NOT LISTED FOR SALE

16 King Philip Rd Narragansett, RI 02882

Estimated Value: $934,000 - $979,000

3 Beds
2 Baths
1,340 Sq Ft
$712/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $410,000 $306 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,513/month

110 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of September 2016

Narragansett- Bonnet Shores, Well maintained, 3 beds, 2 baths, Open floor plan, central air, kitchen open to dining & living area w/ a fireplace. Nice deck for entertaining. Outdoor shower, Gargage. Walk to little beach. Great summer or year around.

Last Agent to Sell the Property

Kristin Coletti

Bruce Allen, REALTORS License #RES.0025527 Listed on: 05/10/2016

Last Buyer's Agent

Kristin Coletti

Bruce Allen, REALTORS License #RES.0025527 Listed on: 05/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1998

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R-10

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Clapboard

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Water Heater

Community Details

  • Bonnet Shores Subdivision

Listing and Financial Details

  • Tax Lot 379
  • Assessor Parcel Number 16KINGPHILLIPRDNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 1340.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1340.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 16KINGPHILLIPRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3747.93
  • Tax Lot: 379
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Crescent Mortgage Svcs
Bought by
Hoffman Cary J
Current Estimated Value
$953,869

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 28, 2016
Sold by
Hoffman Cary J
Bought by
Cavallaro Alfred A and Cavallaro Joseph A
Seller's Agent
Kristin Coletti
Bruce Allen, REALTORS
Buyer's Agent
Kristin Coletti
Bruce Allen, REALTORS
List Price
$439,900
Sold Price
$410,000
Premium/Discount to List
-$29,900
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$310,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Hoffman Cary J -- --
Hoffman Cary J -- --
Cavallaro Alfred A $410,000 --
Cavallaro Alfred A $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavallaro Alfred A $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $410,000 -6.8% $306 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $439,900 -- $328 / 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 $5,233 $799,000 $425,000 $374,000
2023 $4,757 $511,000 $250,000 $261,000
2022 $4,599 $511,000 $250,000 $261,000
2021 $4,527 $511,000 $250,000 $261,000
2020 $4,362 $416,200 $188,200 $228,000
2019 $4,258 $416,200 $188,200 $228,000
2018 $4,141 $416,200 $188,200 $228,000
2017 $3,942 $373,300 $192,500 $180,800
2016 $3,763 $373,300 $192,500 $180,800
2015 $3,711 $373,300 $192,500 $180,800
2014 $3,729 $371,400 $192,500 $178,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kristin Coletti

    Bruce Allen, REALTORS

    (401) 641-5625

    46 Total Sales

    Kristin Coletti
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Map

Source: State-Wide MLS

MLS Number: 1125512

State-Wide MLS

APN: NARR-000379-000000-000000NR

Rhode Island Washington County Narragansett 02882

16 King Philip Rd, Narragansett, RI

This home is located at 16 King Philip Rd, Narragansett, RI 02882 since 10 May 2016 and is currently estimated at $953,869, approximately $711 per square foot. This property was built in 1998. 16 King Philip 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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