NOT LISTED FOR SALE

12 Merriweather Ave Narragansett, RI 02882

Estimated Value: $784,000 - $856,000

2 Beds
1 Bath
1,023 Sq Ft
$794/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $300,000 $293 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $4,702/month

41 Days on Market

Highlights

  • Wood Flooring
  • Walking Distance to Water
  • Bungalow
  • Narragansett Elementary School Rated A
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2016

COMPLETE RENOVATION OR NEW BUILT DREAM HOUSE AWAITS IN DESIRABLE BONNET SHORES. DELIGHTFUL LOT CLOSE TO KELLY BEACH AND ALL WONDERFUL ATTRACTIONS NARRAGANSETT HAS TO OFFER. BEING SOLD "AS IS"

Last Agent to Sell the Property

Julie Grundy

Coastview Realty, Llc License #REB.0017048 Listed on: 07/13/2016

Last Buyer's Agent

Julie Grundy

Coastview Realty, Llc License #REB.0017048 Listed on: 07/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1928

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned R10

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Shingle Siding

Interior Spaces

  • 1,023 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Underground Utilities
  • Oil Water Heater

Community Details

  • Bonnet Shores Subdivision

Listing and Financial Details

  • Tax Lot 451
  • Assessor Parcel Number 12MERRIWEATHERAVNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,785

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1377
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 1023.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Living Area: 1023.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6000.0
  • Parcel #: 12MERRIWEATHERAVNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2785.1
  • Tax Lot: 451
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Sep 23, 2016
Sold by
Fusco Domenic F
Bought by
Sadowski Matthew J and Farrow Lauren C
Seller's Agent
Julie Grundy
Coastview Realty, Llc
Buyer's Agent
Julie Grundy
Coastview Realty, Llc
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$812,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,687
Avg. Annual Appreciation
11.64%
Original Mortgage
$291,000
Outstanding Balance
$232,589
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$580,098

Purchase Details

Closed on
Apr 14, 2016
Sold by
Fusco Maureen
Bought by
Fusco Domenic F

Purchase Details

Closed on
Nov 19, 1973
Bought by
Fusco Domenic F
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
Sadowski Matthew J $300,000 --
Fusco Domenic F -- --
Fusco Domenic F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadowski Matthew J $291,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $300,000 -3.2% $293 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $310,000 -- $303 / 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 $4,522 $690,400 $425,000 $265,400
2023 $4,390 $471,500 $250,000 $221,500
2022 $4,244 $471,500 $250,000 $221,500
2021 $4,177 $471,500 $250,000 $221,500
2020 $3,342 $318,900 $188,200 $130,700
2019 $3,262 $318,900 $188,200 $130,700
2018 $2,977 $299,200 $188,200 $111,000
2017 $2,929 $277,400 $192,500 $84,900
2016 $2,796 $277,400 $192,500 $84,900
2015 $2,757 $277,400 $192,500 $84,900
2014 $3,013 $300,100 $192,500 $107,600
Source: Public Records

Agents Affiliated with this Home

  • Julie Grundy

    Seller's Agent in 2016

    Julie Grundy

    Coastview Realty, Llc

    (401) 255-1031

    1 in this area

    23 Total Sales

    Julie Grundy
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Map

Source: State-Wide MLS

MLS Number: 1131483

State-Wide MLS

APN: NARR-000451-000000-000000NR

Rhode Island Washington County Narragansett 02882

12 Merriweather Ave, Narragansett, RI

This home is located at 12 Merriweather Ave, Narragansett, RI 02882 since 13 July 2016 and is currently estimated at $812,687, approximately $794 per square foot. This property was built in 1928. 12 Merriweather Ave 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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