NOT LISTED FOR SALE

31 Lake Rd Narragansett, RI 02882

Estimated Value: $970,000 - $1,087,427

3 Beds
3 Baths
1,668 Sq Ft
$617/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $375,000 $225 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $6,096/month

161 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • Narragansett Elementary School Rated A
  • Beach Access
  • Contemporary Architecture

About This Home

As of September 2014

OCEAN! Tranquil area & easy walk to BIG BEACH! Views of Wesquage Pond from A-L-L levels. Good condition throughout. New roof and other new amenities to make your beach-y days effortless! Come See! Let's talk OFFER! Special!

Last Agent to Sell the Property

Vilma Moclair

RE/MAX FLAGSHIP, INC. License #RES.0017343 Listed on: 02/22/2014

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Vilma Moclair

RE/MAX FLAGSHIP, INC. License #RES.0017343 Listed on: 02/22/2014

RE/MAX FLAGSHIP, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1985

Lot Details

  • 5,000

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Game Room
  • Utility Room
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

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
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 747/748
  • Assessor Parcel Number 31LAKERDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,479

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.1148
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 228.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1668.0
  • Dining Room Type: Bathroom, Game Room, Laundry, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 31LAKERDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4479.0
  • Tax Lot: 747/748
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Hagerty Kathleen M and Hagerty Kevin P
Bought by
Skbh Family Lt
Current Estimated Value
$1,029,857

Purchase Details

Listed on
Feb 22, 2014
Closed on
Sep 2, 2014
Sold by
Susan W Wolfson Ret
Bought by
Hagerty Kevin P and Hagerty Kathleen M
Seller's Agent
Vilma Moclair
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Vilma Moclair
RE/MAX FLAGSHIP, INC.
List Price
$437,000
Sold Price
$375,000
Premium/Discount to List
-$62,000
-14.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$300,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1988
Sold by
Jacobs Tr Richard
Bought by
Wolfson Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
10.07%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Skbh Family Lt -- None Available
Hagerty Kevin P $375,000 --
Wolfson Steven $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfson Steven $300,000
Previous Owner Wolfson Steven $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2014 09/02/14 Sold $375,000 -14.2% $225 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $437,000 -- $262 / 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 $5,822 $888,900 $631,100 $257,800
2023 $5,058 $543,300 $371,300 $172,000
2022 $4,890 $543,300 $371,300 $172,000
2021 $4,814 $543,300 $371,300 $172,000
2020 $4,226 $403,200 $232,900 $170,300
2019 $4,125 $403,200 $232,900 $170,300
2018 $4,012 $403,200 $232,900 $170,300
2017 $4,010 $379,700 $232,900 $146,800
2016 $3,827 $379,700 $232,900 $146,800
2015 $3,774 $379,700 $232,900 $146,800
2014 $4,588 $457,000 $279,400 $177,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1060571

State-Wide MLS

APN: NARR-000747-000000-000000NR