NOT LISTED FOR SALE

1080 Boston Neck Rd Narragansett, RI 02882

Estimated Value: $605,000 - $721,000

4 Beds
2 Baths
1,520 Sq Ft
$433/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $280,000 $184 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,848/month

73 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Narragansett Elementary School Rated A
  • Deck
  • 5-minute walk to Christofaro Park

About This Home

As of August 2017

Great Narragansett Home! Excellent investment property with strong rental history or live in as a primary residence. This home offers two levels of living, 4 bedrooms, two full baths and an open floor plan. Need more room? There are expansion possibilities on the lower level with a separate walk out. Corner lot with a nice size yard, large deck and plenty of parking. Home is set back on lot situated behind mature trees that provide privacy from the road. Located on the corner of Ninigret Road and Boston Neck Rd. Close to beaches and easy commute to URI, Navy Base and highway. Bonnet Shores Beach and Narragansett Town Beach are minutes away and Newport is only a 20 minute drive. Lease in place until March 2018 $1700 per month.

Last Agent to Sell the Property

The Luxury Group

HomeSmart Professionals Listed on: 05/11/2017

Last Buyer's Agent

Medelise Reifsteck

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1993

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Property is zoned R80

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 685
  • Assessor Parcel Number 1080BostonNeckRDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,369

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2858
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 872.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 648.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1520.0
  • Dining Room Type: Bathroom, Bedroom, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • 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), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12450.0
  • Parcel #: 1080BostonNeckRDNARR
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2369.0
  • Tax Lot: 685
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 24, 2017
Sold by
Henebury George T
Bought by
Fiorenzano Francis A and Fiorenzano Debra J
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
Medelise Reifsteck
List Price
$319,000
Sold Price
$280,000
Premium/Discount to List
-$39,000
-12.23%
Current Estimated Value
$658,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,223
Avg. Annual Appreciation
10.35%
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
Fiorenzano Francis A $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henebury Richard F $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $280,000 -12.2% $184 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $319,000 -- $210 / 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 $3,228 $492,800 $190,200 $302,600
2023 $3,015 $323,800 $112,300 $211,500
2022 $2,914 $323,800 $112,300 $211,500
2021 $2,869 $323,800 $112,300 $211,500
2020 $2,888 $275,600 $105,000 $170,600
2019 $2,819 $275,600 $105,000 $170,600
2018 $2,742 $275,600 $105,000 $170,600
2017 $2,471 $234,000 $104,000 $130,000
2016 $2,359 $234,000 $104,000 $130,000
2015 $2,326 $234,000 $104,000 $130,000
2014 $2,512 $250,200 $104,000 $146,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1159295

State-Wide MLS

APN: NARR-000685-000000-000000NE