Seller's Agent in 2021
Judith Chace
Mott & Chace Sotheby's Intl.
(401) 207-9166
2 in this area
12 Total Sales
12 Seagate Dr Narragansett, RI 02882
Estimated Value: $5,323,206
5
Beds
3
Baths
2,385
Sq Ft
$2,232/Sq Ft
Est. Value
Highlights
- Beach Front
- 1.84 Acre Lot
- Cathedral Ceiling
- Narragansett Elementary School Rated A
- Cape Cod Architecture
- Wood Flooring
About This Home
As of May 2021Exceptional oceanfront setting on a private laneway off of Ocean Road in the heart of the Estate Area. With sweeping and unobstructed views of the Atlantic Ocean and crashing waves along the wide expanse of rocky coast ocean frontage, this rare 1.84 acre direct ocean setting is stunning. The sweet, classic Cape Cod style home was built in 1959 and offers 5 Bedrooms with 3 full Baths in 2385 sq.ft. There is a cozy fireplace, hardwood floors and a one of a kind first floor master suite that was an original cabana from the Dunes Club! A perfect family summer retreat to be loved and enjoyed for many years to come. The abutting and nearby homes suggest the Buyer would most likely choose to take advantage of the generous lot size and solid surrounding values and use the opportunity to build a much larger home. The property has had some engineering done and the results suggest a 4-6 Bedroom home is possible. Approved septic design to be conveyed with sale. This property was once the site of a small private family golf course! Narragansett has been a coveted summer destination since the Gilded Age and the coast remains lined with shingle-style architectural treasures. Offering the rare chance to build your own oceanfront dream.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 10/13/2020
Last Buyer's Agent
Stella Fitzsimmons
EXECUTIVE INVESTMENTS & REALTY
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,544
Year Built
- Built in 1959
Lot Details
- 1.84 Acre Lot
- Beach Front
- Cul-De-Sac
- Property is zoned R-80
Home Design
- Cape Cod Architecture
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,385 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Skylights
- Fireplace Features Masonry
- Water Views
- Unfinished Basement
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Storm Windows
- Storm Doors
Parking
- 5 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Outbuilding
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Baseboard Heating
- 100 Amp Service
- Electric Water Heater
- Cesspool
- Cable TV Available
Community Details
- Oceanfront/Ocean Road Subdivision
Listing and Financial Details
- Tax Lot 7E
- Assessor Parcel Number 12SEAGATEDRNARR
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 1998
Sold by
Richardson M S Est
Bought by
Richardson Emilie R and Richardson Alison G
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richardson Emilie R | $750,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2021 05/22/21 | Sold | $3,480,000 | -5.9% | $1,459 / Sq Ft | |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- | |
| 10/13/2020 10/13/20 | For Sale | $3,700,000 | +8.8% | $1,551 / Sq Ft | |
| 07/07/2020 07/07/20 | Sold | $3,400,000 | -4.2% | $1,426 / Sq Ft | View Prior Sale |
| 06/07/2020 06/07/20 | Pending | -- | -- | -- | |
| 04/02/2020 04/02/20 | For Sale | $3,550,000 | -- | $1,488 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $58,558 | $8,624,200 | $3,746,400 | $4,877,800 |
| 2024 | $46,912 | $7,162,100 | $3,746,400 | $3,415,700 |
| 2023 | $35,856 | $3,851,300 | $2,847,100 | $1,004,200 |
| 2022 | $27,865 | $3,096,100 | $2,847,100 | $249,000 |
| 2021 | $27,431 | $3,096,100 | $2,847,100 | $249,000 |
| 2020 | $26,169 | $2,497,000 | $2,213,100 | $283,900 |
| 2019 | $25,544 | $2,497,000 | $2,213,100 | $283,900 |
| 2018 | $24,845 | $2,497,000 | $2,213,100 | $283,900 |
| 2017 | $26,942 | $2,551,300 | $2,310,200 | $241,100 |
| 2016 | $25,717 | $2,551,300 | $2,310,200 | $241,100 |
| 2015 | $25,360 | $2,551,300 | $2,310,200 | $241,100 |
| 2014 | $25,615 | $2,551,300 | $2,310,200 | $241,100 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Chace
-
Erin Marsh
Seller Co-Listing Agent in 2021
Erin Marsh
Serhant Rhode Island
(401) 225-4106
12 in this area
41 Total Sales
-
S
Buyer's Agent in 2021
Stella Fitzsimmons
EXECUTIVE INVESTMENTS & REALTY
Map
Source: State-Wide MLS
MLS Number: 1266808
APN: NARR-000007-G000000-E000000
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