NOT LISTED FOR SALE

3 Summit Ave Narragansett, RI 02882

Estimated Value: $1,301,000 - $4,359,940

5 Beds
6 Baths
6,503 Sq Ft
$435/Sq Ft Est. Value

About This Home

This home is located at 3 Summit Ave, Narragansett, RI 02882 and is currently estimated at $2,830,470, approximately $435 per square foot. 3 Summit Ave is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2004
Sold by
Algeni Albert G and Algeni Barbara
Bought by
Masterson John H and Masterson Donna P
Current Estimated Value
$2,830,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$494,253
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,336,217
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Masterson John H $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson John H $417,000
Closed Masterson John H $417,000
Closed Masterson John H $200,000
Open Masterson John H $1,000,000
Source: Public Records

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
2025 $26,161 $3,852,900 $1,135,600 $2,717,300
2024 $25,236 $3,852,900 $1,135,600 $2,717,300
2023 $24,040 $2,582,200 $709,600 $1,872,600
2022 $23,240 $2,582,200 $709,600 $1,872,600
2021 $20,335 $2,295,100 $709,600 $1,585,500
2020 $13,197 $1,259,300 $564,400 $694,900
2019 $10,520 $1,028,300 $564,400 $463,900
2018 $8,828 $887,200 $564,400 $322,800
2017 $8,046 $761,900 $529,000 $232,900
2016 $7,680 $761,900 $529,000 $232,900
2015 $7,573 $761,900 $529,000 $232,900
2014 $8,092 $806,000 $573,100 $232,900
Source: Public Records

Map

Rhode Island Washington County Narragansett 02882

3 Summit Ave, Narragansett, RI

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