Seller's Agent in 2017
David Carty
CARTY REALTY
(401) 662-9600
44 in this area
88 Total Sales
23 Othmar St Narragansett, RI 02882
Estimated Value: $1,226,000 - $1,459,000
3
Beds
2
Baths
2,020
Sq Ft
$657/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Narragansett Elementary School Rated A
- Beach Access
- Plywood Flooring
About This Home
As of April 2017SPACIOUS 3 BED RANCH WITH BEAUTIFUL VIEWS OF ATLANTIC OCEAN & NARRAGANSETT PIER. MANICURED GROUNDS WITH GREAT OUTDOOR SPACE WHICH INCLUDES BAR, JACUZZI & EXPANSIVE DECK AREA. AMENITIES INCLUDE HARDWOODS, BRICK FIREPLACE, LIVING ROOM, DINING AREA & EAT IN KITCHEN. IN ADDITION, 1 BEDROOM COTTAGE IS INCLUDED WITH SALE. ONE BLOCK FROM NARRAGANSETT BEACH & ATLANTIC OCEAN. IDEAL LOCATION, TOWN SEWER & WATER, GAS IS IN THE STREET. GREAT YEAR ROUND OR VACATION PROPERTY IN THE PIER. SELLER TO FIND SUITABLE HOUSING.
Last Buyer's Agent
Gregory Arakelian
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,940
Year Built
- Built in 1951
Lot Details
- 8,712 Sq Ft Lot
- Property is zoned R-10
Home Design
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,020 Sq Ft Home
- 1-Story Property
- Fireplace Features Masonry
- Water Views
- Crawl Space
- Storm Doors
Kitchen
- Dishwasher
- Disposal
Flooring
- Plywood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Screened Patio
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
- Oil Water Heater
Listing and Financial Details
- Tax Lot 180
- Assessor Parcel Number 23OthmarSTNARR
Community Details
Overview
- Pier Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2017
Closed on
Apr 28, 2017
Sold by
Sullivan Diane M
Bought by
Arakelian Paul G and Arakelian Mary L
Seller's Agent
David Carty
CARTY REALTY
Buyer's Agent
Gregory Arakelian
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,524
Avg. Annual Appreciation
7.18%
Original Mortgage
$424,100
Outstanding Balance
$353,781
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$972,743
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arakelian Paul G | $735,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arakelian Paul G | $424,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2017 04/28/17 | Sold | $735,000 | -1.9% | $364 / Sq Ft |
| 03/29/2017 03/29/17 | Pending | -- | -- | -- |
| 02/11/2017 02/11/17 | For Sale | $749,000 | -- | $371 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,597 | $1,118,800 | $728,700 | $390,100 |
| 2024 | $7,328 | $1,118,800 | $728,700 | $390,100 |
| 2023 | $7,612 | $817,600 | $548,000 | $269,600 |
| 2022 | $7,358 | $817,600 | $548,000 | $269,600 |
| 2021 | $7,402 | $835,400 | $548,000 | $287,400 |
| 2020 | $6,202 | $591,800 | $338,500 | $253,300 |
| 2019 | $6,158 | $602,000 | $338,500 | $263,500 |
| 2018 | $5,709 | $573,800 | $338,500 | $235,300 |
| 2017 | $6,223 | $589,300 | $363,400 | $225,900 |
| 2016 | $5,940 | $589,300 | $363,400 | $225,900 |
| 2015 | $5,858 | $589,300 | $363,400 | $225,900 |
| 2014 | $5,060 | $504,000 | $274,300 | $229,700 |
Source: Public Records
Agents Affiliated with this Home
-
David Carty
-
G
Buyer's Agent in 2017
Gregory Arakelian
-
Greg Arakelian
Buyer's Agent in 2017
Greg Arakelian
Mott & Chace Sotheby's Intl.
(401) 954-5703
13 in this area
43 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1151878
APN: NARR-000180-000000-C000000
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