$10,000,000
SOLD FEB 17, 2021

8 Bluff Ave Westerly, RI 02891

5 Beds
8 Baths
5,714 Sq Ft
1.37 Acres

Recently Sold

$1,750 Per Sq Ft

1% Above List Price

99 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Wood Flooring
  • Beach Access
  • 1.37 Acre Lot
  • 1 Fireplace

About This Home

As of February 2021

Imagine owning this 5 bedroom house on highly desirable Bluff Avenue but discreetly tucked away with a unrivaled proximity to the East Beach with views of the Atlantic Ocean and Block Island. Main Floor; bright sun filled living room, dining room, cozy paneled den with fireplace, kitchen and screened porch, 1/2 bath. 2nd floor; Master bedroom with his and hers bathrooms, 2 guest bedrooms with private baths, sitting room and outside porch, Beach level; 2 bedrooms, 2 baths and laundry. Porches and decks on all levels. Few if any houses in Watch Hill have this combination of private access to the beach and steps away from the waters edge. All this within an easy walk to Village of Watch Hill.

Last Agent to Sell the Property

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 10/10/2020

Last Buyer's Agent

Olga Goff

Olga B. Goff Real Estate License #REB.0014670 Listed on: 10/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,150

Year Built

  • Built in 1983

Lot Details

  • 1.37 Acre Lot
  • Ocean Front
  • Property is zoned R43

Parking

  • 3 Car Detached Garage

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Finished Basement

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 8BLUFFAVWEST

Community Details

Overview

  • Watch Hill Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,150

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.37
  • Subdivision Name: Watch Hill
  • Above Grade Finished Sq Ft: 3724.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1990.0
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 5714.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Access, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Wood Siding, Shingle Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 59677.0
  • Parcel #: 8BLUFFAVWEST
  • Zoning: R43
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 69150.0
  • Tax Lot: 15
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Feb 12, 2021
Sold by
Susan L Hollenbeck Ret and Hollenbeck
Bought by
Eight Bluff Avenue Llc
Seller's Agent
Olga Goff
Olga B. Goff Real Estate
Buyer's Agent
Olga Goff
Olga B. Goff Real Estate
List Price
$9,950,000
Sold Price
$10,000,000
Premium/Discount to List
$50,000
0.5%
Current Estimated Value
$8,971,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,028,651

Purchase Details

Closed on
Aug 28, 2020
Sold by
Lattner-Lloyd Susan
Bought by
Susan Lattner Lloyd Ret and Lattner-Lloyd
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $10,000,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $10,000,000 +0.5% $1,750 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
10/10/2020 10/10/20 For Sale $9,950,000 -- $1,741 / 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 $109,832 $11,195,900 $9,669,500 $1,526,400
2023 $104,265 $10,838,400 $9,669,500 $1,168,900
2022 $96,357 $10,079,200 $9,669,500 $409,700
2021 $70,434 $6,114,100 $5,479,200 $634,900
2020 $69,150 $6,114,100 $5,479,200 $634,900
2019 $68,478 $6,114,100 $5,479,200 $634,900
2018 $70,751 $5,955,500 $5,479,200 $476,300
2017 $69,024 $5,955,500 $5,479,200 $476,300
2016 $69,560 $5,955,500 $5,479,200 $476,300
2015 $60,355 $5,578,100 $5,085,800 $492,300
2014 $59,351 $5,578,100 $5,085,800 $492,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1267049

State-Wide MLS

APN: WEST-000185-000015