NOT LISTED FOR SALE

25 Sumac Trail Narragansett, RI 02882

Estimated Value: $617,000 - $682,387

3 Beds
2 Baths
1,293 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $290,500 $225 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,750/month

13 Days on Market

Highlights

  • Marina
  • Beach Access
  • Raised Ranch Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of May 2015

Absolute Gem! Well maintained 3 bed,2 bath with central air. Updates include: roof,siding,deck,kitchen & heating system! Close to all Narragansett Beaches! Enjoy neighborhood beach, boating & Mettatuxet Yaht Club.

Last Agent to Sell the Property

Melanie Koukos

HomeSmart Professionals License #RES.0032962 Listed on: 04/14/2015

Last Buyer's Agent

ANTHONY LOMBARI

Residential Properties Ltd. License #RES.0030262

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1983

Lot Details

  • 0.3

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • River Access
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 0.3 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 702
  • Assessor Parcel Number 25SUMACTRLNARR

Community Details

Overview

  • Mettatuxet Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,530

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3031
  • Subdivision Name: METTATUXET
  • Above Grade Finished Sq Ft: 976.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Finished, Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 317.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1293.0
  • Dining Room Type: Bathroom, Bedroom, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Dock Access, River Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13204.0
  • Parcel #: 25SUMACTRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2530.0
  • Tax Lot: 702
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
May 28, 2015
Sold by
Cavanaugh Joan A
Bought by
Pilkington Ryan L and Apicerno Jill E
Seller's Agent
Melanie Koukos
HomeSmart Professionals
Buyer's Agent
ANTHONY LOMBARI
Residential Properties Ltd.
List Price
$299,000
Sold Price
$290,500
Premium/Discount to List
-$8,500
-2.84%
Current Estimated Value
$652,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,097
Avg. Annual Appreciation
8.11%
Original Mortgage
$261,450
Outstanding Balance
$201,775
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$450,822

Purchase Details

Closed on
May 9, 1995
Sold by
Thuotte Margaret
Bought by
Cavanaugh Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.36%

Purchase Details

Closed on
Oct 1, 1991
Sold by
Cullianan Deborah F
Bought by
Trout Michael W
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
Pilkington Ryan L $290,500 --
Cavanaugh Joseph B $120,000 --
Trout Michael W $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trout Michael W $261,450
Previous Owner Trout Michael W $100,000
Previous Owner Trout Michael W $95,000
Previous Owner Trout Michael W $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $290,500 -2.8% $225 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $299,000 -- $231 / 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 $3,480 $531,300 $215,300 $316,000
2023 $3,451 $370,700 $153,800 $216,900
2022 $3,336 $370,700 $153,800 $216,900
2021 $3,284 $370,700 $153,800 $216,900
2020 $3,273 $312,300 $104,800 $207,500
2019 $3,195 $312,300 $104,800 $207,500
2018 $3,107 $312,300 $104,800 $207,500
2017 $2,667 $252,600 $110,200 $142,400
2016 $2,546 $252,600 $110,200 $142,400
2015 $2,511 $252,600 $110,200 $142,400
2014 -- $252,000 $104,400 $147,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melanie Koukos

    HomeSmart Professionals

    Section Image
  • ANTHONY LOMBARI

    Buyer's Agent in 2015

    ANTHONY LOMBARI

    Residential Properties Ltd.

    (401) 212-6126

    3 in this area

    25 Total Sales

    ANTHONY LOMBARI
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1092747

State-Wide MLS

APN: NARR-000702-000000-000000NG

Rhode Island Washington County Narragansett 02882

25 Sumac Trail, Narragansett, RI

This home is located at 25 Sumac Trail, Narragansett, RI 02882 since 14 April 2015 and is currently estimated at $652,597, approximately $504 per square foot. This property was built in 1983. 25 Sumac Trail 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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