NOT LISTED FOR SALE

8 Chin Hill Rd Westerly, RI 02891

Estimated Value: $1,149,000 - $1,238,162

0.54 Acre
$2,197,298 Price per Acre
23,522 Sq Ft Lot

Last Sold March 19, 2018

Last sale price $150,000

Est. 653% increase in value since last sale

Current estimated payment $6,856/month

331 Days on Market

Highlights

  • Marina
  • Wooded Lot
  • Shops
  • Golf Course Community
  • Tennis Courts
  • Property near a hospital

About This Lot

As of March 2018

Located in the prestigious neighborhood of Chin Hills a short distance to Watch Hill & Misqaumicut beaches. This is a very desirable lot on a street with established luxury homes. Lot is 87 ft above Sea Level, slight slope to Northwest. Includes a 5 BR ISDS! Survey, footprint etc attached with listing. Will build to suit, our builder or yours!! Only 7 minutes to the beach and all the beach amenities.

Last Agent to Sell the Property

Sandy Bliven

RE/MAX South County License #RES.0031703 Listed on: 03/22/2017

RE/MAX South County

Last Buyer's Agent

Sandy Bliven

RE/MAX South County License #RES.0031703 Listed on: 03/22/2017

RE/MAX South County

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,457

Lot Details

  • 0.54 Acre Lot
  • Wooded Lot
  • Finished Lot(s)

Location

  • Property near a hospital

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12/A
  • Assessor Parcel Number 8CHINHILLRDWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Shore Rd & Watch Hill Rd Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$1,457

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.54
  • Road Frontage Type: City Street
  • Subdivision Name: SHORE RD & WATCH HILL RD
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Wooded

Utilities

  • Utilities: Cable Available, Phone Available
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Shopping, Tennis Court(s), Street Lights

Lot Info

  • Current Use: Residential
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 23711.0
  • Wooded Area: 90.0
  • Parcel #: 8CHINHILLRDWEST
  • Zoning Description: Residential
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1457.0
  • Tax Lot: 12/A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Mar 19, 2018
Sold by
Gotsch Thomas L and Gotsch Audrey R
Bought by
Noyes Brian M and Noyes Barbara J
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Current Estimated Value
$1,129,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,308
Avg. Annual Appreciation
31.28%
Original Mortgage
$120,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2016
Sold by
Ocean Zephyr Llc
Bought by
Gotsch Thomas L and Gotsch Audrey R

Purchase Details

Closed on
Aug 1, 2011
Sold by
Washington T Co
Bought by
Ocean Zephyr Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Noyes Brian M $150,000 --
Gotsch Thomas L -- --
Ocean Zephyr Llc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noyes Brian M $340,000
Closed Noyes Brian M $480,000
Closed Noyes Brian B $50,000
Closed Noyes Brian M $484,350
Closed Noyes Barbra J $528,000
Closed Noyes Brian M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $150,000 -25.0% --
02/17/2018 02/17/18 Pending -- -- --
03/22/2017 03/22/17 For Sale $199,900 -- --
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 $7,430 $757,400 $200,300 $557,100
2023 $7,286 $757,400 $200,300 $557,100
2022 $7,241 $757,400 $200,300 $557,100
2021 $6,880 $597,200 $174,100 $423,100
2020 $6,591 $582,800 $174,100 $408,700
2019 $1,611 $143,800 $143,800 $0
2018 $1,529 $128,700 $128,700 $0
2017 $1,492 $128,700 $128,700 $0
2016 $1,503 $128,700 $128,700 $0
2015 $1,420 $131,200 $131,200 $0
2014 $1,396 $131,200 $131,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1154623

State-Wide MLS

APN: WEST-000138-000012A