NOT LISTED FOR SALE

116 Cliff Dr Narragansett, RI 02882

Estimated Value: $2,225,000 - $2,565,000

3 Beds
2 Baths
2,424 Sq Ft
$998/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $1,557,600 $643 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $13,404 / mo

24 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • 0.92 Acre Lot

About This Home

As of December 2020

Location, location, location. Rare opportunity in one of South County's most exclusive communities. This Cliff Dr water view home is on the market for the first time in more than twenty five years. This home offers 3 beds/2 baths and just under an acre of well manicured grounds. The unparalleled panoramic views of the Atlantic, west passage, and Beavertail cannot be beat. Minutes from Narragansett Beach, Jamestown, Newport and all the fabulous local dining. Make this your dream home, the possibilities here are endless. Property includes access to a private beach, boat launch, and ocean front walking path. Estate Sale, no probate required.

Last Agent to Sell the Property

Robert Sweeney

Real Broker, LLC License #RES.0042913 Listed on: 12/05/2020

Real Broker, LLC

Last Buyer's Agent

Walter Manning

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,202

Year Built

  • Built in 1955

Lot Details

  • 39,988 Sq Ft Lot
  • Property is zoned R-40

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 116CLIFFDRNARR

Community Details

Overview

  • Anawan Cliffs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,202

Year Built

Built in 1955

Lot Details

0.92 Acres

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.918
  • Subdivision Name: Anawan Cliffs
  • Above Grade Finished Sq Ft: 2424.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2424.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • 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: 14.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

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
  • Association Fee: 900.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39988.0
  • Parcel #: 116CLIFFDRNARR
  • Zoning: R-40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11202.0
  • Tax Lot: 27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Manning Walter J
Bought by
Jedson Steve M and Jedson Karen A
Current Estimated Value
$2,273,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$749,177
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,669,036

Purchase Details

Closed on
Nov 26, 2018
Sold by
Arrigan Joan C
Bought by
Joan C Arrigan 2015 T C and Joan Arrigan

Purchase Details

Closed on
Dec 4, 1996
Sold by
Holton Robert P and Mckenney Mary E
Bought by
Arrigan Robert F and Arrigan Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jedson Steve M $1,560,370 None Available
Joan C Arrigan 2015 T C -- --
Arrigan Robert F $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jedson Steve M $810,000
Previous Owner Arrigan Robert F $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $1,557,600 +11.3% $643 / Sq Ft
12/05/2020 12/05/20 For Sale $1,399,000 -- $577 / Sq Ft
Source: State-Wide MLS

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
2025 $14,283 $2,103,500 $1,051,800 $1,051,700
2024 $13,778 $2,103,500 $1,051,800 $1,051,700
2023 $13,583 $1,459,000 $759,000 $700,000
2022 $10,578 $1,175,300 $759,000 $416,300
2021 $11,130 $1,256,200 $759,000 $497,200
2020 $11,202 $1,068,900 $738,500 $330,400
2019 $10,935 $1,068,900 $738,500 $330,400
2018 $10,636 $1,068,900 $738,500 $330,400
2017 $10,048 $951,500 $673,400 $278,100
2016 $9,591 $951,500 $673,400 $278,100
2015 $9,458 $951,500 $673,400 $278,100
2014 $8,683 $864,800 $595,700 $269,100
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1271313

State-Wide MLS

APN: NARR-000027-000000-000000NJ

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