NOT LISTED FOR SALE

15 Sydney Ln Narragansett, RI 02882

Estimated Value: $1,960,000 - $2,656,000

4 Beds
3.5 Baths
4,828 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,710,000 $354 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $13,139/month

29 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 0.92 Acre Lot
  • Narragansett Elementary School Rated A
  • Wine Cellar
  • Cathedral Ceiling

About This Home

As of March 2021

Your long-awaited opportunity to buy in a spectacular neighborhood RIGHT ACROSS the street from Narragansett Beach is here! This one-level, 3000+ sq ft home in Canonchet Farms showcases an eat-in kitchen with adjacent sunroom, office, formal dining room and three bedrooms on the main level. Bask in your luxurious master en-suite with double walk-in closets & easy access to the glorious backyard. The immense and inviting great room features a soaring brick fireplace flanked by French doors connecting indoor life with a backyard escape. Boasting lush Japanese inspired gardens, peace and contentment will be found in this outdoor space complete with stone patio, grilling area, multiple seating arrangements, pergola, and footbridge. Two legal-egress bedrooms and a kitchenette in the spacious recreation room on the lower level are the ideal set-up for keeping your loved ones close. A home gym & huge wine cellar are bonus features of the lower level. Just when you thought all your wishes came true, a heated 2-car garage, new furnace, sprinkler system, fenced-in yard and whole house generator will truly complete the package. Within walking distance to fabulous restaurants & shops, some of the best sand & waves in the state, the South County bike path, and the infamous Narragansett Pier and sea wall! Minutes to the Block Island ferry, Newport, and endless opportunities for Ocean State fun. This home is ready for your creativity and signature style... come see if this is the one!

Last Agent to Sell the Property

Stella Fitzsimmons

Lila Delman Compass License #RES.0015789 Listed on: 01/04/2021

Last Buyer's Agent

Dan Harding

Lila Delman Compass License #RES.0032455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,993

Year Built

  • Built in 2001

Lot Details

  • 0.92 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned R40

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Wine Cellar
  • Game Room
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1-27
  • Assessor Parcel Number 15SYDNEYLANENARR

Community Details

Overview

  • Canonchet Farms, 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

$9,993

Year Built

Built in 2001

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Canonchet Farms, Pier, Beach
  • Above Grade Finished Sq Ft: 3128.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1700.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower, Central Vacuum, Cable TV, Wine Cellar
  • Living Area: 4828.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Kitchen, Storage Room, Utility Room, Wine Cellar
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Brick
  • Exterior Features: Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public

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
  • Association Fee: 250.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40075.0
  • Parcel #: 15SYDNEYLANENARR
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9993.0
  • Tax Lot: 1-27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 5, 2021
Sold by
Patricia Wesselhoeft Lt
Bought by
Glgb Lt
Seller's Agent
Stella Fitzsimmons
Lila Delman Compass
Buyer's Agent
Dan Harding
Lila Delman Compass
List Price
$1,495,000
Sold Price
$1,710,000
Premium/Discount to List
$215,000
14.38%
Current Estimated Value
$2,336,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,224
Avg. Annual Appreciation
6.94%
Original Mortgage
$1,000,000
Outstanding Balance
$894,390
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,441,834

Purchase Details

Closed on
Aug 31, 2020
Sold by
C W Wesselhoeft Jr Lt
Bought by
Patricia Wesselhoeft Lt

Purchase Details

Closed on
Jun 13, 2003
Sold by
Thornhill Catherine P and Thornhill William M
Bought by
Wesselhoeft Conrad W and Wesselhoeft Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Glgb Lt $1,710,000 None Available
Patricia Wesselhoeft Lt -- None Available
Wesselhoeft Conrad W $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glgb Lt $1,000,000
Previous Owner Wesselhoeft Conrad W $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $1,710,000 +14.4% $354 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $1,495,000 -- $310 / 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 $10,379 $1,528,600 $648,100 $880,500
2024 $9,960 $1,520,600 $648,100 $872,500
2023 $10,321 $1,108,600 $540,100 $568,500
2022 $9,977 $1,108,600 $540,100 $568,500
2021 $9,822 $1,108,600 $540,100 $568,500
2020 $9,993 $953,500 $468,100 $485,400
2019 $9,754 $953,500 $468,100 $485,400
2018 $9,487 $953,500 $468,100 $485,400
2017 $11,803 $1,117,700 $473,700 $644,000
2016 $11,266 $1,117,700 $473,700 $644,000
2015 $11,110 $1,117,700 $473,700 $644,000
2014 $12,436 $1,238,600 $473,700 $764,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1272132

State-Wide MLS

APN: NARR-000001-B000000-000027