$1,402,500
SOLD OCT 21, 2024
5 Beds
3 Baths
2,649 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$529 Per Sq Ft

4% Above List Price

9 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • 2 Fireplaces

About This Home

As of October 2024

This just may be the home you have been dreaming about since the first time you visited Pt. Judith. This remarkable 2 family home boasts unobstructed views of Pt. Judith Light house and the Spectacular entrance to Narragansett Bay where she meets Rhode Island Sound. The first unit has been used as an owner occupied home for the sellers and Boasts a fully renovated 3 bedrooms and two baths. The second unit has been a very successful seasonal and student rental for years and has also been completely updated.. This could very easily be converted into one large single family home. Walk to the beach, surf in one of the most popular surf spots in New England right outside your front door, enjoy the local restaurants and shops located in Pt. Judith and the fishing village of Galilee. (NOT IN A FLOOD ZONE)

Last Agent to Sell the Property

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 08/11/2024

BHHS  Commonwealth Real Estate

Last Buyer's Agent

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 08/11/2024

BHHS  Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1970

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2,649 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Carpet
  • Water Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 7,841 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 13FOURTHSTNARR

Community Details

Overview

  • 2 Units
  • Point Judith Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,270

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Subdivision Name: Point Judith
  • Above Grade Finished Sq Ft: 2649.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Stall Shower, Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 13FOURTHSTNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5270.0
  • Tax Lot: 99
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Sep 30, 2024
Sold by
Craump Peter W and Cane Tina L
Bought by
Crump Family Irt and Marino
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Allen Gammons
BHHS Commonwealth Real Estate
List Price
$1,350,000
Sold Price
$1,402,500
Premium/Discount to List
$52,500
3.89%
Total Days on Market
9
Views
15
Current Estimated Value
$1,375,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,702
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Apr 7, 2021
Sold by
Nrm Property Group Llc
Bought by
Macdonald James and Macdonald Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jun 13, 2018
Sold by
Macdonald Kelly A and Macdonald James C
Bought by
Nrm Property Group Llc
Seller's Agent
Jack Mayo
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$690,000
Sold Price
$660,000
Premium/Discount to List
-$30,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$495,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 27, 2018
Sold by
Fisher Ronald C and Fisher Wendy C
Bought by
Macdonald Kelly A and Macdonald James C
Seller's Agent
Jack Mayo
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$690,000
Sold Price
$660,000
Premium/Discount to List
-$30,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1984
Bought by
Fisher Ronald C
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 -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $660,000 --
Warranty Deed $660,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Credit Line Revolving
Previous Owner $480,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $495,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $1,402,500 +3.9% $529 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $1,350,000 +104.5% $510 / Sq Ft
04/27/2018 04/27/18 Sold $660,000 -4.3% $249 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $690,000 -- $260 / 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 $5,779 $882,300 $570,800 $311,500
2023 $5,270 $566,100 $380,500 $185,600
2022 $5,095 $566,100 $380,500 $185,600
2021 $5,016 $566,100 $380,500 $185,600
2020 $4,835 $461,400 $289,400 $172,000
2019 $4,720 $461,400 $289,400 $172,000
2018 $4,509 $453,200 $289,400 $163,800
2017 $4,568 $432,600 $289,600 $143,000
2016 $4,361 $432,600 $289,600 $143,000
2015 $4,300 $432,600 $289,600 $143,000
2014 $4,343 $432,600 $289,600 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1365914

State-Wide MLS

APN: NARR-000099-000000-L000000