magri Nancy H
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 Type Sale Price Title Company
Deed $391,000 --
Warranty Deed -- --
Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 For Rent $1,000 0.0% --
08/23/2018 08/23/18 Rented $1,000 0.0% --
09/15/2017 09/15/17 Sold $391,000 -2.0% $352 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $399,000 -- $359 / 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 $5,159 $525,900 $393,600 $132,300
2023 $5,059 $525,900 $393,600 $132,300
2022 $5,028 $525,900 $393,600 $132,300
2021 $4,440 $385,400 $285,300 $100,100
2020 $4,359 $385,400 $285,300 $100,100
2019 $4,316 $385,400 $285,300 $100,100
2018 $3,556 $299,300 $235,800 $63,500
2017 $3,469 $299,300 $235,800 $63,500
2016 $3,496 $299,300 $235,800 $63,500
2015 $3,313 $306,200 $240,600 $65,600
2014 $3,258 $306,200 $240,600 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1169688

State-Wide MLS

APN: WEST-000164-000078