5 Rip Tide Drive

Closed 9/28/18
Closed 9/28/18
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Last Sold Price
$580,000
4 beds3,352 sqft$173/sqft
5 Rip Tide Dr, Westerly, RI 02891

Description

Misquamicut's premiere investment opportunity! Currently only one of the few two family homes in all Misquamicut Beach! This wonderful home offers two spacious levels that have Winnapaug pond and Atlantic Ocean water views and is less than a 5 minute walk to the beautiful beaches of Misquamicut. The first level has two large bedrooms, a full bath, a living room, an eating area. a kitchen… plus there is a family room which serves as an overflow for your overnight guests. The upper level has...Misquamicut's premiere investment opportunity! Currently only one of the few two family homes in all Misquamicut Beach! This wonderful home offers two spacious levels that have Winnapaug pond and Atlantic Ocean water views and is less than a 5 minute walk to the beautiful beaches of Misquamicut. The first level has two large bedrooms, a full bath, a living room, an eating area. a kitchen… plus there is a family room which serves as an overflow for your overnight guests. The upper level has an expansive deck with lovely views and a hot tub! There is wonderful natural lighting in the open floor plan which encompasses a great cooking kitchen, an eating area and a family room with a fireplace. Cathedral ceilings offer light from every vantage point. There is a large master bedroom with a fireplace and sliders to the deck and hot tub. In addition, there is another bedroom which can also serve as an office. Great investment for rental income. This home had been carefully maintained and has manicured grounds that include a beautiful white fence and underground sprinklers! This is a simply move in and enjoy property in the wonderful coastal retreat of Misquamicut. Also listed MLS 1194741
LISTING CLOSED: 09/28/2018 12:00 AM

Listing Agent

  1. Lori Joyal

    Lori Joyal

    Listing Agent

    Lila Delman Real Estate

    P: (401) 742-1225

    CallText

Property Details for 5 Rip Tide Drive

Status
Closed
MLS #
1194748
Days on Market
61
Taxes
$6,075 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
1960
Lot Size
0.26 AC / 11,307 SF
County
Washington County
Subdivision Name
MISQUAMICUT BEACH
Waterfront Features
Beach Access, Walk To Water
View
Saltwater, Water

