Seller's Agent in 2025
Lindsay Pettinelli
Churchill & Banks Co., LLC
(401) 439-0582
3 in this area
190 Total Sales
40 Hemlock Ave Narragansett, RI 02882
9
Beds
3
Baths
3,838
Sq Ft
0.43
Acres
Highlights
- Wood Flooring
- Window Unit Cooling System
- Baseboard Heating
- Narragansett Elementary School Rated A
- Bathtub with Shower
- Utility Room
About This Home
As of January 2025Rare 3 family on a double lot in Narragansett's Point Judith neighborhood. This property offers amazing investment income potential or the option to occupy one of the units while offsetting your mortgage. This turn key house currently has one of three units leased, allowing the other two units to be rented or occupied at buyer's discretion. Each spacious unit enjoys a private entrance and patio space. Garden level unit and top floor unit share laundry, while main floor has in unit laundry room. The oversized lot may be suitable for a variety of uses including expansion, an ADU or pool (buyer to complete due diligence). With parking for 9 cars, outdoor shower, walking proximity to Roger Wheeler Beach and neighborhood gems like Iggy's and Aunt Carrie's this 8 bed, three bath home is an excellent opportunity.
Last Agent to Sell the Property
Churchill & Banks Co., LLC License #RES.0043494 Listed on: 09/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,056
Year Built
- Built in 1960
Lot Details
- 0.43 Acre Lot
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,838 Sq Ft Home
- 3-Story Property
- Family Room
- Utility Room
- Laundry in unit
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 9 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Propane
- Baseboard Heating
- 100 Amp Service
- Water Heater
Community Details
- 3 Units
- Point Judith Subdivision
Listing and Financial Details
- Tax Lot 288
- Assessor Parcel Number 40HEMLOCKAVNARR
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Jan 2, 2025
Sold by
Kcc & Sdc Foundation Llc
Bought by
Rowland Yenlinda T and Rowland Henry L
Seller's Agent
Lindsay Pettinelli
Churchill & Banks Co., LLC
Buyer's Agent
Nicholas Hayes
HomeSmart Professionals
List Price
$1,850,000
Sold Price
$1,441,900
Premium/Discount to List
-$408,100
-22.06%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,073
Avg. Annual Appreciation
24.84%
Original Mortgage
$542,950
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 28, 2023
Sold by
Chmielewski Stephen D and Brown Kathryn C
Bought by
Kcc & Sdc Foundation Llc
Purchase Details
Listed on
Dec 30, 2021
Closed on
Mar 3, 2022
Sold by
Caruso Jason M and Caruso Jill
Bought by
Chmjelewski Stephen and Brown Kathryn C
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
The Fraioli-Wilson Team
Edge Realty RI
List Price
$1,350,000
Sold Price
$1,360,000
Premium/Discount to List
$10,000
0.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,088,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 30, 2021
Closed on
Sep 30, 2021
Sold by
Yurkstas Suzanne R and Yurkstas Tomas S
Bought by
Caruso Jason M and Caruso Jill
Seller's Agent
Nicholas Hayes
HomeSmart Professionals
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$1,275,000
Sold Price
$1,275,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
Original Mortgage
$956,250
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 30, 2014
Closed on
Sep 26, 2014
Sold by
Es Criscuolo Michael A
Bought by
Yurkstas Suzann R and Yukstas Tomas S
Seller's Agent
Lauren Grilli
RE/MAX Professionals
Buyer's Agent
Frances Bidell
RE/MAX FLAGSHIP, INC.
List Price
$550,000
Sold Price
$460,000
Premium/Discount to List
-$90,000
-16.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$325,000
Interest Rate
4.12%
Purchase Details
Closed on
Oct 24, 1986
Bought by
Yurkstas Suzanne R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,441,900 | None Available | |
| Warranty Deed | $1,441,900 | None Available | |
| Warranty Deed | $1,441,900 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,360,000 | None Available | |
| Warranty Deed | $1,360,000 | None Available | |
| Warranty Deed | $1,275,000 | None Available | |
| Warranty Deed | $1,275,000 | None Available | |
| Executors Deed | -- | -- | |
| Executors Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $542,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $542,950 | Purchase Money Mortgage | |
| Previous Owner | $1,088,000 | Purchase Money Mortgage | |
| Previous Owner | $956,250 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $325,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2025 01/02/25 | Sold | $1,441,900 | -7.0% | $376 / Sq Ft |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | Price Changed | $1,550,000 | -2.8% | $404 / Sq Ft |
| 10/14/2024 10/14/24 | Price Changed | $1,595,000 | -3.3% | $416 / Sq Ft |
| 09/30/2024 09/30/24 | Price Changed | $1,650,000 | -5.7% | $430 / Sq Ft |
| 09/24/2024 09/24/24 | Price Changed | $1,750,000 | -5.4% | $456 / Sq Ft |
| 09/13/2024 09/13/24 | For Sale | $1,850,000 | +36.0% | $482 / Sq Ft |
| 03/04/2022 03/04/22 | Sold | $1,360,000 | +0.7% | $354 / Sq Ft |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
| 12/30/2021 12/30/21 | For Sale | $1,350,000 | +5.9% | $352 / Sq Ft |
| 09/30/2021 09/30/21 | Sold | $1,275,000 | 0.0% | $332 / Sq Ft |
| 09/30/2021 09/30/21 | For Sale | $1,275,000 | +177.2% | $332 / Sq Ft |
| 09/26/2014 09/26/14 | Sold | $460,000 | -16.4% | $177 / Sq Ft |
| 08/27/2014 08/27/14 | Pending | -- | -- | -- |
| 04/30/2014 04/30/14 | For Sale | $550,000 | -- | $211 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,057 | $1,230,000 | $495,000 | $735,000 |
| 2023 | $5,502 | $591,000 | $321,400 | $269,600 |
| 2022 | $5,319 | $591,000 | $321,400 | $269,600 |
| 2021 | $5,236 | $591,000 | $321,400 | $269,600 |
| 2020 | $5,918 | $564,700 | $322,500 | $242,200 |
| 2019 | $5,777 | $564,700 | $322,500 | $242,200 |
| 2018 | $5,619 | $564,700 | $322,500 | $242,200 |
| 2017 | $6,271 | $593,800 | $344,900 | $248,900 |
| 2016 | $5,986 | $593,800 | $344,900 | $248,900 |
| 2015 | $5,902 | $593,800 | $344,900 | $248,900 |
| 2014 | $6,434 | $640,800 | $391,900 | $248,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Nicholas Hayes
HomeSmart Professionals
(401) 345-6161
13 in this area
37 Total Sales
-
Seller's Agent in 2022
Alex Fraioli
Edge Realty RI
(401) 255-9109
7 in this area
143 Total Sales
-
Buyer's Agent in 2022
The Fraioli-Wilson Team
Edge Realty RI
(401) 258-0341
19 in this area
112 Total Sales
-
Seller's Agent in 2014
Lauren Grilli
RE/MAX Professionals
(401) 258-8225
1 in this area
41 Total Sales
-
Buyer's Agent in 2014
Frances Bidell
RE/MAX FLAGSHIP, INC.
(401) 864-1308
7 in this area
58 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1368553
APN: NARR-000288-000000-N000000
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