$600,000
SOLD SEP 29, 2025

81 Pierce St Westerly, RI 02891

8 Beds
3 Baths
5,247 Sq Ft
0.37 Acres

Recently Sold

$114 Per Sq Ft

5% Below List Price

54 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cooling Available
  • Golf Course Community
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of September 2025

INVESTORS TAKE NOTICE:

Three(3) Family recently renovated to new condition. Current rents lower than market rate,...upside to the income for this property as it stands today. Individual storage sheds for each unit. Onsite parking as well as on street parking available. City Water, Sewer, Gas. Walking distance to downtown Westerly & 10-12 minutes to the Westerly Beaches. Easy commute to Electric Boat, Interstate 95N or 95S.

Last Agent to Sell the Property

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 07/23/2025

Last Buyer's Agent

Samantha Conde

RE/MAX ONE License #RES.0049347

RE/MAX ONE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 5,247 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • No Garage
  • Driveway

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 81PIERCESTWEST

Community Details

Overview

  • 3 Units
  • Northend Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,737

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Subdivision Name: Northend
  • Above Grade Finished Sq Ft: 5247.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3

Exterior Features

  • Lot Features: Multiple lots, Paved
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16117.0
  • Parcel #: 81PIERCESTWEST
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 100.0

Tax Info

  • Tax Annual Amount: 2737.0
  • Tax Lot: 60
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2025
Closed on
Sep 26, 2025
Sold by
Decaro Giovanni
Bought by
Serrano Edward
Seller's Agent
Brian Turano
Onshore Realtors
Buyer's Agent
Samantha Conde
RE/MAX ONE
List Price
$629,300
Sold Price
$600,000
Premium/Discount to List
-$29,300
-4.66%
Views
42
Current Estimated Value
$597,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,619
Avg. Annual Appreciation
-1.73%
Original Mortgage
$570,000
Outstanding Balance
$569,493
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$27,888
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 Type Sale Price Title Company
Warranty Deed $600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $600,000 -4.7% $114 / Sq Ft
09/15/2025 09/15/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $629,300 -- $120 / 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 $2,733 $351,300 $80,100 $271,200
2024 $2,737 $261,900 $57,500 $204,400
2023 $2,355 $231,800 $57,500 $174,300
2022 $2,317 $229,400 $57,500 $171,900
2021 $2,243 $186,000 $50,100 $135,900
2020 $2,204 $186,000 $50,100 $135,900
2019 $2,184 $186,000 $50,100 $135,900
2018 $2,006 $162,400 $50,100 $112,300
2017 $1,949 $162,400 $50,100 $112,300
2016 $1,949 $162,400 $50,100 $112,300
2015 $1,973 $175,700 $60,300 $115,400
2014 $1,941 $175,700 $60,300 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1390699

State-Wide MLS

APN: WEST-000046-000060