NOT LISTED FOR SALE

40 Coffey Ave Narragansett, RI 02882

Estimated Value: $534,000 - $624,000

2 Beds
1 Bath
768 Sq Ft
$774/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $365,000 $475 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,425/month

20 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of July 2020

CHARMING 2 BEDROOM RANCH BLOCKS AWAY FROM SCARBOROUGH STATE BEACH. WELL MAINTAINED PROPERTY WITH HARDWOODS, VINYL SIDING, 3 SEASON ROOM AND PRIVATE DECK AREA OVERLOOKING BACK YARD. THIS IS AN IDEAL SUMMER PROPERTY FOR FAMILY OR INVESTMENT. ENJOY ALL OF NARRAGANSETT RESTAURANTS, BEACHES, SHOPPING AND MORE. CONNECTED TO SEWER & WATER.

Last Agent to Sell the Property

David Carty

CARTY REALTY License #REB.0016121 Listed on: 06/03/2020

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121 Listed on: 06/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1963

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned R-10

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Crawl Space
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 40COFFEYAVNARR

Community Details

Overview

  • Scarborough Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,522

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1148
  • Subdivision Name: SCARBOROUGH
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 768.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 40COFFEYAVNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3522.0
  • Tax Lot: 307
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 24, 2020
Sold by
Mcclanaghan Robert W Est
Bought by
Saltamachia Joseph A and Saltamachia Rachael C
Seller's Agent
David Carty
CARTY REALTY
Buyer's Agent
David Carty
CARTY REALTY
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%
Current Estimated Value
$594,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,413
Avg. Annual Appreciation
9.85%
Original Mortgage
$292,000
Outstanding Balance
$259,407
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,006
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
Saltamachia Joseph A $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saltamachia Joseph A $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $365,000 -1.1% $475 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $369,000 -- $480 / 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 $3,290 $502,300 $338,600 $163,700
2023 $3,270 $351,200 $241,900 $109,300
2022 $3,161 $351,200 $241,900 $109,300
2021 $3,112 $351,200 $241,900 $109,300
2020 $3,608 $344,300 $218,100 $126,200
2019 $3,522 $344,300 $218,100 $126,200
2018 $3,426 $344,300 $218,100 $126,200
2017 $3,025 $286,500 $196,100 $90,400
2016 $2,888 $286,500 $196,100 $90,400
2015 $2,848 $286,500 $196,100 $90,400
2014 $3,035 $302,300 $205,900 $96,400
Source: Public Records

Agents Affiliated with this Home

  • David Carty

    Seller's Agent in 2020

    David Carty

    CARTY REALTY

    (401) 662-9600

    44 in this area

    86 Total Sales

    David Carty
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Map

Source: State-Wide MLS

MLS Number: 1255400

State-Wide MLS

APN: NARR-000307-000000-K000000

Rhode Island Washington County Narragansett 02882

40 Coffey Ave, Narragansett, RI

This home is located at 40 Coffey Ave, Narragansett, RI 02882 since 03 June 2020 and is currently estimated at $594,413, approximately $773 per square foot. This property was built in 1963. 40 Coffey Ave 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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