8 Lorraine Rd Westerly, RI 02891
Estimated Value: $479,828 - $550,000
3
Beds
2
Baths
1,880
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Marina
- Raised Ranch Architecture
- Corner Lot
- Golf Course Community
- Wood Flooring
- Cul-De-Sac
About This Home
As of July 2021Welcome to 8 Lorraine Road, Westerly, RI This is a cream puff split level. Close to historic downtown, beaches, I-95, & Rt 78, 12 YR old oil heating system, finished lower level, kitchen with slider to a deck, patio, and a big fenced yard. 3BR, 2 bath, all hardwoods. Located on a cul de sac. Well maintained with tender loving care. This is a corner lot and plenty of room for BBQ's, Badminton, horseshoes and more. Not ready for move in until June 30, 2021. Call for private showing. Sewer is connected / Sewage Pump, Macerator/Grinder / Power to it is in the basement. The pump in underground in the front yard
Last Agent to Sell the Property
RE/MAX South County License #RES.0031703 Listed on: 05/13/2021
Last Buyer's Agent
Clark Farley
Randall Realtors Real Living
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,800
Year Built
- Built in 1987
Lot Details
- 0.28 Acre Lot
- Cul-De-Sac
- Corner Lot
Home Design
- Raised Ranch Architecture
- Split Level Home
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Utility Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Oil Water Heater
- Cable TV Available
Additional Features
- Outdoor Grill
- Property near a hospital
Listing and Financial Details
- Tax Lot 113
- Assessor Parcel Number 8LORRAINERDWEST
Community Details
Overview
- Upper High Street And Potter Hill Subdivision
Recreation
- Marina
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2021
Closed on
Jul 1, 2021
Sold by
Hayes Mary
Bought by
Joy Timothy R
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Clark Farley
Randall Realtors Real Living
List Price
$329,900
Sold Price
$329,900
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,307
Avg. Annual Appreciation
11.48%
Original Mortgage
$263,920
Outstanding Balance
$242,047
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,160
Purchase Details
Closed on
Jul 16, 2009
Sold by
Parker Jason and Parker Jennifer
Bought by
Hayes Mary
Purchase Details
Closed on
Jun 24, 2004
Sold by
Cass Dean and Cass Jessica
Bought by
Parker Jason and Parker Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 1999
Sold by
Paoloni Justin A and Paoloni Merilee J
Bought by
Oconnor Patrick J and Oconnor Stacey A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,300
Interest Rate
6.88%
Similar Homes in Westerly, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joy Timothy R | $329,900 | None Available | |
| Hayes Mary | $242,500 | -- | |
| Parker Jason | $231,500 | -- | |
| Oconnor Patrick J | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joy Timothy R | $263,920 | |
| Previous Owner | Oconnor Patrick J | $208,250 | |
| Previous Owner | Oconnor Patrick J | $132,250 | |
| Previous Owner | Oconnor Patrick J | $30,000 | |
| Previous Owner | Oconnor Patrick J | $119,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $329,900 | 0.0% | $175 / Sq Ft |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $329,900 | -- | $175 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,219 | $308,000 | $108,000 | $200,000 |
| 2023 | $3,129 | $308,000 | $108,000 | $200,000 |
| 2022 | $3,111 | $308,000 | $108,000 | $200,000 |
| 2021 | $2,581 | $214,000 | $93,900 | $120,100 |
| 2020 | $2,536 | $214,000 | $93,900 | $120,100 |
| 2019 | $2,512 | $214,000 | $93,900 | $120,100 |
| 2018 | $2,487 | $201,400 | $93,900 | $107,500 |
| 2017 | $2,417 | $201,400 | $93,900 | $107,500 |
| 2016 | $2,417 | $201,400 | $93,900 | $107,500 |
| 2015 | $2,445 | $217,700 | $95,900 | $121,800 |
| 2014 | $2,406 | $217,700 | $95,900 | $121,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Bliven
Seller's Agent in 2021
Sandy Bliven
RE/MAX South County
(401) 714-6359
102 in this area
196 Total Sales
-
C
Buyer's Agent in 2021
Clark Farley
Randall Realtors Real Living
Map
Source: State-Wide MLS
MLS Number: 1282366
APN: WEST-000026-000113
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