NOT LISTED FOR SALE

1359 Ocean Rd Unit 54 Narragansett, RI 02882

Estimated Value: $760,000 - $894,000

2 Beds
1 Bath
782 Sq Ft
$65/mo HOA Fee

Last Sold June 08, 2012

Last sale price $225,000 $288 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $4,777/month

27 Days on Market

Highlights

  • Beach Access
  • Deck
  • Cooling System Mounted In Outer Wall Opening
  • Narragansett Elementary School Rated A
  • Plywood Flooring
  • 4-minute walk to Point Judith Fisherman's Memorial

About This Home

As of June 2012

Fantastic opportunity for your summer vacations! Charming cottage in desirable Breakwater Village.Walk to the beach and enjoy the summer breezes. Great investment property!

Last Agent to Sell the Property

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958 Listed on: 04/11/2012

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Sylvia Santilli

Gateway Realty License #RES.0012750

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1950

Lot Details

  • 8,146

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Plywood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 1359OCEANRD54NARR

Community Details

Overview

  • Breakwater Village Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,012

Year Built

Built in 1950

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Breakwater Village
  • Above Grade Finished Sq Ft: 782.0
  • Building Name: Breakwater Village
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Plywood, Vinyl
  • Living Area: 782.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1359OCEANRD54NARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3012.0
  • Tax Lot: 54
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 11, 2012
Sold by
Cserr Luann
Bought by
Manzi Paul S and Manzi Stephenie P
Seller's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
Buyer's Agent
Sylvia Santilli
Gateway Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$824,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,920
Avg. Annual Appreciation
9.22%
Original Mortgage
$168,750
Interest Rate
3.9%

Purchase Details

Closed on
Jun 16, 2004
Sold by
Seaberg Ralph P Est
Bought by
Cserr Luann
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Manzi Paul S $225,000 --
Cserr Luann $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cserr Luann $217,500
Closed Cserr Luann $168,750
Previous Owner Cserr Luann $49,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2012 06/08/12 Sold $225,000 -10.0% $288 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $250,000 -- $320 / 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 $4,054 $619,000 $417,700 $201,300
2023 $4,052 $435,200 $278,500 $156,700
2022 $3,917 $435,200 $278,500 $156,700
2021 $3,856 $435,200 $278,500 $156,700
2020 $3,837 $366,100 $278,300 $87,800
2019 $3,745 $366,100 $278,300 $87,800
2018 $3,643 $366,100 $278,300 $87,800
2017 $3,765 $356,500 $304,700 $51,800
2016 $3,594 $356,500 $304,700 $51,800
2015 $3,587 $360,900 $304,700 $56,200
2014 $3,334 $332,100 $270,800 $61,300
Source: Public Records

Agents Affiliated with this Home

  • Robin Knisley

    Seller's Agent in 2012

    Robin Knisley

    Mott & Chace Sotheby's Intl.

    (401) 207-9187

    41 Total Sales

    Robin Knisley
    Section Image
  • Sylvia Santilli

    Buyer's Agent in 2012

    Sylvia Santilli

    Gateway Realty

    (401) 301-2899

    12 Total Sales

    Sylvia Santilli
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1014617

State-Wide MLS

APN: NARR-000054-000000-M000167

Rhode Island Washington County Narragansett 02882

1359 Ocean Rd Unit 54, Narragansett, RI

This home is located at 1359 Ocean Rd Unit 54, Narragansett, RI 02882 since 11 April 2012 and is currently estimated at $824,920, approximately $1,054 per square foot. This property was built in 1950. 1359 Ocean Rd Unit 54 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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