NOT LISTED FOR SALE

78 Ocean View Hwy Westerly, RI 02891

Estimated Value: $6,501,702

3 Beds
4.5 Baths
4,497 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $6,500,000 $1,445 Per Sq Ft

Current estimated payment $39,942/month

66 Days on Market

Highlights

  • Marina
  • Beach Access
  • 2.27 Acre Lot
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of December 2021

With the breeze of the ocean, there is simply no setting quite as magical as that of this fabulous home overlooking the ATLANTIC OCEAN and the MISQUAMICUT GOLF COURSE. With the undeniable beauty of the seaside, rolling fairways and contoured greens, this is one of the most sought-after properties in the exclusive resort community of WATCH HILL. Nestled on two and one quarter acres, you will be captivated upon entry. The welcoming spacious floor plan includes three bedrooms, along with a private suite above the garage with majestic views. In one wing of the home, there is an expansive, spectacular great room with undeniable glorious views, a formal living room, along with a formal dining room. The spacious master suite is on the main level and enjoys a large bathroom featuring the privacy and freedom to enjoy the luxury of more space for one another. There are two additional bedrooms on the lower level, plus two en-suite bathrooms. The kitchen is in the other wing of the home and offers enjoys a more casual aura with a den and office that leads to a three-season glass ensconced breezeway. This is truly a coveted one of kind offering!

Last Listed By

Lori Joyal

Compass / Lila Delman Compass License #REB.0016177 Listed on: 09/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,000

Year Built

  • Built in 1969

Lot Details

  • 2.27 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,497 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Screened Patio
  • Breezeway
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 78OCEANVIEWHWYWEST

Community Details

Overview

  • Watch Hill Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,000

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 2.27
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 4497.0
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1969
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Interior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 4497.0
  • Dining Room Type: Bathroom, Bedroom
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access
  • Exterior Features: Breezeway
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 98881.0
  • Parcel #: 78OCEANVIEWHWYWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 38000.0
  • Tax Lot: 17
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Schoonmaker Patrice H
Bought by
Gpm Ft
Total Days on Market
66
Current Estimated Value
$6,501,702

Purchase Details

Closed on
Sep 15, 1995
Sold by
Nichols Douglas R and Nichols Marjorie
Bought by
Schoonmaker James M and Schoonmaker Patrice

Range of Values:

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Average Value
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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
Gpm Ft $6,500,000 None Available
Schoonmaker James M $840,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $6,500,000 0.0% $1,445 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $6,500,000 -- $1,445 / 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 $43,836 $4,468,500 $3,667,200 $801,300
2023 $42,987 $4,468,500 $3,667,200 $801,300
2022 $42,719 $4,468,500 $3,667,200 $801,300
2021 $38,140 $3,310,800 $2,675,300 $635,500
2020 $37,445 $3,310,800 $2,675,300 $635,500
2019 $37,081 $3,310,800 $2,675,300 $635,500
2018 $38,489 $3,239,800 $2,675,300 $564,500
2017 $37,549 $3,239,800 $2,675,300 $564,500
2016 $37,841 $3,239,800 $2,675,300 $564,500
2015 $35,860 $3,314,200 $2,732,400 $581,800
2014 $35,263 $3,314,200 $2,732,400 $581,800
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1293235

State-Wide MLS

APN: WEST-000164-000017