73 Pierce St Westerly, RI 02891
Estimated Value: $418,000 - $473,000
7
Beds
3
Baths
3,989
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Attic
- Golf Course Community
- Wood Flooring
- Corner Lot
About This Home
As of January 2020Completely Maintenance Free... Everything from Heating Systems to Electrical ,Plumbing, windows and Roof have been redone. The first Floor has Two Bedrooms, The second floor have 3 bedrooms and the third has two bedrooms. Kitchen, living room and bathroom, hardwood floors, laminate and carpet fully renovated and maintenance free. All apartments have separate utilities. First, Second and third floor has gas heat. Located on a nice size lot .14 acre. Great off street parking with partially fenced yard and tree lined driveway . Note: ROI with increased rents and updated is about 10.0% rate of return on equity. Great owner occupied or investment. Turn of the century 3 family. Tenant pays heat and electric. Beautiful hardwoods moldings, casements, built-ins, and pocket doors. This is an Old Westerly Classic! Come take a look. Great investment opportunity. THIS THIS PROPERTY IS IN THE RHODE ISLAND OPPORTUNITY ZONE FOR POTENTIAL CAPITAL GAINS DEFERRAL. Please provide proof of funds or preapproval
Last Agent to Sell the Property
Town & Shore Realty License #REB.0018903 Listed on: 10/16/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,200
Year Built
- Built in 1920
Lot Details
- 6,000 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Wood Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,989 Sq Ft Home
- 3-Story Property
- Laundry in unit
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Parking
- 10 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Deck
- Patio
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 68
- Assessor Parcel Number 73PIERCESTWEST
Community Details
Recreation
- Marina
- Golf Course Community
Additional Features
- 3 Units
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2019
Closed on
Feb 25, 2020
Sold by
Chernick Andrew J and Chernick Melissa R
Bought by
61 Pierce St Props Llc
Seller's Agent
Lisa Raiche
Town & Shore Realty
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$334,000
Sold Price
$300,000
Premium/Discount to List
-$34,000
-10.18%
Total Days on Market
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,882
Avg. Annual Appreciation
8.32%
Original Mortgage
$225,000
Outstanding Balance
$204,137
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,585
Purchase Details
Listed on
Oct 16, 2019
Closed on
Jan 31, 2020
Sold by
Saint Robert B and Saint Linda
Bought by
Chernick Andrew J and Chernick Melissa R
Seller's Agent
Lisa Raiche
Town & Shore Realty
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$334,000
Sold Price
$300,000
Premium/Discount to List
-$34,000
-10.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$204,137
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,585
Purchase Details
Closed on
Sep 14, 2004
Sold by
Community Hsg Corp
Bought by
Saint Robert and Saint Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 1988
Sold by
Hazlin Kenneth W
Bought by
Lebejko Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
10.28%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 61 Pierce St Props Llc | -- | None Available | |
| Chernick Andrew J | $300,000 | None Available | |
| Saint Robert | $135,000 | -- | |
| Lebejko Peter | $131,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chernick Andrew J | $225,000 | |
| Previous Owner | Lebejko Peter | $238,000 | |
| Previous Owner | Lebejko Peter | $101,250 | |
| Previous Owner | Lebejko Peter | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $300,000 | -10.2% | $75 / Sq Ft |
| 01/01/2020 01/01/20 | Pending | -- | -- | -- |
| 10/16/2019 10/16/19 | For Sale | $334,000 | -- | $84 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,142 | $300,700 | $59,600 | $241,100 |
| 2023 | $3,055 | $300,700 | $59,600 | $241,100 |
| 2022 | $3,037 | $300,700 | $59,600 | $241,100 |
| 2021 | $2,810 | $233,000 | $51,900 | $181,100 |
| 2020 | $2,761 | $233,000 | $51,900 | $181,100 |
| 2019 | $2,347 | $199,900 | $51,900 | $148,000 |
| 2018 | $2,227 | $180,300 | $51,900 | $128,400 |
| 2017 | $2,164 | $180,300 | $51,900 | $128,400 |
| 2016 | $2,164 | $180,300 | $51,900 | $128,400 |
| 2015 | $2,183 | $194,400 | $62,500 | $131,900 |
| 2014 | $2,148 | $194,400 | $62,500 | $131,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Raiche
L
Seller's Agent in 2020
Lisa Raiche
Town & Shore Realty
(401) 742-4012
46 in this area
58 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1238809
APN: WEST-000046-000068
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