$835,000
SOLD OCT 25, 2013

31 Franks Neck Rd Narragansett, RI 02882

2 Beds
2 Baths
1,851 Sq Ft
9,500 Sq Ft Lot

Recently Sold

$451 Per Sq Ft

12% Below List Price

207 Days on Market

Highlights

  • Beach Front
  • Marina
  • Colonial Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Cathedral Ceiling

About This Home

As of October 2022

Waterfront Contemporary complete with dock on Great Island with views from everywhere. Completely remodeled from foundation, large deck w/eletric awning. Beautifully appointed, magnificent views AND your own dock and beach!! Life is good!!

Last Agent to Sell the Property

Anita Langer

Residential Properties Ltd. License #RES.0028189 Listed on: 03/01/2013

Residential Properties Ltd.

Last Buyer's Agent

Caroline Ceceri

Lane Ceceri Group License #RES.0033192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,915

Year Built

  • Built in 1952

Lot Details

  • 9,500 Sq Ft Lot
  • Beach Front
  • Property is zoned R-20

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,851 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Permanent Attic Stairs

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 31FRANKSNECKRDNARR

Community Details

Overview

  • Great Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,915

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2181
  • Subdivision Name: GREAT ISLAND
  • Above Grade Finished Sq Ft: 1851.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs
  • Living Area: 1851.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Ocean Front, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9500.0
  • Parcel #: 31FRANKSNECKRDNARR
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6915.0
  • Tax Lot: 124
  • Tax Year: 2012

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%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$1,000,000
Outstanding Balance
$963,678
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,385,963

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
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 Type Sale Price Title Company
Warranty Deed $1,950,000 None Available
Deed $835,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Purchase Money Mortgage
Previous Owner $693,000 Adjustable Rate Mortgage/ARM
Previous Owner $750,000 No Value Available
Previous Owner $43,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Rent $4,000 0.0% --
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

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 $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

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Map

Source: State-Wide MLS

MLS Number: 1034791

State-Wide MLS

APN: NARR-000124-000000-R000003