NOT LISTED FOR SALE

216 Wood Hill Rd Narragansett, RI 02882

Estimated Value: $1,997,156 - $2,524,000

4 Beds
2.5 Baths
2,819 Sq Ft
$811/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $1,425,000 $505 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,427/month

48 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 0.47 Acre Lot

About This Home

As of March 2020

Perched above Point Judith Pond sits this spectacular waterfront home.Gracefully set on almost ½ acre in Narragansett’s picturesque Harbour Island neighborhood & ideally facing west for enjoying magnificent sunsets.This one-level living home has been completely renovated in recent years.An impressive living room with soaring ceilings showcases a grand stone fireplace & is adjacent to a spacious eat-in kitchen.The kitchen is a large family space with a center island that opens to a generous dining area & huge deck with sweeping water views.Walls of sliding glass doors for easy access to the deck offers a year-round indoor-outdoor lifestyle designed for entertaining or simply relaxing.Step out to your own private, brand new 339 sq ft dock that is true deep water with a 7 ft draft, can accommodate a substantial boat/yacht and hold up to 4 boats.This is the perfect haven for a boater. The salt pond provides access for fishing,swimming, sailing, kayaking & paddle boarding.The main level features 4 bedrooms including the master that comprises a spacious en suite bath & walk-in closet. A walkout lower level is currently used as a family room,laundry, & sports/hobby room with plenty of extra space for storage.Harbour Island is one of Narragansett's most desirable waterfront coastal communities.Residents may enjoy a private association & beach.With easy access to Narragansett’s shops,restaurants & white sandy beaches,this remarkable property is certain to be treasured for generations.

Last Agent to Sell the Property

Dan Harding

Lila Delman Compass License #RES.0032455 Listed on: 01/06/2020

Co-Listed By

Nicole Harding

Lila Delman Compass License #RES.0029555

Last Buyer's Agent

Steve Marasco

Marasco Realty Associates License #REB.0011640

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,069

Year Built

  • Built in 1974

Lot Details

  • 0.47 Acre Lot
  • Beach Front
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 393
  • Assessor Parcel Number 216WOODHILLRDNARR

Community Details

Overview

  • Waterfront Harbour Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,069

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4697
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: Waterfront Harbour Island
  • Above Grade Finished Sq Ft: 1869.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 950.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Cedar Closet(s), Tub Shower
  • Living Area: 2819.0
  • Dining Room Type: Bathroom, Game Room, Laundry, Storage Room, Utility Room, Workshop
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20460.0
  • Parcel #: 216WOODHILLRDNARR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10069.0
  • Tax Lot: 393
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Mar 24, 2020
Sold by
Tetzner Stephen C and Tetzner Barbara E
Bought by
Frank Thomas M and Frank Patricia J
Seller's Agent
Dan Harding
Lila Delman Compass
Buyer's Agent
Steve Marasco
Marasco Realty Associates
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%
Current Estimated Value
$2,287,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,039
Avg. Annual Appreciation
9.10%
Original Mortgage
$550,000
Outstanding Balance
$490,391
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,796,648

Purchase Details

Closed on
Oct 1, 2019
Sold by
Tetzner Stephen C
Bought by
Tetzner Stephen C and Tetzner Barbara E

Purchase Details

Closed on
Apr 1, 1999
Sold by
Soleau Robert H and Soleau Mary Christine
Bought by
Tetzner Stephen C and Amborgi Elizabeth
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
Frank Thomas M $1,425,000 None Available
Tetzner Stephen C -- --
Tetzner Stephen C $447,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Thomas M $550,000
Previous Owner Tetzner Stephen C $1,100,000
Previous Owner Tetzner Stephen C $1,100,000
Previous Owner Tetzner Stephen C $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $1,425,000 -4.7% $505 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $1,495,000 -- $530 / 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 $11,882 $1,814,000 $1,188,500 $625,500
2023 $11,584 $1,244,300 $819,600 $424,700
2022 $11,199 $1,244,300 $819,600 $424,700
2021 $11,024 $1,244,300 $819,600 $424,700
2020 $10,606 $1,012,000 $707,400 $304,600
2019 $10,353 $1,012,000 $707,400 $304,600
2018 $10,069 $1,012,000 $707,400 $304,600
2017 $9,547 $904,100 $634,600 $269,500
2016 $9,113 $904,100 $634,600 $269,500
2015 $8,987 $904,100 $634,600 $269,500
2014 $9,077 $904,100 $634,600 $269,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1244058

State-Wide MLS

APN: NARR-000393-000000-Y000001