NOT LISTED FOR SALE

225 Indian Trail Saunderstown, RI 02874

Estimated Value: $704,000 - $794,009

3 Beds
2 Baths
2,036 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $370,000 $182 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,389/month

27 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 2 Fireplaces
  • Narragansett Elementary School Rated A
  • Raised Ranch Architecture
  • 2 Car Attached Garage

About This Home

As of December 2018

Welcome home to 225 Indian Trail! An incredible opportunity to live in desirable Narragansett with access to private beach and dock as well as water views. Just steps from the water his three bedroom and two bath home features an over sized master and a recently renovated bathroom. Deck features a feeling of seclusion for entertaining or enjoying a quiet space in the back of the home while the front yard looks over Narrow River where you'll find a private beach as well as access to dockage, and spaces to put your canoe or kayak in the water as well. These feautures and the rare nature of this opportunity help make 225 Indian Trail a must see!

Last Agent to Sell the Property

Matt Phipps

Compass Listed on: 10/09/2018

Compass

Last Buyer's Agent

Vicki Carlson-Clark

BHHS Commonwealth Real Estate License #RES.0042612

BHHS  Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,125

Year Built

  • Built in 1977

Lot Details

  • 8,799 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Water Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Mooring

Utilities

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

Listing and Financial Details

  • Tax Lot 1-53
  • Assessor Parcel Number 225INDIANTRLNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,125

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.202
  • Above Grade Finished Sq Ft: 1412.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 624.0
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 2036.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Mooring, Water Access, Walk to Water
  • Construction Type: Aluminum Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8799.0
  • Parcel #: 225INDIANTRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3125.0
  • Tax Lot: 1-53
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 6, 2018
Sold by
Nelson Mikaela M
Bought by
36 King Street Llc
Seller's Agent
Matt Phipps
Compass
Buyer's Agent
Vicki Carlson-Clark
BHHS Commonwealth Real Estate
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Current Estimated Value
$750,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,252
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Jul 18, 2018
Sold by
Nelson Robert A
Bought by
Nelson Mikaela M

Purchase Details

Closed on
Sep 30, 2002
Sold by
Ferucci Michael A and Ferucci Michele A
Bought by
Nelson Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
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
36 King Street Llc $370,000 --
Nelson Mikaela M -- --
Nelson Robert A $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrucci Michael A $304,000
Previous Owner Ferrucci Michael A $300,000
Previous Owner Ferrucci Michael A $119,000
Previous Owner Ferrucci Michael A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $370,000 -7.5% $182 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $400,000 -- $196 / 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 $3,979 $607,500 $257,600 $349,900
2023 $3,931 $422,200 $184,000 $238,200
2022 $3,800 $422,200 $184,000 $238,200
2021 $3,741 $422,200 $184,000 $238,200
2020 $3,695 $352,600 $125,400 $227,200
2019 $3,548 $346,800 $125,400 $221,400
2018 $3,451 $346,800 $125,400 $221,400
2017 $3,125 $295,900 $131,200 $164,700
2016 $2,983 $295,900 $131,200 $164,700
2015 $2,941 $295,900 $131,200 $164,700
2014 $2,902 $289,000 $124,300 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1206519

State-Wide MLS

APN: NARR-000001-N000000K-000053