NOT LISTED FOR SALE

15 Prospect Ave Narragansett, RI 02882

Estimated Value: $874,214 - $1,232,000

5 Beds
2 Baths
1,537 Sq Ft
$656/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $635,000 $413 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,653/month

18 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Narragansett Elementary School Rated A
  • Colonial Architecture
  • 2-minute walk to Sprague Playground

About This Home

As of March 2021

Delightful colonial home by the sea. Perfectly located in the heart of Narragansett Pier on a quiet dead-end street with easy access to bike path. Beautifully renovated kitchen and baths, bright & airy living spaces with an open floor plan. The comfortable eat-in kitchen features granite countertops & is designed for day-to-day living. Enjoy your morning coffee while breathing in the salt air breezes from your spacious deck overlooking a lush, private yard. Highlights include lovely hardwood floors, built-ins, ample storage, 4/5 bedrooms including a first floor bedroom, two full baths, outdoor shower and a detached 2 car garage. Short walk to vibrant restaurants, seaside shops, cafes, spa and one of the most beautiful beaches in New England-Narragansett Town Beach. You're also directly across the street from Sprague Park where you'll find baseball fields, a recently updated playground & tennis courts. This fabulous home affords access to all the best Narragansett has to offer including festivals taking place throughout the year. This is a perfect location from which to enjoy your year round residence, summer haven, or successful rental property (incredible rental history!).

Last Agent to Sell the Property

Dan Harding

Lila Delman Compass License #RES.0032455 Listed on: 02/10/2021

Co-Listed By

Nicole Harding

Lila Delman Compass License #RES.0029555

Last Buyer's Agent

Linda Kaley

Lila Delman Compass License #RES.0031304

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,011

Year Built

  • Built in 1880

Lot Details

  • 9,104 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned R-40

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,537 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 23/1
  • Assessor Parcel Number 15PROSPECTAVNARR

Community Details

Overview

  • Narragansett Pier Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,011

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.209
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: Narragansett Pier Beach
  • Above Grade Finished Sq Ft: 1537.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 1537.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 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, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9104.0
  • Parcel #: 15PROSPECTAVNARR
  • Zoning: R-40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4011.0
  • Tax Lot: 23/1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 29, 2021
Sold by
Giuliano Joshua D and Giuliano Bridget C
Bought by
Penczak Joan and Penczak Joseph
Seller's Agent
Dan Harding
Lila Delman Compass
Buyer's Agent
Linda Kaley
Lila Delman Compass
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$1,008,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,304
Avg. Annual Appreciation
10.62%

Purchase Details

Listed on
Apr 22, 2017
Closed on
Jun 9, 2017
Sold by
Davis Mark A and Davis Janeen
Bought by
Giuliano Joshua D and Giuliano Bridget C
Seller's Agent
Jennifer Moretti
Edge Realty RI
Buyer's Agent
Dan Harding
Lila Delman Compass
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Ready-Hough Patricia N
Bought by
Davis Mark A and Davis Jannen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Penczak Joan $635,000 None Available
Giuliano Joshua D $480,000 --
Davis Mark A $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Mark A $300,000
Previous Owner Davis Mark A $350,000
Previous Owner Davis Mark A $296,000
Previous Owner Davis Mark A $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $635,000 -2.2% $413 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $649,000 +35.2% $422 / Sq Ft
06/09/2017 06/09/17 Sold $480,000 -2.0% $312 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $489,900 -- $319 / 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
2025 $4,500 $662,700 $274,100 $388,600
2024 $4,341 $662,700 $274,100 $388,600
2023 $4,517 $485,200 $195,800 $289,400
2022 $4,367 $485,200 $195,800 $289,400
2021 $4,299 $485,200 $195,800 $289,400
2020 $4,109 $392,100 $146,100 $246,000
2019 $4,011 $392,100 $146,100 $246,000
2018 $3,901 $392,100 $146,100 $246,000
2017 $3,144 $297,700 $156,100 $141,600
2016 $3,001 $297,700 $156,100 $141,600
2015 $2,853 $287,000 $156,100 $130,900
2014 $2,938 $292,600 $161,700 $130,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1274999

State-Wide MLS

APN: NARR-000023-H000000-000001