NOT LISTED FOR SALE

12 1st St Narragansett, RI 02882

Estimated Value: $690,715 - $883,000

2 Beds
1 Bath
648 Sq Ft
$1,213/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $415,000 $640 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,586/month

58 Days on Market

Highlights

  • Marina
  • Beach Access
  • Cottage
  • Narragansett Elementary School Rated A
  • Attic
  • Recreation Facilities

About This Home

As of August 2018

Don't miss out on this mint condition Cottage in very sought after Break Water Village. Home was rebuilt in 1998. Two minute walk to the private beach! Ideal for year round living! This home has it all; Vinyl siding , 5 zone baseboard newer roof, washer /dryer, new hot water tank , completely furnished too!

Last Agent to Sell the Property

Donald Morash

Abbott Properties, LLC License #REB.0010726 Listed on: 05/25/2018

Last Buyer's Agent

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 1950

Lot Details

  • 2,246

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Attic

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Beach Access
  • 2,246 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 12LANEONENARR

Community Details

Overview

  • Breakwater Village Subdivision

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,534

Year Built

Built in 1950

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0516
  • Subdivision Name: Breakwater VIllage
  • Above Grade Finished Sq Ft: 648.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 648.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area
  • Senior Community: No
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2246.0
  • Parcel #: 12LANEONENARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3534.0
  • Tax Lot: 42
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 1991
Sold by
Donnelly Dora
Bought by
Morrisey Mark
Current Estimated Value
$786,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
9.53%
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
Morrisey Mark $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morrisey Mark $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $415,000 -3.5% $640 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $429,900 -- $663 / 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 $3,678 $561,600 $423,800 $137,800
2023 $3,486 $374,400 $282,500 $91,900
2022 $3,370 $374,400 $282,500 $91,900
2021 $3,317 $374,400 $282,500 $91,900
2020 $3,029 $289,000 $198,900 $90,100
2019 $2,956 $289,000 $198,900 $90,100
2018 $2,876 $289,000 $198,900 $90,100
2017 $2,703 $256,000 $181,900 $74,100
2016 $2,580 $256,000 $181,900 $74,100
2015 $2,545 $256,000 $181,900 $74,100
2014 $2,652 $264,100 $181,900 $82,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Donald Morash

    Abbott Properties, LLC

  • J

    Buyer's Agent in 2018

    Janet Kermes

    Mott & Chace Sotheby's Intl.

    (401) 527-8159

    27 in this area

    75 Total Sales

    Janet Kermes
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Map

Source: State-Wide MLS

MLS Number: 1193028

State-Wide MLS

APN: NARR-000004-000000-L000000

Rhode Island Washington County Narragansett 02882

12 1st St, Narragansett, RI

This home is located at 12 1st St, Narragansett, RI 02882 since 25 May 2018 and is currently estimated at $786,179, approximately $1,213 per square foot. This property was built in 1950. 12 1st St 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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