NOT LISTED FOR SALE

175 Ocean Rd Unit 5 Narragansett, RI 02882

Estimated Value: $1,410,000 - $1,805,000

3 Beds
3 Baths
2,132 Sq Ft
$1,037/mo HOA Fee

Last Sold November 04, 2022

Last sale price $1,650,000 $774 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,506/month

18 Days on Market

Highlights

  • Beach Front
  • Marina
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Attic

About This Home

As of November 2022

This exceptional oceanfront 2200 square foot condominium located in Narragansett Pier is being brought to market for the first time in twenty years. As part of the Green Inn association (13 units), this unique property offers unobstructed, panoramic water views from all floors. A classic wrap-around porch offers seaside living at its finest. Enjoy lazy summer afternoons lying in a hammock as you feel the cooling breezes from the Atlantic Ocean. what could be better than this? This property feels much more like a house than a condo with its three spacious bedrooms, three full baths, hardwood floors and a two-car attached garage. Renovations include replacement of windows, luxurious master bath and new beer/wine cooler, refrigerator, oven, dishwasher. First-floor features an updated gourmet kitchen, den, dining room, and an inviting living room with a wood-burning fireplace for those cool fall and winter evenings. Enjoy incredible oceanfront sunrises each morning from the oversized master bedroom that features a large ensuite bathroom and a huge walk-in closet and walk-out deck. From this room you can ascend to a climate-controlled attic office. A second spacious bedroom with an ensuite bathroom has plenty of closet space, plus a nook perfect for a home workspace. This unit also features a 1100 sq. ft full basement providing ample storage space. This is a once in a generation opportunity to live next to the ocean!

Last Agent to Sell the Property

James Wilson

Lila Delman Compass License #RES.0042100 Listed on: 07/18/2022

Lila Delman Compass

Co-Listed By

Holly Babij

Lila Delman Compass License #RES.0046109

Last Buyer's Agent

Diane Lazarus

Coldwell Banker Realty License #REB.0014206

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,591

Year Built

  • Built in 1987

HOA Fees

  • $1,037 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,132 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Skylights
  • Stone Fireplace
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Beach Front
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 32-5
  • Assessor Parcel Number 175OCEANRD5NARR

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, trash
  • Narragansett Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,591

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,037 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: Narragansett Pier
  • Above Grade Finished Sq Ft: 2132.0
  • Building Name: Green Inn
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1987
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 2132.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 1037.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 175OCEANRD5NARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9591.0
  • Tax Lot: 32-5
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2016
Sold by
Fogarty Kathleen C
Bought by
Fogarty Richard
Current Estimated Value
$1,618,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$331,281
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,286,792

Purchase Details

Closed on
Apr 4, 2016
Sold by
Fogarty Richard R and Fogarty Kathleen C
Bought by
Fogarty Kathleen C and Fogarty Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$331,281
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,286,792

Purchase Details

Closed on
Apr 3, 2000
Sold by
Ryer Everett A and Ryer Joan U
Bought by
Fogarthy Richard R and Fogarty Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
8.4%
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
Fogarty Richard $835,000 --
Fogarty Kathleen C -- --
Fogarthy Richard R $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fogarty Richard $417,000
Previous Owner Fogarthy Richard R $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $1,650,000 0.0% $774 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $1,650,000 -- $774 / 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 $10,583 $1,558,600 $0 $1,558,600
2024 $10,209 $1,558,600 $0 $1,558,600
2023 $10,037 $1,078,100 $0 $1,078,100
2022 $9,591 $1,065,700 $0 $1,065,700
2021 $9,442 $1,065,700 $0 $1,065,700
2020 $10,041 $958,100 $0 $958,100
2019 $9,801 $958,100 $0 $958,100
2018 $9,533 $958,100 $0 $958,100
2017 $8,275 $783,600 $0 $783,600
2016 $7,899 $783,600 $0 $783,600
2015 $7,789 $783,600 $0 $783,600
2014 $8,155 $812,300 $0 $812,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1315727

State-Wide MLS

APN: NARR-000032-E000000-000005