NOT LISTED FOR SALE

1029 Boston Neck Rd Unit 3 Narragansett, RI 02882

Estimated Value: $657,000 - $723,112

2 Beds
1.5 Baths
1,564 Sq Ft
$442/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $331,000 $212 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,337/month

108 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of December 2019

DESIRABLE BONNET SHORES! THIS BEAUTIFUL AND WELL- MAINTAINED TOWNHOUSE FEATURES AN OPEN FLOOR PLAN WITH A SPACIOUS FAMILY ROOM OVERLOOKING BEAUTIFUL MANICURED GROUNDS WITH A HUGE DECK. MASTER SUITE WITH FULL BATH, LAUNDRY ON THE SECOND FLOOR, ADDITIONAL FAMILY ROOM IN THE LOWER LEVEL WITH WALKOUT ACCESS. HARDWOOD FLOORS THROUGHOUT, CENTRAL AIR AND ALARM. PRIVATE COURTYARD, NEW DECK AND SIDING. LOCATED CLOSE TO ALL NARRAGANSETT'S BEACHES AND SHOPPING. ACCESS TO KELLY BEACH AND BOAT LAUNCH LOCATED AT BONNET'S LITTLE BEACH. TOWN WATER, GAS, SEWERS, AND 3 PARKING SPACES. SELLER PAID ALL ASSESSMENTS IN FULL.

Last Agent to Sell the Property

Terry Cipolla

First Choice Real Estate Group License #RES.0032941 Listed on: 08/13/2019

Last Buyer's Agent

Terry Cipolla

First Choice Real Estate Group License #RES.0032941 Listed on: 08/13/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1989

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry in unit
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 146-6
  • Assessor Parcel Number 1029BOSTONNECKRD3NARR

Community Details

Overview

  • 11 Units
  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,965

Year Built

Built in 1989

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 1254.0
  • Building Name: TOWNHOUSES AT BONNET
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 310.0
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1564.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 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, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1029BOSTONNECKRD3NARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2965.0
  • Tax Lot: 146-6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Dec 30, 2019
Sold by
Langlois Michael A
Bought by
Mcgovern James M
Seller's Agent
Terry Cipolla
First Choice Real Estate Group
Buyer's Agent
Terry Cipolla
First Choice Real Estate Group
List Price
$359,000
Sold Price
$331,000
Premium/Discount to List
-$28,000
-7.8%
Current Estimated Value
$691,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,028
Avg. Annual Appreciation
13.48%
Original Mortgage
$161,000
Outstanding Balance
$144,018
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$534,789

Purchase Details

Listed on
Aug 13, 2019
Closed on
Dec 27, 2019
Sold by
Michael A Langlois Lt
Bought by
Langlois Michael A
Seller's Agent
Terry Cipolla
First Choice Real Estate Group
Buyer's Agent
Terry Cipolla
First Choice Real Estate Group
List Price
$359,000
Sold Price
$331,000
Premium/Discount to List
-$28,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$144,018
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$534,789

Purchase Details

Closed on
Dec 12, 2003
Sold by
Cor Cendant Mblt Fincl
Bought by
Langlois Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1995
Sold by
Ventura Kenneth A and Ventura Deborah
Bought by
Golden Shelton and Golden Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.6%
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
Mcgovern James M $331,000 None Available
Langlois Michael A -- None Available
Langlois Michael A $310,000 --
Golden Shelton $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgovern James M $161,000
Previous Owner Golden Shelton $279,000
Previous Owner Golden Shelton $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $331,000 -7.8% $212 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $359,000 -- $230 / 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 $3,342 $510,300 $0 $510,300
2023 $3,032 $325,700 $0 $325,700
2022 $2,931 $325,700 $0 $325,700
2021 $2,886 $325,700 $0 $325,700
2020 $3,037 $289,800 $0 $289,800
2019 $2,965 $289,800 $0 $289,800
2018 $2,884 $289,800 $0 $289,800
2017 $3,071 $290,800 $0 $290,800
2016 $2,931 $290,800 $0 $290,800
2015 $2,891 $290,800 $0 $290,800
2014 $2,920 $290,800 $0 $290,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Terry Cipolla

    First Choice Real Estate Group

    (401) 821-2901

    2 in this area

    137 Total Sales

    Terry Cipolla
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1231961

State-Wide MLS

APN: NARR-000146-N000000R-000003

Rhode Island Washington County Narragansett 02882

1029 Boston Neck Rd Unit 3, Narragansett, RI

This home is located at 1029 Boston Neck Rd Unit 3, Narragansett, RI 02882 since 13 August 2019 and is currently estimated at $691,028, approximately $441 per square foot. This property was built in 1989. 1029 Boston Neck Rd Unit 3 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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