NOT LISTED FOR SALE

3 Narragansett Ave Westerly, RI 02891

Estimated Value: $434,000 - $579,000

4 Beds
2 Baths
1,949 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $400,000 $205 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,795/month

4 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • Workshop

About This Home

As of October 2023

HIGHEST AND BEST DUE BY SUNDAY, SEPTEMBER 10TH AT 6:00 PM. A great investment opportunity for owner occupants or investors! 3 Narragansett is a beautiful multi-family in walking distance to downtown Westerly. Each unit has 2-3 bedrooms, nice-sized kitchen/living room areas, hallway storage, and porch/covered porch. Tons of potential on the third floor/attic area! The basement has a bathroom, concrete floors, mechanical/storage area, and laundry room. This property has a off-street parking and a level backyard. It's located in close proximity to all Westerly has to offer- parks, shops, restaurants, a quick ride to beautiful beaches, and only minutes to 95.
Come to 3 Narragansett and find your happy space. This home is being sold AS-IS. Buyers to do their own due diligence in regard to the unfinished third floor.

Last Agent to Sell the Property

Michaela Lamb

Sold By Michaela LLC License #REC.0018552 Listed on: 09/06/2023

Co-Listed By

Jacob Lamb

Sold By Michaela LLC License #RES.0043194

Last Buyer's Agent

Cristina Ballelli

William Raveis Real Estate License #RES.0040015

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 1800

Lot Details

  • 8,276

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 8,276 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 3NARRAGANSETTAVWEST

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Additional Features

  • 2 Units
  • Operating Expense $6,988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,719

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: SOLD
  • Co List Office Phone: 401-935-3390
  • Above Grade Finished Sq Ft: 1949.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1800
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Bathroom, Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 3NARRAGANSETTAVWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 6988.0

Tax Info

  • Tax Annual Amount: 2719.0
  • Tax Lot: 27
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Zaccara Matthew and Zaccara Amy
Bought by
Zaccara
Current Estimated Value
$485,799

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 4, 2023
Sold by
Mcdermott Elizabeth L
Bought by
Zaccara Matthew and Zaccara Amy
Seller's Agent
Michaela Lamb
Sold By Michaela LLC
Buyer's Agent
Cristina Ballelli
William Raveis Real Estate
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$340,000
Interest Rate
7.23%
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
Zaccara -- None Available
Zaccara -- None Available
Zaccara Matthew $400,000 None Available
Zaccara Matthew $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaccara Matthew $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $400,000 +6.7% $205 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $375,000 -- $192 / 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 $2,756 $263,700 $98,700 $165,000
2023 $2,679 $263,700 $98,700 $165,000
2022 $2,663 $263,700 $98,700 $165,000
2021 $2,802 $232,300 $85,900 $146,400
2020 $2,753 $232,300 $85,900 $146,400
2019 $2,727 $232,300 $85,900 $146,400
2018 $2,677 $216,800 $85,900 $130,900
2017 $2,602 $216,800 $85,900 $130,900
2016 $2,602 $216,800 $85,900 $130,900
2015 $2,542 $226,400 $87,600 $138,800
2014 $2,502 $226,400 $87,600 $138,800
Source: Public Records

Agents Affiliated with this Home

  • Michaela Lamb

    Seller's Agent in 2023

    Michaela Lamb

    Sold By Michaela LLC

    (401) 935-3390

    67 in this area

    205 Total Sales

    Michaela Lamb
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jacob Lamb

    Sold By Michaela LLC

    (401) 935-3360

    48 in this area

    102 Total Sales

    Jacob Lamb
    Section Image
  • Cristina Ballelli

    Buyer's Agent in 2023

    Cristina Ballelli

    William Raveis Real Estate

    (860) 917-5972

    1 in this area

    27 Total Sales

    Cristina Ballelli
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1343370

State-Wide MLS

APN: WEST-000057-000027

Rhode Island Washington County Westerly 02891

3 Narragansett Ave, Westerly, RI

This home is located at 3 Narragansett Ave, Westerly, RI 02891 since 06 September 2023 and is currently estimated at $485,799, approximately $249 per square foot. This property was built in 1800. 3 Narragansett Ave is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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