NOT LISTED FOR SALE

8 Service St Westerly, RI 02891

Estimated Value: $369,000 - $477,000

6 Beds
2.5 Baths
2,388 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2022

Last sale price $260,000 $109 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,427 / mo

15 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Shops
  • Recreation Facilities
  • Patio
  • Property near a hospital

About This Home

As of June 2022

Two family home situated on expansive 28,000+ sq ft lot located in the heart of Westerly's north end boasts low maintenance vinyl siding, plenty of off street parking, city water, city sewer, natural gas, a detached garage and a shed. The first unit is located on the main and lower levels. The lower level offers a kitchen and a den and provides walkout access to a patio to enjoy the outdoors. The main level of the first unit offers 3 bedrooms, living room, dining room and a full bath. The second unit (on the second floor) offers a kitchen, living room, dining room, laundry room, 2 bedrooms and a full bath. Easy access to interstate and within walking distance to historic downtown Westerly. This multi family home has great potential for either investor or owner occupant and a location that offers something for everyone.

Last Agent to Sell the Property

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 04/25/2022

Last Buyer's Agent

Andy Schilke

Schilke Realty License #REC.0018142 Listed on: 04/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1890

Lot Details

  • 0.65

Parking

  • 1 Car Detached Garage

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 28,314 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 8SERVICESTWEST

Community Details

Overview

  • 3 Buildings
  • 2 Units

Amenities

  • Shops

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,186

Year Built

Built in 1890

Lot Details

0.65 Acres

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.65
  • Above Grade Finished Sq Ft: 2388.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Dining Room Type: Family Room, Kitchen
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28314.0
  • Parcel #: 8SERVICESTWEST
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2186.0
  • Tax Lot: 12
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 3, 2022
Sold by
Bought by
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Andy Schilke
Schilke Realty
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Current Estimated Value
$413,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,528
Avg. Annual Appreciation
12.14%

Purchase Details

Closed on
Dec 13, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 None Available
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $20,000
Previous Owner $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $260,000 -11.9% $109 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $295,000 -- $124 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,373 $333,800 $150,000 $183,800
2024 $2,252 $229,600 $108,800 $120,800
2023 $2,209 $229,600 $108,800 $120,800
2022 $2,169 $226,900 $108,800 $118,100
2021 $2,185 $189,700 $95,400 $94,300
2020 $2,146 $189,700 $95,400 $94,300
2019 $2,125 $189,700 $95,400 $94,300
2018 $2,180 $183,500 $95,400 $88,100
2017 $2,127 $183,500 $95,400 $88,100
2016 $2,143 $183,500 $95,400 $88,100
2015 $2,030 $187,600 $97,200 $90,400
2014 $1,996 $187,600 $97,200 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1308154

State-Wide MLS

APN: WEST-000037-000012

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