$450,000
SOLD DEC 20, 2024

81 Old Hopkinton Rd Westerly, RI 02891

5 Beds
3 Baths
4,806 Sq Ft
0.75 Acres

Recently Sold

$94 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Porch
  • Deck
  • Attic
  • 2 Car Attached Garage

About This Home

As of December 2024

Calling all investors! Great opportunity for investors to acquire this expansive Two Family Home in Westerly! Live in one unit and rent the other! Potential monthly rental amount $2,950 for the three bedroom and $2,200 for the two bedroom. This property is zoned General Industrial which may be comprised of many different uses that could possibly be allowed by the Town of Westerly. Such uses may include manufacturing, printing, concrete products, ship/boat building, too many to list! This multi-family home boasts a total of five large bedrooms and three full bathrooms. The main floor unit includes a huge kitchen with island, living room, study area, three bedrooms, two full baths. The upstairs unit consists of a kitchen, large living area, two bedrooms, one full bath. There is also an immense in-ground pool! This home is located close to some of the Rhode Island's most beautiful beaches and the historic downtown area. Downtown includes shops, restaurants and bars. It is only minutes from the Train Station with easy access to NYC and Boston. Home is being sold As-Is.

Last Agent to Sell the Property

Lorraine Perri

Coldwell Banker Realty License #REB.0019260 Listed on: 11/14/2024

Coldwell Banker Realty

Last Buyer's Agent

Angela Lombardi Osfield

RE/MAX South County License #REs.0045416

RE/MAX South County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 1900

Lot Details

  • 0.75 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Combination Foundation
  • Plaster

Interior Spaces

  • 4,806 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • Shops

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 81OLDHOPKINTONRDWEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,610

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Above Grade Finished Sq Ft: 4806.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Drywall, Plaster
  • Exterior Features: Deck, Porch
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: 81OLDHOPKINTONRDWEST
  • Zoning: GI
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2610.0
  • Tax Lot: 40
  • Tax Map Number: 48
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 20, 2024
Sold by
Collins Mark P
Bought by
Osfield Angela L and Osfield Todd
Seller's Agent
Lorraine Perri
Coldwell Banker Realty
Buyer's Agent
Angela Lombardi Osfield
RE/MAX South County
List Price
$479,900
Sold Price
$450,000
Premium/Discount to List
-$29,900
-6.23%
Views
52
Current Estimated Value
$476,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,573
Avg. Annual Appreciation
7.53%
Original Mortgage
$405,000
Outstanding Balance
$401,815
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,758

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jan 3, 2018
Sold by
Guido Onorina
Bought by
Collins Mark P
Seller's Agent
Marcia Ferretti
Compass
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$220,924
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2012
Sold by
Guido Frank A and Gueltzow Emilia A
Bought by
Guido Rita M and Guido Onorina

Purchase Details

Closed on
Jul 3, 1973
Bought by
Guido Onorina
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 $450,000 None Available
Warranty Deed $450,000 None Available
Warranty Deed $450,000 None Available
Warranty Deed $225,000 --
Warranty Deed $225,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 Purchase Money Mortgage
Closed $405,000 Purchase Money Mortgage
Previous Owner $220,924 FHA
Previous Owner $7,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Rent $2,200 0.0% --
12/20/2024 12/20/24 Sold $450,000 -6.2% $94 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $479,900 +113.3% $100 / Sq Ft
01/03/2018 01/03/18 Sold $225,000 0.0% $94 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $225,000 -- $94 / 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 $2,610 $266,100 $78,800 $187,300
2023 $2,560 $266,100 $78,800 $187,300
2022 $2,544 $266,100 $78,800 $187,300
2021 $2,708 $235,100 $68,500 $166,600
2020 $2,659 $235,100 $68,500 $166,600
2019 $2,633 $235,100 $68,500 $166,600
2018 $2,486 $209,300 $68,500 $140,800
2017 $2,426 $209,300 $68,500 $140,800
2016 $2,445 $209,300 $68,500 $140,800
2015 $2,463 $227,600 $82,600 $145,000
2014 $2,422 $227,600 $82,600 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1372711

State-Wide MLS

APN: WEST-000048-000040