Seller's Agent in 2022
Tammy Comstock
RI Real Estate Services
(401) 742-2661
4 in this area
11 Total Sales
1314 Ocean Rd Narragansett, RI 02882
Estimated Value: $793,000 - $1,152,000
4
Beds
4
Baths
1,792
Sq Ft
$562/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Walking Distance to Water
- Narragansett Elementary School Rated A
- Recreation Facilities
- Thermal Windows
About This Home
As of April 2022What a great opportunity to own a summer home and/or income producing property! It is located in one of the most sought after neighborhoods in Narragansett! Rent it out yearly, monthly during the academic year or weekly during the summer! The townhouse style duplex offers 2 bedrooms, 1.5 baths, granite kitchen, separate utilities and washer/dryer in each unit! The building was completely renovated in 2007 from the slab to the roof. There are several beautiful beaches and amazing restaurants within walking/biking distance! Visit The Bon View Inn for dinner & cocktails, Spain Restaurant for Spanish cuisine, Aunt Carrie's for fresh seafood and desserts and just around the corner is Iggy's Doughboys and Chowderhouse! Take the ferry, just 2 miles away to beautiful Block Island! This property is gem and will not last on the market!
Last Agent to Sell the Property
RI Real Estate Services License #RES.0026715 Listed on: 02/28/2022
Last Buyer's Agent
Tammy Comstock
Phillips Post Road Realty Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,740
Year Built
- Built in 1945
Lot Details
- 4,792
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,792 Sq Ft Home
- 2-Story Property
- Thermal Windows
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 3 Parking Spaces
- No Garage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Electric Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Walking Distance to Water
- 4,792 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 12
- Assessor Parcel Number 1314OCEANRDNARR
Community Details
Overview
- 2 Units
- Pt Judith, South End, Scarborough Subdivision
Recreation
- Marina
- Recreation Facilities
Additional Features
- Shops
- Operating Expense $320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2017
Sold by
Hall John
Bought by
Hall John
Current Estimated Value
Purchase Details
Closed on
Aug 18, 2005
Sold by
Sandy Meadow Llc
Bought by
Hall John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2005
Sold by
Weber Robert J and Weber Anne M
Bought by
Sandy Meadow Llc
Purchase Details
Closed on
Aug 8, 2003
Sold by
Virgilio John Paul
Bought by
Weber Robert J and Weber Anne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.28%
Purchase Details
Closed on
Jun 1, 1999
Sold by
Hadfield Edward S
Bought by
Virgilio John Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,575
Interest Rate
6.82%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hall John | -- | -- | |
| Hall John | $440,000 | -- | |
| Sandy Meadow Llc | $360,000 | -- | |
| Weber Robert J | $260,000 | -- | |
| Virgilio John Paul | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Virgilio John Paul | $352,000 | |
| Previous Owner | Virgilio John Paul | $208,000 | |
| Previous Owner | Virgilio John Paul | $84,575 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $780,000 | -2.5% | $435 / Sq Ft |
| 03/04/2022 03/04/22 | Pending | -- | -- | -- |
| 02/28/2022 02/28/22 | For Sale | $799,900 | -- | $446 / 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 | $5,145 | $785,500 | $494,800 | $290,700 |
| 2023 | $4,982 | $535,100 | $353,500 | $181,600 |
| 2022 | $4,816 | $535,100 | $353,500 | $181,600 |
| 2021 | $4,741 | $535,100 | $353,500 | $181,600 |
| 2020 | $4,455 | $425,100 | $256,800 | $168,300 |
| 2019 | $4,349 | $425,100 | $256,800 | $168,300 |
| 2018 | $4,230 | $425,100 | $256,800 | $168,300 |
| 2017 | $4,019 | $380,600 | $235,300 | $145,300 |
| 2016 | $3,836 | $380,600 | $235,300 | $145,300 |
| 2015 | $3,783 | $380,600 | $235,300 | $145,300 |
| 2014 | $3,821 | $380,600 | $235,300 | $145,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Comstock
-
Sean Hevenor
Buyer Co-Listing Agent in 2022
Sean Hevenor
RI Real Estate Services
(401) 499-5700
3 in this area
47 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1304081
APN: NARR-000012-000000-M000000
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