NOT LISTED FOR SALE

232 Bonnet Point Rd Narragansett, RI 02882

Estimated Value: $977,000 - $1,237,000

2 Beds
1.5 Baths
1,344 Sq Ft
$793/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $955,000 $711 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,112/month

21 Days on Market

Highlights

  • Marina
  • Water Views
  • Cape Cod Architecture
  • Narragansett Elementary School Rated A
  • Beach Access
  • Wood Flooring

About This Home

As of June 2022

Classic BONNET SHORES Cape just steps from private Kelly Beach in the heart of Bonnet. Second floor is dormered with waterviews and plenty of closets, half bath & great room. Beautiful natural light and hardwoods. Relax on wonderful porch/3 season room with waterviews of Wesquage Pond. 2 car garage. Home needs work, but great opportunity to make it your own. Home is waiting for you to make lasting memories by the sea. Enjoy all of Bonnet's amenities: 2 beaches, boating, kayaking, swimming, surfing, fishing, docks, pickleball cts, playground, summer camp, basketball ct and much more. Spectacular community and very desirable location. Close to Narragansett's fine dining, shopping and Newport.

Last Agent to Sell the Property

Sharon Ford

RI Real Estate Services License #RES.0028353 Listed on: 04/28/2022

RI Real Estate Services

Last Buyer's Agent

Michele Doherty

Lila Delman Compass License #RES.0042281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 518
  • Assessor Parcel Number 232BONNETPOINTRDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,437

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1953
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Water HeaterRented, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1344.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 232BONNETPOINTRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4437.0
  • Tax Lot: 518
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 9, 2022
Sold by
Ryan Helen K Est
Bought by
Bourque Zahary A and Bourque Megan R
Seller's Agent
Sharon Ford
RI Real Estate Services
Buyer's Agent
Michele Doherty
Lila Delman Compass
List Price
$825,000
Sold Price
$955,000
Premium/Discount to List
$130,000
15.76%
Current Estimated Value
$1,066,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,380
Avg. Annual Appreciation
3.38%
Original Mortgage
$764,000
Outstanding Balance
$725,863
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,517

Purchase Details

Closed on
Jan 9, 2014
Sold by
Ryan Mary
Bought by
Ryan Helen K
Source: Public Records

Range of Values:

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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
Bourque Zahary A $315,150 None Available
Bourque Zachary A $639,850 None Available
Ryan Helen K $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourque Zachary A $764,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $955,000 +15.8% $711 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $825,000 -- $614 / 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 $5,237 $799,500 $507,500 $292,000
2023 $4,662 $500,800 $298,500 $202,300
2022 $4,507 $500,800 $298,500 $202,300
2021 $4,437 $500,800 $298,500 $202,300
2020 $4,639 $442,700 $243,400 $199,300
2019 $4,529 $442,700 $243,400 $199,300
2018 $4,405 $442,700 $243,400 $199,300
2017 $4,175 $395,400 $246,300 $149,100
2016 $3,986 $395,400 $246,300 $149,100
2015 $3,930 $395,400 $246,300 $149,100
2014 $3,970 $395,400 $246,300 $149,100
Source: Public Records

Agents Affiliated with this Home

  • Sharon Ford

    Seller's Agent in 2022

    Sharon Ford

    RI Real Estate Services

    (401) 440-2954

    35 in this area

    53 Total Sales

    Sharon Ford
    Section Image
  • Michele Doherty

    Buyer's Agent in 2022

    Michele Doherty

    Lila Delman Compass

    (401) 835-1616

    28 in this area

    67 Total Sales

    Michele Doherty
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1308826

State-Wide MLS

APN: NARR-000518-000000-000000NS

Rhode Island Washington County Narragansett 02882

232 Bonnet Point Rd, Narragansett, RI

This home is located at 232 Bonnet Point Rd, Narragansett, RI 02882 since 28 April 2022 and is currently estimated at $1,066,380, approximately $793 per square foot. This property was built in 1953. 232 Bonnet Point Rd is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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