NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,120,000

3 Beds
1.5 Baths
2,086 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $970,000 $465 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,427/month

11 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of October 2023

Waterfront with a dock on Narragansett Terrace! Enjoy spectacular sunsets and sunrises from this special property in a coveted location that is situated perfectly to offer expansive views of the Bay and both the Newport and Jamestown bridges. Step over the threshold into a charming home ready to move in or with potential for updates to make it your own. The kitchen offers granite counter tops and opens to a large family room with picture windows framing the boats sailing by. The first floor also features a 1/2 bath, a formal dining room and large living room with a fireplace that flows to a perfect space for an office or additional dining with a view. The large deck awaits you on a summer evening to grill and view the boating activity beyond. Upstairs are three bedrooms and a full bath. The lower level offers additional living space and more views with a walkout level with the patio under the deck. The yard flows to a patio and a dock giving you even more access to the water. This storybook cape is ready for its next owner. An offering not to be missed!

Last Agent to Sell the Property

Kirk Schryver Team

Compass Listed on: 09/05/2023

Compass

Last Buyer's Agent

William Tirrell

Lamacchia Realty, Inc License #RES.0029198

Lamacchia Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,180

Year Built

  • Built in 1946

Lot Details

  • 6,534 Sq Ft Lot
  • Beach Front
  • Sprinkler System
  • Property is zoned R3

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Family Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 009 / 07
  • Assessor Parcel Number 21SEAVIEWAVEPRO

Community Details

Overview

  • Terrace Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,180

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Inclusions: Taxes reflect 14% Homestead exemption
  • Subdivision Name: Terrace
  • Above Grade Finished Sq Ft: 1687.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1946
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 399.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 2086.0
  • Dining Room Type: Bathroom, Family Room, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Sprinkler System, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • 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, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 21SEAVIEWAVEPRO
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10180.26
  • Tax Block: 07
  • Tax Lot: 009
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 18, 2023
Sold by
Ralph and Ralph Rita Falaguerra
Bought by
Rafferty Jason R
Seller's Agent
Kirk Schryver Team
Compass
Buyer's Agent
William Tirrell
Lamacchia Realty, Inc
List Price
$879,000
Sold Price
$970,000
Premium/Discount to List
$91,000
10.35%
Views
95
Current Estimated Value
$1,022,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,703
Avg. Annual Appreciation
2.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rafferty Jason R $970,000 None Available
Rafferty Jason R $970,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $970,000 +10.4% $465 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $879,000 -- $421 / 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 $12,500 $956,400 $671,700 $284,700
2024 $12,295 $802,000 $559,800 $242,200
2023 $11,838 $802,000 $559,800 $242,200
2022 $11,914 $545,000 $376,700 $168,300
2021 $11,718 $545,000 $371,100 $173,900
2020 $11,222 $545,000 $371,100 $173,900
2019 $10,911 $545,000 $371,100 $173,900
2018 $11,882 $519,300 $371,100 $148,200
2017 $11,617 $519,300 $371,100 $148,200
2016 $13,590 $610,500 $439,300 $171,200
2015 $9,490 $413,500 $255,600 $157,900
2014 $9,490 $413,500 $255,600 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1342772

State-Wide MLS

APN: EPRO-000415-000007-000009