Seller's Agent in 2022
Nathan Clark
Your Home Sold Guaranteed, NCT
(401) 232-8301
14 in this area
2,098 Total Sales
27 Walcott Ave Narragansett, RI 02882
Estimated Value: $1,053,000 - $1,388,000
5
Beds
2
Baths
2,112
Sq Ft
$572/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Narragansett Elementary School Rated A
- Beach Access
- Raised Ranch Architecture
About This Home
As of February 2022Just steps away from your feet touching sand and taking a dip in the ocean, this home is located near the quiet end of Scarborough beach making you feel as if you have the entire beach to yourself - a truly perfect location! With an oversized parking area, large yard, and expansive wraparound deck with beautiful unobstructed views of the iconic Black Point and the Atlantic Ocean, this property is the perfect place to call home, have a beach getaway, or provide a generous income for the savvy investor (yes, there is tremendous decades-long rental history). The home was completely renovated in summer 2021 and offers an ideal layout for gatherings. The lower level has 5 comfortable bedrooms, a full bath with double vanity, laundry room and leads out to a large patio and outdoor shower. The upper level has refinished hardwoods, vaulted ceiling, and a wide open floor plan with sun-filled LR, DR, kitchen with island seating, and a full bath. There are unbeatable ocean views from the nearly wall-to-wall windows and two sliders which lead to the wraparound deck making entertaining a dream. Owning property in Narragansett doesn't get any better than this no matter what your needs are..
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,857
Year Built
- Built in 1986
Lot Details
- 0.28 Acre Lot
- Property is zoned R-10
Home Design
- Raised Ranch Architecture
- Slab Foundation
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,112 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Thermal Windows
- Water Views
- Storm Doors
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 8 Parking Spaces
- No Garage
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Patio
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Baseboard Heating
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 27WALCOTTAVNARR
Community Details
Overview
- Scarborough Beach Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2021
Closed on
Feb 7, 2022
Sold by
Baraka Llc
Bought by
Bazar Jason A
Seller's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
Buyer's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,745
Avg. Annual Appreciation
3.90%
Original Mortgage
$225,000
Outstanding Balance
$209,881
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$997,864
Purchase Details
Closed on
Nov 14, 2013
Sold by
Girgis Bakhourn and Gindy Mayrai
Bought by
Baraka Llc
Purchase Details
Closed on
Apr 3, 2013
Sold by
Baraka Llc
Bought by
Girgis Bakhoum M and Gindy Mayraie E
Purchase Details
Closed on
Sep 17, 2008
Sold by
Mainelli Robert F and Mainelli Paula
Bought by
Girgis Barhoum and Gindy Mayrai E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bazar Jason A | $1,050,000 | None Available | |
| Baraka Llc | -- | -- | |
| Girgis Bakhoum M | -- | -- | |
| Girgis Barhoum | $740,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bazar Jason A | $225,000 | |
| Previous Owner | Mainelli Robert F | $410,000 | |
| Previous Owner | Mainelli Robert F | $500,000 | |
| Previous Owner | Mainelli Robert F | $302,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2022 02/10/22 | Sold | $1,050,000 | +5.5% | $497 / Sq Ft |
| 01/11/2022 01/11/22 | Pending | -- | -- | -- |
| 12/01/2021 12/01/21 | For Sale | $995,000 | -- | $471 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,014 | $918,100 | $538,000 | $380,100 |
| 2023 | $6,155 | $661,100 | $413,800 | $247,300 |
| 2022 | $5,950 | $661,100 | $413,800 | $247,300 |
| 2021 | $5,857 | $661,100 | $413,800 | $247,300 |
| 2020 | $5,346 | $510,100 | $305,900 | $204,200 |
| 2019 | $5,218 | $510,100 | $305,900 | $204,200 |
| 2018 | $5,075 | $510,100 | $305,900 | $204,200 |
| 2017 | $5,030 | $476,300 | $303,100 | $173,200 |
| 2016 | $4,801 | $476,300 | $303,100 | $173,200 |
| 2015 | $4,734 | $476,300 | $303,100 | $173,200 |
| 2014 | $4,822 | $480,300 | $294,400 | $185,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Clark
Map
Source: State-Wide MLS
MLS Number: 1299437
APN: NARR-000001-000000-S000001
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