NOT LISTED FOR SALE

481 Atlantic Ave Westerly, RI 02891

Estimated Value: $2,586,000 - $2,836,000

3 Beds
3 Baths
2,304 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $2,700,000 $1,172 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,668/month

34 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Tennis Courts
  • Marina
  • Deck
  • Walking Distance to Water

About This Home

As of August 2024

Atlantic Ocean Beachfront! This fantastic home is on 1/3 of an acre of pristine beach with extraordinary views of Block Island, Montauk and beyond. There are views of the Atlantic Ocean beachside and lovely views of Winnapaug salt water pond on the front side. Views, views, and more views! The entire beach-facing side is ensconced with glass for explosive views from every vantage point. There are three bedrooms and one bath. Recently remodeled with new paneling, a new kitchen with a gas rangetop,a new bathroom, new flooring and a wood burning stove for fall and winter evenings! Simply grab your beach chairs, toes in the sand and move in! The expansive beachfront deck has new flooring and new railings and is perfect for your morning coffee and to watch the beauty of the Atlantic Ocean. There is a great lower level for extra storage along with two full baths. Adding to the perfection is an extraordinary screened in porch which measures 33 x 16 and is fabulous for after beach games and family fun. The porch adds so many opportunities to potentially expand living space !!! So many opportunities abound with this wonderful new offering. Located within minutes to the seaside Village resort of the Watch Hill, the iconic Ocean House and the great Olympia Tea Room.

Last Listed By

Lori Joyal

Compass / Lila Delman Compass License #REB.0016177 Listed on: 06/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,875

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Beach Front

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage Room
  • Utility Room
  • Water Views

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number 481ATLANTICAVWEST

Community Details

Overview

  • Misquamicut Beachfront Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,875

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Subdivision Name: MISQUAMICUT BEACHFRONT
  • Above Grade Finished Sq Ft: 1496.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 808.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 2304.0
  • Dining Room Type: Bathroom, Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 481ATLANTICAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17875.0
  • Tax Lot: 033
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 21, 2024
Sold by
Jennifer J Bourdain Ret and Bourdain
Bought by
Riccio Michael J and Riccio Carla
Seller's Agent
Lori Joyal
Compass / Lila Delman Compass
Buyer's Agent
Team KEY
KEY Real Estate Services
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Total Days on Market
34
Views
83
Current Estimated Value
$2,722,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,913
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Jan 7, 2022
Sold by
Sandwave Llc
Bought by
C Bourdain Ret and Bourdain

Purchase Details

Closed on
Aug 28, 2015
Sold by
481 Atlantic Ave Llc
Bought by
Sandwave Llc

Range of Values:

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
Riccio Michael J $1,350,000 None Available
Riccio Michael J $1,350,000 None Available
Riccio Michael J $1,350,000 None Available
C Bourdain Ret -- None Available
C Bourdain Ret -- None Available
Sandwave Llc $1,100,000 --
Sandwave Llc $1,100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $2,700,000 -9.8% $1,172 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $2,995,000 -- $1,300 / 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 $17,988 $1,833,600 $1,639,400 $194,200
2023 $17,639 $1,833,600 $1,639,400 $194,200
2022 $17,529 $1,833,600 $1,639,400 $194,200
2021 $16,459 $1,428,700 $1,291,600 $137,100
2020 $16,159 $1,428,700 $1,291,600 $137,100
2019 $15,980 $1,426,800 $1,291,600 $135,200
2018 $15,432 $1,299,000 $1,189,600 $109,400
2017 $15,055 $1,299,000 $1,189,600 $109,400
2016 $15,172 $1,299,000 $1,189,600 $109,400
2015 $14,444 $1,334,900 $1,213,900 $121,000
2014 $14,203 $1,334,900 $1,213,900 $121,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Westerly, RI

  • 28 Noyes Neck Rd, Westerly, RI 02891

    $2,788,000

    • 4 Beds
    • 2.5 Baths
    • 4,224 Sq Ft
    • 28 Noyes Neck Rd
    • Westerly, RI

    Escape to the exclusive enclave of Weekapaug, where this beautifully maintained Colonial Gambrel perfectly marries classic charm w/modern luxury. Just a short drive from Boston & New York City, this serene retreat is an ideal getaway for discerning buyers seeking tranquility & sophistication. The eat-in kitchen is framed by lush, mature landscaping, ensuring privacy while you dine. The expansive

    Collin Sullivan William Raveis Real Estate

    Section Image
  • 13 No Bottom Ridge Rd, Westerly, RI 02891

    $2,850,000

    • 3 Beds
    • 2.5 Baths
    • 3,319 Sq Ft
    • 13 No Bottom Ridge Rd
    • Westerly, RI

    This custom-built Contemporary home designed by the world-famous Centerbrook Architects offers an exclusive retreat in the gated No Bottom Pond community. Highlights include open space, 2 tennis courts, and protected privacy by a small hill with a stone terrace and fire pit to take in the beautiful starry night sky. With 3 bedrooms, 2.5 baths, plus 3,213 sq. ft. of living space on a sprawling

    Nancy Richmond Residential Properties Ltd.

    Section Image
  • 7 Spring Pond Rd, Westerly, RI 02891

    $3,200,000

    • 4 Beds
    • 4.5 Baths
    • 6,921 Sq Ft
    • 7 Spring Pond Rd
    • Westerly, RI

    Down the road from historic Watch Hill sits this architecturally designed shingled Cottage. Sited on 1.81 acres with over 6,000 sq. ft. of space, you can entertain a crowd or explore multi-generational living with 3 suites. The completely renovated first floor shines with refinished floors, a beach stone fireplace, a floor-to-ceiling shiplap fireplace accent wall, a coffered ceiling, custom

    Lauren Nigrelli Residential Properties Ltd.

    Section Image

Source: State-Wide MLS

MLS Number: 1362538

State-Wide MLS

APN: WEST-000155-000033