NOT LISTED FOR SALE

7 Silver Ripple Way Westerly, RI 02891

Estimated Value: $466,704 - $1,188,000

3 Beds
2 Baths
1,069 Sq Ft
$688/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $290,000 $271 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,193/month

95 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Raised Ranch Architecture
  • Water Views
  • River Access
  • Recreation Facilities

About This Home

As of August 2017

LOCATION,LOCATION,LOCATION...Enjoy a day at the beaches of Misquamicut, then come home to take in the beautiful sunset views while relaxing on the deck. Take a walk around beautiful Watch Hill, go shopping, have dinner, take a walk in Wilcox Park all located in Historic Downtown Westerly. All this just minutes away from this well maintained raised ranch. Situated on a quiet road with water views of the Pawcatuck River. Water access, launch your canoe or kayak. Great summer retreat or full time home. Make an appointment today.

Last Agent to Sell the Property

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 04/27/2017

Last Buyer's Agent

Ben Faubert

Onshore Realtors License #REC.0017150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1987

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R15

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage Room
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • River Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 7SilverRippleWYWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Additional Features

  • Yacht Club Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,829

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.319
  • Subdivision Name: YACHT CLUB
  • Above Grade Finished Sq Ft: 909.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 160.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1069.0
  • Dining Room Type: Bathroom, Bedroom, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13895.0
  • Parcel #: 7SilverRippleWYWEST
  • Zoning: R15
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2828.64
  • Tax Lot: 85
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Aug 31, 2017
Sold by
Horbal John and Horbal Elizabeth
Bought by
Lombard Richard B and Lombard Madelyn M
Seller's Agent
Brian Turano
Onshore Realtors
Buyer's Agent
Ben Faubert
Onshore Realtors
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$735,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,926
Avg. Annual Appreciation
12.20%
Original Mortgage
$223,000
Outstanding Balance
$186,520
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$549,406

Purchase Details

Closed on
Oct 15, 2010
Sold by
Brown Richard B and Brown Linda S
Bought by
Horbal John and Horbal Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,472
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lombard Richard B $290,000 --
Horbal John $253,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombard Richard B $223,000
Previous Owner Horbal John $202,450
Previous Owner Horbal John $216,472
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $290,000 -3.0% $271 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $299,000 -- $280 / 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 $3,488 $333,800 $152,400 $181,400
2023 $3,391 $333,800 $152,400 $181,400
2022 $3,371 $333,800 $152,400 $181,400
2021 $3,286 $272,500 $132,600 $139,900
2020 $3,229 $272,500 $132,600 $139,900
2019 $3,199 $272,500 $132,600 $139,900
2018 $3,074 $248,900 $132,600 $116,300
2017 $2,987 $248,900 $132,600 $116,300
2016 $2,987 $248,900 $132,600 $116,300
2015 $2,767 $246,400 $135,300 $111,100
2014 $2,364 $246,400 $135,300 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Brian Turano

    Seller's Agent in 2017

    Brian Turano

    Onshore Realtors

    (401) 741-7736

    46 in this area

    59 Total Sales

    Brian Turano
    Section Image
  • Ben Faubert

    Buyer's Agent in 2017

    Ben Faubert

    Onshore Realtors

    (401) 315-2588

    105 in this area

    113 Total Sales

    Ben Faubert
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1157761

State-Wide MLS

APN: WEST-000096-000085

Rhode Island Washington County Westerly 02891

7 Silver Ripple Way, Westerly, RI

This home is located at 7 Silver Ripple Way, Westerly, RI 02891 since 27 April 2017 and is currently estimated at $735,926, approximately $688 per square foot. This property was built in 1987. 7 Silver Ripple Way is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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