NOT LISTED FOR SALE

8 India Point Westerly, RI 02891

Estimated Value: $4,719,239 - $7,034,000

4 Beds
2.5 Baths
4,200 Sq Ft
$1,463/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $3,600,000 $857 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $36,071/month

Highlights

  • Marina
  • River Access
  • Waterfront
  • Golf Course Community
  • Spa
  • 4 Acre Lot

About This Home

As of May 2017

This home is located at 8 India Point, Westerly, RI 02891 since 01 May 2017 and is currently estimated at $6,146,560, approximately $1,463 per square foot. This property was built in 1970. 8 India Point is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Last Agent to Sell the Property

Serene O'Connor

Residential Properties Ltd. License #REB.0014387 Listed on: 05/01/2017

Residential Properties Ltd.

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,594

Year Built

  • Built in 1970

Lot Details

  • 4 Acre Lot
  • Waterfront
  • Private Lot
  • Secluded Lot
  • Property is zoned MDL-01

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Zero Clearance Fireplace
  • Fireplace Features Masonry
  • Water Views
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Spa
  • River Access
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 8INDIAPOINTRDWEST

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Avondale Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,594

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.9985
  • Subdivision Name: AVONDALE
  • Above Grade Finished Sq Ft: 4200.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Zero Clearance
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cedar Closet(s)
  • Living Area: 4200.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, River Access, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 14.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 174176.0
  • Parcel #: 8INDIAPOINTRDWEST
  • Zoning: MDL-01
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24594.0
  • Tax Lot: 10
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 1, 2017
Sold by
Haronian Howard L and Cummings Alexander
Bought by
8 India Point Llc
Seller's Agent
Serene O'Connor
Residential Properties Ltd.
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$3,795,000
Sold Price
$3,600,000
Premium/Discount to List
-$195,000
-5.14%
Current Estimated Value
$6,146,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,546,560
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Dec 23, 2015
Sold by
3 Rock Ridge Llc
Bought by
Haronian Howard L and Cummings Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1994
Sold by
Pennington Anne
Bought by
Urso Natale L and Urso Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
8 India Point Llc $3,600,000 --
8 India Point Llc $3,600,000 --
8 India Point Llc $3,600,000 --
8 India Point Llc $3,600,000 --
Haronian Howard L $3,600,000 --
Haronian Howard L $3,600,000 --
Urso Natale L $208,000 --
Urso Natale L $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haronian Howard L $1,030,000
Previous Owner Urso Natale L $935,000
Previous Owner Urso Natale L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $3,600,000 -5.1% $857 / Sq Ft
05/01/2017 05/01/17 For Sale $3,795,000 -- $904 / 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 $43,345 $6,096,300 $4,117,800 $1,978,500
2024 $38,694 $3,944,300 $2,760,000 $1,184,300
2023 $37,695 $3,918,400 $2,760,000 $1,158,400
2022 $37,460 $3,918,400 $2,760,000 $1,158,400
2021 $32,838 $2,850,500 $1,620,300 $1,230,200
2020 $32,239 $2,850,500 $1,620,300 $1,230,200
2019 $31,926 $2,850,500 $1,620,300 $1,230,200
2018 $27,747 $2,335,600 $1,404,900 $930,700
2017 $27,070 $2,335,600 $1,404,900 $930,700
2016 $27,280 $2,335,600 $1,404,900 $930,700
2015 $20,613 $1,905,100 $1,429,800 $475,300
2014 $20,270 $1,905,100 $1,429,800 $475,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Serene O'Connor

    Residential Properties Ltd.

    (860) 857-6101

    7 in this area

    11 Total Sales

    Serene O'Connor
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1158013

State-Wide MLS

APN: WEST-000137-000010

Rhode Island Washington County Westerly 02891

8 India Point, Westerly, RI

Not Listed for Sale

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