NOT LISTED FOR SALE

4 Hoberg St Narragansett, RI 02882

Estimated Value: $506,000 - $592,558

0.07 Acre
$8,424,525 Price per Acre
2,840 Sq Ft Lot

Last Sold December 05, 2022

Last sale price $450,000

Est. 22% increase in value since last sale

Current estimated payment $3,183/month

170 Days on Market

Highlights

  • Marina
  • Water Views
  • Recreation Facilities
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Walking Distance to Water

About This Lot

As of December 2022

Extremely rare lot providing the opportunity to build your dream home so close to the ocean and the famous beautiful beaches. Build a home that your family and friends will create memories that last a lifetime. Picture the views of Block Island, breathtaking sunsets and sunrises. Due to low inventory of land so close to the ocean with breathtaking views, this home site will not last at this new low price. Sewer and city water too.

Last Agent to Sell the Property

Kathleen Schmitt

EXPERIENCE Real Estate License #REC.0014134 Listed on: 06/17/2022

Last Buyer's Agent

Kathleen Schmitt

EXPERIENCE Real Estate License #REC.0014134 Listed on: 06/17/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,562

Lot Details

  • 2,840 Sq Ft Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned 102R, Condominium,Residential

HOA Fees

  • $90 Monthly HOA Fees

Property Views

  • Water Views

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 4HOBERGSTNARR

Community Details

Overview

  • Break Water Village Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$3,562

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.0652
  • Subdivision Name: Break Water Village
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family, Residential

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water

Utilities

  • Sewer: Sanitary
  • Utilities: Municipal Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Recreation Area
  • Senior Community: No
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 2840.0
  • Parcel #: 4HOBERGSTNARR
  • Zoning Description: Condominium,Residential
  • Zoning: 102R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3562.0
  • Tax Lot: 22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Nov 22, 2022
Sold by
Fay Derik
Bought by
Lundstrom Trudy K and Lundstrom Gary K
Seller's Agent
Kathleen Schmitt
EXPERIENCE Real Estate
Buyer's Agent
Kathleen Schmitt
EXPERIENCE Real Estate
List Price
$675,000
Sold Price
$450,000
Premium/Discount to List
-$225,000
-33.33%
Views
168
Current Estimated Value
$549,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,279
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Sep 9, 2021
Sold by
Unzueta Helen M
Bought by
Fay Derik
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lundstrom Trudy K $450,000 None Available
Lundstrom Trudy K $450,000 None Available
Fay Derik $350,000 None Available
Fay Derik $350,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $450,000 -18.0% --
09/07/2022 09/07/22 Price Changed $549,000 -16.7% --
08/05/2022 08/05/22 Price Changed $659,000 -2.4% --
06/17/2022 06/17/22 For Sale $675,000 -- --
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
2025 $2,556 $376,400 $376,400 $0
2024 $2,465 $376,400 $376,400 $0
2023 $2,468 $265,100 $264,200 $900
2022 $3,618 $402,000 $264,200 $137,800
2021 $3,562 $402,000 $264,200 $137,800
2020 $4,189 $399,700 $264,000 $135,700
2019 $4,089 $399,700 $264,000 $135,700
2018 $3,977 $399,700 $264,000 $135,700
2017 $3,577 $338,700 $250,600 $88,100
2016 $3,414 $338,700 $250,600 $88,100
2015 $3,367 $338,700 $250,600 $88,100
2014 $2,984 $297,200 $222,700 $74,500
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Schmitt

    Seller's Agent in 2022

    Kathleen Schmitt

    EXPERIENCE Real Estate

    (401) 286-8011

    5 in this area

    18 Total Sales

    Kathleen Schmitt
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Map

Source: State-Wide MLS

MLS Number: 1313152

State-Wide MLS

APN: NARR-000022-000000-M000167

Rhode Island Washington County Narragansett 02882

4 Hoberg St, Narragansett, RI

Not Listed for Sale

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