NOT LISTED FOR SALE

251 Narragansett Ave E Wakefield, RI 02879

Estimated Value: $889,879 - $997,000

4 Beds
3 Baths
3,016 Sq Ft
$310/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $750,000 $249 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,328/month

11 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Beach Access
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of December 2023

This amazing home has it all! Location, location, location!!! This home is backed up to a private Nature Preserve, right next to the Bike Path that takes you throughout Narragansett and South Kingstown. Convenient highway access, right near the famous Narragansett Pier and Historic Towers, shops, restaurants, and the quaint Village of Wakefield. In addition, it has a bright and open floor plan, spacious sized rooms, and is loaded with charm. Enjoy the dramatic vaulted ceilings, 3 story exposed brick fireplace and updated bathrooms. There is Central Air throughout. Very private rear yard, with an amazing view. Many improvement's made over the last 5 years. A perfect family home or a spectacular investment. Ride your bike 1.4 miles to the Narragansett Town Beach and return to the outdoor shower and private backyard Oasis. Lower level living area perfect for In Laws, In Home Office or In Home Business. This is a property with a history of outstanding rental history and income! A home that is a MUST SEE!
Currently rented though May 2024.

Last Agent to Sell the Property

Cate Galliot

Century 21 Guardian Realty Brokerage Phone: 401-515-5531 License #RES.0034334 Listed on: 10/20/2023

Century 21 Guardian Realty

Last Buyer's Agent

Colleen Mercurio

Redfin Corporation License #RES.0045167

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,371

Year Built

  • Built in 1976

Lot Details

  • 0.77 Acre Lot
  • Wooded Lot
  • Property is zoned R80

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Living Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Water Heater
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 251NARRAGANSETTAVSKNG

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,371

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7691
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-515-5531
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Central Vacuum
  • Living Area: 3016.0
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Living Room
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, 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, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33500.0
  • Parcel #: 251NARRAGANSETTAVSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5371.0
  • Tax Lot: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 18, 2023
Sold by
Miller Real Estate Llc
Bought by
Liu Yunqing and Lin Xiao
Seller's Agent
Cate Galliot
Century 21 Guardian Realty
Buyer's Agent
Colleen Mercurio
Redfin Corporation
List Price
$849,900
Sold Price
$750,000
Premium/Discount to List
-$99,900
-11.75%
Views
111
Current Estimated Value
$890,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,583
Avg. Annual Appreciation
13.97%
Original Mortgage
$420,000
Outstanding Balance
$415,356
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,864

Purchase Details

Closed on
Jan 31, 2020
Sold by
Miller Travis J
Bought by
Miller Real Estate Llc

Purchase Details

Closed on
Sep 1, 2011
Sold by
Ricci Thomas P
Bought by
Miller Travis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,290
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2011
Sold by
Ricci Thomas P
Bought by
Miller Travis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,290
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2011
Sold by
Fogarty Carles E and Newport Fsb
Bought by
Ricci Thomas P

Purchase Details

Closed on
Jun 2, 2011
Sold by
Fogarty Charles E
Bought by
Ri Hsng Mtg & Finance
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
Liu Yunqing $750,000 None Available
Miller Real Estate Llc -- None Available
Miller Travis James $282,900 --
Miller Travis James $282,900 --
Ricci Thomas P $210,000 --
Ri Hsng Mtg & Finance -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yunqing $420,000
Previous Owner Fogarty Charles E $236,000
Previous Owner Fogarty Charles E $28,290
Previous Owner Fogarty Charles E $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $750,000 -6.2% $249 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $799,900 -5.9% $265 / Sq Ft
10/20/2023 10/20/23 For Sale $849,900 -- $282 / 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 $5,420 $490,500 $153,300 $337,200
2023 $5,420 $490,500 $153,300 $337,200
2022 $5,371 $490,500 $153,300 $337,200
2021 $5,449 $377,100 $133,200 $243,900
2020 $5,449 $377,100 $133,200 $243,900
2019 $5,449 $377,100 $133,200 $243,900
2018 $5,094 $324,900 $123,800 $201,100
2017 $4,974 $324,900 $123,800 $201,100
2016 $4,903 $324,900 $123,800 $201,100
2015 $4,824 $310,800 $121,100 $189,700
2014 $4,811 $310,800 $121,100 $189,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1346419

State-Wide MLS

APN: SKIN-005804-000000-000004