NOT LISTED FOR SALE

109 Conanicus Rd Narragansett, RI 02882

Estimated Value: $482,000 - $546,000

2 Beds
1 Bath
750 Sq Ft
$694/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $210,000 $280 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,055/month

Highlights

  • Marina
  • Golf Course Community
  • Furnished
  • Narragansett Elementary School Rated A
  • River Access
  • No HOA

About This Home

As of January 2022

Academic rental! This classic two-bedroom bungalow fully furnished and all new paint and flooring. Walk to Narrow River and launch kayak or paddle board after a hard day of classes. Available for the September 2022/2023 academic year.

Last Agent to Rent the Property

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 11/02/2021

RI Real Estate Services

Last Renter's Agent

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 11/02/2021

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1935

Lot Details

  • 10,019

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Laminate Flooring
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • River Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/5/22
  • Tenant pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 109CONANICUSRDNARR

Community Details

Overview

  • No Home Owners Association
  • Bonnet Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,615

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Hot Water
  • Available Date: 2022-09-05

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Bonnet Area
  • Above Grade Finished Sq Ft: 750.0
  • Architectural Style: Cabin/Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Flooring: Laminate
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 750.0
  • Stories: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront Features: River Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

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
  • HOA Rent Includes: Common Area Maintenance, Parking, Sewer, Trash Collection, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 109CONANICUSRDNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Oct 4, 2017
Sold by
Ritzau Walter J and Ritzau Vicki L
Bought by
Rei Steven
Seller's Agent
Patrick Murray
Residential Properties Ltd.
Buyer's Agent
Steven Rei
RI Real Estate Services
List Price
$249,109
Sold Price
$210,000
Premium/Discount to List
-$39,109
-15.7%
Current Estimated Value
$520,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,633
Avg. Annual Appreciation
12.23%
Original Mortgage
$168,000
Outstanding Balance
$142,145
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,488

Purchase Details

Closed on
Feb 1, 2002
Sold by
Mcpartlin Richard and Mcpartin Linda M
Bought by
Ritzau Walter J and Ritzau Vicki
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
Rei Steven $210,000 --
Ritzau Walter J $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rei Steven $168,000
Previous Owner Ritzau Walter J $184,975
Previous Owner Ritzau Walter J $192,000
Previous Owner Ritzau Walter J $35,000
Previous Owner Ritzau Walter J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Rented $2,125 +41.7% --
12/25/2021 12/25/21 Under Contract -- -- --
11/02/2021 11/02/21 For Rent $1,500 +20.0% --
12/23/2018 12/23/18 Rented $1,250 0.0% --
11/23/2018 11/23/18 Under Contract -- -- --
11/20/2018 11/20/18 For Rent $1,250 +4.2% --
11/17/2017 11/17/17 For Rent $1,200 -4.0% --
11/17/2017 11/17/17 Rented $1,250 0.0% --
10/04/2017 10/04/17 Sold $210,000 -15.7% $284 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $249,109 -- $337 / 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 $2,615 $399,300 $208,600 $190,700
2023 $2,721 $292,300 $149,000 $143,300
2022 $2,631 $292,300 $149,000 $143,300
2021 $2,590 $292,300 $149,000 $143,300
2020 $2,043 $194,900 $101,500 $93,400
2019 $1,994 $194,900 $101,500 $93,400
2018 $1,939 $194,900 $101,500 $93,400
2017 $1,831 $173,400 $108,700 $64,700
2016 $1,748 $173,400 $108,700 $64,700
2015 $1,724 $173,400 $108,700 $64,700
2014 $1,870 $186,300 $103,000 $83,300
Source: Public Records

Agents Affiliated with this Home

  • Steven Rei

    Landlord's Agent in 2022

    Steven Rei

    RI Real Estate Services

    (401) 932-5507

    19 in this area

    60 Total Sales

    Section Image
  • Patrick Murray

    Seller's Agent in 2017

    Patrick Murray

    Residential Properties Ltd.

    (401) 965-4520

    14 in this area

    35 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1297621

State-Wide MLS

APN: NARR-000250-000000-000000NE

Rhode Island Washington County Narragansett 02882

109 Conanicus Rd, Narragansett, RI

This home is located at 109 Conanicus Rd, Narragansett, RI 02882 since 02 November 2021 and is currently priced at $520,633. This property was built in 1935. 109 Conanicus 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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