NOT LISTED FOR SALE

Estimated Value: $603,000 - $678,000

3 Beds
1.5 Baths
2,528 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $375,000 $148 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,047/month

49 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Colonial Architecture
  • Wood Flooring

About This Home

As of July 2020

Experience Rhode Island seaside living in this 3 bedroom 2 bath colonial situated on a peninsula in the prestigious Narragansett Terrace neighborhood. This small neighborhood boasts a private park and white sand beach. A short stroll away is the 10-acre Rose Larisa Park complete with walking trails, an open-air theater and bay views. The care that went into this home is evident. Upgraded kitchen and bathrooms. Water lines and electrical upgraded to the latest codes. A newly painted home exterior and resurfaced driveway. A brick surround wood burning fireplace and built-in china cabinets in the dining room are but a few of the many appointments. The partially finished basement features gym and office areas as well as ample storage. The large covered deck and fenced in backyard are perfect for summer entertaining in this quiet, exclusive neighborhood. Price includes kitchen appliances, washer, dryer and six room air conditioners.

Last Agent to Sell the Property

Kris Lippi

Get Listed Realty License #REB.0018579 Listed on: 04/28/2020

Last Buyer's Agent

The RR&A Team

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1967

Lot Details

  • 8,000 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storage Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 003 / 11
  • Assessor Parcel Number 32MYRTLEAVEPRO

Community Details

Recreation

  • Marina

Additional Features

  • Naragansett Terrace Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,200

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1837
  • Subdivision Name: Naragansett Terrace
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1967
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 2528.0
  • Dining Room Type: Game Room, Storage Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8000.0
  • Parcel #: 32MYRTLEAVEPRO
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5200.0
  • Tax Block: 11
  • Tax Lot: 003
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 17, 2020
Sold by
Reed Lance S
Bought by
Hogberg John E and Hogberg Ronda L
Seller's Agent
Kris Lippi
Get Listed Realty
Buyer's Agent
The RR&A Team
Coldwell Banker Realty
List Price
$374,000
Sold Price
$375,000
Premium/Discount to List
$1,000
0.27%
Current Estimated Value
$643,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,909
Avg. Annual Appreciation
11.07%

Purchase Details

Listed on
Feb 28, 2015
Closed on
Mar 2, 2015
Sold by
Ashton David F and Ashton Katherine K
Bought by
Reed Lance S
Seller's Agent
Ted Ngo
HomeSmart Professionals
Buyer's Agent
Ted Ngo
Block Island Rentals Online
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$240,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1989
Sold by
Izzo David A
Bought by
Shaton David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Hogberg John E $375,000 None Available
Hogberg John E $375,000 None Available
Reed Lance S $300,000 --
Reed Lance S $300,000 --
Shaton David F $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Lance S $240,000
Previous Owner Shaton David F $100,000
Previous Owner Shaton David F $65,000
Previous Owner Shaton David F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $375,000 +0.3% $148 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $374,000 +24.7% $148 / Sq Ft
03/02/2015 03/02/15 Sold $300,000 -4.8% $142 / Sq Ft
02/28/2015 02/28/15 For Sale $315,000 -- $149 / 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 $6,790 $442,900 $157,500 $285,400
2023 $6,537 $442,900 $157,500 $285,400
2022 $6,497 $297,200 $92,100 $205,100
2021 $6,390 $297,200 $91,400 $205,800
2020 $6,119 $297,200 $91,400 $205,800
2019 $5,950 $297,200 $91,400 $205,800
2018 $5,981 $261,400 $78,800 $182,600
2017 $5,848 $261,400 $78,800 $182,600
2016 $5,819 $261,400 $78,800 $182,600
2015 $6,396 $278,700 $78,200 $200,500
2014 $6,396 $278,700 $78,200 $200,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1252446

State-Wide MLS

APN: EPRO-000414-000011-000003