Recent comparable sales

Median sold price

$610,000

Avg days on market

35

Sale-to-list ratio

93.6%

Westerly, RI

9 comparable properties found

$525,000 | 8 Perkins Avenue, Westerly, RI 02891
1/48
1

$525,000

Sold 06/18/26

4
Bedrooms
3,393
Square Feet
0.21
Acres

8 Perkins Avenue, Westerly, RI 02891

$610,000 | 116 Winnapaug Road, Westerly, RI 02891
1/2
2

$610,000

Sold 08/12/25

4
Bedrooms
1,920
Square Feet
0.5
Acres

116 Winnapaug Road, Westerly, RI 02891

$638,000 | 9 Cedar Crest Drive, Westerly, RI 02891
3

$638,000

Sold 01/06/26

3
Bedrooms
3,475
Square Feet
0.41
Acres

9 Cedar Crest Drive, Westerly, RI 02891

$625,000 | 56 Granite Street, Westerly, RI 02891
1/2
4

$625,000

Sold 05/01/26

4
Bedrooms
2,374
Square Feet
0.23
Acres

56 Granite Street, Westerly, RI 02891

$532,000 | 50 Sherwood Drive, Westerly, RI 02891
1/34
5

$532,000

Sold 07/03/25

4
Bedrooms
2,340
Square Feet
0.75
Acres

50 Sherwood Drive, Westerly, RI 02891

$530,000 | 6 Marion Street, Westerly, RI 02891
1/27
6

$530,000

Sold 06/02/26

4
Bedrooms
1,449
Square Feet
0.17
Acres

6 Marion Street, Westerly, RI 02891

$642,500 | 67 East Avenue, Westerly, RI 02891
1/50
7

$642,500

Sold 09/05/25

5
Bedrooms
3,148
Square Feet
1.36
Acres

67 East Avenue, Westerly, RI 02891

8

$625,000

Sold 12/23/24

4
Bedrooms
2.5
Bathrooms
2,224
Square Feet
0.50
Acres

16 Babcock Road, Westerly, RI 02891

$500,000 | 54 Sherwood Drive, Westerly, RI 02891
1/40
9

$500,000

Sold 05/18/26

3
Bedrooms
3,744
Square Feet
0.77
Acres

54 Sherwood Drive, Westerly, RI 02891

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Location

Listing Courtesy of Lila Delman Real Estate

Sold By eXp Realty

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Building Information for 5 Rip Tide Drive

Stories2Residences4Year Built1960Building Size-Lot Size0.26 AC / 11,307 SF

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$3,454 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,948

Property Taxes

$506

HOA Dues

$0

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Property Information for 5 Rip Tide Drive

Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Marina
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 5343
  • State Or Province: RI
  • View Y N: Yes
  • Human Modified Y N: No
Parking
  • Carport Y N: Yes
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: Carport
  • Parking Total: 10
Taxes and HOA Information
  • Tax Annual Amount: $6,075.00
  • Tax Assessed Value: 512200
  • Tax Lot: 96
  • Tax Year: 2017
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 3352.0
  • Building Area Total: 3352.0
  • Living Area Source: Public Records
  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.2596
  • Lot Size Area: 11307.0
  • Lot Size Square Feet: 11307.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 5RIPTIDEDRWEST
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1960
  • C L I P: 2,749,640,501
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Sprinkler Irrigation
Interior Features
  • Appliances: Dishwasher, Refrigerator, Water Heater
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Laundry Features: In Unit
  • Patio And Porch Features: Porch
  • Rooms Total: 9
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Owner
  • Unit Type Area: 880.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 929.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 5 Rip Tide Drive

DateEvent & SourcePriceAppreciation
Sep 28, 2018

Sold (Public Record)

Public Record #632104257

$580,000—
Sep 28, 2018

Sold

Rhode Island Association of REALTORS® #1194748

$580,000—
Aug 13, 2018

Permanently Off Market

Rhode Island Association of REALTORS® #1194742

—
DateEvent & SourcePrice
09/28/2018

Sold (Public Record)

Public Record #632104257

$580,000
09/28/2018

Sold

Rhode Island Association of REALTORS® #1194748

$580,000
08/13/2018

Permanently Off Market

Rhode Island Association of REALTORS® #1194742

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Rip Tide Drive

Taxable ValueLand$699,200Additions$308,200Total$1,007,400
Tax Record2025$7,163 ($597 / month)
Home Facts
Baths2.5Total Finished SqFt2,029 SqFtAbove Grade Finished SqFt2,029 SqFtStories2Lot Size11,307 SqFtStyleDuplexYear Built1960Year Renovated1960CountyWASHINGTONAPNWEST M:165 B:196

Schools near 5 Rip Tide Drive

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
Westerly Middle School
Public - 5 to 8
Westerly High School
Public - 9 to 12
Dunn's Corners School
Public - K to 4
State Street School
Public - K to 4
Rating
School
Distance
Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

Dunn's Corners School
PublicK to 4

State Street School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Rip Tide Drive, Westerly, RI 02891
$580,000
4
3,352
11,307
3 Rip Tide Drive, Westerly, RI 02891
–
2
1
1,060
11,307
7 Rip Tide Drive, Westerly, RI 02891
$341,000
2
725
11,307
40 1st Street, Westerly, RI 02891
–
–
–
3,330
11,256
31 Montauk Avenue, Westerly, RI 02891
$675,000
3
2,052
9,975
38 1st Street, Westerly, RI 02891
$435,000
2
2
1,264
11,250

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lila Delman Real Estate

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.