NOT LISTED FOR SALE

78 Pierce St Unit 80 Westerly, RI 02891

Estimated Value: $480,000 - $609,000

10 Beds
4 Baths
6,032 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2025

Last sale price $456,000 $76 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,130 / mo

23 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Shops
  • Golf Course Community
  • Public Transportation
  • Property near a hospital

About This Home

As of January 2025

Attention investors, check out this awesome investment opportunity at 78-80 Pierce St in an OPPORTUNITY ZONE with possible tax deferment on eligible capital gains in Westerly! You've got two duplexes on one lot, making it a total of four units. It's perfect for anyone looking to dive into real estate or live in one unit and rent out the others. Located in a great spot, you're close to everything Westerly has to offer. Each unit has tenants in place. Being sold "AS IS, WHERE IS" With a solid rental history and room for growth, this property is a no-brainer for anyone looking to expand their portfolio. Don't miss out on this chance to own a versatile, income-generating property in a fantastic community. Come see it today and imagine the possibilities at 78-80 Pierce St!

Last Agent to Sell the Property

Richard Wucik

Compass License #RES.0040660 Listed on: 10/28/2024

Compass

Last Buyer's Agent

Adam Gonzalez

Century 21 Envoy License #RES.0048616

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1920

Lot Details

  • 5,663

Home Design

  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 6,032 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 5,663 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 7880PIERCESTWEST

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Building Details

  • Operating Expense $7,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 1920

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Above Grade Finished Sq Ft: 6032.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Combination, Stone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 7880PIERCESTWEST
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 7400.0

Tax Info

  • Tax Annual Amount: 2406.0
  • Tax Lot: 105
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 21, 2024
Sold by
Saltwater Pro Llc
Bought by
Aguilar Olga M and Cruz Carlos
Seller's Agent
Richard Wucik
Compass
Buyer's Agent
Adam Gonzalez
Century 21 Envoy
List Price
$449,000
Sold Price
$456,000
Premium/Discount to List
$7,000
1.56%
Views
67
Current Estimated Value
$538,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,670
Avg. Annual Appreciation
13.45%

Purchase Details

Listed on
Jul 6, 2021
Closed on
Oct 8, 2021
Sold by
Nicol Marc
Bought by
Walmsley Laura
Seller's Agent
Sally Cuda
Compass
Buyer's Agent
Julie Quigley-smith
Mott & Chace Sotheby's Intl.
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$217,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1996
Sold by
Medeiros Edmundo A and Medeiros Stella
Bought by
Nicol Marc
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Aguilar Olga M $456,000 None Available
Aguilar Olga M $456,000 None Available
Walmsley Laura $290,000 None Available
Walmsley Laura $290,000 None Available
Walmsley Laura $290,000 None Available
Nicol Marc $98,000 --
Nicol Marc $98,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Walmsley Laura $217,500
Previous Owner Nicol Marc $135,000
Previous Owner Nicol Marc $92,000
Previous Owner Nicol Marc $88,706
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Sold $456,000 +1.6% $76 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $449,000 +54.8% $74 / Sq Ft
10/08/2021 10/08/21 Sold $290,000 0.0% $48 / Sq Ft View Prior Sale
09/08/2021 09/08/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $290,000 -- $48 / Sq Ft
Source: State-Wide MLS

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 $3,082 $396,100 $74,300 $321,800
2024 $2,407 $230,300 $53,100 $177,200
2023 $2,340 $230,300 $53,100 $177,200
2022 $2,326 $230,300 $53,100 $177,200
2021 $2,469 $204,700 $46,200 $158,500
2020 $2,426 $204,700 $46,200 $158,500
2019 $2,403 $204,700 $46,200 $158,500
2018 $2,333 $188,900 $46,200 $142,700
2017 $2,267 $188,900 $46,200 $142,700
2016 $2,267 $188,900 $46,200 $142,700
2015 $2,273 $202,400 $55,700 $146,700
2014 $2,237 $202,400 $55,700 $146,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1371796

State-Wide MLS

APN: WEST-000046-000105

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