NOT LISTED FOR SALE

1 Elizabeth Rd Narragansett, RI 02882

Estimated Value: $1,425,000 - $1,963,000

3 Beds
2 Baths
1,696 Sq Ft
$957/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $935,000 $551 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,427/month

52 Days on Market

Highlights

  • Marina
  • Water Views
  • Colonial Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of September 2021

Unbridled views of the Atlantic Ocean. Situated directly across the street from the gorgeous & expansive Scarborough State Beach. All of this within the captivating seaside splendor of Narragansett WITHOUT the usually associated multi-million price tag. DO NOT miss the opportunity to acquire this extremely rare offering. 1 Elizabeth Road is the perfect opportunity for savvy entrepreneurs exploring solid investment opportunities, individuals searching for a vacation home or folks establishing a new primary residence.

Last Agent to Sell the Property

Matthew Robenhymer

Ann O'Brien Realty License #REB.0018781 Listed on: 06/29/2021

Co-Listed By

Nathan Robenhymer

Ann O'Brien Realty License #RES.0044532

Last Buyer's Agent

Team KEY

KEY Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,907

Year Built

  • Built in 1997

Lot Details

  • 3,615 Sq Ft Lot
  • Property is zoned R-10

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Storm Doors
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 1ELIZABETHRDNARR

Community Details

Overview

  • Scarborough Hills Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,907

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.083
  • Co List Office Mls Id: OBRI
  • Co List Office Phone: 401-782-3900
  • Subdivision Name: Scarborough Hills
  • Above Grade Finished Sq Ft: 1696.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1696.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom, Porch
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless, Partial
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, 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: 3615.48
  • Parcel #: 1ELIZABETHRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8906.96
  • Tax Lot: 113
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
1 Elizabeth Road Llc
Bought by
Jacques Robert T and Jacques Denise M
Current Estimated Value
$1,622,328

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 31, 2021
Sold by
Armstrong Kelli-Ann and Walsh Michael J
Bought by
1 Elizabeth Road Llc
Seller's Agent
Matthew Robenhymer
Ann O'Brien Realty
Buyer's Agent
Team KEY
KEY Real Estate Services
List Price
$910,000
Sold Price
$935,000
Premium/Discount to List
$25,000
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%

Purchase Details

Listed on
Mar 13, 2014
Closed on
Sep 11, 2014
Sold by
Scarbori Hills Rt
Bought by
Armstrong Kelli Ann and Armstrong Michael J
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Matthew Robenhymer
Ann O'Brien Realty
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$417,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1988
Sold by
Markarian Shoghere
Bought by
Hicks Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,200
Interest Rate
10.66%
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
Jacques Robert T $935,000 None Available
1 Elizabeth Road Llc $935,000 None Available
Armstrong Kelli Ann $600,000 --
Hicks Donald $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Donald $417,000
Previous Owner Hicks Donald $146,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $935,000 +2.7% $551 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $910,000 +51.7% $537 / Sq Ft
09/12/2014 09/12/14 Sold $600,000 -5.5% $354 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $635,000 -- $374 / 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 $9,917 $1,514,100 $1,071,000 $443,100
2023 $9,359 $1,005,300 $695,500 $309,800
2022 $9,048 $1,005,300 $695,500 $309,800
2021 $8,907 $1,005,300 $695,500 $309,800
2020 $8,252 $787,400 $536,800 $250,600
2019 $8,055 $787,400 $536,800 $250,600
2018 $7,835 $787,400 $536,800 $250,600
2017 $7,423 $702,900 $507,200 $195,700
2016 $7,085 $702,900 $507,200 $195,700
2015 $6,987 $702,900 $507,200 $195,700
2014 $7,689 $765,800 $576,400 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1286977

State-Wide MLS

APN: NARR-000113-000000-K000000