NOT LISTED FOR SALE

161 Ocean Rd Unit 12 Narragansett, RI 02882

Estimated Value: $908,000 - $1,176,000

2 Beds
1.5 Baths
981 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $610,000 $622 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,205/month

36 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of June 2019

Green Inn Landing - Two bedroom ocean view condo across from sea wall in Narrgansett Pier. Two levels, one and a half baths, granite kitchen with skylight, carport, washer/dryer in unit, private deck with ocean views. Excellent move-in condition.

Last Agent to Sell the Property

Claudia Philbrick

Mott & Chace Sotheby's Intl. License #RES.0024497 Listed on: 04/08/2019

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Alyce Wright

Lila Delman Compass License #RES.0033781

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1987

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 981 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Thermal Windows
  • Storage Room
  • Laundry in unit
  • Water Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 161BOCEANRD12NARR

Community Details

Overview

  • 12 Units
  • Narragansett Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,465

Year Built

Built in 1987

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Narragansett Pier
  • Above Grade Finished Sq Ft: 981.0
  • Building Name: Green Inn Landing
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1987
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower
  • Living Area: 981.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 380.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 161BOCEANRD12NARR
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 5465.0
  • Tax Lot: 29
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 6, 2019
Sold by
Simpson Brian P
Bought by
Tartaglione Teresa and Rosok Larry
Seller's Agent
Claudia Philbrick
Mott & Chace Sotheby's Intl.
Buyer's Agent
Alyce Wright
Lila Delman Compass
List Price
$629,000
Sold Price
$610,000
Premium/Discount to List
-$19,000
-3.02%
Current Estimated Value
$1,009,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,455
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jun 21, 2016
Sold by
Romano Carl
Bought by
Simpson Brian P
Seller's Agent
Gladys Barbosa
Edge Realty RI
Buyer's Agent
Gladys Barbosa
Edge Realty RI
List Price
$659,000
Sold Price
$575,000
Premium/Discount to List
-$84,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$125,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
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
Tartaglione Teresa $610,000 --
Simpson Brian P $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpson Brian P $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2019 06/14/19 Sold $610,000 -3.0% $622 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $629,000 +9.4% $641 / Sq Ft
06/21/2016 06/21/16 Sold $575,000 -12.7% $587 / Sq Ft View Prior Sale
05/22/2016 05/22/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $659,000 -- $672 / 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
2025 $5,870 $864,500 $0 $864,500
2024 $5,662 $864,500 $0 $864,500
2023 $5,673 $609,300 $0 $609,300
2022 $5,484 $609,300 $0 $609,300
2021 $5,398 $609,300 $0 $609,300
2020 $5,756 $549,200 $0 $549,200
2019 $5,618 $549,200 $0 $549,200
2018 $5,465 $549,200 $0 $549,200
2017 $5,043 $477,600 $0 $477,600
2016 $4,814 $477,600 $0 $477,600
2015 $4,747 $477,600 $0 $477,600
2014 $4,970 $495,000 $0 $495,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1219686

State-Wide MLS

APN: NARR-000029-E000000-000012