$1,280,000
SOLD FEB 21, 2025

22 Namcook Rd Narragansett, RI 02882

4 Beds
2 Baths
1,985 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$645 Per Sq Ft

17% Below List Price

89 Days on Market

Highlights

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

About This Home

As of February 2025

This enchanting Cape style home, nestled just steps from the ocean, offers the perfect blend of comfort and style. Boasting 1985 square feet of well-appointed living space, this delightful home features 4 spacious bedrooms and 2 full bathrooms, making it ideal for both relaxing getaways and entertaining friends and family. Step inside to discover an updated kitchen, complete with stainless appliances and stylish finishes. The first floor living area is inviting and open, perfect for unwinding after a day at the beach. Venture to the second floor and be captivated by breathtaking ocean views that create a serene backdrop for relaxation. Outside, you'll be captivated by the ocean breeze that reflects the tranquil coastal lifestyle. An outdoor shower adds a touch of convenience and charm, ideal for rinsing off after a day on the sand. The property is currently generating $5,000 per month in rental income through May, with significant potential for increased rental opportunities during the summer months. This dual-purpose gem offers the flexibility to serve as a lucrative investment property or a comfortable full-time residence. Don't miss your chance to own a slice of paradise with unparalleled water views and all the charm of the Bonnet Shores Neighborhood. Schedule your viewing today and make this coastal dream home yours!

Last Agent to Sell the Property

Keith Lagasse

KEY Real Estate Services License #RES.0048932 Listed on: 09/18/2024

Last Buyer's Agent

Jason Vickers

Lila Delman Compass License #REB.0019870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,720

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 455
  • Assessor Parcel Number 22NAMCOOKRDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,720

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1985.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Stall Shower, Tub Shower, Furnished, Cable TV
  • Living Area: 1985.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Other, Zoned
  • 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, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 22NAMCOOKRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6720.0
  • Tax Lot: 455
  • Tax Map Number: N-S
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Feb 19, 2025
Sold by
White Timothy A and White Andrew
Bought by
Mocha Blue Llc
Seller's Agent
Keith Lagasse
KEY Real Estate Services
Buyer's Agent
Jason Vickers
Lila Delman Compass
List Price
$1,550,000
Sold Price
$1,280,000
Premium/Discount to List
-$270,000
-17.42%
Views
97
Current Estimated Value
$1,433,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,647
Avg. Annual Appreciation
22.50%

Purchase Details

Closed on
Jul 26, 2024
Sold by
White Timothy A and Germain Caitlyn
Bought by
White Timothy A and White Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Interest Rate
6.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 26, 2021
Sold by
White Timothy A and Germain Caitlyn
Bought by
White Timothy A and Germain Caitlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 29, 2019
Closed on
Nov 14, 2019
Sold by
Ocean Breeze Rt
Bought by
White Timothy A and Germain Caitlyn
Seller's Agent
Sharon Ford
RI Real Estate Services
Buyer's Agent
Kara Guerette
RE/MAX Professionals
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
Original Mortgage
$551,250
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,280,000 None Available
Warranty Deed $1,280,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $735,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $766,550 Stand Alone Refi Refinance Of Original Loan
Previous Owner $240,000 Credit Line Revolving
Previous Owner $55,000 Credit Line Revolving
Previous Owner $548,250 New Conventional
Previous Owner $551,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $1,280,000 -5.2% $645 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $1,350,000 -6.9% $680 / Sq Ft
10/07/2024 10/07/24 Price Changed $1,450,000 -6.5% $730 / Sq Ft
09/18/2024 09/18/24 For Sale $1,550,000 +110.9% $781 / Sq Ft
11/14/2019 11/14/19 Sold $735,000 -7.5% $370 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $795,000 -- $401 / 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 $6,721 $1,026,100 $555,700 $470,400
2023 $6,121 $657,500 $326,900 $330,600
2022 $5,918 $657,500 $326,900 $330,600
2021 $5,825 $657,500 $326,900 $330,600
2020 $5,278 $503,600 $265,000 $238,600
2019 $5,152 $503,600 $265,000 $238,600
2018 $5,011 $503,600 $265,000 $238,600
2017 $4,841 $458,400 $274,700 $183,700
2016 $4,621 $458,400 $274,700 $183,700
2015 $4,556 $458,400 $274,700 $183,700
2014 $4,489 $447,100 $274,700 $172,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1368563

State-Wide MLS

APN: NARR-000455-000000-000000NS