NOT LISTED FOR SALE

27 Gibson Ave Narragansett, RI 02882

Estimated Value: $1,441,000 - $1,825,000

3 Beds
2 Baths
1,976 Sq Ft
$805/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $1,300,000 $658 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,247/month

31 Days on Market

Highlights

  • Beach Access
  • 1 Acre Lot
  • Attic
  • Narragansett Elementary School Rated A
  • Cathedral Ceiling
  • 1 Car Detached Garage

About This Home

As of August 2023

Located in the coastal Town of Narragansett, steps to the ocean and seawall; this charming and well-maintained home features 3 bedrooms, 2 bathrooms with a total of 1976 square feet. The interior offers an open floor plan, gas fireplace, cathedral ceilings and an abundance of natural light. The home is situated on almost an acre with an opportunity for expansion. Beautifully landscaped, the yard offers a private patio area; perfect for enjoying the outdoors and entertaining guests. This desirable and convenient location makes it an easy commute to area shopping, dining and nearby cities and towns.

Last Agent to Sell the Property

Scott Halberg

Compass Brokerage Phone: 401-447-5897 License #REB.0015643 Listed on: 04/05/2023

Compass

Last Buyer's Agent

Kathleen Flaherty

Residential Properties Ltd. License #RES.0044243

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot
  • Property is zoned R10

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Attic Fan

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

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

Community Details

  • Narragansett Pier Subdivision
  • Public Transportation

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 27GIBSONAVNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,712

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.995
  • Subdivision Name: Narragansett Pier
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-447-5897
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Doors
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 1976.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Attic Fan
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43342.2
  • Parcel #: 27GIBSONAVNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5712.3
  • Tax Lot: 162
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Banerjee Priya and Kreutter David B
Bought by
Laxmi Hldg Llc
Current Estimated Value
$1,591,589

Purchase Details

Listed on
Apr 5, 2023
Closed on
Aug 1, 2023
Sold by
Hagopian Glenna M and Hagopian Jan C
Bought by
Banerjee Priya and Kreutter David B
Seller's Agent
Scott Halberg
Compass
Buyer's Agent
Kathleen Flaherty
Residential Properties Ltd.
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$526,200
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 19, 2019
Sold by
Hamilton Donald W and Hamilton Dorothea C
Bought by
Hagopian Glenna M and Hagopian Jan C
Seller's Agent
Nicole Harding
Lila Delman Compass
Buyer's Agent
Scott Halberg
Compass
List Price
$719,000
Sold Price
$680,000
Premium/Discount to List
-$39,000
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1996
Sold by
Stevens Muriel Port
Bought by
Hamilton Donald W and Hamilton Dorothea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Laxmi Hldg Llc -- None Available
Laxmi Hldg Llc -- None Available
Banerjee Priya $1,300,000 None Available
Banerjee Priya $1,300,000 None Available
Hagopian Glenna M $680,000 None Available
Hagopian Glenna M $680,000 None Available
Hamilton Donald W $150,000 --
Hamilton Donald W $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banerjee Priya $526,200
Previous Owner Hagopian Glenna M $400,000
Previous Owner Hamilton Donald W $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $1,300,000 +4.0% $658 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,250,000 +83.8% $633 / Sq Ft
12/23/2019 12/23/19 Sold $680,000 -5.4% $344 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $719,000 -- $364 / 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 $7,108 $1,085,200 $709,600 $375,600
2023 $5,909 $634,700 $383,400 $251,300
2022 $5,712 $634,700 $383,400 $251,300
2021 $5,623 $634,700 $383,400 $251,300
2020 $5,243 $500,300 $286,000 $214,300
2019 $5,118 $500,300 $286,000 $214,300
2018 $4,978 $500,300 $286,000 $214,300
2017 $4,556 $431,400 $268,500 $162,900
2016 $4,349 $431,400 $268,500 $162,900
2015 $4,288 $431,400 $268,500 $162,900
2014 $3,946 $393,000 $230,100 $162,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1332852

State-Wide MLS

APN: NARR-000162-000000-E000000