NOT LISTED FOR SALE

8 Marriott Ave Westerly, RI 02891

Estimated Value: $444,152 - $535,000

6 Beds
3 Baths
6,003 Sq Ft
$83/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $308,750 $51 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,922/month

40 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room
  • Tennis Courts
  • Bathtub with Shower
  • Storage Room

About This Home

As of November 2020

*Investor's rare opportunity to own a three family home located close to downtown Westerly. Live in one unit or collect rent for all three. Additional income from the two car detached garage, large basement with separate laundry for each unit. Vinyl sided for low maintenance, some newer upgrades, city water and sewer. Close to train station, highway, restaurants, beaches, and all amenities.

Last Agent to Sell the Property

Celeste Santilli

BHHS New England Properties License #RES.0041174 Listed on: 09/10/2020

BHHS New England Properties

Last Buyer's Agent

Bruce Loeckler

BHHS New England Properties License #RES.0044404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1920

Lot Details

  • 7,318

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 6,003 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 8MARRIOTTAVWEST

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Additional Features

  • 3 Units
  • Operating Expense $25,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: 0035
  • Above Grade Finished Sq Ft: 6003.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Trash Compactor
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Parcel #: 8MARRIOTTAVWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 25896.0

Tax Info

  • Tax Annual Amount: 3277.0
  • Tax Lot: 124
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 19, 2020
Sold by
Maclean Corey
Bought by
Vuong Linda M
Seller's Agent
Celeste Santilli
BHHS New England Properties
Buyer's Agent
Bruce Loeckler
BHHS New England Properties
List Price
$300,000
Sold Price
$308,750
Premium/Discount to List
$8,750
2.92%
Current Estimated Value
$495,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,038
Avg. Annual Appreciation
9.21%
Original Mortgage
$298,444
Outstanding Balance
$269,183
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$204,102

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jan 6, 2017
Sold by
Gallo Benito and Gallo Assunta
Bought by
Maclean Corey
Seller's Agent
Nancy Siciliano
Ocean Front Homes
Buyer's Agent
Michaela Lamb
Sold By Michaela LLC
List Price
$269,900
Sold Price
$262,000
Premium/Discount to List
-$7,900
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$267,633
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 1979
Bought by
Gallo Benito A
Source: Public Records

Range of Values:

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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
Vuong Linda M $308,750 None Available
Maclean Corey $262,000 --
Gallo Benito A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuong Linda M $298,444
Previous Owner Maclean Corey $267,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $308,750 +2.9% $51 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $300,000 0.0% $50 / Sq Ft
01/07/2019 01/07/19 For Rent $1,200 0.0% --
01/07/2019 01/07/19 Rented $1,200 0.0% --
01/06/2017 01/06/17 Sold $262,000 -2.9% $44 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $269,900 -- $45 / 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 $3,517 $336,600 $103,300 $233,300
2023 $3,303 $325,100 $103,300 $221,800
2022 $3,283 $325,000 $103,300 $221,700
2021 $3,366 $279,100 $89,900 $189,200
2020 $3,307 $279,100 $89,900 $189,200
2019 $3,277 $279,100 $89,900 $189,200
2018 $3,041 $246,200 $89,900 $156,300
2017 $2,954 $246,200 $89,900 $156,300
2016 $2,954 $246,200 $89,900 $156,300
2015 $2,804 $249,700 $86,900 $162,800
2014 $2,759 $249,700 $86,900 $162,800
Source: Public Records

Agents Affiliated with this Home

  • Celeste Santilli

    Seller's Agent in 2020

    Celeste Santilli

    BHHS New England Properties

    (401) 261-4313

    10 in this area

    15 Total Sales

    Celeste Santilli
    Section Image

  • B

    Buyer's Agent in 2020

    Bruce Loeckler

    BHHS New England Properties

  • Nancy Siciliano

    Seller's Agent in 2017

    Nancy Siciliano

    Ocean Front Homes

    (401) 234-0359

    20 in this area

    31 Total Sales

    Nancy Siciliano
    Section Image
  • Michaela Lamb

    Buyer's Agent in 2017

    Michaela Lamb

    Sold By Michaela LLC

    (401) 935-3390

    67 in this area

    205 Total Sales

    Michaela Lamb
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1264106

State-Wide MLS

APN: WEST-000046-000124

Rhode Island Washington County Westerly 02891

8 Marriott Ave, Westerly, RI

This home is located at 8 Marriott Ave, Westerly, RI 02891 since 10 September 2020 and is currently estimated at $495,788, approximately $82 per square foot. This property was built in 1920. 8 Marriott Ave is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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