NOT LISTED FOR SALE

40 Prospect Ave Unit A-2 Narragansett, RI 02882

Estimated Value: $434,000 - $582,000

1 Bed
1 Bath
675 Sq Ft
$250/mo HOA Fee

Last Sold July 25, 2016

Last sale price $225,000 $333 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,989/month

242 Days on Market

Highlights

  • Golf Course Community
  • Wooded Lot
  • Tennis Courts
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of July 2016

ENJOY A SHORT WALK TO NARRAGANSETT BEACH, THE TOWERS FROM YOUR BRIGHT AND SUNNY,COMPLETELY REMODELED, UPGRADED STAINLESS APPLIANCES, SCREENED DECK, CUSTOM TILE BACKSPLASH, 8'X12' STORAGE UNIT IN WALKOUT BASEMENT

Last Agent to Sell the Property

Janet Caldwell

Keller Williams Coastal License #RES.0019866 Listed on: 10/26/2015

Keller Williams Coastal

Last Buyer's Agent

Diane Lazarus

Coldwell Banker Realty License #REB.0014206

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1972

Lot Details

  • Fenced
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 675 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot R40
  • Assessor Parcel Number 40PROSPECTAVA2NARR

Community Details

Overview

  • Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,046

Year Built

Built in 1972

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PIER
  • Above Grade Finished Sq Ft: 675.0
  • Building Name: Prospect Place
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 675.0
  • Dining Room Type: Dining Room, Living Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved, Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 40PROSPECTAVA2NARR
  • Zoning: 1021R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2046.0
  • Tax Lot: R40
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Lubin Jane
Bought by
Jane Lubin Irt
Current Estimated Value
$482,870
Source: Public Records

Range of Values:

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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
Jane Lubin Irt -- None Available
Lubin Jane -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2016 07/25/16 Sold $225,000 -7.2% $333 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $242,500 +36.9% $359 / Sq Ft
06/22/2012 06/22/12 Sold $177,200 -1.5% $263 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
03/23/2011 03/23/11 For Sale $179,900 -- $267 / 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
2025 $2,544 $374,700 $0 $374,700
2024 $2,454 $374,700 $0 $374,700
2023 $2,496 $268,100 $0 $268,100
2022 $2,413 $268,100 $0 $268,100
2021 $2,375 $268,100 $0 $268,100
2020 $2,227 $212,500 $0 $212,500
2019 $2,174 $212,500 $0 $212,500
2018 $2,114 $212,500 $0 $212,500
2017 $2,152 $203,800 $0 $203,800
2016 $2,054 $203,800 $0 $203,800
2015 $2,026 $203,800 $0 $203,800
2014 $1,701 $169,400 $0 $169,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Janet Caldwell

    Keller Williams Coastal

    Section Image
  • Diane Lazarus

    Buyer's Agent in 2016

    Diane Lazarus

    Coldwell Banker Realty

    (401) 640-1658

    1 in this area

    64 Total Sales

    Diane Lazarus
    Section Image
  • John Krekorian

    Seller's Agent in 2012

    John Krekorian

    Flagship Real Estate Advisors

    (401) 742-8339

    24 in this area

    94 Total Sales

    John Krekorian
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1111173

State-Wide MLS

APN: NARR-000074-H000000-A000002

Rhode Island Washington County Narragansett 02882

40 Prospect Ave Unit A-2, Narragansett, RI

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