NOT LISTED FOR SALE

129 Palm Beach Ave Narragansett, RI 02882

Estimated Value: $858,000 - $1,005,000

3 Beds
2 Baths
1,330 Sq Ft
$708/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $711,000 $535 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,652/month

37 Days on Market

Highlights

  • Marina
  • Beach Access
  • Cape Cod Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of April 2021

This cute, well maintained 3 bedroom, 2 bath Briggs Farm gem is an amazing opportunity for year round living, a summer getaway or as an investment rental situation. Walk 200 yards down the street to the association beach on Salt Pond. The association amenities include kayak racks, docking, beach area, boat ramp , kid's fishing dock, picnic tables on grass area and even bocce ball for a minimal fee. As you enter this cedar shingled cape a hall leads you to a light bright great room which houses the living room, dining area and brand new kitchen with a breakfast bar. Granite counters, stainless appliances, hardwood floor and gleaming white cabinets adorn the kitchen. Sliders off the great room lead to a screened in porch. A great place to hang out and feel the ocean breeze. There is a first floor bedroom and full bathroom. Upstairs find 2 bedrooms, a full bath and lots of storage. Clean off in the outdoor shower after a fun day at the beach. Low Narragansett taxes! Town sewer, water and gas as well. Sewer assessment. Close to ocean beaches, great restaurants, shopping, and the Block Island Ferry. Just turn the key and make this house your home.

Last Agent to Sell the Property

Patrice Fenton

Compass / Lila Delman Compass License #RES.0015613 Listed on: 01/27/2021

Compass / Lila Delman Compass

Last Buyer's Agent

Nicole Harding

Compass / Lila Delman Compass License #RES.0029555

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 2007

Lot Details

  • 8,407

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 8,407 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 129PALMBEACHAVNARR

Community Details

Overview

  • Briggs Farm Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,768

Year Built

Built in 2007

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.193
  • Subdivision Name: Briggs Farm
  • Above Grade Finished Sq Ft: 1330.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1330.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Porch
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8407.0
  • Parcel #: 129PALMBEACHAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3768.0
  • Tax Lot: 215
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 31, 2021
Sold by
Mcsweeney David and Mcsweeney Colleen G
Bought by
Ostrover Bruce and Ostrover Marla M
Seller's Agent
Patrice Fenton
Compass / Lila Delman Compass
Buyer's Agent
Nicole Harding
Compass / Lila Delman Compass
List Price
$629,000
Sold Price
$711,000
Premium/Discount to List
$82,000
13.04%
Total Days on Market
37
Current Estimated Value
$941,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,593
Avg. Annual Appreciation
6.97%
Original Mortgage
$400,000
Outstanding Balance
$363,970
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$577,623

Purchase Details

Closed on
Aug 25, 2005
Sold by
Briggs James R and Briggs Louisa B
Bought by
Mcsweeney David and Mcsweeney Colleen G
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 Buyer Sale Price Title Company
Ostrover Bruce $711,000 None Available
Mcsweeney David $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostrover Bruce $400,000
Previous Owner Mcsweeney David $220,000
Previous Owner Mcsweeney David $243,750
Previous Owner Mcsweeney David $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $711,000 +13.0% $535 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $629,000 -- $473 / 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 $4,291 $655,100 $272,100 $383,000
2023 $4,364 $468,700 $194,300 $274,400
2022 $4,218 $468,700 $194,300 $274,400
2021 $4,153 $468,700 $194,300 $274,400
2020 $3,768 $359,500 $116,000 $243,500
2019 $3,678 $359,500 $116,000 $243,500
2018 $3,577 $359,500 $116,000 $243,500
2017 $3,181 $301,200 $122,300 $178,900
2016 $3,036 $301,200 $122,300 $178,900
2015 $2,994 $301,200 $122,300 $178,900
2014 $3,105 $309,300 $126,600 $182,700
Source: Public Records

Agents Affiliated with this Home

  • Patrice Fenton

    Seller's Agent in 2021

    Patrice Fenton

    Compass / Lila Delman Compass

    (401) 212-6166

    3 in this area

    59 Total Sales

    Patrice Fenton
    Section Image

  • N

    Buyer's Agent in 2021

    Nicole Harding

    Compass / Lila Delman Compass

    (401) 419-2606

    57 in this area

    84 Total Sales

    Nicole Harding
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1274243

State-Wide MLS

APN: NARR-000215-000000-Y000003

Rhode Island Washington County Narragansett 02882

129 Palm Beach Ave, Narragansett, RI

This home is located at 129 Palm Beach Ave, Narragansett, RI 02882 since 27 January 2021 and is currently estimated at $941,593, approximately $707 per square foot. This property was built in 2007. 129 Palm Beach Ave is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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