NOT LISTED FOR SALE

115 Central St Narragansett, RI 02882

Estimated Value: $2,207,000 - $3,161,000

5 Beds
3.5 Baths
4,891 Sq Ft
$550/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $1,210,000 $247 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $15,699/month

12 Days on Market

Highlights

  • Marina
  • Beach Access
  • Antique Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Cathedral Ceiling

About This Home

As of March 2020

"Yellow Patch" is available! A much admired historic landmark, in Narragansett's Central Street Historic District (also listed on the National Historic Register). A magnificent 4891 sq foot home designed as an enlarged version of an English rural thatch-roof cottage by Providence architect George F. Hall in 1916. This beautiful, meticulously maintained 5 bedroom, 3-1/2 bath home has been thoroughly updated while honoring and preserving its' historically significant features including a breathtaking center staircase, garden/sunroom with fountain, and gleaming in-laid hardwood floors. Updates include: new roof, 400 amp electrical service, expanded gourmet chef's kitchen with granite counters, large island & butler's pantry, new furnace, as well as 4 zone central air system. Well-landscaped corner lot with mature privacy hedges,and spacious rear yard patio overlooking fenced sunken garden.Town water and sewer. Natural gas heat. A one-of-a-kind classic minutes from Narragansett's renowned beach! Easy to Show!

Last Agent to Sell the Property

Peter McLaughlin

WATERFRONT PROPERTIES License #RES.0015704 Listed on: 02/17/2020

Last Buyer's Agent

Karen Catuogno

Abbott Properties, LLC License #REB.0018061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,116

Year Built

  • Built in 1916

Lot Details

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

Parking

  • 1 Car Attached Garage

Home Design

  • Antique Architecture
  • Stone Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 4,891 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 115CENTRALSTNARR

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,116

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2548
  • Above Grade Finished Sq Ft: 4891.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1916
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower
  • Living Area: 4891.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Masonry
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11098.0
  • Parcel #: 115CENTRALSTNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11116.0
  • Tax Lot: 70
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 30, 2020
Sold by
Estner Stephen
Bought by
Adams Bruce R and Adams Nanci E
Seller's Agent
Peter McLaughlin
WATERFRONT PROPERTIES
Buyer's Agent
Karen Catuogno
Abbott Properties, LLC
List Price
$1,275,000
Sold Price
$1,210,000
Premium/Discount to List
-$65,000
-5.1%
Current Estimated Value
$2,690,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,480,428
Avg. Annual Appreciation
15.92%
Original Mortgage
$650,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 11, 2019
Sold by
Mmm & L Llc
Bought by
Estner Stephen
Seller's Agent
Marnee Grzebien
Mott & Chace Sotheby's Intl.
Buyer's Agent
Peter McLaughlin
WATERFRONT PROPERTIES
List Price
$1,195,000
Sold Price
$1,090,000
Premium/Discount to List
-$105,000
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$872,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2010
Sold by
Verrecchia Michael A and Russell Melisa Ann
Bought by
Mmm & L Llc

Purchase Details

Closed on
Oct 1, 2007
Sold by
Benson Robert C and Benson Kerry A
Bought by
Verecchia Michael A and Verecchia Melisa Ann

Purchase Details

Closed on
Sep 6, 2000
Sold by
Pressman Robert M and Pressman Stephanie D
Bought by
Benson Robert C and Benson Kerry A
Source: Public Records

Range of Values:

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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
Adams Bruce R $1,210,000 None Available
Estner Stephen $1,090,000 --
Mmm & L Llc -- --
Verecchia Michael A $1,030,000 --
Benson Robert C $437,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Bruce R $500,000
Closed Adams Bruce R $650,000
Previous Owner Estner Stephen $872,000
Previous Owner Pressman Robert M $268,649
Previous Owner Pressman Robert M $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $1,210,000 -5.1% $247 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $1,275,000 +17.0% $261 / Sq Ft
06/11/2019 06/11/19 Sold $1,090,000 -8.8% $223 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $1,195,000 -- $244 / 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 $12,462 $1,902,600 $549,900 $1,352,700
2023 $11,222 $1,205,400 $374,100 $831,300
2022 $10,849 $1,205,400 $374,100 $831,300
2021 $10,680 $1,205,400 $374,100 $831,300
2020 $11,708 $1,117,200 $281,900 $835,300
2019 $11,429 $1,117,200 $281,900 $835,300
2018 $11,116 $1,117,200 $281,900 $835,300
2017 $10,744 $1,017,400 $252,900 $764,500
2016 $10,255 $1,017,400 $252,900 $764,500
2015 $10,113 $1,017,400 $252,900 $764,500
2014 $11,463 $1,141,700 $252,900 $888,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1247470

State-Wide MLS

APN: NARR-000070-000000-D000000