NOT LISTED FOR SALE

2 Gaspee Rd Narragansett, RI 02882

Estimated Value: $2,160,000 - $2,890,000

2 Beds
1.5 Baths
1,065 Sq Ft
$2,347/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $575,000 $540 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $14,266/month

134 Days on Market

Highlights

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

About This Home

As of April 2018

Unobstructed ocean and beach views of Atlantic and Scarborough Beach. Family home completely rebuilt in 2000. Open floor plan, master on the first level, guest loft for guests. Large spacious oceanview deck and outside shower. Economical natural gas heat. Hardwoods and gas fireplace.

Last Agent to Sell the Property

James Durkin

Durkin Cottage Realty License #REB.0010447 Listed on: 11/16/2017

Last Buyer's Agent

Robin Leclerc

Residential Properties Ltd. License #RES.0035702

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 2000

Lot Details

  • 4,500

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Siding

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Marble Fireplace
  • Thermal Windows
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • 4,500 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 2GASPEERDNARR

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

$6,185

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1033
  • Subdivision Name: SCARBOROUGH
  • Above Grade Finished Sq Ft: 1065.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Marble
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Skylights
  • Living Area: 1065.0
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 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

  • Land Lease: No
  • Lot Size Sq Ft: 4500.0
  • Parcel #: 2GASPEERDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6185.0
  • Tax Lot: 33
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
May 1, 2018
Sold by
Jean M Arnau Ret
Bought by
2 Gaspee Llc
Seller's Agent
James Durkin
Durkin Cottage Realty
Buyer's Agent
Robin Leclerc
Residential Properties Ltd.
List Price
$589,500
Sold Price
$575,000
Premium/Discount to List
-$14,500
-2.46%
Current Estimated Value
$2,499,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,924,356
Avg. Annual Appreciation
20.25%
Original Mortgage
$955,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2012
Sold by
Arnau Jean M
Bought by
Jean M Arnau Ret

Purchase Details

Closed on
Jul 19, 1976
Bought by
Jean M Arnau Ret
Source: Public Records

Range of Values:

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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
2 Gaspee Llc $575,000 --
Jean M Arnau Ret -- --
Jean M Arnau Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Gaspee Llc $955,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $575,000 -2.5% $540 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $589,500 -- $554 / 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 $12,184 $1,860,200 $1,080,800 $779,400
2023 $11,731 $1,260,000 $701,900 $558,100
2022 $11,340 $1,260,000 $701,900 $558,100
2021 $11,164 $1,260,000 $701,900 $558,100
2020 $10,031 $957,200 $541,700 $415,500
2019 $6,455 $631,000 $541,700 $89,300
2018 $6,278 $631,000 $541,700 $89,300
2017 $6,185 $585,700 $527,800 $57,900
2016 $5,904 $585,700 $527,800 $57,900
2015 $5,822 $585,700 $527,800 $57,900
2014 $6,526 $650,000 $587,800 $62,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Durkin

    Durkin Cottage Realty

    (401) 789-6659

    46 in this area

    48 Total Sales

    James Durkin
    Section Image
  • Robin Leclerc

    Buyer's Agent in 2018

    Robin Leclerc

    Residential Properties Ltd.

    (401) 556-8894

    7 in this area

    23 Total Sales

    Robin Leclerc
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1178063

State-Wide MLS

APN: NARR-000033-000000-K000000

Rhode Island Washington County Narragansett 02882

2 Gaspee Rd, Narragansett, RI

This home is located at 2 Gaspee Rd, Narragansett, RI 02882 since 16 November 2017 and is currently estimated at $2,499,356, approximately $2,346 per square foot. This property was built in 2000. 2 Gaspee 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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