31 Franks Neck Rd Narragansett, RI 02882
Estimated Value: $1,803,000 - $2,211,318
3
Beds
2
Baths
1,851
Sq Ft
$1,126/Sq Ft
Est. Value
Highlights
- Beach Front
- Marina
- Deck
- Narragansett Elementary School Rated A
- Water Access
- Contemporary Architecture
About This Home
As of October 2022Great Opportunity to Own a Beautiful Contemporary Home in Desirable Great Island. This house is situated on the lot for maximum Water Views. Walk down to your own private dock for a boat ride to Newport, Block Island, Dog beach, potters cove just to name a few. This home has been loved, maintained and updated throughout the 9 years of ownership. INCLUDING.. Kitchen, dock, patio, Wine Closet, flooring. There is also extra space on the third floor loft not included in the square footage currently set up as a game room lounge area. The expansive yard is ideal for Entertaining. This home is truly where memories will be made.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,150
Year Built
- Built in 1952
Lot Details
- 9,583 Sq Ft Lot
- Beach Front
Parking
- 1 Car Detached Garage
Home Design
- Contemporary Architecture
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,851 Sq Ft Home
- 3-Story Property
- Fireplace Features Masonry
- Water Views
- Unfinished Basement
- Crawl Space
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Access
- Walking Distance to Water
- Deck
- Patio
- Outbuilding
Utilities
- Ductless Heating Or Cooling System
- Central Air
- Heating System Uses Oil
- Radiant Heating System
- 100 Amp Service
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 124
- Assessor Parcel Number 31FRANKSNECKRDNARR
Community Details
Overview
- Great Island Subdivision
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2022
Closed on
Oct 20, 2022
Sold by
Michaud Pierre R and Michaud Kelly
Bought by
Dc Properties Llc
Seller's Agent
Bruce Lane
Lane Ceceri Group
Buyer's Agent
Marissa izzo
HomeSmart Professionals
List Price
$1,995,000
Sold Price
$1,950,000
Premium/Discount to List
-$45,000
-2.26%
Total Days on Market
56
Views
71
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
$135,080
Avg. Annual Appreciation
2.59%
Original Mortgage
$1,000,000
Outstanding Balance
$968,399
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,116,681
Purchase Details
Listed on
Mar 1, 2013
Closed on
Oct 25, 2013
Sold by
Audrey J Cherny Ret
Bought by
Michaud Pierre R and Michaud Kelly
Seller's Agent
Anita Langer
Residential Properties Ltd.
Buyer's Agent
Caroline Ceceri
Lane Ceceri Group
List Price
$950,000
Sold Price
$835,000
Premium/Discount to List
-$115,000
-12.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$750,000
Interest Rate
4.56%
Purchase Details
Closed on
Oct 29, 2008
Sold by
Storms Elaine D
Bought by
Storms Elaine D and Cherny Audrey J
Similar Homes in the area
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 |
|---|---|---|---|
| Dc Properties Llc | $1,950,000 | None Available | |
| Michaud Pierre R | $835,000 | -- | |
| Storms Elaine D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dc Properties Llc | $1,000,000 | |
| Previous Owner | Michaud Pierre R | $693,000 | |
| Previous Owner | Storms Elaine | $750,000 | |
| Previous Owner | Storms Elaine | $43,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2022 10/20/22 | Sold | $1,950,000 | -2.3% | $1,053 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 07/03/2022 07/03/22 | For Sale | $1,995,000 | +138.9% | $1,078 / Sq Ft |
| 10/25/2013 10/25/13 | Sold | $835,000 | -12.1% | $451 / Sq Ft |
| 09/25/2013 09/25/13 | Pending | -- | -- | -- |
| 03/01/2013 03/01/13 | For Sale | $950,000 | -- | $513 / 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 | $11,136 | $1,700,200 | $924,800 | $775,400 |
| 2023 | $8,564 | $919,900 | $596,700 | $323,200 |
| 2022 | $8,279 | $919,900 | $596,700 | $323,200 |
| 2021 | $8,150 | $919,900 | $596,700 | $323,200 |
| 2020 | $7,777 | $742,100 | $478,900 | $263,200 |
| 2019 | $7,592 | $742,100 | $478,900 | $263,200 |
| 2018 | $7,384 | $742,100 | $478,900 | $263,200 |
| 2017 | $8,239 | $780,200 | $578,400 | $201,800 |
| 2016 | $7,864 | $780,200 | $578,400 | $201,800 |
| 2015 | $7,755 | $780,200 | $578,400 | $201,800 |
| 2014 | $7,255 | $722,600 | $527,400 | $195,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Lane
Seller's Agent in 2022
Bruce Lane
Lane Ceceri Group
(401) 419-1912
7 in this area
300 Total Sales
-
Marissa izzo
Buyer's Agent in 2022
Marissa izzo
HomeSmart Professionals
(401) 256-8555
1 in this area
17 Total Sales
-
Anita Langer
Seller's Agent in 2013
Anita Langer
Residential Properties Ltd.
(401) 323-3224
22 in this area
28 Total Sales
-
Caroline Ceceri
C
Buyer's Agent in 2013
Caroline Ceceri
Lane Ceceri Group
(401) 419-1912
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1314611
APN: NARR-000124-000000-R000003
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