NOT LISTED FOR SALE

27 Sebago Trail Narragansett, RI 02882

Estimated Value: $647,000 - $724,000

2 Beds
1 Bath
648 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $460,000 $710 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,989/month

71 Days on Market

Highlights

  • Marina
  • Beach Access
  • Cathedral Ceiling
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of December 2020

All you need to bring is your toothbrush! This newly renovated cottage has everything you would need and on a oversized lot! There are 2 bedrooms and a bonus loft area for a office or quiet space. Stone fireplace ,NEW FURNISHINGS and appliances make this cottage a owners dream. The 15 x 24 (360 square feet)3 season porch could be used in so many ways and is not included in the square footage!. Mini splits installed for heat and a/c. Natural gas on street. Skylights enhance the cathedral ceiling which gives this home a bright, airy and open feel to this floor plan. Nestled on a quiet side street in Bonnet Shores with a large yard. A short stroll to the neighborhood private Kelly beach where you can enjoy the soft and inviting sand or take in the evening tranquility while watching the lights of the Newport and Jamestown bridges dance on the moonlit water while listening to the waves crash on the sand.

After completing the day at the beach, rinse off in your outdoor shower and cool off in your central air conditioning or gather in the large screened in porch and enjoy your family and friends while dining al fresco at the over sized dining table or relax on your sectional while catching up on the latest hits on cable television. Leases in place until May 2021

This home is approximately a 10 minute ride to Narragansett Beach and the pier and restaurants and Narragansett famous Brickley's Ice Cream is just around the corner to complete you day.

Last Agent to Sell the Property

Judith Cramer

Mott & Chace Sotheby's Intl. License #RES.0035379 Listed on: 08/28/2020

Last Buyer's Agent

Stephen Chadwick

Keller Williams Coastal License #RES.0040210

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-10

Home Design

  • Log Cabin
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Stone Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • 100 Amp Service
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1143,1144
  • Assessor Parcel Number 27SEBAGOTRAILTRLNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,334

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 648.0
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Furnished, Cable TV
  • Living Area: 648.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

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

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.0
  • Parcel #: 27SEBAGOTRAILTRLNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2334.0
  • Tax Lot: 1143,1144
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Chadwick Mary C
Bought by
Chadwick Family Residence
Current Estimated Value
$692,972

Purchase Details

Listed on
Aug 28, 2020
Closed on
Dec 4, 2020
Sold by
Ceseretti Donald and Ceseretti Nancy
Bought by
Chadwick Mary C
Seller's Agent
Judith Cramer
Mott & Chace Sotheby's Intl.
Buyer's Agent
Stephen Chadwick
Keller Williams Coastal
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$451,668
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2019
Sold by
Cerilli Benedetto A
Bought by
Ceseretti Donald and Ceseretti Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2018
Sold by
Edward J Mcelroy Ret and Mcelroy
Bought by
Cerilli Benedetto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Oct 10, 2017
Sold by
Mcelroy Edward and Mcelroy Edwina
Bought by
Mcelroy Edward J and Mcelroy Edwina B

Purchase Details

Closed on
Jan 12, 1988
Bought by
Mcelroy Edward
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
Chadwick Family Residence -- None Available
Chadwick Mary C $460,000 None Available
Ceseretti Donald $305,000 --
Cerilli Benedetto A $290,000 --
Mcelroy Edward J -- --
Mcelroy Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadwick Ft $99,000
Previous Owner Chadwick Mary C $451,668
Previous Owner Ceseretti Donald $274,500
Previous Owner Cerilli Benedetto A $290,000
Previous Owner Mcelroy Edward $87,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2020 12/08/20 Sold $460,000 -4.0% $710 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $479,000 +65.2% $739 / Sq Ft
09/26/2018 09/26/18 Sold $290,000 -6.5% $448 / Sq Ft View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $310,000 -- $478 / 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 $3,779 $577,000 $313,000 $264,000
2023 $3,582 $384,800 $178,900 $205,900
2022 $3,463 $384,800 $178,900 $205,900
2021 $3,409 $384,800 $178,900 $205,900
2020 $2,334 $222,700 $148,900 $73,800
2019 $2,278 $222,700 $148,900 $73,800
2018 $2,216 $222,700 $148,900 $73,800
2017 $2,816 $266,700 $184,800 $81,900
2016 $2,688 $266,700 $184,800 $81,900
2015 $2,651 $266,700 $184,800 $81,900
2014 $2,329 $232,000 $150,100 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1263054

State-Wide MLS

APN: NARR-001143-000000-000000NR