NOT LISTED FOR SALE

116 Spice Bush Trail Narragansett, RI 02882

Estimated Value: $640,000 - $787,000

3 Beds
2 Baths
1,646 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 05, 2023

Last sale price $567,000 $344 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,081/month

35 Days on Market

Highlights

  • Marina
  • Beach Access
  • Cathedral Ceiling
  • Narragansett Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2023

Oversized 3 bedroom & 2 bath ranch in desirable Mettatuxet just a few blocks from Narrow River. Situated on a private lot. Additional lot (#113) being conveyed with the sale of home. Home features bright & open floor plan, hardwood floors throughout and primary bedroom with en-suite and walk in closet. Spectacular and spacious great room with lots of light, woodstove and slider to the private deck. Full basement, carport, shed, Town sewer and water. Relax on quiet deck or take a short stroll to the River for swimming, boating, fishing or join Yacht Club. Neighborhood playgroud. Boiler and oil tank are only 2 yrs old. Estate sale and being sold "as-is". Great opportunity to own one of the larger lots in Mettatuxet.
HIGHEST & BEST OFFERS DUE SUNDAY AT 2PM WRITTEN ON P & S AGREEMENT WITH PROOF OF FUNDS OR PRE-APPROVAL LETTER!

Last Agent to Sell the Property

Sharon Ford

RI Real Estate Services License #RES.0028353 Listed on: 06/21/2023

RI Real Estate Services

Last Buyer's Agent

SYLVAN VAICAITIS

WHITE ROSE REAL ESTATE License #REB.0012994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,646 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Free Standing Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113,114
  • Assessor Parcel Number 116SPICEBUSHTRLNARR

Community Details

Overview

  • Mettatuxet Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.276
  • Inclusions: Estate Sale - No Disclosures.
  • Subdivision Name: Mettatuxet
  • Above Grade Finished Sq Ft: 1646.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Free Standing, None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 1646.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Multiple lots
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Carport
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12023.0
  • Parcel #: 116SPICEBUSHTRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3754.0
  • Tax Lot: 113,114
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 4, 2023
Sold by
Karakas Joan M Est and Reed
Bought by
Ranney Austin P and Comito Veronica M
Seller's Agent
Sharon Ford
RI Real Estate Services
Buyer's Agent
SYLVAN VAICAITIS
WHITE ROSE REAL ESTATE
List Price
$539,000
Sold Price
$567,000
Premium/Discount to List
$28,000
5.19%
Views
188
Current Estimated Value
$704,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,682
Avg. Annual Appreciation
10.91%
Original Mortgage
$453,600
Outstanding Balance
$443,896
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,786

Purchase Details

Closed on
Sep 16, 1975
Bought by
Karakas Joan M
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
Ranney Austin P $567,000 None Available
Karakas Joan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranney Austin P $453,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2023 08/05/23 Sold $567,000 +5.2% $344 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $539,000 -- $327 / 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 $3,257 $497,300 $200,300 $297,000
2023 $3,218 $345,600 $143,000 $202,600
2022 $3,110 $345,600 $143,000 $202,600
2021 $3,062 $345,600 $143,000 $202,600
2020 $3,309 $315,700 $97,400 $218,300
2019 $3,230 $315,700 $97,400 $218,300
2018 $3,141 $315,700 $97,400 $218,300
2017 $2,842 $269,100 $96,300 $172,800
2016 $2,713 $269,100 $96,300 $172,800
Source: Public Records

Agents Affiliated with this Home

  • Sharon Ford

    Seller's Agent in 2023

    Sharon Ford

    RI Real Estate Services

    (401) 440-2954

    34 in this area

    51 Total Sales

    Sharon Ford
    Section Image

  • S

    Buyer's Agent in 2023

    SYLVAN VAICAITIS

    WHITE ROSE REAL ESTATE

    (401) 465-4149

    3 in this area

    4 Total Sales

    SYLVAN VAICAITIS
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1338132

State-Wide MLS

APN: NARR M:N-G B:114

Rhode Island Washington County Narragansett 02882

116 Spice Bush Trail, Narragansett, RI

This home is located at 116 Spice Bush Trail, Narragansett, RI 02882 since 21 June 2023 and is currently estimated at $704,682, approximately $428 per square foot. This property was built in 1968. 116 Spice Bush Trail 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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