NOT LISTED FOR SALE

362 Ocean Rd Narragansett, RI 02882

Narragansett Area

Estimated Value: $3,494,000 - $8,763,780

8 Beds
5.5 Baths
6,585 Sq Ft
$1,001/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2012

Last sale price $3,750,000 $569 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $41,576 / mo

165 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Spa

About This Home

As of November 2012

"STONECROFT" A MAGNIFICENT SUMMER HOME FROM AN ERA GONE BY... THIS GRAND 8 BED 5.1 BATH HOME BOASTS WATERVIEWS FROM ALMOST EVERY ROOM. THE WRAP AROUND PORCH AND SPRAWLING LAWN TO THE OCEAN MAKE THIS AN IDYLLIC SUMMER GETAWAY OR A LOVELY YR ROUND HOME

Last Agent to Sell the Property

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052 Listed on: 05/18/2012

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052 Listed on: 05/18/2012

Mott & Chace Sotheby's Intl.
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,550

Year Built

  • Built in 1890

Lot Details

  • 1.37 Acre Lot
  • Beach Front
  • Sprinkler System
  • Property is zoned R80

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 6,585 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Skylights
  • 4 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Storage
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24A
  • Assessor Parcel Number 362OCEANRDNARR

Community Details

Overview

  • Ocean Road Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,550

Year Built

Built in 1890

Lot Details

1.37 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.37
  • Subdivision Name: OCEAN ROAD
  • Above Grade Finished Sq Ft: 6585.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Wet Bar, Storage, Skylights, Jetted Tub, Cable TV
  • Living Area: 6585.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)

Exterior Features

  • Lot Features: Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • 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: 59677.0
  • Parcel #: 362OCEANRDNARR
  • Zoning: R80

Tax Info

  • Tax Annual Amount: 34550.0
  • Tax Lot: 24A
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2012
Closed on
Nov 30, 2012
Sold by
James F Stone and James Stone
Bought by
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
List Price
$4,390,000
Sold Price
$3,750,000
Premium/Discount to List
-$640,000
-14.58%
Current Estimated Value
$6,828,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,078,811
Avg. Annual Appreciation
4.18%
Original Mortgage
$2,250,000
Interest Rate
3.4%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Narragansett, RI

  • Elizabeth Carrison Real Estate Agent - RI Real Estate Services

    Elizabeth Carrison

    RI Real Estate Services

    (401) 298-9143

    65 Total Sales

    2 in Narragansett

    $239K - $1.1M Price Range

    Elizabeth Carrison
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  • Liz Andersen Warner Real Estate Agent - RE/MAX South County

    Liz Andersen Warner

    RE/MAX South County

    (401) 593-2872

    77 Total Sales

    1 in Narragansett

    $625,000 Price

    Liz Andersen Warner
     Section Image
  • Samuel Alba Real Estate Agent - Innovations Realty

    Samuel Alba

    Innovations Realty

    (401) 406-4077

    500 Total Sales

    1 in Narragansett

    $1,350,000 Price

    Samuel Alba
     Section Image
  • Louis Barrows Real Estate Agent - Keller Williams Leading Edge

    Louis Barrows

    Keller Williams Leading Edge

    (401) 208-2129

    229 Total Sales

    2 in Narragansett

    $460K - $595K Price Range

    Louis Barrows
     Section Image
  • Lisa Duffy Real Estate Agent - Residential Properties Ltd.

    Lisa Duffy

    Residential Properties Ltd.

    (774) 500-3819

    82 Total Sales

    1 in Narragansett

    $595,000 Price

    Lisa Duffy
     Section Image
  • Michele Doherty Real Estate Agent - Lila Delman Compass

    Michele Doherty

    Lila Delman Compass

    (774) 713-9477

    63 Total Sales

    25 in Narragansett

    $420K - $3.4M Price Range

    Michele Doherty
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,750,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Closed Foulkes William G $1,500,000
Closed -- $2,250,000
Previous Owner Stone James F $350,000
Previous Owner Stone James F $900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $3,750,000 -14.6% $569 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $4,390,000 -- $667 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $44,589 $6,566,800 $3,931,800 $2,635,000
2024 $43,013 $6,566,800 $3,931,800 $2,635,000
2023 $43,965 $4,722,300 $2,985,200 $1,737,100
2022 $42,501 $4,722,300 $2,985,200 $1,737,100
2021 $41,840 $4,722,300 $2,985,200 $1,737,100
2020 $38,242 $3,649,000 $2,572,700 $1,076,300
2019 $37,329 $3,649,000 $2,572,700 $1,076,300
2018 $36,286 $3,646,800 $2,572,700 $1,074,100
2017 $36,613 $3,467,100 $2,489,900 $977,200
2016 $34,948 $3,467,100 $2,489,900 $977,200
2015 $34,463 $3,467,100 $2,489,900 $977,200
2014 $36,247 $3,610,300 $2,489,900 $1,120,400
Source: Public Records

Agents Affiliated with this Home

  • JK

    Seller's Agent in 2012

    Janet Kermes

    Mott & Chace Sotheby's Intl.

    (401) 527-8159

    69 Total Sales

    Janet Kermes
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Map

Source: State-Wide MLS

MLS Number: 1017615

State-Wide MLS

APN: NARR-000024-F000000-A000000

Rhode Island Washington County Narragansett 02882

362 Ocean Rd, Narragansett, RI

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