NOT LISTED FOR SALE

18 Chin Hill Rd Westerly, RI 02891

Estimated Value: $920,000 - $1,069,000

4 Beds
4 Baths
3,738 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $755,500 $202 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,743/month

7 Days on Market

Highlights

  • Marina
  • Spa
  • Contemporary Architecture
  • Golf Course Community
  • Deck
  • Wooded Lot

About This Home

As of May 2022

A must see for a tranquil new living space - Contemporary home nestled in the quiet desirable neighborhood of Chin Hill located walking distance to Misquamicut and Westerly state beaches. This 4 bedroom, 3.5 bath is situated on a 0.49 acre lot. This home features a spacious kitchen with new granite countertops and an adjoining sunroom facing East to capture the morning sun. The Kitchen walks out on to the semi-private deck which is also accessible from the dining room. The Great room features a magnificent stone fireplace and 3/4 hardwood floors. The Master Bedroom is located on the first floor with a newly renovated master bath. Enjoy light ocean breezes from the balcony off one of the 3 guest rooms on the second floor. Other features include 6 skylights; whirlpool tub; new washer/dryer; new furnace with 5-zone heating; 2- 330 gal oil tanks; finished basement with bath and bar area; smart phone features for convenient remote access on main thermostat. A great home or investment property This house furnished with existing contents would be a great AIRBNB or VRBO. Will consider offer that includes furnishings. 1 mile from Misquamicut Beach and famous Watch Hill. 10 minutes to Rte 95, 1/2 hour to Newport, 45 minutes to T.F. Green Int'l Airport, 5 minutes to Train Station and 20 minutes to Mystic Seaport CT. 1 1/2 hrs to Boston and 2 1/2 hours to NYC.

Last Agent to Sell the Property

Audrey Lochiatto

Quality Properties License #REB.0018223 Listed on: 02/18/2022

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #REB.0018903

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,011

Year Built

  • Built in 1989

Lot Details

  • 0.47 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Thermal Windows
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Marina
  • Golf Course Community

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 18CHINHILLRDWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,011

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Above Grade Finished Sq Ft: 2538.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1200.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Other, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 3738.0
  • Dining Room Type: Bathroom, Storage Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Balcony, Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, 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

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.0
  • Parcel #: 18CHINHILLRDWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5011.0
  • Tax Lot: 36
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 29, 2022
Sold by
Kerman Lisa L
Bought by
Graeve Glenn and Graeve Mariah
Seller's Agent
Audrey Lochiatto
Quality Properties
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$749,000
Sold Price
$755,500
Premium/Discount to List
$6,500
0.87%
Current Estimated Value
$984,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,356
Avg. Annual Appreciation
9.07%
Original Mortgage
$679,950
Outstanding Balance
$649,754
Interest Rate
5.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$363,338

Purchase Details

Closed on
Sep 30, 2008
Sold by
Pyles Steven and Pyles Debra E
Bought by
Kerman Lisa L

Purchase Details

Closed on
Aug 27, 1999
Sold by
Greene Donald I and Greene Jeanne C
Bought by
Pyles Steven and Pyles Debra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
7.53%
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
Graeve Glenn $755,500 None Available
Graeve Glenn $755,500 None Available
Kerman Lisa L $430,000 --
Pyles Steven $255,000 --
Kerman Lisa L $430,000 --
Pyles Steven $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graeve Glenn $679,950
Closed Graeve Glenn $679,950
Previous Owner Pyles Steven $225,000
Previous Owner Pyles Steven $191,750
Closed Pyles Steven $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $755,500 +0.9% $202 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $749,000 -- $200 / 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 $5,940 $605,500 $190,700 $414,800
2023 $5,825 $605,500 $190,700 $414,800
2022 $5,789 $605,500 $190,700 $414,800
2021 $5,032 $436,800 $165,800 $271,000
2020 $4,940 $436,800 $165,800 $271,000
2019 $4,892 $436,800 $165,800 $271,000
2018 $4,858 $408,900 $165,800 $243,100
2017 $4,739 $408,900 $165,800 $243,100
2016 $4,776 $408,900 $165,800 $243,100
2015 $4,528 $418,500 $169,200 $249,300
2014 $4,453 $418,500 $169,200 $249,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1303447

State-Wide MLS

APN: WEST-000127-000036