NOT LISTED FOR SALE

16 Wheatfield Cove Rd Narragansett, RI 02882

Estimated Value: $2,279,904 - $2,843,000

3 Beds
3 Baths
3,278 Sq Ft
$771/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $1,215,000 $371 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $14,439/month

176 Days on Market

Highlights

  • Beach Front
  • Deck
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Contemporary Architecture
  • Tennis Courts

About This Home

As of April 2014

Panoramic water view Contemporary personifies this elegant waterfront home on Harbour Island. No Flood Ins! 3BR 3BA w/upscale features in every Rm. including kit, LR, MBR/BA, huge bonus rm! Outside decks overlook Salt Pond & private dock! A must see!

Last Agent to Sell the Property

John Krekorian

RE/MAX FLAGSHIP, INC. License #RES.0024980 Listed on: 09/12/2013

RE/MAX FLAGSHIP, INC.

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

  • $8,985

Year Built

  • Built in 2010

Lot Details

  • 7,000 Sq Ft Lot
  • Beach Front
  • Property is zoned RI

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Zero Clearance Fireplace
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessible Doors

Outdoor Features

  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • 200+ Amp Service
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 16WHEATFIELDCOVERDNARR

Community Details

Overview

  • Harbour Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,985

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1607
  • Co List Office Mls Id: RMAX09
  • Co List Office Phone: 401-789-2255
  • Subdivision Name: HARBOUR ISLAND
  • Above Grade Finished Sq Ft: 3278.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2010
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Accessibility Features: Accessible Full Bath, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Central Vacuum
  • Living Area: 3278.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Front, Dock Access
  • Construction Type: Drywall, Other
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 16WHEATFIELDCOVERDNARR
  • Zoning: RI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8985.0
  • Tax Lot: 198
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Apr 8, 2014
Sold by
Davis Eileen J and Davis John W
Bought by
Devine Joseph E and Devine Deborah L
Seller's Agent
John Krekorian
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
List Price
$1,295,000
Sold Price
$1,215,000
Premium/Discount to List
-$80,000
-6.18%
Current Estimated Value
$2,525,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,310,726
Avg. Annual Appreciation
6.65%
Original Mortgage
$972,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Coffey John J
Bought by
Davis Eileen J and Davis John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.53%
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
Devine Joseph E $1,215,000 --
Davis Eileen J $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devine Joseph E $292,500
Open Davis Eileen J $950,000
Closed Davis Eileen J $147,800
Closed Davis Eileen J $972,000
Previous Owner Davis Eileen J $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2014 04/07/14 Sold $1,215,000 -6.2% $371 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $1,295,000 -- $395 / 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 $12,416 $1,895,500 $956,400 $939,100
2023 $12,357 $1,327,300 $659,500 $667,800
2022 $11,946 $1,327,300 $659,500 $667,800
2021 $11,760 $1,327,300 $659,500 $667,800
2020 $11,602 $1,107,100 $632,500 $474,600
2019 $11,326 $1,107,100 $632,500 $474,600
2018 $11,244 $1,130,100 $632,500 $497,600
2017 $11,290 $1,069,100 $573,800 $495,300
2016 $10,777 $1,069,100 $573,800 $495,300
2015 $10,627 $1,069,100 $573,800 $495,300
2014 $9,427 $938,900 $502,100 $436,800
Source: Public Records

Agents Affiliated with this Home

  • John Krekorian

    Seller's Agent in 2014

    John Krekorian

    RE/MAX FLAGSHIP, INC.

    (401) 742-8339

    24 in this area

    96 Total Sales

    John Krekorian
    Section Image

  • J

    Buyer's Agent in 2014

    Janet Kermes

    Mott & Chace Sotheby's Intl.

    (401) 527-8159

    28 in this area

    79 Total Sales

    Janet Kermes
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1050807

State-Wide MLS

APN: NARR-000198-000000-Y000001

Rhode Island Washington County Narragansett 02882

16 Wheatfield Cove Rd, Narragansett, RI

This home is located at 16 Wheatfield Cove Rd, Narragansett, RI 02882 since 12 September 2013 and is currently estimated at $2,525,726, approximately $770 per square foot. This property was built in 2010. 16 Wheatfield Cove 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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