NOT LISTED FOR SALE

101 Ocean Rd Narragansett, RI 02882

Estimated Value: $1,240,000 - $1,802,700

2 Beds
2 Baths
1,887 Sq Ft
$833/mo HOA Fee

Last Sold January 20, 2021

Last sale price $1,050,000 $556 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,178/month

85 Days on Market

Highlights

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

About This Home

As of January 2021

PICK UP THE PHONE and call about this condo before you miss out on an opportunity that comes along once in a blue moon! First floor, 2 bedroom, 2 bath, nearly 1900 square foot condo with endlessly amazing views of the ocean in all it's glorious splendor! Hardwood floors, an open living space, spacious closets, and two covered patios with stunning views are all details you will remember from a visit to 101 Ocean. Multiple sets of sliders bring sun and salt air into your life (not to mention awe-inspiring sunrises, shimmering moonrises and cotton candy clouds of sunsets), and access to all the best things Narragansett has to offer are at your doorstep...the seawall, Coast Guard House, and Narragansett Beach, to name a few. With a little imagination you can transform this space into the gorgeous and inspired home where you will truly experience the feel of an endless vacation. People travel thousands of miles to enjoy this incredibly special place on the planet, and now this slice of heaven can be yours to enjoy each and every day. If there are not enough signs in the world that you should start living your best life NOW, then take this new listing as one more leading you in the direction of your happy and peaceful place.

Last Agent to Sell the Property

Nicole Maine

Lila Delman Compass Listed on: 09/26/2020

Last Buyer's Agent

Judi Fiske

Lila Delman Compass License #RES.0028316

Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,949

Year Built

  • Built in 1988

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Assigned Parking

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,887 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 101OCEANRDNARR

Community Details

Overview

  • 18 Units
  • Pier Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Public Transportation
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,949

Year Built

Built in 1988

Lot Details

0

HOA Fees

$833 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Pier
  • Above Grade Finished Sq Ft: 1887.0
  • Building Name: 101 Ocean
  • Carport Y N: Yes
  • Entry Level: 101
  • 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, Trash Compactor, Washer
  • Has Basement: Partial, 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, Hardwood, Other, Carpet
  • Interior Amenities: Tub Shower, Central Vacuum, Cable TV
  • Living Area: 1887.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No
  • Association Fee: 833.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 101OCEANRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 8949.0
  • Tax Lot: 136
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Jan 19, 2021
Sold by
Barbara E Reynolds Rt
Bought by
Elizabeth K Hicks Lt
Seller's Agent
Nicole Maine
Lila Delman Compass
Buyer's Agent
Judi Fiske
Lila Delman Compass
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,568,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,900
Avg. Annual Appreciation
8.53%
Original Mortgage
$840,000
Outstanding Balance
$755,175
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$773,430

Purchase Details

Closed on
Dec 1, 2015
Sold by
Tarro Robert E
Bought by
Shuster Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.87%

Purchase Details

Closed on
Nov 7, 1990
Sold by
Marc David Prop Inc
Bought by
Reynolds John L

Purchase Details

Closed on
Dec 16, 1988
Sold by
Marc Daved Prop Inc
Bought by
Fontaine Walter
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
Elizabeth K Hicks Lt -- None Available
Shuster Michael H $1,025,000 --
Reynolds John L $245,000 --
Fontaine Walter $322,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizabeth K Hicks Lt $840,000
Previous Owner Shuster Michael H $416,000
Previous Owner Fontaine Walter $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,050,000 -4.5% $556 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $1,100,000 -- $583 / 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 $9,568 $1,460,800 $0 $1,460,800
2023 $9,708 $1,042,800 $0 $1,042,800
2022 $9,385 $1,042,800 $0 $1,042,800
2021 $8,872 $1,001,400 $0 $1,001,400
2020 $9,426 $899,400 $0 $899,400
2019 $9,201 $899,400 $0 $899,400
2018 $8,949 $899,400 $0 $899,400
2017 $7,823 $740,800 $0 $740,800
2016 $7,467 $740,800 $0 $740,800
2015 $7,364 $740,800 $0 $740,800
2014 $7,051 $702,300 $0 $702,300
Source: Public Records

Agents Affiliated with this Home

  • Nicole Maine

    Seller's Agent in 2021

    Nicole Maine

    Lila Delman Compass

    (401) 363-3710

    45 in this area

    254 Total Sales

    Nicole Maine
    Section Image
  • Judi Fiske

    Buyer's Agent in 2021

    Judi Fiske

    Lila Delman Compass

    (401) 862-5138

    8 in this area

    24 Total Sales

    Judi Fiske
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1265215

State-Wide MLS

APN: NARR-000136-D000000-000101

Rhode Island Washington County Narragansett 02882

101 Ocean Rd, Narragansett, RI

This home is located at 101 Ocean Rd, Narragansett, RI 02882 since 26 September 2020 and is currently estimated at $1,568,900, approximately $831 per square foot. This property was built in 1988. 101 Ocean Rd is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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