NOT LISTED FOR SALE

72 Oak St Westerly, RI 02891

Estimated Value: $495,061 - $535,000

7 Beds
3 Baths
6,259 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $390,000 $62 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,942/month

124 Days on Market

Highlights

  • Marina
  • Wood Burning Stove
  • Attic
  • Golf Course Community
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of February 2022

One of a kind two-family house now on the market. This side by side house sits on a corner lot with plenty of off-street parking and a 2 car garage. Side B is a full house with 3 or 4 bedrooms 2 full baths, fireplace in the open kitchen living area. The basement includes a huge bonus /family room with another fireplace, a bar and features a walkout to the lovely backyard.

Side A is the front of the house and it offers 3 bedrooms, a generous kitchen/dining room, a living room, a walk-up attic with great potential for additional living space or just storage, and a lovely covered front porch. Walk to schools, restaurants, Downtown Westerly, Wilcox Park and so much more. This location is a short ride to our beautiful beaches, the Village of Watch Hill, and has easy access to the interstate.

Last Agent to Sell the Property

Nancy Siciliano

Ocean Front Homes License #REB.0017018 Listed on: 09/06/2021

Last Buyer's Agent

John Fusaro

Coldwell Banker Coastal Homes License #RES.0029424

Coldwell Banker Coastal Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 6,259 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Utility Room
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 72OAKSTWEST

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Oak Street Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,676

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Subdivision Name: Oak street
  • Above Grade Finished Sq Ft: 6259.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Other, Vinyl
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs, Tub Shower, Cable TV, Wood Burning Stove
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Masonry
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 72OAKSTWEST
  • Zoning: NB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 2676.29
  • Tax Lot: 177
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Feb 4, 2022
Sold by
Celico Francesco and Celico Giosina
Bought by
Payoute Myontho and Iannella-Payoute Clara
Seller's Agent
Nancy Siciliano
Ocean Front Homes
Buyer's Agent
John Fusaro
Coldwell Banker Coastal Homes
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$508,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,765
Avg. Annual Appreciation
7.05%
Original Mortgage
$404,040
Outstanding Balance
$373,999
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
$134,766

Purchase Details

Closed on
Mar 31, 1981
Bought by
Celico Francesco
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Payoute Myontho $390,000 None Available
Celico Francesco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payoute Myontho $404,040
Previous Owner Celico Francesco $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2022 02/08/22 Sold $390,000 -2.5% $62 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
09/06/2021 09/06/21 For Sale $400,000 -- $64 / 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 $3,404 $437,500 $137,300 $300,200
2024 $3,326 $318,300 $98,200 $220,100
2023 $3,234 $318,300 $98,200 $220,100
2022 $3,215 $318,300 $98,200 $220,100
2021 $2,676 $221,900 $85,400 $136,500
2020 $2,630 $221,900 $85,400 $136,500
2019 $2,605 $221,900 $85,400 $136,500
2018 $2,539 $205,600 $85,400 $120,200
2017 $2,467 $205,600 $85,400 $120,200
2016 $2,467 $205,600 $85,400 $120,200
2015 $2,316 $206,200 $82,600 $123,600
2014 $2,279 $206,200 $82,600 $123,600
Source: Public Records

Agents Affiliated with this Home

  • Nancy Siciliano

    Seller's Agent in 2022

    Nancy Siciliano

    Ocean Front Homes

    (401) 234-0359

    22 in this area

    31 Total Sales

    Nancy Siciliano
    Section Image
  • John Fusaro

    Buyer's Agent in 2022

    John Fusaro

    Coldwell Banker Coastal Homes

    (401) 714-2398

    32 in this area

    45 Total Sales

    John Fusaro
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1292859

State-Wide MLS

APN: WEST-000047-000177

Rhode Island Washington County Westerly 02891

72 Oak St, Westerly, RI

Not Listed for Sale

MultiFamily

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