NOT LISTED FOR SALE

115 Saltaire Ave Narragansett, RI 02882

Estimated Value: $1,287,000 - $1,553,000

6 Beds
3 Baths
2,400 Sq Ft
$591/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $1,200,000 $500 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,237/month

Highlights

  • Marina
  • Water Views
  • Colonial Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Deck

About This Home

As of April 2023

Welcome to 115 Saltaire Ave in the heart of Sand Hill Cove. Walk to Roger Wheeler Beach from this 2017 renovated colonial with 6 bedrooms and 3 full bathrooms. Bright and airy layout with plenty of space for guests. Featuring two family rooms, modern kitchen with stainless steel appliances and granite coutertops, large dining area, hardwood floors, central air conditioning, town water and sewer. Huge deck and two balconies allows one to take in the ocean views. Enjoy all that Narragansett has to offer from beaches, boating, fishing, restaurants, shopping, etc. Turn key!

Last Agent to Sell the Property

Kelli Improta

RI Real Estate Services License #REB.0018356 Listed on: 03/16/2023

Last Buyer's Agent

Kelli Improta

RI Real Estate Services License #REB.0018356 Listed on: 03/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,679

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Water Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 326
  • Assessor Parcel Number 115SALTAIREAVNARR

Community Details

Overview

  • Sand Hill Cove Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,679

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Sand Hill Cove
  • Above Grade Finished Sq Ft: 1662.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 738.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Living Area: 2400.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ 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, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 115SALTAIREAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5679.0
  • Tax Lot: 326
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 21, 2023
Sold by
Margate Prop Llc
Bought by
Olson Paul and Olson Kimberly
Seller's Agent
Kelli Improta
RI Real Estate Services
Buyer's Agent
Kelli Improta
RI Real Estate Services
List Price
$1,200,000
Sold Price
$1,200,000
Views
1
Current Estimated Value
$1,418,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,931
Avg. Annual Appreciation
7.69%
Original Mortgage
$730,000
Outstanding Balance
$713,117
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$717,361

Purchase Details

Closed on
Jul 6, 2021
Sold by
115 Saltaire Llc
Bought by
Margate Properties Llc

Purchase Details

Closed on
Nov 19, 2019
Sold by
Mink Russel D
Bought by
115 Saltaire Llc

Purchase Details

Closed on
Jun 24, 2019
Sold by
115 Saltaire Llc
Bought by
Mink Russell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 16, 2017
Sold by
Mink Russell D
Bought by
115 Saltaire Llc
Seller's Agent
Richard Campbell
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Robin Leclerc
Residential Properties Ltd.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%
Original Mortgage
$312,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 17, 2017
Sold by
Kline Jonathan and Torres Olga C
Bought by
Mink Russell D
Seller's Agent
Richard Campbell
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Robin Leclerc
Residential Properties Ltd.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2008
Sold by
Kline Nancy M
Bought by
Kline Jonathan and Torris Olga C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1994
Sold by
Marsh Aaron Est
Bought by
Kline Kenneth E and Kline Nancy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Olson Paul $1,200,000 None Available
Margate Properties Llc $920,000 None Available
115 Saltaire Llc -- --
Mink Russell D -- --
115 Saltaire Llc -- --
Mink Russell D $390,000 --
Kline Jonathan $190,000 --
Kline Kenneth E $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Paul $730,000
Previous Owner Mink Russell D $560,000
Previous Owner Mink Russell D $560,000
Previous Owner 115 Saltaire Llc $513,500
Previous Owner Mink Russell D $312,000
Previous Owner Kline Kenneth E $150,000
Previous Owner Kline Kenneth E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $1,200,000 0.0% $500 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,200,000 +207.7% $500 / Sq Ft
08/17/2017 08/17/17 Sold $390,000 -2.5% $254 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $399,900 -- $260 / 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 $6,241 $952,900 $379,100 $573,800
2023 $5,875 $631,000 $270,800 $360,200
2022 $5,679 $631,000 $270,800 $360,200
2021 $5,530 $624,100 $270,800 $353,300
2020 $5,980 $570,600 $244,200 $326,400
2019 $5,837 $570,600 $244,200 $326,400
2018 $3,647 $366,500 $222,000 $144,500
2017 $3,256 $308,300 $207,200 $101,100
2016 $3,108 $308,300 $207,200 $101,100
2015 $3,065 $308,300 $207,200 $101,100
2014 $3,199 $318,600 $217,500 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1331571

State-Wide MLS

APN: NARR-000326-000000-R000000