NOT LISTED FOR SALE

1 Avice St Narragansett, RI 02882

Estimated Value: $898,000 - $1,166,000

3 Beds
2.5 Baths
2,789 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $535,000 $192 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,904/month

95 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Corner Lot
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Game Room

About This Home

As of April 2019

Many recent updates to this 3 bed 2.5 bath custom cape in the heart of Narragansett! Completely renovated eat-in-kitchen with all new cabinets, counter tops, center island with built in draw microwave, stainless refrigerator, dishwasher gas stove, and beautiful tile flooring! The kitchen area is open to the formal dining room which creates terrific flow for entertaining. The dining room has terrific detail with columns, molding and wainscoting. The first floor also boasts a large living room area with wood burning fireplace. Upstairs there is a large master bedroom with master bath, walk in closet and office area, two additional bedrooms and a second full bath round out the second floor living area. Other updates include a huge family room with play area in the finished basement as well as top of the line gas high efficiency heat and hot water, new portico entry at front door, newer roof and bump out window in kitchen. There are sliders off the kitchen to a huge back deck and completely fenced in back yard. You are literally in the middle of all Narragansett has to offer, beaches, restaurants, shops and schools!!

Last Agent to Sell the Property

John Biafore

Lighthouse Real Estate Group License #REB.0018926 Listed on: 12/04/2018

Last Buyer's Agent

Steve Cook

Compass License #REB.0016817

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,792

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Game Room
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15-1
  • Assessor Parcel Number 1AVICESTNARR

Community Details

Overview

  • Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,792

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2526
  • Subdivision Name: Pier
  • Above Grade Finished Sq Ft: 2039.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 750.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 2789.0
  • Dining Room Type: Game Room, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11003.0
  • Parcel #: 1AVICESTNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4792.0
  • Tax Lot: 15-1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Cannon John M and Cannon Sara
Bought by
John M & Sara E Cannon Lt and Cannon
Current Estimated Value
$1,014,395

Purchase Details

Listed on
Dec 4, 2018
Closed on
Apr 9, 2019
Sold by
Desimone Peter C and Pandolfo Susan J
Bought by
Cannon John M and Cannon Sara
Seller's Agent
John Biafore
Lighthouse Real Estate Group
Buyer's Agent
Steve Cook
Compass
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$481,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2011
Closed on
Mar 30, 2012
Sold by
Alves Maria F and Alves Manuel S
Bought by
Desimone Peter C and Panolfo Susan J
Seller's Agent
SENOR KEN
RE/MAX FLAGSHIP, INC.
Buyer's Agent
John Biafore
Lighthouse Real Estate Group
List Price
$449,900
Sold Price
$355,000
Premium/Discount to List
-$94,900
-21.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$346,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Sold by
Handrigan T Brian T and Handrigan Grace
Bought by
Alves Manuel S and Alves Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
John M & Sara E Cannon Lt -- None Available
Cannon John M $535,000 --
Desimone Peter C $355,000 --
Alves Manuel S $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon John M $478,400
Previous Owner Cannon John M $481,500
Previous Owner Alves Manuel S $332,000
Previous Owner Alves Manuel S $346,000
Previous Owner Alves Manuel S $180,000
Previous Owner Alves Manuel S $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $535,000 -2.7% $192 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $549,900 +54.9% $197 / Sq Ft
03/30/2012 03/30/12 Sold $355,000 -21.1% $174 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $449,900 -- $221 / 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 $4,657 $711,000 $257,500 $453,500
2023 $4,666 $501,200 $190,800 $310,400
2022 $4,511 $501,200 $190,800 $310,400
2021 $4,441 $501,200 $190,800 $310,400
2020 $4,756 $453,800 $164,300 $289,500
2019 $4,642 $453,800 $164,300 $289,500
2018 $4,515 $453,800 $164,300 $289,500
2017 $4,048 $383,300 $160,800 $222,500
2016 $3,864 $383,300 $160,800 $222,500
2015 $3,810 $383,300 $160,800 $222,500
2014 $3,787 $377,200 $149,400 $227,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1210704

State-Wide MLS

APN: NARR-000015-O000000-000001