NOT LISTED FOR SALE

151 Treasure Rd Narragansett, RI 02882

Estimated Value: $1,052,000 - $1,379,000

2 Beds
3 Baths
2,472 Sq Ft
$510/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $1,000,000 $405 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,281/month

48 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • Narragansett Elementary School Rated A
  • Spa
  • Contemporary Architecture

About This Home

As of June 2023

Bonnet Shores Contemporary cottage within half mile distance to Kelly Beach and the Bonnet Shores Beach Club. This 2 bedroom and 3 full bathroom home offers everything you want in an ideal location. Many of the updates and addition were done in 2010. The main level has a dining area, vaulted ceilings, propane fireplace, large living room that leads to an outdoor deck, a full bathroom, bedroom with stack-able laundry in the closet, and an updated galley kitchen. Below the deck are steps down to a quaint patio area for extra entertaining possibilities and a walkway to the outdoor shower. The upper level features another loft style bedroom area with it's own balcony and full bath as well, and has views of the pond, beach areas, and amazing sunsets. The lower level is partially finished with a den/office space, walk-out to backyard, common room, kitchenette, additional laundry, and storage. Listed just in time for the next owner to enjoy the full Summer months in a very sought after location.

Last Agent to Sell the Property

Benjamin Thomas

Serhant Rhode Island License #RES.0035270 Listed on: 04/17/2023

Serhant Rhode Island

Last Buyer's Agent

Lisa Barbary

Coldwell Banker Realty License #RES.0041046

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,375

Year Built

  • Built in 1956

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Property is zoned R-20

Home Design

  • Contemporary Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 398
  • Assessor Parcel Number 151TREASURERDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,375

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1704.0
  • Architectural Style: Cabin/Cottage, Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1956
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar, Cedar Closet(s), Tub Shower, Cable TV
  • Living Area: 2472.0
  • Dining Room Type: Bathroom, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 151TREASURERDNARR
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6375.0
  • Tax Lot: 398
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 7, 2023
Sold by
Treasure Rd Llc
Bought by
Winkler Adam
Seller's Agent
Benjamin Thomas
Serhant Rhode Island
Buyer's Agent
Lisa Barbary
Coldwell Banker Realty
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Views
55
Current Estimated Value
$1,259,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,821
Avg. Annual Appreciation
10.42%
Original Mortgage
$800,000
Outstanding Balance
$774,894
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$484,927

Purchase Details

Closed on
Aug 1, 2016
Sold by
Feeley Barbara A
Bought by
Aukerman James V

Purchase Details

Closed on
Aug 29, 2002
Sold by
Holland Michael J and Holland Donna R
Bought by
Feeley Joseph J and Feeley Barbara A
Source: Public Records

Range of Values:

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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
Winkler Adam $1,000,000 None Available
Aukerman James V -- --
Aukerman James V -- --
Feeley Joseph J $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winkler Adam $800,000
Previous Owner Feeley Joseph J $200,000
Previous Owner Feeley Joseph J $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $1,000,000 +0.5% $405 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $995,000 -- $403 / 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 $6,894 $1,052,500 $504,700 $547,800
2023 $6,594 $708,300 $296,900 $411,400
2022 $6,375 $708,300 $296,900 $411,400
2021 $6,276 $708,300 $296,900 $411,400
2020 $5,800 $553,400 $242,100 $311,300
2019 $5,661 $553,400 $242,100 $311,300
2018 $5,506 $553,400 $242,100 $311,300
2017 $4,991 $472,600 $241,800 $230,800
2016 $4,764 $472,600 $241,800 $230,800
2015 $4,698 $472,600 $241,800 $230,800
2014 -- $454,000 $223,200 $230,800
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Thomas

    Seller's Agent in 2023

    Benjamin Thomas

    Serhant Rhode Island

    (401) 207-8900

    2 in this area

    52 Total Sales

    Benjamin Thomas
    Section Image
  • Lisa Barbary

    Buyer's Agent in 2023

    Lisa Barbary

    Coldwell Banker Realty

    (401) 533-7747

    1 in this area

    219 Total Sales

    Lisa Barbary
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1332989

State-Wide MLS

APN: NARR-000398-000000-000000NS

Rhode Island Washington County Narragansett 02882

151 Treasure Rd, Narragansett, RI

This home is located at 151 Treasure Rd, Narragansett, RI 02882 since 17 April 2023 and is currently estimated at $1,259,821, approximately $509 per square foot. This property was built in 1956. 151 Treasure Rd 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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