NOT LISTED FOR SALE

8 Ricci Rd Westerly, RI 02891

Estimated Value: $732,333 - $1,230,000

3 Beds
1 Bath
888 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $775,000 $873 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,649/month

144 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Cottage
  • Marina
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of March 2022

The adage of location, location, location is exactly what this sweet cottage has! Located on WINNAPAUG POND in the surrounding neighborhood near Misquamicut and Weekapaug. This pristine cottage has been meticulously cared for and offers three bedrooms and 1 full bath, cedar impression no maintenance siding and a perfect location nestled in the Cove Road area on Winnapaug Pond. This saltwater pond encompasses 476 acres (2.5 miles) and breaches into the Atlantic Ocean. Enjoy boating, kayaking, jet skiing, clamming, fishing, and all the fun seaside activities that living on a saltwater pond offers.

SUBJECT TO COURT APPROVAL

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 10/04/2021

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 10/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,575

Year Built

  • Built in 1968

Lot Details

  • 5,227 Sq Ft Lot
  • Beach Front

Home Design

  • Cottage
  • Block Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 8RICCIRDWEST

Community Details

Overview

  • Winnapaug Pond Misquamicut Area Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,575

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: WINNAPAUG POND MISQUAMICUT AREA
  • Above Grade Finished Sq Ft: 888.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 888.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 8RICCIRDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5575.0
  • Tax Lot: 33
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Mar 23, 2022
Sold by
Lisa A Downer Ret
Bought by
Lisa A Downer Ret
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$850,000
Sold Price
$775,000
Premium/Discount to List
-$75,000
-8.82%
Current Estimated Value
$959,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,833
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Jun 23, 2020
Sold by
Panciera Gail E
Bought by
Gail E Panciera Irt

Purchase Details

Closed on
Oct 2, 2014
Sold by
Panciera Gaile E
Bought by
Gaile E Panciera Lt

Purchase Details

Closed on
Mar 28, 2014
Sold by
Panciera Gail E
Bought by
Gail E Panciera Lt and Panciera Gail E

Purchase Details

Closed on
Dec 30, 2013
Sold by
Panciera Donald M
Bought by
Panceira Gail E and Panciera-Downer Lisa A
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
Lisa A Downer Ret $387,500 None Available
Gail E Panciera Irt -- None Available
Panciera Gail E -- None Available
Gaile E Panciera Lt -- --
Gail E Panciera Lt -- --
Panceira Gail E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panciera Michael J $240,000
Previous Owner Panchera Donald $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $775,000 -8.8% $873 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
10/04/2021 10/04/21 For Sale $850,000 -- $957 / 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 $6,959 $709,400 $532,900 $176,500
2023 $6,824 $709,400 $532,900 $176,500
2022 $6,782 $709,400 $532,900 $176,500
2021 $5,633 $489,000 $367,800 $121,200
2020 $5,531 $489,000 $367,800 $121,200
2019 $5,477 $489,000 $367,800 $121,200
2018 $5,569 $468,800 $367,800 $101,000
2017 $5,433 $468,800 $367,800 $101,000
2016 $5,476 $468,800 $367,800 $101,000
2015 $5,482 $506,700 $394,100 $112,600
2014 $5,391 $506,700 $394,100 $112,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1295380

State-Wide MLS

APN: WEST-000143-000033