NOT LISTED FOR SALE

20 Narragansett Ave Unit 507 Narragansett, RI 02882

Estimated Value: $1,061,000 - $1,428,333

3 Beds
3 Baths
1,433 Sq Ft
$887/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $1,118,000 $780 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,675/month

5 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Clubhouse

About This Home

As of April 2023

Wandering gardens, stone walls, and courtyard water feature lead to this immaculate 3 bedroom, 3 full bathroom unit in the desirable Surfside condominium complex, a seeming destination unto itself. Located just steps from Narragansett beach, Atlantic Ocean and Lake Canochet views compliment the sophisticated yet easy interiors that perfectly embody the Narragansett lifestyle. Open interiors are outfitted with hardwood floors, marble countertops, interior shutters, crown moldings, Viking appliances, and gas fireplace, leaving nothing to be desired. Bask in the ocean air from two decks, perfect for enjoying coffee, wine, and dining al fresco. This unit boasts two assigned parking spaces, a relative rarity within the complex. Opportunities for activity and adventure are made effortless with an on-site fitness center and a storage unit perfect for kayaks, surfboards, or bicycles. Located in Narragansett's Pier neighborhood, shops, restaurants, the Historic Towers and beloved Seawall are all within a few minutes stroll. This distinguished Surfside unit promises luxurious simplicity this summer and for many summers to come.

Last Agent to Sell the Property

Kelly Holmes

Mott & Chace Sotheby's Intl. License #RES.0041620 Listed on: 03/22/2023

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Elizabeth Carrison

RI Real Estate Services License #RES.0043248

RI Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,423

Year Built

  • Built in 2007

Lot Details

  • Security Fence
  • Sprinkler System

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,433 Sq Ft Home
  • 3-Story Property
  • Marble Fireplace
  • Gas Fireplace
  • Water Views
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 507
  • Assessor Parcel Number 20NARRAGANSETTAV507NARR

Community Details

Overview

  • Association fees include ground maintenance, snow removal, security
  • 99 Units
  • Pier Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation
  • Clubhouse
  • Recreation Room

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,423

Year Built

Built in 2007

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Pier
  • Above Grade Finished Sq Ft: 1433.0
  • Building Name: Surfside
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Second Floor Access
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Tub Shower
  • Living Area: 1433.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Corner Lot, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Recreation Room, Garden Area
  • Association Fee: 534.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Security

Lot Info

  • Parcel #: 20NARRAGANSETTAV507NARR
  • Zoning: UR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 99

Tax Info

  • Tax Annual Amount: 8423.0
  • Tax Lot: 507
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 24, 2023
Sold by
Potluri Krishna
Bought by
Kathleen E Lynch Ret and Lynch
Seller's Agent
Kelly Holmes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Elizabeth Carrison
RI Real Estate Services
List Price
$995,000
Sold Price
$1,118,000
Premium/Discount to List
$123,000
12.36%
Views
306
Current Estimated Value
$1,359,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,454
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
May 12, 2021
Closed on
May 12, 2021
Sold by
Gaudreau Scott A and Gaudreau Lori
Bought by
Potluri Krishna
Seller's Agent
Erin Marsh
Mott & Chace Sotheby's Intl.
Buyer's Agent
Kelly Holmes
Mott & Chace Sotheby's Intl.
List Price
$934,000
Sold Price
$934,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$747,200
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 13, 2019
Sold by
Yolanda M Larchevesque T M and Yolanda Larchevesque
Bought by
Gaudreau Scott A and Gaudreau Lori
Seller's Agent
Jennifer Collins Boland
Mott & Chace Sotheby's Intl.
Buyer's Agent
Doug Jeffrey
Broadway Real Estate Group
List Price
$899,000
Sold Price
$820,000
Premium/Discount to List
-$79,000
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$656,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 6, 2013
Closed on
Sep 10, 2013
Sold by
Lucario Llc
Bought by
Yolnda M Larchevesque M and Yolnda Larchevesque
Seller's Agent
Sharon Viens
Sharon A. Viens
Buyer's Agent
Sharon Viens
Sharon A. Viens
List Price
$875,000
Sold Price
$865,000
Premium/Discount to List
-$10,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.92%

Purchase Details

Closed on
Jul 1, 2008
Sold by
Narr Pier Vlg Apt Llc
Bought by
Lucario Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kathleen E Lynch Ret $1,118,000 None Available
Potluri Krishna $934,000 None Available
Gaudreau Scott A $820,000 --
Yolnda M Larchevesque M $865,000 --
Lucario Llc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potluri Krishna $747,200
Previous Owner Gaudreau Scott A $656,000
Previous Owner Larchevesque Yolanda M $865,000
Previous Owner Lucario Llc $637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $1,118,000 +12.4% $780 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $995,000 +6.5% $694 / Sq Ft
05/12/2021 05/12/21 Sold $934,000 0.0% $652 / Sq Ft
05/12/2021 05/12/21 For Sale $934,000 +13.9% $652 / Sq Ft
06/20/2019 06/20/19 Sold $820,000 -8.8% $572 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $899,000 +3.9% $627 / Sq Ft
09/10/2013 09/10/13 Sold $865,000 -1.1% $604 / Sq Ft
08/11/2013 08/11/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $875,000 -- $611 / 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 $7,597 $1,159,900 $0 $1,159,900
2023 $8,765 $941,500 $0 $941,500
2022 $8,423 $935,900 $0 $935,900
2021 $8,292 $935,900 $0 $935,900
2020 $8,434 $804,800 $0 $804,800
2019 $8,233 $804,800 $0 $804,800
2018 $8,008 $804,800 $0 $804,800
2017 $7,523 $712,400 $0 $712,400
2016 $7,181 $712,400 $0 $712,400
2015 $7,081 $712,400 $0 $712,400
2014 $6,962 $693,400 $0 $693,400
Source: Public Records

Agents Affiliated with this Home

  • Kelly Holmes

    Seller's Agent in 2023

    Kelly Holmes

    Mott & Chace Sotheby's Intl.

    (914) 497-7603

    13 in this area

    73 Total Sales

    Section Image
  • Elizabeth Carrison

    Buyer's Agent in 2023

    Elizabeth Carrison

    RI Real Estate Services

    (401) 500-6377

    2 in this area

    79 Total Sales

    Section Image
  • Erin Marsh

    Seller's Agent in 2021

    Erin Marsh

    Mott & Chace Sotheby's Intl.

    (401) 225-4106

    13 in this area

    48 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    Jennifer Collins Boland

    Mott & Chace Sotheby's Intl.

    (401) 413-2597

    47 Total Sales

    Section Image
  • Doug Jeffrey

    Buyer's Agent in 2019

    Doug Jeffrey

    Broadway Real Estate Group

    (401) 255-5530

    1 in this area

    133 Total Sales

    Section Image

  • S

    Seller's Agent in 2013

    Sharon Viens

    Sharon A. Viens

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1331918

State-Wide MLS

APN: NARR-000181-C000000-000507

Rhode Island Washington County Narragansett 02882

20 Narragansett Ave Unit 507, Narragansett, RI

This home is located at 20 Narragansett Ave Unit 507, Narragansett, RI 02882 since 22 March 2023 and is currently estimated at $1,271,333, approximately $887 per square foot. This property was built in 2007. 20 Narragansett Ave Unit 507 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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