NOT LISTED FOR SALE

108 Saltaire Ave Narragansett, RI 02882

Estimated Value: $1,249,000 - $1,480,000

5 Beds
2.5 Baths
2,344 Sq Ft
$588/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $615,000 $262 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $7,875/month

57 Days on Market

Highlights

  • Water Views
  • Water Access
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Colonial Architecture
  • Corner Lot

About This Home

As of May 2017

Panoramic views from Galilee to Block Island! 4-5 BR, 2.5 bath oversized colonial/contemporary fusion in Sand Hill Cove. Huge rooms, all hardwoods, wraparound deck, vaulted ceilings, tremendous garage and driveway. West and South facing sliders and LR windows maximizing views and bright rooms. Solid rental history both academic and vacation seasons. Always the first house rented! Rented 17/18 and summer weeks.

Last Agent to Sell the Property

Tom Morrill

Select Realty Services Corp License #REB.0018103 Listed on: 02/23/2017

Last Buyer's Agent

Alan Yick

KEY Real Estate Services License #REB.0018318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,696

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Property is zoned R-10

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 256
  • Assessor Parcel Number 108SALTAIREAVNARR

Community Details

Overview

  • Sand Hill Cove Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,696

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2525
  • Subdivision Name: SAND HILL COVE
  • Above Grade Finished Sq Ft: 1432.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 912.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2344.0
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Oil
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11000.0
  • Parcel #: 108SALTAIREAVNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5696.0
  • Tax Lot: 256
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Connelly Christopher T and Cardone Vito R
Bought by
18 Saltaire Llc
Current Estimated Value
$1,377,399

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 22, 2017
Sold by
Henry Peter F
Bought by
Connelly Christopher T and Cardone Vito R S
Seller's Agent
Tom Morrill
Select Realty Services Corp
Buyer's Agent
Alan Yick
KEY Real Estate Services
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$489,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 1996
Sold by
Marzilli John A and Marzilli Frances
Bought by
Henry Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.81%
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
18 Saltaire Llc -- --
Connelly Christopher T $615,000 --
Henry Peter F $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 108 Saltaire Llc $490,080
Previous Owner Connelly Christopher T $489,000
Previous Owner Henry Peter F $235,000
Previous Owner Henry Peter F $230,000
Previous Owner Henry Peter F $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $615,000 -5.2% $262 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $649,000 -- $277 / 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 $6,429 $981,600 $444,300 $537,300
2023 $6,442 $691,900 $317,400 $374,500
2022 $6,227 $691,900 $317,400 $374,500
2021 $6,130 $691,900 $317,400 $374,500
2020 $6,383 $609,100 $286,200 $322,900
2019 $6,231 $609,100 $286,200 $322,900
2018 $6,061 $609,100 $286,200 $322,900
2017 $5,984 $566,700 $283,800 $282,900
2016 $5,712 $566,700 $283,800 $282,900
2015 $5,633 $566,700 $283,800 $282,900
2014 $5,740 $571,700 $297,900 $273,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1152594

State-Wide MLS

APN: NARR-000256-000000-R000000