NOT LISTED FOR SALE

8 Meadow Ave Westerly, RI 02891

Estimated Value: $2,064,501 - $2,680,000

3 Beds
2.5 Baths
1,638 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $2,000,000 $1,221 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $14,767/month

7 Days on Market

Highlights

  • Beach Access
  • Partially Wooded Lot
  • No HOA
  • Deck
  • 1 Fireplace
  • Cottage

About This Home

As of January 2023

Weekapaug is a treasured destination at the end of Quonochontaug Pond. It has a vibrant resort like feel – beaches for swimming, quiet lanes for walking & biking, tennis courts for paddle enthusiasts, yacht club for boaters, a gracious inn for entertaining and more. D.S. Rowe called it “a haven for body & soul” in her book “At the End of the Pond”. 8 Meadow Avenue is your opportunity to come write your own chapter in the story of Weekapaug. This home was designed and built as a reverse living home. The Main living areas of Kitchen, Living Room, and Dining Area, plus the Primary bedroom and 1.5 baths are on the second floor. A deck off the Living Room may once have had a distant view. Today, it has a wonderful treehouse feel tucked in a large evergreen. The ground floor has two additional bedrooms, one bath, and a laundry room. Enter the home from the welcoming front porch and discover a cozy foyer. Imagine the built ins here full of games, beach towels or books. The grounds are sizeable for a Weekapaug lot at 0.83 acres. The land is flat, park-like and ideal for the gardener. Conveying in its present condition, ready for your updates and style, 8 Meadow Avenue could be your chance to own a year-round spot in beautiful Westerly, RI and enjoy all that your neighborhood and town offer.

Last Listed By

Desa Buffum

Mott & Chace Sotheby's Intl Rt License #REB.0788801 Listed on: 11/12/2022

Mott & Chace Sotheby's Intl Rt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,950

Year Built

  • Built in 1952

Lot Details

  • 0.83 Acre Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned R30

Home Design

  • Cottage
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Westerly High School

Utilities

  • Air Source Heat Pump
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,950

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Neighborhood: Weekapaug
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1638
  • Total Sq Ft: 1638
  • Year Built: 1952
  • Nearby Amenities: Golf Course, Private Rec Facilities, Private School(s), Public Rec Facilities, Putting Green, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Follow Route 1A to Noyes Neck Road, go left on Williams Avenue, go right on Meadow Avenue. House is number 8 on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Interior Access
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: First Floor laundry
  • Attic: No
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Water Community, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Circular, Paved
  • Total Parking Spaces: 10

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Westerly

Lot Info

  • Acres: 0.8300
  • Lot Description: Open Lot, Dry, Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R30

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 16950
  • Total Assessed Value: 1462800
  • Mil Rate Total: 11.520
  • Assessor Parcel Number: 999999999

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Westerly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Jan 6, 2023
Sold by
Heminway James B
Bought by
Feirstein David B and Feirstein Erin
Seller's Agent
Desa Buffum
Mott & Chace Sotheby's Intl Rt
Buyer's Agent
Chris Randall
Mott & Chace Sotheby's Intl Rt
List Price
$1,950,000
Sold Price
$2,000,000
Premium/Discount to List
$50,000
2.56%
Total Days on Market
7
Views
49
Current Estimated Value
$2,433,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,125
Avg. Annual Appreciation
8.86%
Original Mortgage
$1,799,799
Outstanding Balance
$1,751,143
Interest Rate
6.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$681,982

Purchase Details

Closed on
Aug 2, 2010
Sold by
Heminway Henry Langdon and Heminway Owen Smith
Bought by
Heminway James Barton

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
Feirstein David B $2,000,000 None Available
Feirstein David B $2,000,000 None Available
Heminway James Barton -- --
Heminway James Barton -- --
Heminway James Barton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feirstein David B $1,799,799
Closed Feirstein David B $1,799,799
Previous Owner Heminway James Barton $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $2,000,000 +2.6% $1,221 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $1,950,000 -- $1,190 / Sq Ft
Source: SmartMLS

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 $14,548 $1,483,000 $1,291,500 $191,500
2023 $14,153 $1,471,200 $1,291,500 $179,700
2022 $13,984 $1,462,800 $1,291,500 $171,300
2021 $13,604 $1,180,900 $1,068,400 $112,500
2020 $13,356 $1,180,900 $1,068,400 $112,500
2019 $13,226 $1,180,900 $1,068,400 $112,500
2018 $11,209 $943,500 $843,500 $100,000
2017 $10,935 $943,500 $843,500 $100,000
2016 $11,020 $943,500 $843,500 $100,000
2015 $12,276 $1,134,600 $1,031,900 $102,700
2014 $12,072 $1,134,600 $1,031,900 $102,700
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170536046

SmartMLS

APN: WEST-000144-000062