NOT LISTED FOR SALE

8 Narragansett Ave Westerly, RI 02891

Estimated Value: $516,000 - $753,000

4 Beds
2 Baths
3,997 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $195,000 $49 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,631/month

145 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Attic
  • Public Transportation
  • Satellite Dish

About This Home

As of October 2013

Ideal in-town location, walk to Wilcox Park, YMCA, nightclubs in downtown Westerly. Buyer should consider finishing 3rd level to add another 4 bedrooms to the two bedroom 2nd fl unit. Property sold as-is; knob/tube wiring, lead paint, asbestos wrap.

Last Agent to Sell the Property

Paul Nolan

Weichert, REALTORS- Suburban License #RES.0033617 Listed on: 05/02/2013

Last Buyer's Agent

Randy Russ

Russ Real Estate License #REB.0013071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,997 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Oil Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 74
  • Assessor Parcel Number 8NARRAGANSETTAVWEST

Community Details

Overview

  • 2 Units
  • In Town Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,300

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Subdivision Name: IN-TOWN
  • Above Grade Finished Sq Ft: 3997.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic
  • Living Area: 3997.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 8NARRAGANSETTAVWEST
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3300.0
  • Tax Lot: 74
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Oct 25, 2013
Sold by
Trovato Mark J and Trovato Antonio J
Bought by
Howell Andrew P and Howell Emily J
Seller's Agent
Paul Nolan
Weichert, REALTORS- Suburban
Buyer's Agent
Randy Russ
Russ Real Estate
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$624,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,481
Avg. Annual Appreciation
8.83%
Original Mortgage
$261,497
Interest Rate
4.56%
Mortgage Type
New Conventional
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
Howell Andrew P $195,000 --
Howell Andrew P $195,000 --
Howell Andrew P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Howell Andrew P $257,173
Closed Howell Andrew P $261,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $195,000 -13.3% $49 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $225,000 -- $56 / 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 $3,991 $381,900 $109,100 $272,800
2023 $3,880 $381,900 $109,100 $272,800
2022 $3,857 $381,900 $109,100 $272,800
2021 $4,055 $336,200 $95,000 $241,200
2020 $3,984 $336,200 $95,000 $241,200
2019 $3,947 $336,200 $95,000 $241,200
2018 $3,775 $305,700 $95,000 $210,700
2017 $3,668 $305,700 $95,000 $210,700
2016 $3,668 $305,700 $95,000 $210,700
2015 $3,614 $321,800 $96,900 $224,900
2014 $3,556 $321,800 $96,900 $224,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Paul Nolan

    Weichert, REALTORS- Suburban

  • Randy Russ

    Buyer's Agent in 2013

    Randy Russ

    Russ Real Estate

    (860) 961-0929

    4 in this area

    49 Total Sales

    Randy Russ
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Map

Source: State-Wide MLS

MLS Number: 1039994

State-Wide MLS

APN: WEST-000057-000074

Rhode Island Washington County Westerly 02891

8 Narragansett Ave, Westerly, RI

This home is located at 8 Narragansett Ave, Westerly, RI 02891 since 02 May 2013 and is currently estimated at $624,481, approximately $156 per square foot. This property was built in 1900. 8 Narragansett Ave is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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