$225,000
SOLD JUL 8, 2016

8 Lima Dr Westerly, RI 02891

5 Beds
2.5 Baths
2,686 Sq Ft
0.59 Acres

Recently Sold

$84 Per Sq Ft

2% Below List Price

60 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Thermal Windows
  • Cathedral Ceiling
  • Walking Distance to Water
  • 2 Car Attached Garage

About This Home

As of June 2022

Needs major renovations, great floor plan and location. Cash or 203K buyers only please. Estate Sale subject to probate court approval.

Last Agent to Sell the Property

Dan Liese

Seaport Real Estate Services License #REB.0017069

Last Buyer's Agent

Dan Liese

Seaport Real Estate Services License #REB.0017069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1971

Lot Details

  • 0.59 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Thermal Windows

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Community Details

  • Potter Hill Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 8LIMADRWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,729

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5938
  • Subdivision Name: POTTER HILL
  • Above Grade Finished Sq Ft: 2686.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1971
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 2686.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Property Condition: Fixer

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25868.0
  • Parcel #: 8LIMADRWEST
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3729.0
  • Tax Lot: 37
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 10, 2022
Sold by
Yaffe Dennis
Bought by
Thompson Brett J and Thompson Jennifer A
Seller's Agent
Dan Liese
Seaport Real Estate Services
Buyer's Agent
Donna Valeriana
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%
Total Days on Market
60
Current Estimated Value
$825,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,606
Avg. Annual Appreciation
8.41%
Original Mortgage
$599,307
Outstanding Balance
$576,740
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$210,635

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 8, 2016
Sold by
Lima Richard A Est
Bought by
Yaffe Dennis
Seller's Agent
Dan Liese
Seaport Real Estate Services
Buyer's Agent
Dan Liese
Seaport Real Estate Services
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%

Map

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 Type Sale Price Title Company
Warranty Deed $620,000 None Available
Executors Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $599,307 FHA
Previous Owner $83,000 No Value Available
Previous Owner $86,721 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $620,000 +3.4% $206 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/15/2022 05/15/22 Price Changed $599,900 -7.7% $199 / Sq Ft
05/05/2022 05/05/22 For Sale $649,900 +188.8% $215 / Sq Ft
07/08/2016 07/08/16 Sold $225,000 -2.2% $84 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $230,000 -- $86 / 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
2024 $5,473 $557,900 $136,700 $421,200
2023 $5,367 $557,900 $136,700 $421,200
2022 $5,294 $553,800 $136,700 $417,100
2021 $3,618 $314,100 $118,800 $195,300
2020 $3,552 $314,100 $118,800 $195,300
2019 $3,518 $314,100 $118,800 $195,300
2018 $3,369 $283,600 $118,800 $164,800
2017 $3,287 $283,600 $118,800 $164,800
2016 $3,312 $283,600 $118,800 $164,800
2015 $3,729 $344,600 $121,100 $223,500
2014 $3,667 $344,600 $121,100 $223,500
Source: Public Records

Source: State-Wide MLS

MLS Number: 1122380

State-Wide MLS

APN: WEST-000008-000037