NOT LISTED FOR SALE

9 Waters Edge Rd Westerly, RI 02891

Estimated Value: $5,222,621 - $5,540,000

5 Beds
3.5 Baths
4,155 Sq Ft
$1,293/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $5,995,000 $1,443 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $34,013/month

147 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • 0.94 Acre Lot
  • Marina
  • River Access
  • Colonial Architecture

About This Home

As of March 2020

A boater’s dream location! Built in 1997, 4,100+ SqFt waterfront estate sits directly on Little Narragansett Bay at the mouth of Watch Hill, RI’s quaint New England harbor. “Windswept” boasts expansive Westerly views of the Bay and surrounding area. Home was designed to take advantage of its unique location and ‘perpetual sunset’ views! The area is surrounded by water on 3 sides – River, Bay, and Ocean – giving you unlimited options for activities. With 4 deep-water moorings, its own private beach and the potential for a dock, Windswept offers you the best of all worlds, prime location & direct access to the protected Bay while also offering you easy access to the open-ocean & close proximity by water to numerous towns up-and-down the coast! Located on a quiet dead-end street within easy walking distance to the Village of Watch Hill, the 5-star Ocean House, the Watch Hill YC, and The Misquamicut Club. You have the quiet and serenity that this enclave of Watch Hill offers, along with the close proximity to everything! This stunning 5-bed 3.5-bath home is ideal for entertaining, with its formal Living and Dining Room, along with its expansive blue-stone patio overlooking the Bay. With nearly 300’ of water-frontage, whether you are entertaining inside or out, your views of the water are spectacular. You can either enjoy your unlimited possibilities on the water or simply sit back and take in the view. Windswept is truly a spectacular property and a very rare Watch Hill offering!

Last Agent to Sell the Property

Geb Masterson

William Pitt Sotheby's Int'l License #RES.0041456 Listed on: 10/04/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,523

Year Built

  • Built in 1997

Lot Details

  • 0.94 Acre Lot
  • Beach Front
  • Sprinkler System
  • Property is zoned R43

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,155 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Mooring
  • Balcony
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 17A
  • Assessor Parcel Number 9WATER'SEDGERDWEST

Community Details

Recreation

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

Additional Features

  • Watch Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,523

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9434
  • Subdivision Name: Watch Hill
  • Above Grade Finished Sq Ft: 4155.0
  • Architectural Style: Cabin/Cottage, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 4155.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Sprinkler System, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Mooring, River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Oil, Wood
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41096.0
  • Parcel #: 9WATER'SEDGERDWEST
  • Zoning: R43
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 64523.0
  • Tax Lot: 17A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Mar 16, 2020
Sold by
Robert L L and Robert Mckinlay J
Bought by
Dillow Jason and Dillow Mary
Seller's Agent
Geb Masterson
William Pitt Sotheby's Int'l
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$6,900,000
Sold Price
$5,995,000
Premium/Discount to List
-$905,000
-13.12%
Current Estimated Value
$5,372,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$622,126
Avg. Annual Appreciation
1.06%
Original Mortgage
$3,896,750
Outstanding Balance
$3,481,839
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,871,518
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dillow Jason $5,995,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillow Jason $3,896,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $5,995,000 -13.1% $1,443 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $6,900,000 -- $1,661 / 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 $67,672 $6,898,300 $5,891,600 $1,006,700
2023 $66,362 $6,898,300 $5,891,600 $1,006,700
2022 $65,730 $6,875,500 $5,891,600 $983,900
2021 $66,367 $5,761,000 $4,755,300 $1,005,700
2020 $65,157 $5,761,000 $4,755,300 $1,005,700
2019 $64,523 $5,761,000 $4,755,300 $1,005,700
2018 $65,871 $5,544,700 $4,755,300 $789,400
2017 $64,263 $5,544,700 $4,755,300 $789,400
2016 $64,762 $5,544,700 $4,755,300 $789,400
2015 $56,445 $5,216,700 $4,410,700 $806,000
2014 $55,477 $5,214,000 $4,410,700 $803,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1237928

State-Wide MLS

APN: WEST-000179-000017A