16 Arbeth Rd Narragansett, RI 02879
Estimated Value: $697,000 - $778,000
2
Beds
1
Bath
660
Sq Ft
$1,103/Sq Ft
Est. Value
Highlights
- Beach Access
- Deck
- Bathtub with Shower
- Narragansett Elementary School Rated A
- Cottage
- Wood Siding
About This Home
As of May 2024Location, Location, Location! Welcome to the heart of Jerusalem, East Matunuck! Nestled in one of the most sought-after areas, this charming 2-bedroom, 1 bathroom beach cottage embodies coastal living at its finest. Enter into an open floor plan, illuminated by natural light featuring a bay window overlooking the serene salt marsh giving way to beautiful sunsets every night. Updates include a new roof and baseboard heat in the main living room. This property offers a spacious yard, perfect for outdoor enjoyment. Just a short distance to East Matunuck State Beach, the Private Pier and Dog Beach where sun, sand and surf await. Treat yourself to local favorites, Jims Dock and the famous Matunuck Oyster Bar. Don't miss this opportunity to own a piece of paradise in East Matunuck!
Last Agent to Sell the Property
Sara Houle
Lamacchia Realty, Inc License #RES.0047109 Listed on: 04/12/2024
Last Buyer's Agent
Sara Houle
Lamacchia Realty, Inc License #RES.0047109 Listed on: 04/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,200
Year Built
- Built in 1962
Lot Details
- 7,841 Sq Ft Lot
- Property is zoned R-10
Parking
- No Garage
Home Design
- Cottage
- Wood Siding
- Vinyl Siding
Interior Spaces
- 660 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Deck
Utilities
- No Cooling
- Heating Available
- 100 Amp Service
- Gas Water Heater
- Private Sewer
Community Details
- Jerusalem Subdivision
Listing and Financial Details
- Legal Lot and Block 171 / 01
- Assessor Parcel Number 16ARBETHAVNARR
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2024
Closed on
May 24, 2024
Sold by
Houle Family Relt and Houle
Bought by
Leonard Logan and Leonard Jeanmarie
Seller's Agent
Sara Houle
Lamacchia Realty, Inc
Buyer's Agent
Sara Houle
Lamacchia Realty, Inc
List Price
$849,000
Sold Price
$680,000
Premium/Discount to List
-$169,000
-19.91%
Total Days on Market
13
Views
107
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
$48,021
Avg. Annual Appreciation
6.85%
Original Mortgage
$540,000
Outstanding Balance
$535,349
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,672
Purchase Details
Closed on
May 5, 2021
Sold by
Houle Stphen T and Houle Dawn C
Bought by
Houle Ft and Houle
Purchase Details
Closed on
Sep 4, 2019
Sold by
Paul R Beaude Ret
Bought by
Houle Stephen T and Houle Dawn C
Similar Homes in the area
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 |
|---|---|---|---|
| Leonard Logan | $680,000 | None Available | |
| Leonard Logan | $680,000 | None Available | |
| Houle Ft | -- | None Available | |
| Houle Ft | -- | None Available | |
| Houle Stephen T | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonard Logan | $540,000 | |
| Closed | Leonard Logan | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $680,000 | -19.9% | $1,030 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | For Sale | $849,000 | -- | $1,286 / 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 | $4,823 | $736,300 | $524,800 | $211,500 |
| 2023 | $4,484 | $481,600 | $318,700 | $162,900 |
| 2022 | $4,334 | $481,600 | $318,700 | $162,900 |
| 2021 | $4,267 | $481,600 | $318,700 | $162,900 |
| 2020 | $4,404 | $420,200 | $342,500 | $77,700 |
| 2019 | $4,299 | $420,200 | $342,500 | $77,700 |
| 2018 | $4,181 | $420,200 | $342,500 | $77,700 |
| 2017 | $4,197 | $397,400 | $345,400 | $52,000 |
| 2016 | $4,006 | $397,400 | $345,400 | $52,000 |
| 2015 | $3,950 | $397,400 | $345,400 | $52,000 |
| 2014 | $3,265 | $325,200 | $269,800 | $55,400 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2024
Sara Houle
Lamacchia Realty, Inc
(401) 580-9057
2 in this area
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1356640
APN: NARR-000161-000000-000000IJ
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