NOT LISTED FOR SALE

34 Gibson Ave Unit A Narragansett, RI 02882

Estimated Value: $900,000 - $1,014,762

3 Beds
2.5 Baths
1,458 Sq Ft
1935 Built

Last Sold November 29, 2016

Last sale price $370,000 $254 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $5,452/month

264 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Tennis Courts
  • Thermal Windows

About This Home

As of November 2016

Located in the heart of the Pier, features hardwoods, fireplace, gas heating system, updated kitchen/baths all suited on park like grounds. Just a short stroll to the sea wall, beaches, restaurants & shops. Offers encouraged!

Last Agent to Sell the Property

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 02/08/2016

RI Real Estate Services

Last Buyer's Agent

Nicole Maine

Lila Delman Compass License #RES.0040914

Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1935

Home Design

  • Entry on the 34th floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,458 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 53A
  • Assessor Parcel Number 34GIBSONAVANARR

Community Details

Overview

  • 2 Units
  • Bayside Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,396

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: BAYSIDE
  • Above Grade Finished Sq Ft: 1458.0
  • Building Name: Gibson Ave
  • Entry Level: 34
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1935
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1458.0
  • Dining Room Type: Dining Room, Kitchen, Laundry, Living Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 34GIBSONAVANARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 3396.0
  • Tax Lot: 53A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Fay Mark and Fay Ann
Bought by
Hirsch Mitchell A and Hirsch Linda J
Current Estimated Value
$951,691

Purchase Details

Closed on
Jul 23, 2020
Sold by
Maryfrances Metrick T
Bought by
Fay Mark and Fay Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 8, 2016
Closed on
Nov 21, 2016
Sold by
Alessi Joseph F
Bought by
Metrick Maryfrances
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
Nicole Maine
Lila Delman Compass
List Price
$539,000
Sold Price
$370,000
Premium/Discount to List
-$169,000
-31.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Alessi Joseph F and Emma-Alessi Janice B
Bought by
Alessi Joseph F

Purchase Details

Closed on
Jun 9, 2016
Sold by
Alessi Joseph F and Emma-Alessi Janice B
Bought by
Alessi Joseph F

Purchase Details

Closed on
Jul 2, 2008
Sold by
Eilberg Seth and Eilberg Donna
Bought by
Alessi Joseph F and Emma-Alessi Jancie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5%
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
Hirsch Mitchell A $815,000 None Available
Fay Mark $635,000 None Available
Metrick Maryfrances $370,000 --
Alessi Joseph F -- --
Alessi Joseph F -- --
Alessi Joseph F $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fay Mark $508,000
Previous Owner Alessi Joseph F $300,000
Previous Owner Alessi Joseph F $322,000
Previous Owner Alessi Joseph F $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $370,000 -31.4% $254 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $539,000 -- $370 / 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 $4,873 $743,900 $0 $743,900
2023 $5,568 $598,100 $0 $598,100
2022 $5,383 $598,100 $0 $598,100
2021 $5,299 $598,100 $0 $598,100
2020 $3,664 $349,600 $0 $349,600
2019 $3,576 $349,600 $0 $349,600
2018 $3,479 $349,600 $0 $349,600
2017 $3,607 $341,600 $0 $341,600
2016 $3,443 $341,600 $0 $341,600
2015 $3,396 $341,600 $0 $341,600
2014 $3,430 $341,600 $0 $341,600
Source: Public Records

Agents Affiliated with this Home

  • Steven Rei

    Seller's Agent in 2016

    Steven Rei

    RI Real Estate Services

    (401) 932-5507

    15 in this area

    53 Total Sales

    Steven Rei
    Section Image
  • Nicole Maine

    Buyer's Agent in 2016

    Nicole Maine

    Lila Delman Compass

    (401) 848-2101

    2 in this area

    12 Total Sales

    Nicole Maine
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1117387

State-Wide MLS

APN: NARR-000053-E000000-000000AA

Rhode Island Washington County Narragansett 02882

34 Gibson Ave Unit A, Narragansett, RI

This home is located at 34 Gibson Ave Unit A, Narragansett, RI 02882 since 08 February 2016 and is currently estimated at $951,691, approximately $652 per square foot. This property was built in 1935. 34 Gibson Ave Unit A is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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