NOT LISTED FOR SALE

1 Offshore Rd Unit 38 Narragansett, RI 02882

Estimated Value: $487,000 - $710,000

1 Bed
1 Bath
400 Sq Ft
$133/mo HOA Fee

Last Sold September 26, 2019

Last sale price $277,000 $692 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,568/month

95 Days on Market

Highlights

  • Marina
  • Beach Access
  • Private Lot
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 5-minute walk to Point Judith Fisherman's Memorial

About This Home

As of September 2019

If you've dreamed of owning your own beach house, located on a private and serene beach, look no further! This seldom-to-market offering could be Narragansett's very best kept secret! One Offshore Road Beachfront Community situates in the heart of Pt. Judith at Breakwater's Harbor of Refuge. This privately owned land and home locates in a gated community comprised of 39 units in total, where the neighbors are all about rest and relaxation. Walk the beach path and unwind on one of three private beaches that are meticulously maintained. Tie up your kayaks and motor boats at the boat beach, paddle board or surf, go crabbing, fishing, swimming, boat watching-- it's all right at your doorstep. Witness the most amazing sunsets from this beachfront location, and when the sun goes down get ready to witness the prettiest night sky as you become part of a star filled experience. What more is there to say? The home is 400 square feet in size, and adequately hosts a full bedroom, a generous sleeping loft, galley kitchen with full sized appliances, an open family room/dining area complete with a center island. This is a brand new unit, coastal colors and fine finishes will welcome you.

Last Agent to Sell the Property

Michelle Pezza

Lila Delman Compass License #RES.0043326 Listed on: 05/23/2019

Last Buyer's Agent

Michelle Pezza

Lila Delman Compass License #RES.0043326 Listed on: 05/23/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 2017

Lot Details

  • Fenced
  • Secluded Lot

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 1A32 / 167
  • Assessor Parcel Number 1OFFSHORERD38NARR

Community Details

Overview

  • Pt. Judith At Breakwater Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,090

Year Built

Built in 2017

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0367
  • Subdivision Name: Pt. Judith at Breakwater
  • Above Grade Finished Sq Ft: 400.0
  • Architectural Style: Loft
  • Building Name: Offshore Road Complex
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2017
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower
  • Living Area: 400.0
  • Stories: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Fenced
  • Lot Features: Private, Secluded
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 1599.0
  • Parcel #: 1OFFSHORERD38NARR
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2090.0
  • Tax Block: 167
  • Tax Lot: 1A32
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 26, 2019
Sold by
Delea Garry and Delea Jill
Bought by
Cournoyer Jeffrey T and Cournoyer Sharon L
Seller's Agent
Michelle Pezza
Lila Delman Compass
Buyer's Agent
Michelle Pezza
Lila Delman Compass
List Price
$349,000
Sold Price
$277,000
Premium/Discount to List
-$72,000
-20.63%
Current Estimated Value
$587,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,429
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Dec 9, 2011
Sold by
Disalvo Nancy J and Disalvo Marc
Bought by
Delea Garry and Delea Jill
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
Cournoyer Jeffrey T $204,000 --
Delea Garry $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $277,000 -20.6% $693 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $349,000 -- $873 / 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 $2,276 $347,500 $251,200 $96,300
2023 $2,597 $279,000 $179,500 $99,500
2022 $2,511 $279,000 $179,500 $99,500
2021 $2,472 $279,000 $179,500 $99,500
2020 $2,202 $210,100 $169,800 $40,300
2019 $2,149 $210,100 $169,800 $40,300
2018 $2,090 $210,100 $169,800 $40,300
2017 $2,096 $198,500 $163,000 $35,500
2016 $2,001 $198,500 $163,000 $35,500
2015 $1,973 $198,500 $163,000 $35,500
2014 $1,782 $177,500 $141,900 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1223370

State-Wide MLS

APN: NARR-000167-M000000-000132A