NOT LISTED FOR SALE

8 Narragansett Ave Westerly, RI 02891

Estimated Value: $543,000 - $671,097

4 Beds
2 Baths
3,997 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 25, 2013

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

Est. 209% increase in value since last sale

Current estimated payment $3,541/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
$602,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,524
Avg. Annual Appreciation
9.79%
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 List to Sale Price per Sq Ft
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
2025 $4,382 $563,300 $152,500 $410,800
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

    50 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

Not Listed for Sale

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