NOT LISTED FOR SALE

118 Bonnet Shores Rd Unit B Narragansett, RI 02882

Estimated Value: $807,705 - $1,090,000

2 Beds
1 Bath
1,300 Sq Ft
$707/Sq Ft Est. Value

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Narragansett Elementary School Rated A
  • No HOA
  • Bathtub with Shower

About This Home

As of January 2022

YEARLY 2 bed 1 bath rental in NARRAGANSETT down the road from Bonnet beach. Perfect for a couple or a small family trying to get their kids in the Narragansett school systems. New bathroom, new flooring throughout, and fresh paint. Appliances and washer and dryer already in unit. Your own driveway for parking. Community center right next door. Half of a duplex. Ready to for occupancy ASAP.

Last Agent to Rent the Property

Sheil Team

Mott & Chace Sotheby's Intl. Listed on: 01/07/2022

Mott & Chace Sotheby's Intl.

Last Renter's Agent

Sheil Team

Mott & Chace Sotheby's Intl. Listed on: 01/07/2022

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,384

Year Built

  • 1860

Lot Details

  • 0.75

Home Design

  • Entry on the 1st floor
  • Clapboard

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 5 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/1/22
  • 12 Month Lease Term
  • Assessor Parcel Number 118BONNETSHORESRDBNARR

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bonnet Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,384

Year Built

1860

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2022-02-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Bonnet
  • Above Grade Finished Sq Ft: 1300.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1860

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: None
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1300.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Sewer Assessment(s)
  • Water Source: Water Assessment(s)

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: No
  • Pets Allowed: Call, No, Negotiable

Lot Info

  • Parcel #: 118BONNETSHORESRDBNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Pier Investments Llc
Bought by
G & G Bonnet Shores Llc
Current Estimated Value
$918,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2021
Sold by
Rapoza Mathew J and Rapoza Kaitlin
Bought by
Pier Investments Llc

Purchase Details

Listed on
Nov 4, 2020
Closed on
Sep 30, 2020
Sold by
Mairs David A
Bought by
Rapoza Matthew J and Rapoza Kaitlin
Seller's Agent
Sheil Team
Mott & Chace Sotheby's Intl.
Buyer's Agent
Sheil Team
Mott & Chace Sotheby's Intl.
Sold Price
$1,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1998
Sold by
Blj Realty Co Inc
Bought by
Mairs David A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
G & G Bonnet Shores Llc $810,000 None Available
G & G Bonnet Shores Llc $810,000 None Available
G & G Bonnet Shores Llc $810,000 None Available
Pier Investments Llc -- None Available
Pier Investments Llc -- None Available
Pier Investments Llc -- None Available
Rapoza Matthew J $440,000 None Available
Rapoza Matthew J $440,000 None Available
Rapoza Matthew J $440,000 None Available
Mairs David A $195,000 --
Mairs David A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G & G Bonnet Shores Llc $607,500
Previous Owner Rapoza Matthew J $330,000
Previous Owner Mairs David A $315,000
Previous Owner Mairs David A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 For Rent $1,800 0.0% --
01/07/2022 01/07/22 Rented $1,800 +2.9% --
11/04/2020 11/04/20 For Rent $1,750 0.0% --
11/04/2020 11/04/20 Rented $1,750 -- --
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
2025 $5,384 $793,000 $375,000 $418,000
2024 $5,194 $793,000 $375,000 $418,000
2023 $4,222 $453,500 $214,300 $239,200
2022 $4,082 $453,500 $214,300 $239,200
2021 $4,018 $453,500 $214,300 $239,200
2020 $4,110 $392,200 $178,400 $213,800
2019 $4,012 $392,200 $178,400 $213,800
2018 $3,902 $392,200 $178,400 $213,800
2017 $4,344 $411,400 $217,400 $194,000
2016 $4,147 $411,400 $217,400 $194,000
2015 $4,089 $411,400 $217,400 $194,000
2014 $3,722 $370,700 $176,700 $194,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2022

    Sheil Team

    Mott & Chace Sotheby's Intl.

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Map

Source: State-Wide MLS

MLS Number: 1301141

State-Wide MLS

APN: NARR-000254-000000-000000NR

Rhode Island Washington County Narragansett 02882

118 Bonnet Shores Rd Unit B, Narragansett, RI

Not Listed for Sale

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