NOT LISTED FOR SALE

88 Wells St Westerly, RI 02891

Estimated Value: $397,000 - $508,888

3 Beds
2.5 Baths
1,536 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $335,000 $218 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,669/month

121 Days on Market

Highlights

  • Marina
  • Built in 1957 | Newly Remodeled
  • Wood Flooring
  • Golf Course Community
  • Cape Cod Architecture
  • Tennis Courts

About This Home

As of April 2024

Location! Location! Investor purchase! 88 Wells Street is a rehab that is almost complete. First floor has 2 bedrooms, 2.5 baths, eat-in kitchen, dining room, living room, and computer room. Second floor has been gutted to the studs, but has potential for the third bedroom and second full bathroom. Lots of new items and extras- roof, siding, windows, patio, fenced-in backyard, 2-car detached garage, central air, quartz countertops in kitchen, stainless steel appliances. This could be true one-level living. The property is in close proximity to all Westerly has to offer- beautiful beaches, shops, restaurants, downtown, and just a quick ride to 95 (approximately half way between NY and Boston). Come take a look, bring a vision, and find your happy space.

Last Agent to Sell the Property

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 11/13/2023

Co-Listed By

Jacob Lamb

Sold By Michaela LLC License #RES.0043194

Last Buyer's Agent

Michael Lamb

Keller Williams Coastal License #RES.0043757

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 1957 | Newly Remodeled

Lot Details

  • 0.32

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • 0.32 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 88WELLSSTWEST

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,272

Year Built

Built in 1957 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Co List Office Mls Id: SOLD
  • Co List Office Phone: 401-935-3390
  • Inclusions: NA
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1536.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Masonry, Other
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction, Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Ductless, Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • 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)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.0
  • Parcel #: 88WELLSSTWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3272.0
  • Tax Lot: 139
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2004
Sold by
Trombino Italo and Trombino Anna
Bought by
Strickland H Allen
Current Estimated Value
$459,972

Purchase Details

Closed on
May 27, 2004
Sold by
Cavanaugh Brian and Cavanaugh Cynthia
Bought by
Trombino Italo and Trombino Anna

Purchase Details

Closed on
Aug 31, 1999
Sold by
H-Sculco Beverly A
Bought by
Cavanaugh Brian L and Cavanaugh Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Strickland H Allen $200,000 --
Trombino Italo $250,000 --
Cavanaugh Brian L $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavanaugh Brian L $107,000
Previous Owner Cavanaugh Brian L $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $335,000 -16.2% $218 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
11/13/2023 11/13/23 For Sale $399,900 +6.6% $260 / Sq Ft
07/20/2021 07/20/21 Sold $375,000 +15.4% $235 / Sq Ft View Prior Sale
06/20/2021 06/20/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $325,000 +8.3% $204 / Sq Ft
05/24/2021 05/24/21 Sold $300,000 -7.7% $188 / Sq Ft View Prior Sale
04/30/2021 04/30/21 For Sale $325,000 -- $204 / 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 $3,103 $398,800 $146,300 $252,500
2024 $3,292 $315,000 $110,600 $204,400
2023 $3,222 $317,100 $110,600 $206,500
2022 $3,203 $317,100 $110,600 $206,500
2021 $2,208 $183,100 $96,500 $86,600
2020 $2,170 $183,100 $96,500 $86,600
2019 $2,150 $183,100 $96,500 $86,600
2018 $2,529 $204,800 $96,500 $108,300
2017 $2,458 $204,800 $96,500 $108,300
2016 $2,458 $204,800 $96,500 $108,300
2015 $2,354 $209,600 $98,400 $111,200
2014 $2,316 $209,600 $98,400 $111,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1347964

State-Wide MLS

APN: WEST-000087-000139