$585,000
SOLD OCT 15, 2024

1400 Ocean Rd Narragansett, RI 02882

0.94 Acre
$620,361 Price per Acre
41,077 Sq Ft Lot

Recently Sold

27% Below List Price

334 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 0.94 Acre Lot
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wetlands on Lot

About This Lot

As of October 2024

Nestled at the tip of the Pt. Judith Peninsula in the picturesque town of Narragansett, this extraordinary piece of land is a once-in-a-lifetime opportunity to own a coastal dream. Offering unparalleled tranquility and breathtaking views. Imagine waking up to the gentle lullaby of the waves and taking in the magnificent sunsets over the ocean right from your dream home.
Enjoy unobstructed views of the Atlantic Ocean from every angle. Let your imagination run wild as you design a home that maximizes these incredible vistas. Sunrises, sunsets, and the ever-changing seascape will be yours to savor.
Planning has never been easier. This property comes with an approved 2-bed septic design, ensuring that your dream home is set to become a reality. All variances have already been granted, saving you both time & effort. You can dive straight into the exciting process of building your coastal haven.
Narragansett is known for its rich history, stunning landscapes, and a vibrant coastal community. Explore the many fine restaurants, shops, and cultural attractions the town has to offer. Take advantage of the beautiful beaches, world-class surfing spots, and marinas, or simply enjoy the serenity of your private oasis.
Don't miss your chance to own this extraordinary one-of-a-kind property. The opportunity to build your dream home with unparalleled views and all the approvals in place is truly rare. Start the journey toward your coastal paradise in Narragansett, Rhode Island.

Last Agent to Sell the Property

Bridgette Soby

Mott & Chace Sotheby's Intl. Listed on: 10/23/2023

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Kimberly Marion

Engel & Volkers Oceanside License #RES.0042828

Engel & Volkers Oceanside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,433

Lot Details

  • 0.94 Acre Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned R-10

Additional Features

  • Water Views
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 159-10
  • Assessor Parcel Number 1400OCEANRDNARR

Community Details

Recreation

  • Golf Course Community
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Wetlands on Lot

Additional Features

  • Ocean Rd/Pt. Judith Subdivision
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$3,433

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.943
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Rd/Pt. Judith
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Wetlands
  • Topography: Level
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water

Utilities

  • Utilities: Cable Available, Electricity Available, Municipal Utilities, Water Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Public Transportation
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 41077.0
  • Parcel #: 1400OCEANRDNARR
  • Zoning Description: Residential
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3433.0
  • Tax Lot: 159-10
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Oct 10, 2024
Sold by
Egan Robert and Egan Tamarra R
Bought by
Dery Eirc and Varona Tina
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Kimberly Marion
Engel & Volkers Oceanside
List Price
$800,000
Sold Price
$585,000
Premium/Discount to List
-$215,000
-26.88%
Views
1472
Current Estimated Value
$671,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,052
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Egan James
Bought by
Egan Robert and Egan Tamarra R

Purchase Details

Closed on
Jan 18, 2012
Sold by
Egan Robert
Bought by
Egan James and Egan Robert

Purchase Details

Closed on
Feb 25, 2011
Sold by
Egan James
Bought by
Egan Robert
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 Type Sale Price Title Company
Warranty Deed $585,000 None Available
Warranty Deed $585,000 None Available
Quit Claim Deed $12,500 --
Quit Claim Deed $12,500 --
Quit Claim Deed $15,000 --
Quit Claim Deed $15,000 --
Deed $15,000 --
Deed $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $585,000 -19.3% --
09/21/2024 09/21/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $725,000 -3.2% --
02/06/2024 02/06/24 Price Changed $749,000 -6.4% --
10/23/2023 10/23/23 For Sale $800,000 -- --
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 $331 $50,600 $50,600 $0
2023 $336 $36,100 $36,100 $0
2022 $3,252 $361,300 $361,300 $0
2021 $320 $36,100 $36,100 $0
2020 $247 $23,600 $23,600 $0
2019 $241 $23,600 $23,600 $0
2018 $235 $23,600 $23,600 $0
2017 $253 $24,000 $24,000 $0
2016 $242 $24,000 $24,000 $0
2015 $239 $24,000 $24,000 $0
2014 $241 $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1346562

State-Wide MLS

APN: NARR-000159-M000000-000010