NOT LISTED FOR SALE

18 Jakes Way Narragansett, RI 02882

Estimated Value: $897,000 - $1,210,000

3 Beds
2.5 Baths
2,593 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $640,000 $247 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,709/month

124 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to Narragansett Parks & Rec Department

About This Home

As of August 2015

LIGHT FILLED END UNIT WITHIN WALKING DISTANCE TO THE BEACH! DRAMATIC GREAT ROOM/LIVING ROOM WITH FIREPLACE AND SOARING CEILINGS. MASTER SUITE ON FIRST FLOOR. ALMOST 2600 SQ FT OF LIVING SPACE WITH GREAT STORAGE AND TWO CAR GARAGE. PRISTINE CONDITION.

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 03/02/2015

Mott & Chace Sotheby's Intl.

Co-Listed By

Claudia Philbrick

Mott & Chace Sotheby's Intl. License #RES.0024497

Last Buyer's Agent

Nicole Harding

Lila Delman Compass License #RES.0029555

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,765

Year Built

  • Built in 2005

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Marble Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • Den
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 18JAKESWY18NARR

Community Details

Overview

  • 12 Units
  • Scarborough Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,765

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: MOCH03
  • Co List Office Phone: 401-789-8899
  • Subdivision Name: SCARBOROUGH BEACH
  • Above Grade Finished Sq Ft: 2593.0
  • Building Name: CLARKE PLACE
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Marble
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 2593.0
  • Dining Room Type: Den, Dining Room, Kitchen, Laundry, Living Room, Master Bedroom
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 200+ 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
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 18JAKESWY18NARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 5765.0
  • Tax Lot: 22
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2017
Sold by
Durand Francis X and Durand Bonnie M
Bought by
Durand Francis X and Durand Bonnie M
Current Estimated Value
$1,093,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$65,047
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$1,027,992

Purchase Details

Closed on
May 31, 2017
Sold by
Zuckerberg Muriel
Bought by
Durand Francis X and Durand Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$65,047
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$1,027,992

Purchase Details

Closed on
Oct 28, 2016
Sold by
Melone Brenda L
Bought by
Zuckerberg Muriel

Purchase Details

Listed on
Mar 2, 2015
Closed on
Jul 31, 2015
Sold by
Nmd Investments Llc
Bought by
Melone Brenda L and Zuckerberg Muriel
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Nicole Harding
Lila Delman Compass
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
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
Durand Francis X -- --
Durand Francis X -- --
Durand Francis X $615,000 --
Zuckerberg Muriel -- --
Melone Brenda L $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durand Francis X $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2015 08/04/15 Sold $640,000 -1.5% $247 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $650,000 -- $251 / 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 $6,367 $937,700 $0 $937,700
2024 $6,142 $937,700 $0 $937,700
2023 $6,389 $686,300 $0 $686,300
2022 $6,177 $686,300 $0 $686,300
2021 $6,081 $686,300 $0 $686,300
2020 $6,550 $625,000 $0 $625,000
2019 $6,394 $625,000 $0 $625,000
2018 $6,219 $625,000 $0 $625,000
2017 $6,579 $623,000 $0 $623,000
2016 $6,280 $623,000 $0 $623,000
2015 $6,193 $623,000 $0 $623,000
2014 $5,765 $574,200 $0 $574,200
Source: Public Records

Agents Affiliated with this Home

  • Judith Chace

    Seller's Agent in 2015

    Judith Chace

    Mott & Chace Sotheby's Intl.

    (401) 207-9166

    2 in this area

    12 Total Sales

    Judith Chace
    Section Image
  • Claudia Philbrick

    Seller Co-Listing Agent in 2015

    Claudia Philbrick

    Mott & Chace Sotheby's Intl.

    (401) 742-2667

    3 in this area

    11 Total Sales

    Claudia Philbrick
    Section Image

  • N

    Buyer's Agent in 2015

    Nicole Harding

    Lila Delman Compass

    (401) 419-2606

    51 in this area

    75 Total Sales

    Nicole Harding
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1089083

State-Wide MLS

APN: NARR-000022-V000000-000028

Rhode Island Washington County Narragansett 02882

18 Jakes Way, Narragansett, RI

This home is located at 18 Jakes Way, Narragansett, RI 02882 since 02 March 2015 and is currently estimated at $1,093,039, approximately $421 per square foot. This property was built in 2005. 18 Jakes 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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