NOT LISTED FOR SALE

24 Palm Beach Ave Narragansett, RI 02882

Estimated Value: $668,000 - $846,000

2 Beds
1 Bath
1,896 Sq Ft
$386/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $515,000 $272 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,250/month

5 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of November 2023

This wonderful home boasts ample space and is conveniently situated near all of the local beaches and amenities. This home is perfect for your summer home, full-time one level living or college and summer rentals. The first floor offers two comfortable bedrooms, a spacious living area with working wood fireplace and a fully equipped kitchen, as well as a bathroom nearby. Large basement for laundry and workshop. Sunroom off the rear of the home with exit to the side of the yard. Plenty of parking is available on the premises, and an ample yard ideal for hosting cookouts and other fun family gatherings.

Last Agent to Sell the Property

William Piva

RI Real Estate Services License #RES.0041414 Listed on: 10/04/2023

RI Real Estate Services

Last Buyer's Agent

Denise D'amico

Residential Properties Ltd. License #RES.0031070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1938

Lot Details

  • 6,970

Home Design

  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater

Additional Features

  • Walking Distance to Water
  • 6,970 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 24PALMBEACHAVNARR

Community Details

Overview

  • Briggs Farm Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,093

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Briggs Farm
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 816.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1896.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Wood Siding, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 24PALMBEACHAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3092.54
  • Tax Lot: 63
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 29, 2023
Sold by
Buckley John C
Bought by
Frost Eric J and Frost Meghan J
Seller's Agent
William Piva
RI Real Estate Services
Buyer's Agent
Denise D'amico
Residential Properties Ltd.
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%
Views
70
Current Estimated Value
$731,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,760
Avg. Annual Appreciation
18.49%
Original Mortgage
$386,250
Outstanding Balance
$381,329
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,831

Purchase Details

Closed on
Jun 28, 2023
Sold by
Buckley Carol A
Bought by
Buckley John C
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
Frost Eric J $515,000 None Available
Buckley John C -- None Available
Buckley Carol A -- None Available
Buckley Carol A -- None Available
Buckley John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost Eric J $386,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $515,000 +3.0% $272 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $499,900 -- $264 / 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 $3,248 $495,900 $268,200 $227,700
2023 $3,218 $345,600 $191,600 $154,000
2022 $3,110 $345,600 $191,600 $154,000
2021 $3,062 $345,600 $191,600 $154,000
2020 $3,334 $318,100 $143,000 $175,100
2019 $3,254 $318,100 $143,000 $175,100
2018 $3,165 $318,100 $143,000 $175,100
2017 $2,660 $251,900 $146,400 $105,500
2016 $2,539 $251,900 $146,400 $105,500
2015 $2,504 $251,900 $146,400 $105,500
2014 $2,582 $257,200 $151,700 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1344653

State-Wide MLS

APN: NARR-000063-000000-Y000003