NOT LISTED FOR SALE

22 Mathewson St Narragansett, RI 02882

Estimated Value: $2,071,000 - $2,739,597

4 Beds
3.5 Baths
2,792 Sq Ft
$878/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $2,250,000 $806 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $14,393/month

37 Days on Market

Highlights

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

About This Home

As of September 2021

Charm & elegance abound in this exquisite ocean view home completely rebuilt & beautifully redesigned in 2018.Rich with character, Ninigret Cottage Circa 1875 is a harmonious blend of original detailing & bespoke upgrading.Seldom do homes on this coveted street in the Pier become available.Gorgeous ocean views throughout & direct views of Narragansett beach,enjoy the beachside lifestyle & sounds of the surf.The main floor features a graceful foyer & showcases a gourmet kitchen well-equipped w/ wet bar & 2 islands for hosting family & friends.Adjacent is a dining room perfect for dinner parties w/ stunning glass French doors leading out to a patio overlooking the ocean. Also on this level is a comfy living room w/ gas fireplace & a bedroom/den with soaring ceilings.Striking details & finishes include wide plank hardwoods, remilled 100 yr old long leaf yellow pine flooring, high ceilings & handcrafted shiplap.Occupying the 2nd floor are 2 en suite bedrooms,a chic laundry room,an office/bedroom & a primary bedroom w/ a walk-in closet & lavish bathroom w/ marble flooring, soaking claw foot tub & amazing ocean views from your shower.Outside is a welcoming porch,magical gardens & courtyard bordered by tall hedges for total privacy,an expansive patio,outdoor shower & separate garage.The combined result is an once-in-a-lifetime opportunity to own a timeless & tranquil haven to be treasured for generations that's just steps to the beach,restaurants,cafes,shops,library,spa & more.

Last Agent to Sell the Property

Dan Harding

Lila Delman Compass License #RES.0032455 Listed on: 07/22/2021

Co-Listed By

Nicole Harding

Lila Delman Compass License #RES.0029555

Last Buyer's Agent

Timothy Haxton

Re/Max Flagship, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,346

Year Built

  • Built in 1875

Lot Details

  • 8,259 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned R10

Parking

  • 1 Car Detached Garage

Home Design

  • Antique Architecture
  • Victorian Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,792 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 22MATHEWSONSTNARR

Community Details

Overview

  • Narragansett Pier Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,346

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1896
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: NARRAGANSETT PIER BEACH
  • Above Grade Finished Sq Ft: 2792.0
  • Architectural Style: Historic/Antique, Victorian
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation, Lighting, Water Heater
  • Building Stories: 2
  • Year Built: 1875
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2792.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hydro Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8259.0
  • Parcel #: 22MATHEWSONSTNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7346.0
  • Tax Lot: 59
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 28, 2021
Sold by
Smith Lawrence F and Smith Susan D
Bought by
Mcgreen Robert J and Wegrzyn-Mcgreen Patricia
Seller's Agent
Dan Harding
Lila Delman Compass
Buyer's Agent
Timothy Haxton
Re/Max Flagship, Inc.
List Price
$1,980,000
Sold Price
$2,250,000
Premium/Discount to List
$270,000
13.64%
Current Estimated Value
$2,451,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,199
Avg. Annual Appreciation
2.81%
Original Mortgage
$1,687,500
Outstanding Balance
$1,535,991
Interest Rate
1.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$971,679

Purchase Details

Listed on
Mar 2, 2013
Closed on
Jul 2, 2013
Sold by
Wholey Elsa
Bought by
Smith Lawrence F and Smith Susan D
Seller's Agent
John Biafore
Lighthouse Real Estate Group
Buyer's Agent
Bonnie Kaplan
Mott & Chace Sotheby's Intl.
List Price
$779,000
Sold Price
$725,000
Premium/Discount to List
-$54,000
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%
Original Mortgage
$530,000
Interest Rate
3.51%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Nonie M Wholey Trust
Bought by
Wholey Timothy M and Wholey Elsa
Source: Public Records

Range of Values:

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Average Value
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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
Mcgreen Robert J $2,250,000 None Available
Smith Lawrence F $725,000 --
Wholey Timothy M $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgreen Robert J $1,687,500
Previous Owner Smith Lawrence F $250,000
Previous Owner Smith Lawrence F $150,000
Previous Owner Wholey Timothy M $530,000
Previous Owner Wholey Timothy M $233,000
Previous Owner Wholey Timothy M $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $2,250,000 +13.6% $806 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,980,000 +173.1% $709 / Sq Ft
07/02/2013 07/02/13 Sold $725,000 -6.9% $260 / Sq Ft
06/02/2013 06/02/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $779,000 -- $279 / 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 $12,442 $1,899,500 $801,700 $1,097,800
2023 $8,930 $959,200 $545,300 $413,900
2022 $8,633 $959,200 $545,300 $413,900
2021 $8,499 $959,200 $545,300 $413,900
2020 $8,633 $823,800 $479,400 $344,400
2019 $8,427 $823,800 $479,400 $344,400
2018 $7,265 $730,200 $479,400 $250,800
2017 $7,252 $686,700 $418,500 $268,200
2016 $6,922 $686,700 $418,500 $268,200
2015 $6,826 $686,700 $418,500 $268,200
2014 $6,179 $615,400 $382,700 $232,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1288870

State-Wide MLS

APN: NARR-000059-000000-D000000