J
Seller's Agent in 2024
Janet Kermes
Mott & Chace Sotheby's Intl.
(401) 527-8159
27 in this area
74 Total Sales
152 Gibson Ave Narragansett, RI 02882
Estimated Value: $1,851,000 - $2,138,000
3
Beds
2.5
Baths
2,862
Sq Ft
$687/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- 1.84 Acre Lot
- Narragansett Elementary School Rated A
- In Ground Pool
- Colonial Architecture
About This Home
As of June 2024A new roof, new a/c and new generator have just been added to this classic New England 3 bed 2.1 bath home in the sought after Pier area. The high ceilings, beautiful moldings, and hardwoods throughout make this the ideal home for summer or year round enjoyment. The large living room with fireplace is perfect for family gatherings and opens up to the outdoor living space which includes a beautiful salt water pool and hot tub. The large dining room is perfect for hosting holidays or other special occasions. Upstairs you will find 3 generously sized bedrooms which includes a fireplace in the primary. An oversized 3 car garage gives you plenty of room for cars or to store any extra equipment you may have. If a bedroom is needed on the first floor the dining room can be completely closed off to make a first floor bedroom.The location of this house is very quiet but you are a short walk or bike ride to the sea wall or to grab a cup of coffee. The Narragansett Town Beach is also just a stroll away. Come see all of the possibilities this house holds for you to start enjoying the fun and fabulous Narragansett way of life!
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0031052 Listed on: 04/13/2024
Last Buyer's Agent
Gregory Arakelian
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,857
Year Built
- Built in 1997
Lot Details
- 1.84 Acre Lot
- Sprinkler System
- Wooded Lot
- Property is zoned R80
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,862 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Cathedral Ceiling
- 3 Fireplaces
- Marble Fireplace
- Stone Fireplace
- Thermal Windows
- Security System Owned
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Cedar Closet
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Pool
- In Ground Pool
- Spa
- Saltwater Pool
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
Location
- Property near a hospital
Utilities
- Central Air
- Heating System Uses Oil
- Heating System Uses Steam
- 220 Volts
- 200+ Amp Service
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 13-11
- Assessor Parcel Number 152GIBSONAVNARR
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2024
Closed on
Jun 21, 2024
Sold by
Mcelroy Martin A and Mcelroy Jennifer L
Bought by
Behazin Nima and Behazin Carolyn T
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Gregory Arakelian
List Price
$1,800,000
Sold Price
$1,787,500
Premium/Discount to List
-$12,500
-0.69%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,265
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,251,250
Outstanding Balance
$1,237,677
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$690,023
Purchase Details
Closed on
Dec 20, 2011
Sold by
Mcelroy Jennifer L
Bought by
Mcelroy Martin A and Mcelroy Jennifer L
Purchase Details
Closed on
Dec 17, 2010
Sold by
Sarni Gregory Paul
Bought by
Mcelroy Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Behazin Nima | $1,788,000 | None Available | |
| Behazin Nima | $1,788,000 | None Available | |
| Mcelroy Martin A | -- | -- | |
| Mcelroy Jennifer L | $625,000 | -- | |
| Mcelroy Martin A | -- | -- | |
| Mcelroy Jennifer L | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Behazin Nima | $1,251,250 | |
| Closed | Behazin Nima | $1,251,250 | |
| Previous Owner | Mcelroy Jennifer L | $362,000 | |
| Previous Owner | Mcelroy Martin A | $472,500 | |
| Previous Owner | Sarni Gregory Paul | $475,000 | |
| Previous Owner | Sarni Gregory Paul | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,787,500 | -0.7% | $625 / Sq Ft |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 04/13/2024 04/13/24 | For Sale | $1,800,000 | -- | $629 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $9,957 | $1,520,200 | $744,600 | $775,600 |
| 2023 | $10,196 | $1,095,200 | $561,000 | $534,200 |
| 2022 | $9,857 | $1,095,200 | $561,000 | $534,200 |
| 2021 | $9,703 | $1,095,200 | $561,000 | $534,200 |
| 2020 | $8,341 | $795,900 | $389,400 | $406,500 |
| 2019 | $8,142 | $795,900 | $389,400 | $406,500 |
| 2018 | $7,919 | $795,900 | $389,400 | $406,500 |
| 2017 | $8,642 | $818,400 | $418,600 | $399,800 |
| 2016 | $8,249 | $818,400 | $418,600 | $399,800 |
| 2015 | $8,135 | $818,400 | $418,600 | $399,800 |
| 2014 | $7,719 | $768,800 | $347,500 | $421,300 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Kermes
-
G
Buyer's Agent in 2024
Gregory Arakelian
-
Greg Arakelian
Buyer's Agent in 2024
Greg Arakelian
Mott & Chace Sotheby's Intl.
(401) 954-5703
13 in this area
42 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1356595
APN: NARR-000013-F000000-000011
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