NOT LISTED FOR SALE

8 Park Ave Unit 2 Westerly, RI 02891

Estimated Value: $385,000 - $438,000

3 Beds
2 Baths
1,434 Sq Ft
$240/mo HOA Fee

Last Sold October 11, 2022

Last sale price $355,000 $248 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,672/month

66 Days on Market

Highlights

  • Golf Course Community
  • Public Transportation
  • Property near a hospital
  • Recreation Facilities
  • Shops
  • Central Air

About This Home

As of October 2022

SHORT TERM RENTAL POTENTIAL. Welcome to your new condo at Pawcatuck on the Park! This 3 bedroom 2 bath condo is just minutes from the beautiful coastline of Westerly and Watch Hill. This condo retreat offers the best of downtown and beach access. Designed by interior designer, Amber Wilhelmina, the interiors of this unit boast modern amenities such as white shaker cabinetry, leather quartz countertops, double vanities in bathrooms, washer and dryer in unit and recessed lighting throughout. Enjoy your large primary bedroom, ensuite bathroom and a massive walk in closet that opens to one of your two private balconies. The second bedroom has it own wing and private bathroom. The third bedroom can be used as an office and has its own private balcony. The exterior was meticulously restored and improved with modern touches, private exterior deck and deeded two car parking in the rear of the building for each unit. This condo has private deeded basement storage. After a day at the beach, enjoy your shared rear patio for grilling & recreation. Schedule a showing today!

Last Agent to Sell the Property

Meg Mut

HERE Realty License #REB.0019025 Listed on: 07/25/2022

Last Buyer's Agent

Sandy Bliven

RE/MAX South County License #RES.0031703

RE/MAX South County

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1900

Lot Details

  • 0.28

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,434 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 8PARKAV2WEST

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal
  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,788

Year Built

Built in 1900

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.28
  • Above Grade Finished Sq Ft: 1434.0
  • Building Name: Pawcatuck on Park
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 1434.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 8PARKAV2WEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 4788.0
  • Tax Lot: 95
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Oct 7, 2022
Sold by
Cle Holdings Llc
Bought by
Degregory Susan R
Seller's Agent
Meg Mut
HERE Realty
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
307
Current Estimated Value
$420,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,541
Avg. Annual Appreciation
5.42%
Original Mortgage
$170,000
Outstanding Balance
$162,580
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,961
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Degregory Susan R $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degregory Susan R $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $355,000 -1.4% $248 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $360,000 -4.0% $251 / Sq Ft
07/25/2022 07/25/22 For Sale $375,000 -- $262 / 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 $2,752 $353,700 $0 $353,700
2024 $3,345 $320,100 $0 $320,100
2023 $3,252 $320,100 $0 $320,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1316312

State-Wide MLS

APN: WEST M:57 B:95 L:2