NOT LISTED FOR SALE

16 Crest Ave Narragansett, RI 02882

Estimated Value: $825,000 - $1,043,000

2 Beds
2 Baths
2,246 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $350,000 $156 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,388/month

14 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Raised Ranch Architecture
  • Recreation Facilities

About This Home

As of December 2018

Spacious home near Bonnet Shores! Property features include maintenance free exterior, updated kitchen, hardwoods, granite counter tops and large deck for outdoor entertaining. Lower level with bath makes an ideal guest suite. Perfect location to enjoy the Narrow River, Narragansett Town Beach and all that South County has to offer! Easy access to Route 1. Ideal as a year-round home, vacation property, or an investment.

Last Agent to Sell the Property

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 11/02/2018

RI Real Estate Services

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R20

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Gas Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 16CRESTAVNARR

Community Details

Overview

  • Bonnet Shores Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,334

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.264
  • Subdivision Name: Bonnet Shores Area
  • Above Grade Finished Sq Ft: 1404.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 842.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2246.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11499.0
  • Parcel #: 16CRESTAVNARR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3334.0
  • Tax Lot: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 15, 2018
Sold by
Salomone Michael C and Salomone Melanie A
Bought by
Meisler Julie E
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
David Carty
CARTY REALTY
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$927,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,497
Avg. Annual Appreciation
13.74%
Original Mortgage
$280,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1990
Sold by
Cox Kenneth W
Bought by
Salomone Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,944
Interest Rate
9.46%
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
Meisler Julie E $350,000 --
Salomone Michael C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meisler Julia E $284,000
Closed Meisler Julie E $280,000
Previous Owner Salomone Michael C $25,000
Previous Owner Salomone Michael C $237,100
Previous Owner Salomone Michael C $16,419
Previous Owner Salomone Michael C $115,944
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $350,000 -7.7% $156 / Sq Ft
11/17/2018 11/17/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $379,000 -- $169 / 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 $4,125 $629,800 $211,700 $418,100
2023 $4,149 $445,600 $151,200 $294,400
2022 $4,010 $445,600 $151,200 $294,400
2021 $3,948 $445,600 $151,200 $294,400
2020 $3,828 $365,300 $103,000 $262,300
2019 $3,737 $365,300 $103,000 $262,300
2018 $3,635 $365,300 $103,000 $262,300
2017 $3,334 $315,700 $109,400 $206,300
2016 $3,182 $315,700 $109,400 $206,300
2015 $3,138 $315,700 $109,400 $206,300
2014 $3,186 $317,300 $103,600 $213,700
Source: Public Records

Agents Affiliated with this Home

  • Steven Rei

    Seller's Agent in 2018

    Steven Rei

    RI Real Estate Services

    (401) 932-5507

    18 in this area

    59 Total Sales

    Steven Rei
    Section Image
  • David Carty

    Buyer's Agent in 2018

    David Carty

    CARTY REALTY

    (401) 662-9600

    44 in this area

    87 Total Sales

    David Carty
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1208708

State-Wide MLS

APN: NARR-000007-000000-000000NH

Rhode Island Washington County Narragansett 02882

16 Crest Ave, Narragansett, RI

This home is located at 16 Crest Ave, Narragansett, RI 02882 since 02 November 2018 and is currently estimated at $927,497, approximately $412 per square foot. This property was built in 1986. 16 Crest Ave 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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