NOT LISTED FOR SALE

16 Milkay Way Narragansett, RI 02882

Estimated Value: $648,000 - $746,000

3 Beds
1 Bath
1,207 Sq Ft
$585/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $318,500 $264 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,059/month

134 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Cape Cod Architecture

About This Home

As of May 2013

Nice cottage only 2 blocks from Scarborough Beach and located at the end of a dead end street. Two beds downstairs and a huge loft upstairs w/French doors leading to a balcony with distant water views. Perfect for summers, year-round or investment.

Last Agent to Sell the Property

Elizabeth Barrett

Mott & Chace Sotheby's Intl. License #RES.0027639 Listed on: 11/26/2012

Last Buyer's Agent

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1965

Lot Details

  • 4,356 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Property is zoned R-10

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,207 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 16MIL-KAYWYNARR

Community Details

Overview

  • Scarborough Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,847

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: SCARBOROUGH
  • Above Grade Finished Sq Ft: 1207.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable TV, Wood Burning Stove
  • Living Area: 1207.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony, Deck
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 16MIL-KAYWYNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2847.0
  • Tax Lot: 79
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2012
Closed on
May 10, 2013
Sold by
Morgan Marie A Est
Bought by
Vuono Fabio and Vuono Jennifer E
Seller's Agent
Elizabeth Barrett
Mott & Chace Sotheby's Intl.
Buyer's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
List Price
$359,900
Sold Price
$318,500
Premium/Discount to List
-$41,400
-11.5%
Current Estimated Value
$706,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,187
Avg. Annual Appreciation
6.63%
Original Mortgage
$254,800
Outstanding Balance
$181,523
Interest Rate
3.6%
Estimated Equity
$525,164
Source: Public Records

Range of Values:

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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
Vuono Fabio $318,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuono Fabio $254,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $318,500 -11.5% $264 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $359,900 -- $298 / 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 $3,578 $546,300 $298,800 $247,500
2023 $3,612 $388,000 $213,400 $174,600
2022 $3,492 $388,000 $213,400 $174,600
2021 $3,438 $388,000 $213,400 $174,600
2020 $4,096 $390,800 $212,400 $178,400
2019 $3,994 $390,400 $212,400 $178,000
2018 $3,884 $390,400 $212,400 $178,000
2017 $3,147 $298,000 $178,600 $119,400
2016 $3,004 $298,000 $178,600 $119,400
2015 $2,962 $298,000 $178,600 $119,400
2014 $2,987 $297,500 $178,100 $119,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elizabeth Barrett

    Mott & Chace Sotheby's Intl.

  • J

    Buyer's Agent in 2013

    Janet Kermes

    Mott & Chace Sotheby's Intl.

    (401) 527-8159

    28 in this area

    75 Total Sales

    Janet Kermes
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Map

Source: State-Wide MLS

MLS Number: 1029747

State-Wide MLS

APN: NARR-000079-000000-S000000

Rhode Island Washington County Narragansett 02882

16 Milkay Way, Narragansett, RI

This home is located at 16 Milkay Way, Narragansett, RI 02882 since 26 November 2012 and is currently estimated at $706,687, approximately $585 per square foot. This property was built in 1965. 16 Milkay Way 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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