NOT LISTED FOR SALE

8 Lorraine Rd Westerly, RI 02891

Estimated Value: $461,000 - $494,818

3 Beds
2 Baths
1,880 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $329,900 $175 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,827/month

18 Days on Market

Highlights

  • Marina
  • Raised Ranch Architecture
  • Corner Lot
  • Golf Course Community
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of July 2021

Welcome 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

Sandy Bliven

RE/MAX South County License #RES.0031703 Listed on: 05/13/2021

RE/MAX South County

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2778
  • Subdivision Name: Upper High Street and Potter Hill
  • Above Grade Finished Sq Ft: 1256.0
  • Architectural Style: Raised Ranch, Split-Level
  • Garage Yn: No
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • 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: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 624.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1880.0
  • Dining Room Type: Bathroom, Bedroom, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12100.0
  • Parcel #: 8LORRAINERDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2800.0
  • Tax Lot: 113
  • Tax Year: 2021

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
Current Estimated Value
$484,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,555
Avg. Annual Appreciation
10.19%
Original Mortgage
$263,920
Outstanding Balance
$242,047
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,304

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%
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
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

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 $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

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Map

Source: State-Wide MLS

MLS Number: 1282366

State-Wide MLS

APN: WEST-000026-000113