NOT LISTED FOR SALE

35 Lake Rd Narragansett, RI 02882

Estimated Value: $1,532,000 - $2,353,000

4 Beds
2.5 Baths
2,720 Sq Ft
$695/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $995,000 $366 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,066/month

25 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Colonial Architecture

About This Home

As of July 2020

Beautiful waterfront home on Wesquage Pond with unobstructed views of Bonnet Shores and Narragansett Bay. One of the only properties on Lake Road to have private access to the pond. Row your boat across and walk to Kelly Beach, or simply relax and enjoy the gorgeous sunsets from the patio or deck. Completely renovated in 2003 this 4 bed 2 1/2 bath home is thoughtfully designed with exquisite wide plank hardwood floors throughout, a gorgeous board and batten accent wall in the living and dining room that flows into a spacious granite kitchen with double ovens, prep sink, filtered water faucet, and island. The first floor also offers a guest bedroom, 1/2 bath, tiled sunroom with radiant heat, and a separate laundry room with oversized washer and dryer. The second floor offers a master suite with a private deck overlooking the pond with views to Narragansett Bay, an expansive master bathroom with a steam shower, clawfoot tub, and bidet. The suite also boasts a large walk-in closet. There are 2 additional bedrooms with a full bath completing the second floor. This would make a wonderful full-time residence or a perfect summer retreat.

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 06/26/2020

Mott & Chace Sotheby's Intl.

Co-Listed By

Karen Donnellan

Mott & Chace Sotheby's Intl. License #REB.0019231

Last Buyer's Agent

Caitlyn Wass

Residential Properties Ltd. License #RES.0044336

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,212

Year Built

  • Built in 1996

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R-10

Home Design

  • Colonial Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Zero Clearance Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 749,728
  • Assessor Parcel Number 35LAKERDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,212

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.317
  • Co List Office Mls Id: MOCH03
  • Co List Office Phone: 401-789-8899
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 2720.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum, Storage, Cable TV
  • Living Area: 2720.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Storage Room, Sunroom
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13808.0
  • Parcel #: 35LAKERDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6212.0
  • Tax Lot: 749,728
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 17, 2020
Sold by
Indeglia Allegra F
Bought by
Accardi Tracy and Accardi Ken
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Caitlyn Wass
Residential Properties Ltd.
List Price
$975,000
Sold Price
$995,000
Premium/Discount to List
$20,000
2.05%
Current Estimated Value
$1,890,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,591
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Pennine Anthony and Pennine Patrica
Bought by
Indeglia Vincent and Indeglia Allegra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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
Accardi Tracy $995,000 None Available
Indeglia Vincent $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennine Anthony $250,000
Previous Owner Pennine Anthony $250,000
Previous Owner Pennine Anthony $172,000
Previous Owner Pennine Anthony $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $995,000 +2.1% $366 / Sq Ft
06/26/2020 06/26/20 For Sale $975,000 -- $358 / 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 $9,173 $1,400,500 $631,100 $769,400
2023 $8,649 $929,000 $371,300 $557,700
2022 $8,361 $929,000 $371,300 $557,700
2021 $8,231 $929,000 $371,300 $557,700
2020 $5,957 $568,400 $279,500 $288,900
2019 $5,815 $568,400 $279,500 $288,900
2018 $5,656 $568,400 $279,500 $288,900
2017 $5,693 $539,100 $279,400 $259,700
2016 $5,434 $539,100 $279,400 $259,700
2015 $5,359 $539,100 $279,400 $259,700
2014 $5,413 $539,100 $279,400 $259,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1256663

State-Wide MLS

APN: NARR-000749-000000-000000NR