$425,000
SOLD MAR 20, 2025

8 Pond St Westerly, RI 02891

5 Beds
2 Baths
2,035 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Shops
  • Fenced
  • Attic
  • Heating System Uses Steam

About This Home

As of March 2025

Great muilti-family perfect for owner occupant or investment- minutes from downtown Westerly! This well-maintained property features 2 spacious units. The first-floor unit offers 2 bedrooms, a bright living space, new flooring, in-unit laundry, and is move-in ready for a new owner or tenant. The second-floor unit has a separate entrance and spans two levels with 3 bedrooms + an office, eat in kitchen and a dedicated washer and dryer in unit- great long-term tenants who would love to stay. Additional highlights include town water and sewer, 4-5 off-street parking spots, fully fenced backyard for outdoor enjoyment, separate electric meters & natural gas heat (single system, gas paid for by 2nd floor tenants). Large basement for storage with walkout door. Reach out to the list agent today for a showing! Offers Due by 2/26 @2pm

Last Agent to Sell the Property

Tori Turco

Evolution Real Estate of MA License #REB.0018799 Listed on: 02/19/2025

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #RES.0044708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1924

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,035 Sq Ft Home
  • 3-Story Property
  • Permanent Attic Stairs
  • Laundry in unit

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service

Listing and Financial Details

  • The owner pays for hot water
  • Tax Block 78
  • Assessor Parcel Number 8PONDSTWEST

Community Details

Overview

  • 2 Units
  • North End Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,678

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Inclusions: 2nd Floor Tenant currently pays for heat for entire home which is why rent is below market. Lease expires 4/31/2025. 1st Floor has a separate gas meter for range and dryer There are some asbestos wrapped pipes in the basement and ceilings are low in the 3rd floor rooms.
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 2035.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1924
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Stall Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 8PONDSTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2678.02
  • Tax Block: 78
  • Tax Lot: 0
  • Tax Map Number: 46
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 20, 2025
Sold by
Bannon Nathan
Bought by
Larson Anthony
Seller's Agent
Tori Turco
Evolution Real Estate of MA
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Views
76
Current Estimated Value
$419,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,342
Avg. Annual Appreciation
-2.36%
Original Mortgage
$318,750
Outstanding Balance
$317,125
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,533

Purchase Details

Listed on
Mar 1, 2020
Closed on
Apr 29, 2020
Sold by
Rieder Irene L
Bought by
Bannon Nathan
Seller's Agent
Chris Brelsford
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Anthony Lemme
Weichert Realtors-Cress & Co.
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$210,800
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $248,000 None Available
Warranty Deed $248,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Purchase Money Mortgage
Closed $318,750 Purchase Money Mortgage
Previous Owner $210,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $425,000 +6.3% $209 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $399,900 +61.3% $197 / Sq Ft
04/30/2020 04/30/20 Sold $248,000 -0.8% $66 / Sq Ft View Prior Sale
03/31/2020 03/31/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $249,900 0.0% $66 / Sq Ft
04/27/2019 04/27/19 Rented $950 -17.4% --
03/28/2019 03/28/19 Under Contract -- -- --
02/22/2019 02/22/19 For Rent $1,150 -- --
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 $2,578 $246,700 $98,400 $148,300
2023 $2,506 $246,700 $98,400 $148,300
2022 $2,492 $246,700 $98,400 $148,300
2021 $2,381 $197,400 $85,600 $111,800
2020 $2,339 $197,400 $85,600 $111,800
2019 $2,307 $196,500 $85,600 $110,900
2018 $2,279 $184,500 $85,600 $98,900
2017 $2,214 $184,500 $85,600 $98,900
2016 $2,214 $184,500 $85,600 $98,900
2015 $2,166 $192,900 $82,700 $110,200
2014 $2,132 $192,900 $82,700 $110,200
Source: Public Records

Agents Affiliated with this Home

  • Tori Turco

    Seller's Agent in 2025

    Tori Turco

    Evolution Real Estate of MA

    (508) 213-8674

    1 in this area

    84 Total Sales

    Tori Turco
    Section Image

  • L

    Buyer's Agent in 2025

    Lisa Raiche

    Town & Shore Realty

    (401) 207-6621

    13 in this area

    17 Total Sales

    Lisa Raiche
    Section Image
  • Chris Brelsford

    Seller's Agent in 2020

    Chris Brelsford

    Weichert REALTORS-Atlantic Prp

    (401) 258-9748

    28 Total Sales

    Chris Brelsford
    Section Image
  • Anthony Lemme

    Buyer's Agent in 2020

    Anthony Lemme

    Weichert Realtors-Cress & Co.

    (401) 787-0816

    18 in this area

    49 Total Sales

    Anthony Lemme
    Section Image
  • Kathleen Donovan

    Seller's Agent in 2019

    Kathleen Donovan

    RE/MAX South County

    6 Total Sales

    Kathleen Donovan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1377885

State-Wide MLS

APN: WEST-000046-000078

Rhode Island Washington County Westerly 02891

8 Pond St, Westerly, RI

This home is located at 8 Pond St, Westerly, RI 02891 and is currently priced at $425,000, approximately $208 per square foot. This property was built in 1924. 8 Pond St is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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