$420,000
SOLD OCT 28, 2022

123 Circuit Dr Narragansett, RI 02882

1 Bed
1 Bath
876 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$479 Per Sq Ft

16% Below List Price

20 Days on Market

Highlights

  • River Access
  • Waterfront
  • Corner Lot
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of December 2024

Charming Bungalow with unobstructed views of Narrow River. This home has a cozy living room with stone fireplace with working gas
stove. One plus bedrooms, full bath, small kitchen that needs updating & enjoy sunsets on large wood deck. Ideal for new homeowner to bring in unique vision, summer home or vacation rental property. Situated on beautiful corner lot with mature plantings, two car parking and excellent yard for entertaining. short Walk to right of way for kayaking, paddle boarding & fishing. Enjoy small neighborhood beach. No flood insurance needed. Area amenities include shopping, close to highway, beaches and restaurants. In need of Rehab and love. Property being sold AS-IS & is Estate sale.

Last Agent to Sell the Property

Kim Baccari

Churchill & Banks Co., LLC License #RES.0044707 Listed on: 09/01/2022

Last Buyer's Agent

Haley Rose

Edge Realty RI License #RES.0045657

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Property is zoned R10

Home Design

  • Bungalow
  • Fixer Upper
  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • River Access
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 123CIRCUITDRNARR

Community Details

Overview

  • North End Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,843

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 764.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 112.0
  • Fireplace Features: Insert, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 876.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination
  • Property Condition: Fixer

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Other
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 123CIRCUITDRNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3843.0
  • Tax Lot: 69
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Dec 6, 2024
Sold by
Farrow Maureen A and Sadowski Lauren C
Bought by
Aubin Debra B
Seller's Agent
The Fraioli-Wilson Team
Edge Realty RI
Buyer's Agent
Donna Feeley
RI Real Estate Services
List Price
$995,000
Sold Price
$995,000
Views
36
Current Estimated Value
$667,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$327,234
Avg. Annual Appreciation
-51.57%

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 28, 2022
Sold by
Audet Mary E Est and Audet
Bought by
Farrow Maureen A and Sadowski Lauren C
Seller's Agent
Kim Baccari
Churchill & Banks Co., LLC
Buyer's Agent
Haley Rose
Edge Realty RI
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.36%
Original Mortgage
$378,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 25, 2022
Sold by
Audet Sarah E
Bought by
Farrow Maureen A and Sadowski Lauren C
Seller's Agent
Kim Baccari
Churchill & Banks Co., LLC
Buyer's Agent
Haley Rose
Edge Realty RI
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Basile Stephanie
Bought by
Audet Mary

Purchase Details

Closed on
Nov 20, 2003
Sold by
Arnold Robert L
Bought by
Basile Stephanie

Purchase Details

Closed on
Jan 16, 2003
Sold by
Riker Gerard B and Riker John M
Bought by
Arnold Robert L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 None Available
Warranty Deed $490,000 None Available
Warranty Deed $490,000 None Available
Executors Deed $420,000 None Available
Executors Deed $420,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $240,000 --
Deed $167,000 --
Deed $74,500 --
Deed $240,000 --
Deed $167,000 --
Deed $74,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $378,000 Purchase Money Mortgage
Previous Owner $378,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $187,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $224,000 No Value Available
Previous Owner $227,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $995,000 0.0% $678 / Sq Ft
09/04/2024 09/04/24 For Sale $995,000 +136.9% $678 / Sq Ft
10/28/2022 10/28/22 Sold $420,000 -4.3% $479 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $439,000 -12.0% $501 / Sq Ft
09/01/2022 09/01/22 For Sale $499,000 -- $570 / 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 $3,482 $531,600 $349,400 $182,200
2023 $3,976 $427,100 $249,500 $177,600
2022 $3,844 $427,100 $249,500 $177,600
2021 $3,784 $427,100 $249,500 $177,600
2020 $2,789 $266,100 $170,000 $96,100
2019 $2,722 $266,100 $170,000 $96,100
2018 $2,648 $266,100 $170,000 $96,100
2017 $2,542 $240,700 $166,800 $73,900
2016 $2,426 $240,700 $166,800 $73,900
2015 $2,393 $240,700 $166,800 $73,900
2014 $2,549 $253,900 $158,000 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1319186

State-Wide MLS

APN: NARR-000069-000000-000000NE