123 Circuit Dr Narragansett, RI 02882
3
Beds
2
Baths
1,467
Sq Ft
5,706
Sq Ft Lot
Highlights
- Marina
- Water Views
- Water Access
- Narragansett Elementary School Rated A
- Golf Course Community
- Colonial Architecture
About This Home
As of December 2024NEW CONSTRUCTION / TO-BE-BUILT: Wonderful opportunity for brand new custom build in highly desirable Narragansett under $1M! This Lofgren Consulting Architect Concept features beautiful unobstructed Narrow River views and design flexibility. As proposed, the builder, MG Unlimited, will develop a 2 level, 3 bedroom home with full basement. Take this idea and run with it or bring your own vision. Town water, sewer, gas and no flood insurance required! Potential to work directly with builder to conceptualize different design. Alternatively, option to buy as-is (see MLS 1367721).
***Proposed building plans shown. Final design and build budget are subject to formal agreement with builder.***
***Photos shown are taken from different project location***
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,976
Year Built
- Built in 2024
Lot Details
- 5,706 Sq Ft Lot
- Corner Lot
- Property is zoned R-10
Home Design
- Colonial Architecture
- Contemporary Architecture
- Concrete Perimeter Foundation
Interior Spaces
- 1,467 Sq Ft Home
- 2-Story Property
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Storage Room
- Utility Room
- Water Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Low Flow Plumbing Fixtures
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 3 Parking Spaces
- No Garage
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient Construction
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Insulation
- Energy-Efficient Doors
- Energy-Efficient Thermostat
- Energy-Efficient Hot Water Distribution
Outdoor Features
- Water Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- 200+ Amp Service
- High-Efficiency Water Heater
- Gas Water Heater
Listing and Financial Details
- Tax Lot 69
- Assessor Parcel Number 123CIRCUITDRNARR
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
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
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
The Fraioli-Wilson Team
Seller's Agent in 2024
The Fraioli-Wilson Team
Edge Realty RI
(401) 258-0341
19 in this area
114 Total Sales
-
Matthew Price
Seller Co-Listing Agent in 2024
Matthew Price
Edge Realty RI
(631) 835-6519
4 in this area
17 Total Sales
-
Donna Feeley
Buyer's Agent in 2024
Donna Feeley
RI Real Estate Services
(401) 524-0578
2 in this area
10 Total Sales
-
Kim Baccari
Seller's Agent in 2022
Kim Baccari
Churchill & Banks Co., LLC
(617) 642-9004
1 in this area
37 Total Sales
-
Haley Rose
Buyer's Agent in 2022
Haley Rose
Edge Realty RI
(401) 583-6005
7 in this area
33 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1367795
APN: NARR-000069-000000-000000NE
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