$5,000,000
SOLD AUG 8, 2024

126 Sand Hill Cove Rd Narragansett, RI 02882

4 Beds
3.5 Baths
3,044 Sq Ft
0.62 Acres

Recently Sold

$1,643 Per Sq Ft

15% Below List Price

62 Days on Market

Highlights

  • Beach Front
  • Marina
  • 0.62 Acre Lot
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Deck

About This Home

As of August 2024

Custom built in 2016, this Beach Front property is one of the nicest homes and locations in South County. Has private access to the renowned "Sand Hill Cove Beach" with a short walk along the beautiful beach to village of Galilee's famous seafood restaurants. It is important to note that this beach is protected from storms by the Harbor of Refugee wall. Hosting 4 Bedroom's, 3 Full Bath's with bonus cabana style outside bathroom, and 3 story elevator makes this home a unique beach oasis. Bathroom's have heated tile floors. Durable hurricane windows, Mahogany Decks, 4 bedroom septic and wet bar. Comes completely furnished except personal items. Enjoy stunning views of Block Island, un-beatable Sunsets, and classic Rhode Island fishing boats. Come see the house that should be in Coastal Living Magazine, and you will surely fall in love with everything it has to offer.

Last Agent to Sell the Property

James Durkin

Durkin Cottage Realty License #REB.0010447 Listed on: 05/10/2024

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,000

Year Built

  • Built in 2016

Lot Details

  • 0.62 Acre Lot
  • Beach Front
  • Sprinkler System

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3-Story Property
  • Elevator
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Home Gym
  • Water Views
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 126SANDHILLCOVERDNARR

Community Details

Overview

  • Sand Hill Cove Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,000

Year Built

Built in 2016

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.623
  • Subdivision Name: Sand Hill Cove
  • Above Grade Finished Sq Ft: 2694.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 350.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Tub Shower, Elevator, Cable TV
  • Living Area: 3044.0
  • Dining Room Type: Gym, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Sprinkler System, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Masonry, Shingle Siding
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27137.0
  • Parcel #: 126SANDHILLCOVERDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25000.0
  • Tax Lot: 17
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 7, 2024
Sold by
Malec William J and Malec Evelynn M
Bought by
Seacliff Hldg Co Llc
Seller's Agent
James Durkin
Durkin Cottage Realty
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$5,850,000
Sold Price
$5,000,000
Premium/Discount to List
-$850,000
-14.53%
Total Days on Market
62
Views
68
Current Estimated Value
$4,841,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$158,698
Avg. Annual Appreciation
-3.90%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Brown George A and Brown Karen C
Bought by
Malec William J and Malec Evelynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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 $4,980,000 None Available
Warranty Deed $4,980,000 None Available
Deed $1,825,000 --
Deed $1,825,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Unknown
Previous Owner $393,000 No Value Available
Previous Owner $417,000 No Value Available
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $5,000,000 -8.3% $1,643 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $5,450,000 -6.8% $1,790 / Sq Ft
05/10/2024 05/10/24 For Sale $5,850,000 -- $1,922 / 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 $24,776 $3,782,600 $2,908,500 $874,100
2023 $24,691 $2,652,100 $2,006,000 $646,100
2022 $23,869 $2,652,100 $2,006,000 $646,100
2021 $23,498 $2,652,100 $2,006,000 $646,100
2020 $24,842 $2,370,400 $1,892,400 $478,000
2019 $24,249 $2,370,400 $1,892,400 $478,000
2018 $23,585 $2,370,400 $1,892,400 $478,000
2017 $20,571 $1,948,000 $1,773,000 $175,000
2016 $17,872 $1,773,000 $1,773,000 $0
2015 $19,199 $1,931,500 $1,773,000 $158,500
2014 $21,011 $2,092,700 $1,934,200 $158,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1358863

State-Wide MLS

APN: NARR-000017-000000-J000000