NOT LISTED FOR SALE

226 Indian Trail Saunderstown, RI 02874

Estimated Value: $1,598,000 - $1,802,000

5 Beds
3 Baths
2,722 Sq Ft
$615/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $805,000 $296 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $9,597/month

30 Days on Market

Highlights

  • Marina
  • River Access
  • Deck
  • Narragansett Elementary School Rated A
  • Waterfront
  • Contemporary Architecture

About This Home

As of June 2018

WATERFRONT WITH DOCK. There are endless possibilities for this spacious, contemporary home located on Narrow River. This home will make for a great primary residence, vacation home or investment property. Located in the north end of Narragansett, this home has over 2,700 square feet of indoor living space including 5 bedrooms, 3 full bathrooms and a sunroom. Other features include central air conditioning, 2 fireplaces, underground sprinklers and a 2 car garage. The spectacular outdoor areas include ample opportunities to take in the breathtaking views from your private riverfront deck and patio. Enjoy the beautiful sunsets around the fire pit area and along the dock. Subject to seller finding suitable housing.

Last Agent to Sell the Property

Kevin Kanaczet

Doorley Real Estate Inc License #RES.0033543 Listed on: 04/25/2018

Last Buyer's Agent

Rob Doorley

Doorley Real Estate Inc License #REC.0015548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1973

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • Sprinkler System
  • Property is zoned R-10

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Clapboard

Interior Spaces

  • 2,722 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Access
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1-1
  • Assessor Parcel Number 226INDIANTRLNARR

Community Details

Overview

  • Saunderstown, Forest Lakes Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,300

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Subdivision Name: Saunderstown, Forest Lakes
  • Above Grade Finished Sq Ft: 2722.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 2722.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System, Waterfront
  • Waterfront Features: Dock Access, River Access, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: 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: 16117.0
  • Parcel #: 226INDIANTRLNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5300.0
  • Tax Lot: 1-1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 25, 2018
Sold by
Bois Steven G and Bois Carmen I
Bought by
Hogan 3Rd William E and Hogan Karen B
Seller's Agent
Kevin Kanaczet
Doorley Real Estate Inc
Buyer's Agent
Rob Doorley
Doorley Real Estate Inc
List Price
$810,000
Sold Price
$805,000
Premium/Discount to List
-$5,000
-0.62%
Current Estimated Value
$1,672,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,953
Avg. Annual Appreciation
10.32%
Original Mortgage
$644,000
Outstanding Balance
$556,952
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,116,001

Purchase Details

Closed on
May 21, 2004
Sold by
Khosrowshahi Maryam and Khosrowshahi Amir Ali
Bought by
Bois Steven G and Bois Carmen I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hogan 3Rd William E $805,000 --
Bois Steven G $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan 3Rd William E $644,000
Previous Owner Bois Steven G $334,000
Previous Owner Bois Steven G $341,000
Previous Owner Bois Steven G $341,000
Previous Owner Bois Steven G $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $805,000 -0.6% $296 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $810,000 -- $298 / 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 $9,457 $1,392,800 $552,800 $840,000
2024 $9,123 $1,392,800 $552,800 $840,000
2023 $9,087 $976,000 $394,900 $581,100
2022 $8,784 $976,000 $394,900 $581,100
2021 $8,647 $976,000 $394,900 $581,100
2020 $7,118 $679,200 $269,000 $410,200
2019 $4,830 $472,100 $269,000 $203,100
2018 $4,697 $472,100 $269,000 $203,100
2017 $5,238 $496,000 $279,800 $216,200
2016 $5,000 $496,000 $279,800 $216,200
2015 $4,930 $496,000 $279,800 $216,200
2014 $4,801 $478,200 $265,100 $213,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1188541

State-Wide MLS

APN: NARR-000001-N000000K-000001