NOT LISTED FOR SALE

101 Ocean Rd Unit 106 Narragansett, RI 02882

Estimated Value: $1,269,000 - $1,729,794

2 Beds
2 Baths
1,838 Sq Ft
$779/mo HOA Fee

Last Sold June 17, 2022

Last sale price $1,400,000 $762 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,728/month

9 Days on Market

Highlights

  • Marina
  • Water Views
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wine Cellar

About This Home

As of June 2022

Nearly 2000 square feet of front row, spectacular digs to witness the glorious sea and live life to the fullest . First floor, corner unit with two ocean facing decks is your dream come true. Situated across from the seawall in the heart of the Pier, you are a short distance to shops, restaurants, Monaghan's clam shack, the Coast Guard House, incredible surfing and SUPing and the soft white sand of Narragansett Town Beach. One level living with radiant heat and open and spacious rooms, including a striking kitchen with stainless counters, mahogany cabinetry and luxury brand appliances. Two bedrooms, one with a large ensuite bathroom complete with steam shower, a huge walk-in closet and a deck and the second generous bedroom also featuring incredible views. You literally can see the ocean from every vantage point in this inspired space and the multiple sets of sliders allow easy access to the sun and salt air...not to mention the fun of the storied Narragansett Pier! Beautifully maintained landscaping and tennis courts are additional amenities of 101 Ocean. Comes with two carport parking spots, and extra parking is available for guests.

Last Agent to Sell the Property

Nicole Maine

Lila Delman Compass Listed on: 05/09/2022

Last Buyer's Agent

Barry McPeake

Ann O'Brien Realty License #RES.0033106

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,880

Year Built

  • Built in 1988

HOA Fees

  • $779 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Assigned Parking

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,838 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Thermal Windows
  • Wine Cellar
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 101OCEANRD106NARR

Community Details

Overview

  • Association fees include sewer, water
  • 18 Units
  • Pier/Seawall/Town Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,880

Year Built

Built in 1988

Lot Details

0

HOA Fees

$779 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PIER/SEAWALL/TOWN BEACH
  • Above Grade Finished Sq Ft: 1838.0
  • Building Name: 101 OCEAN
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Trash Compactor, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Central Vacuum, Elevator, Cable TV, Wine Cellar
  • Living Area: 1838.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee: 779.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Parcel #: 101OCEANRD106NARR
  • Zoning: RCONDO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 8880.3
  • Tax Lot: 136
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 15, 2022
Sold by
Jack Hulmes Jr Ret
Bought by
Tsana W Nobles Ret
Seller's Agent
Nicole Maine
Lila Delman Compass
Buyer's Agent
Barry McPeake
Ann O'Brien Realty
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Current Estimated Value
$1,504,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,699
Avg. Annual Appreciation
2.60%

Purchase Details

Closed on
Oct 23, 2019
Sold by
Hulmes Jack
Bought by
Jack Hulmes Jr Ret

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 21, 2018
Sold by
Ripp Peter and Ripp Mari
Bought by
Hulmes Jack
Seller's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
Buyer's Agent
Rebecca Donnell
BHHS New England Properties
List Price
$895,000
Sold Price
$855,000
Premium/Discount to List
-$40,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Dec 22, 2003
Sold by
Russell Robert S
Bought by
Ripp Peter and Ripp Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,200
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1990
Sold by
Marc David Prop Inc
Bought by
Russell Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.14%
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
Tsana W Nobles Ret $1,400,000 None Available
Tsana W Nobles Ret $1,400,000 None Available
Jack Hulmes Jr Ret -- --
Hulmes Jack $855,000 --
Ripp Peter $687,500 --
Russell Robert S $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Robert S $300,000
Previous Owner Russell Robert S $481,200
Previous Owner Russell Robert S $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $1,400,000 +3.7% $762 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,350,000 +57.9% $734 / Sq Ft
09/21/2018 09/21/18 Sold $855,000 -4.5% $429 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $895,000 -- $449 / 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 $9,005 $1,374,800 $0 $1,374,800
2023 $9,186 $986,700 $0 $986,700
2022 $8,880 $986,700 $0 $986,700
2021 $8,742 $986,700 $0 $986,700
2020 $9,821 $937,100 $0 $937,100
2019 $9,587 $937,100 $0 $937,100
2018 $9,324 $937,100 $0 $937,100
2017 $8,056 $762,900 $0 $762,900
2016 $7,690 $762,900 $0 $762,900
2015 $7,583 $762,900 $0 $762,900
2014 $7,262 $723,300 $0 $723,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1309654

State-Wide MLS

APN: NARR-000136-D000000-000106