NOT LISTED FOR SALE

9 Abbey Ln Unit 5 Westerly, RI 02891

Estimated Value: $445,000 - $538,000

2 Beds
2 Baths
1,408 Sq Ft
$150/mo HOA Fee

Last Sold December 03, 2021

Last sale price $337,290 $240 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,050/month

807 Days on Market

Highlights

  • Marina
  • Under Construction
  • Deck
  • Golf Course Community
  • Active Adult
  • Wooded Lot

About This Home

As of December 2021

INCOME BASED UNIT: MUST GET QUALIFIED AT WESTERLY HOUSING!! (86K Gross Income Limit for this model) Your new lifestyle awaits you at the beautiful new development named Lathrop Farms Condominiums, off South Drive in Westerly RI. This community is age restricted, one buyer must be over 55. This unit is income based/affordable - two of these units will be built in each of the three phases. Exterior finished same as market rate. Interior builder grade finishes. Allowances given for appliances and lighting. These upscale homes provide single floor living including your master suite, large closets, open living/dining area and a second bedroom that can be used as an office. Your energy efficient low maintenance home will provide peace of mind for decades to come. The professional landscaping will be taken care of for you. Sit on your back patio and just enjoy the view of mature trees surrounding the development. Be as active as you way or just relax with newly found neighbor friends. It's just a few minutes drive to area beaches, attractions and restaurants. Downtown Westerly offers a diverse collection of eating and drinking establishments, quaint shops, art galleries and antique shops line historic downtown Westerly. Price changes yearly with RI Housing updates up to time of closing. 10% deposit becomes non refundable when framing begins

Last Agent to Sell the Property

Lori Moore

Northeast Property Group License #RES.0035303 Listed on: 08/18/2019

Last Buyer's Agent

Lori Moore

Northeast Property Group License #RES.0035303 Listed on: 08/18/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Security Fence
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 9ABBEYLANE5WEST

Community Details

Overview

  • Active Adult
  • Use 22 South Dr For Address Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: use 22 South Dr for address
  • Above Grade Finished Sq Ft: 1408.0
  • Building Name: Lathrop Farms Condomin
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2019
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1408.0
  • Stories: 1
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Security
  • Lot Features: Sprinkler System, Wooded
  • Construction Type: Drywall, Masonry, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 9ABBEYLANE5WEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Lot: 131
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $337,290 +9.2% $240 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/18/2019 08/18/19 For Sale $309,000 -- $219 / 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 $3,427 $327,900 $0 $327,900
2023 $3,331 $327,900 $0 $327,900
2022 $3,312 $327,900 $0 $327,900
Source: Public Records

Agents Affiliated with this Home

  • Lori Moore

    Seller's Agent in 2021

    Lori Moore

    Northeast Property Group

    (401) 741-6686

    33 in this area

    50 Total Sales

    Lori Moore
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Map

Source: State-Wide MLS

MLS Number: 1232567

State-Wide MLS

APN: WEST M:97 B:131 L:5

Rhode Island Washington County Westerly 02891

9 Abbey Ln Unit 5, Westerly, RI

This home is located at 9 Abbey Ln Unit 5, Westerly, RI 02891 since 18 August 2019 and is currently estimated at $493,045, approximately $350 per square foot. This property was built in 2019. 9 Abbey Ln Unit 5 is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

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