NOT LISTED FOR SALE

8 Ocean View Hwy Westerly, RI 02891

Estimated Value: $3,999,431 - $5,149,000

9 Beds
8 Baths
5,048 Sq Ft
$901/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $3,200,000 $634 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $27,927/month

94 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • 2.57 Acre Lot
  • Attic

About This Home

As of May 2021

Rock Rose is a beautiful, solidly built 18+ room, 9+ bedroom home with views of the Atlantic Ocean (upper floors) on 2 3/4 magnificent acres within easy walking distance of the beach. An exceedingly bright home cooled by ocean breezes during the summer, and kept warm and cozy by its tight, well-made stucco exterior during winter. The house is extremely well- built, with high ceilings, a giant living room, and significant opportunities for renovation to suit the next occupants' tastes. .

Last Agent to Sell the Property

Denise Daukas

Compass / Lila Delman Compass License #RES.0032019 Listed on: 01/22/2021

Compass / Lila Delman Compass

Co-Listed By

Olga Goff

Olga B. Goff Real Estate License #REB.0014670

Last Buyer's Agent

Michelle Shevlin

Residential Properties Ltd. License #REB.0018895

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,243

Year Built

  • Built in 1928

Lot Details

  • 2.57 Acre Lot
  • Property is zoned R43

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cottage
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 5,048 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Leased
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater
  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 8OCEANVIEWHWYWEST

Community Details

Overview

  • Watch Hill Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,243

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 2.57
  • Co List Office Mls Id: OLGA
  • Co List Office Phone: 401-596-8497
  • Subdivision Name: Watch Hill
  • Above Grade Finished Sq Ft: 5048.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Furnished, Cable TV
  • Living Area: 5048.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Masonry, Other
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Security: Security System Leased
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 111949.0
  • Parcel #: 8OCEANVIEWHWYWEST
  • Zoning: R43
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 28243.33
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
May 27, 2021
Sold by
Daukas Ft and Daukas
Bought by
Oneill Kevin R and Oneill Chantel D
Seller's Agent
Denise Daukas
Compass / Lila Delman Compass
Buyer's Agent
Michelle Shevlin
Residential Properties Ltd.
List Price
$3,290,000
Sold Price
$3,200,000
Premium/Discount to List
-$90,000
-2.74%
Current Estimated Value
$4,547,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,347,810
Avg. Annual Appreciation
9.00%
Original Mortgage
$3,000,000
Outstanding Balance
$2,749,847
Interest Rate
2.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,790,421

Purchase Details

Closed on
Jul 23, 2018
Sold by
Galan G Daukas Ft and Daukas-Brown
Bought by
Daukas Ft and Daukas
Source: Public Records

Range of Values:

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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
Oneill Kevin R $3,200,000 None Available
Oneill Kevin R $3,200,000 None Available
Daukas Ft -- --
Daukas Ft -- --
Daukas Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneill Kevin R $3,000,000
Closed Oneill Kevin R $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $3,200,000 -2.7% $634 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $3,290,000 -- $652 / 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 $31,108 $3,171,000 $2,390,700 $780,300
2023 $28,205 $2,931,900 $2,338,900 $593,000
2022 $28,464 $2,977,400 $2,338,900 $638,500
2021 $28,768 $2,497,200 $2,044,200 $453,000
2020 $28,243 $2,497,200 $2,044,200 $453,000
2019 $27,969 $2,497,200 $2,044,200 $453,000
2018 $25,019 $2,106,000 $1,811,300 $294,700
2017 $24,409 $2,106,000 $1,811,300 $294,700
2016 $24,598 $2,106,000 $1,811,300 $294,700
2015 $21,828 $2,017,400 $1,679,500 $337,900
2014 $21,465 $2,017,400 $1,679,500 $337,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Denise Daukas

    Compass / Lila Delman Compass

    (203) 434-4730

    1 in this area

    1 Total Sale

    Denise Daukas
    Section Image

  • O

    Seller Co-Listing Agent in 2021

    Olga Goff

    Olga B. Goff Real Estate

    (401) 212-7402

    16 in this area

    19 Total Sales

    Olga Goff
    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Shevlin

    Residential Properties Ltd.

    (401) 524-0704

    1 in this area

    16 Total Sales

    Michelle Shevlin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1274004

State-Wide MLS

APN: WEST-000180-000010

Rhode Island Washington County Westerly 02891

8 Ocean View Hwy, Westerly, RI

This home is located at 8 Ocean View Hwy, Westerly, RI 02891 since 22 January 2021 and is currently estimated at $4,547,810, approximately $900 per square foot. This property was built in 1928. 8 Ocean View Hwy is a home located in Washington County with nearby schools including Westerly High School.

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