Seller's Agent in 2023
Andy Schilke
Schilke Realty
(401) 326-2013
112 in this area
259 Total Sales
3 Cottage St Westerly, RI 02891
Estimated Value: $224,000 - $366,000
2
Beds
1
Bath
1,014
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Marina
- 1.47 Acre Lot
- Bungalow
- Golf Course Community
- Recreation Facilities
- Public Transportation
About This Home
As of September 2023Nestled on 1.47 acres, this 2BR, 1BA ranch is tucked away from the road offering privacy. This home offers a generous living room with cathedral ceilings and a wood stove, an eat in kitchen, 2 spacious bedrooms, a full bath and a laundry room. Enjoy one level living with low maintenance features such as town water, town sewer and vinyl siding. Ideally located minutes to the restaurants and shops of vibrant Downtown Westerly, the United Theater and the CT border. Easy access to Interstate 95 and close to beaches and all the wonderful amenities Westerly has to offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,805
Year Built
- Built in 1948
Lot Details
- 1.47 Acre Lot
- Property is zoned R30
Parking
- No Garage
Home Design
- Bungalow
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,014 Sq Ft Home
- 1-Story Property
- Free Standing Fireplace
- Unfinished Basement
- Crawl Space
Kitchen
- Oven
- Range
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Location
- Property near a hospital
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Propane
- Gas Water Heater
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 3BCOTTAGESTWEST
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2023
Closed on
Sep 14, 2023
Sold by
Roberts Carrie L
Bought by
Lombardi Michael A
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Renee Fallon
RE/MAX Professionals
List Price
$229,000
Sold Price
$237,000
Premium/Discount to List
$8,000
3.49%
Total Days on Market
42
Views
219
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,462
Avg. Annual Appreciation
17.67%
Original Mortgage
$189,600
Outstanding Balance
$185,848
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,614
Purchase Details
Listed on
Oct 14, 2021
Closed on
Jan 6, 2022
Sold by
Daniels Jane
Bought by
Cheatham Anthony J
Seller's Agent
Andy Schilke
Schilke Realty
Buyer's Agent
Jessica Ribeiro
Real Broker, LLC
List Price
$244,000
Sold Price
$244,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.72%
Original Mortgage
$236,680
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 14, 2009
Sold by
Citibank Na
Bought by
Smith Clifford
Purchase Details
Closed on
Jan 20, 2009
Sold by
Geer James I and Citibank Na
Bought by
Citibank Na
Purchase Details
Closed on
Aug 18, 2005
Sold by
Hovey Melissa
Bought by
Daniels Jane and Daniels Brian
Purchase Details
Closed on
Oct 7, 2002
Sold by
Fay Michael P and Fay Margaret
Bought by
Follett Melissa
Purchase Details
Closed on
Mar 31, 1997
Sold by
King Edward and King Eleanor
Bought by
Akesson Mark A and Akesson Margaret
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lombardi Michael A | $237,000 | None Available | |
| Cheatham Anthony J | $244,000 | None Available | |
| Smith Clifford | $60,000 | -- | |
| Citibank Na | $106,250 | -- | |
| Daniels Jane | $200,000 | -- | |
| Follett Melissa | $125,000 | -- | |
| Akesson Mark A | $89,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lombardi Michael A | $189,600 | |
| Previous Owner | Cheatham Anthony J | $236,680 | |
| Previous Owner | Akesson Mark A | $15,000 | |
| Previous Owner | Akesson Mark A | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2023 09/14/23 | Sold | $237,000 | +3.5% | $234 / Sq Ft |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 08/02/2023 08/02/23 | For Sale | $229,000 | -6.1% | $226 / Sq Ft |
| 01/10/2022 01/10/22 | Sold | $244,000 | 0.0% | $290 / Sq Ft |
| 12/11/2021 12/11/21 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $244,000 | +117.9% | $290 / Sq Ft |
| 10/01/2013 10/01/13 | Sold | $112,000 | -10.3% | $110 / Sq Ft |
| 09/01/2013 09/01/13 | Pending | -- | -- | -- |
| 01/07/2013 01/07/13 | For Sale | $124,900 | -- | $123 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $2,468 | $236,200 | $88,600 | $147,600 |
| 2023 | $2,400 | $236,200 | $88,600 | $147,600 |
| 2022 | $2,386 | $236,200 | $88,600 | $147,600 |
| 2021 | $1,924 | $159,500 | $77,000 | $82,500 |
| 2020 | $1,890 | $159,500 | $77,000 | $82,500 |
| 2019 | $1,873 | $159,500 | $77,000 | $82,500 |
| 2018 | $1,596 | $129,200 | $68,000 | $61,200 |
| 2017 | $1,550 | $129,200 | $68,000 | $61,200 |
| 2016 | $1,550 | $129,200 | $68,000 | $61,200 |
| 2015 | $1,589 | $141,500 | $78,600 | $62,900 |
| 2014 | $1,564 | $141,500 | $78,600 | $62,900 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Schilke
-
Renee Fallon
Buyer's Agent in 2023
Renee Fallon
RE/MAX Professionals
(401) 304-4663
3 in this area
49 Total Sales
-
Jessica Ribeiro
J
Buyer's Agent in 2022
Jessica Ribeiro
Real Broker, LLC
(401) 523-2428
1 in this area
33 Total Sales
-
Mary Jane DiMaio
Seller's Agent in 2013
Mary Jane DiMaio
RE/MAX South County
(401) 741-2079
17 in this area
26 Total Sales
-
Elaine Readey
Buyer's Agent in 2013
Elaine Readey
RE/MAX South County
(401) 996-0216
4 in this area
48 Total Sales
Map
Similar Homes in the area
Source: State-Wide MLS
MLS Number: 1340641
APN: WEST-000026-000027
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