NOT LISTED FOR SALE

1010 Ocean Rd Narragansett, RI 02882

Estimated Value: $4,696,000 - $5,943,000

4 Beds
3.5 Baths
4,950 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $4,448,355 $899 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $29,487/month

73 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Under Construction

About This Home

As of June 2022

Seaside living at its finest is built right into this distinctive custom coastal home in Narragansett, set in a small private community with dedicated shoreline access and just a short walk away from the sands of Scarborough State Beach. Windows cover nearly the entire front of this 4,950-square-foot home, affording vistas of Narragansett Bay everywhere from the expansive kitchen to the master bedroom and a large private deck on the upper floor. The views inside the home are equally splendid, with double entry doors opening onto a two-story atrium, and the open floor plan flows seamlessly from the central living room to a spacious kitchen with custom cabinetry and professional-grade appliances. Outdoor dining is just a sliding door away on a broad side-of-house deck, with additional entertaining space on a second backyard deck accessible through the living room. The four-bedroom home includes a ground-floor suite with its own bath, partial water views, and a private entrance, creating an apartment-like sanctuary. Upstairs, the master suite occupies most of the north side of the home and features an en-suite bath with steam shower and a room-sized walk-in closet; two additional bedrooms are connected via a jack-and-jill bathroom. The eye-catching stone fireplace in the living room nods to the home's potential as a year-round residence or summer hideaway, and a built-in elevator connecting every level of the house further ensures a lifetime of making cherished memories.

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 04/11/2022

Engel & Volkers Oceanside

Last Buyer's Agent

Stella Fitzsimmons

EXECUTIVE INVESTMENTS & REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 4,950 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Stone Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessibility Features

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Hydro-Air Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 460-E
  • Assessor Parcel Number 1010OCEANRDNARR

Community Details

Overview

  • Ocean Road Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,280

Year Built

Built in 2022 | Under Construction

Lot Details

0.43 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.425
  • Subdivision Name: Ocean Road
  • Above Grade Finished Sq Ft: 4950.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Elevator Installed
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar, Bathtub, Cathedral Ceiling(s), Internal Expansion, Tub Shower, Elevator, Cable TV
  • Living Area: 4950.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System, Wooded, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Brick, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Patio, Porch
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Hydro Air, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • 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: 18513.0
  • Parcel #: 1010OCEANRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4280.0
  • Tax Lot: 460-E
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2023
Sold by
Miller Ryan J and Miller Morgan C
Bought by
Ryan J J and Ryan Morgan C
Current Estimated Value
$5,153,848

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 24, 2022
Sold by
Pro Fast Franchise Corp
Bought by
Miller Morgan C and Miller Ryan J
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Stella Fitzsimmons
EXECUTIVE INVESTMENTS & REALTY
List Price
$3,950,000
Sold Price
$4,448,355
Premium/Discount to List
$498,355
12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$2,996,250
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2021
Sold by
Ronald R S Picerne T R and Ronald Picerne
Bought by
Pro Fast Franchise Corp

Purchase Details

Closed on
May 8, 2017
Sold by
Picerne John G
Bought by
Picerne John G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ryan J J -- None Available
Miller Morgan C $3,995,000 None Available
Pro Fast Franchise Corp $499,000 None Available
Picerne John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Morgan C $2,996,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $4,448,355 +11.3% $899 / Sq Ft
04/12/2022 04/12/22 Price Changed $3,995,000 +1.1% $807 / Sq Ft
04/11/2022 04/11/22 For Sale $3,950,000 -- $798 / Sq Ft
Source: State-Wide MLS

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
2025 $23,363 $3,440,800 $724,900 $2,715,900
2024 $22,630 $3,455,000 $724,900 $2,730,100
2023 $18,573 $1,994,900 $483,100 $1,511,800
2022 $4,348 $483,100 $483,100 $0
2021 $4,280 $483,100 $483,100 $0
2020 $3,850 $367,400 $367,400 $0
2019 $1,879 $183,700 $183,700 $0
2018 $1,828 $183,700 $183,700 $0
2017 $1,967 $186,300 $186,300 $0
2016 $1,878 $186,300 $186,300 $0
2015 $1,852 $186,300 $186,300 $0
2014 $1,870 $186,300 $186,300 $0
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1307249

State-Wide MLS

APN: NARR-000149-000000-E000000

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