NOT LISTED FOR SALE

12 Park Ave Unit 5 Narragansett, RI 02882

Estimated Value: $587,000 - $769,000

3 Beds
3 Baths
1,324 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $299,900 $227 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,781/month

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Narragansett Elementary School Rated A
  • Deck
  • 1-minute walk to Christofaro Park

About This Home

As of November 2022

Come see this beautiful 3 bedroom, 3 (full) bathroom, 3 level town home in Narragansett Highlands - Narragansett's best kept secret! 18-MONTH LEASE REQUIRED PER HOA RULES - unit available starting Nov. 1, 2022. Conveniently located in the north end of town, close to Bonnet Shores and just a 5 minute drive to Narragansett Town Beach & the Pier, the unit is less than 10 years old and is in absolutely pristine shape. Layout offers a bedroom on the first level, hardwoods up the stairs and on the main (2nd floor) level that includes a living room, dining area and granite & stainless kitchen with access to an ample deck with serene wooded views out back, plus a full bath with a gorgeous river rock floor. The 3rd level has 2 more bedrooms and 2 more full bathrooms. A custom designed stone gas fireplace was added in the living room creating both ambiance and warmth. In-unit laundry and 1-car garage complete the package. $2850/ month, tenant pays own utilities.

Last Agent to Rent the Property

Gladys Barbosa

Edge Realty RI License #RES.0030485 Listed on: 10/30/2022

Last Renter's Agent

Amanda Londono

Serhant Rhode Island License #RES.0046850

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2013

Lot Details

  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,324 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Property Available on 11/1/22
  • 12 Month Lease Term
  • Assessor Parcel Number 12PARKAV5NARR

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • North End/Bonnet Shores Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2013

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2022-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: North End/Bonnet Shores Area
  • Above Grade Finished Sq Ft: 1324.0
  • Building Name: Narragansett Highlands
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Insert, Gas, Stone, Tile
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other, Carpet
  • Interior Amenities: Tub Shower, Central Vacuum, Cable TV
  • Living Area: 1324.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved, Wooded
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Laundry Facilities, Parking, Snow Removal, Trash Collection, Water
  • Association: No
  • Pets Allowed: Call, No, Negotiable

Lot Info

  • Parcel #: 12PARKAV5NARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Feb 27, 2015
Sold by
Highland Narragansett
Bought by
Sheehan Cynthia A
Seller's Agent
Bonnie Begos
Flagship Real Estate Advisors
Buyer's Agent
Medelise Reifsteck
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$664,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,804
Avg. Annual Appreciation
7.65%
Original Mortgage
$269,910
Outstanding Balance
$202,769
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$461,935
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
Sheehan Cynthia A $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Cynthia A $269,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2022 10/30/22 For Rent $2,850 +1.8% --
10/30/2022 10/30/22 Rented $2,800 0.0% --
02/27/2015 02/27/15 Sold $299,900 0.0% $227 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
02/24/2014 02/24/14 For Sale $299,900 -- $227 / 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
2025 $3,412 $502,500 $0 $502,500
2024 $3,291 $502,500 $0 $502,500
2023 $3,325 $357,100 $0 $357,100
2022 $3,214 $357,100 $0 $357,100
2021 $3,164 $357,100 $0 $357,100
2020 $2,627 $250,700 $0 $250,700
2019 $2,565 $250,700 $0 $250,700
2018 $2,494 $250,700 $0 $250,700
2017 $3,069 $290,600 $0 $290,600
2016 $2,929 $290,600 $0 $290,600
2015 $2,889 $290,600 $0 $290,600
2014 $2,058 $205,000 $0 $205,000
Source: Public Records

Agents Affiliated with this Home

  • Gladys Barbosa

    Landlord's Agent in 2022

    Gladys Barbosa

    Edge Realty RI

    (401) 855-1401

    5 in this area

    32 Total Sales

    Gladys Barbosa
    Section Image

  • A

    Tenant's Agent in 2022

    Amanda Londono

    Serhant Rhode Island

    (917) 805-4408

    11 Total Sales

    Amanda Londono
    Section Image
  • Bonnie Begos

    Seller's Agent in 2015

    Bonnie Begos

    Flagship Real Estate Advisors

    (401) 954-6138

    7 in this area

    27 Total Sales

    Bonnie Begos
    Section Image

  • M

    Buyer's Agent in 2015

    Medelise Reifsteck

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1323223

State-Wide MLS

APN: NARR-000041-N000000A-000005

Rhode Island Washington County Narragansett 02882

12 Park Ave Unit 5, Narragansett, RI

Not Listed for Sale

Townhouses

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