Seller's Agent in 2020
Laureen Koch
Lila Delman Compass
(401) 447-3062
13 in this area
41 Total Sales
40 Prospect Ave Unit A-4 Narragansett, RI 02882
Estimated Value: $421,000 - $554,000
1
Bed
1
Bath
640
Sq Ft
$250/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- Wood Flooring
- Narragansett Elementary School Rated A
- Deck
- Tennis Courts
About This Home
As of April 2020Tucked away in a quiet cul de sac in the popular Pier neighborhood of Narragansett is this lovely condominium community. Walk to Narragansett Town Beach, tennis, park, restaurants, shopping, and all amenities of Narragansett! The beautifully updated open concept layout is the perfect getaway or primary residence. This spacious 1 bedroom condo has lots of room for overnight guests in the large living room! The fabulous common area in the lower level is a great added feature where you have your own personal room for storage and beach accessories. The updated kitchen with granite counter tops and stainless steel appliances, hardwood floors throughout, laundry in the unit, large bathroom, and outside deck with a wonderful view of the beautiful grounds make this a perfect choice. Low HOA fees include water, sewer, trash pickup, landscaping and plowing! Can be sold fully furnished, so you can just head to the beach.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0035145 Listed on: 02/06/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,175
Year Built
- Built in 1972
Lot Details
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 640 Sq Ft Home
- 1-Story Property
- Thermal Windows
- Storage Room
- Wood Flooring
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Unassigned Parking
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- Central Air
- Heat Pump System
- 100 Amp Service
- Cable TV Available
Listing and Financial Details
- Tax Lot 74
- Assessor Parcel Number 40PROSPECTAVA-4NARR
Community Details
Overview
- 12 Units
- Pier, Narragansett Pier Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2020
Closed on
Apr 2, 2020
Sold by
Grillo Ralph K
Bought by
Morin Elizabeth R
Seller's Agent
Laureen Koch
Lila Delman Compass
Buyer's Agent
Laureen Koch
Lila Delman Compass
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
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
$213,555
Avg. Annual Appreciation
11.91%
Original Mortgage
$196,000
Outstanding Balance
$173,255
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$285,300
Purchase Details
Listed on
Mar 23, 2011
Closed on
Mar 18, 2013
Sold by
Prospect Place Llc
Bought by
Carey Richard C
Seller's Agent
John Krekorian
Flagship Real Estate Advisors
Buyer's Agent
Randall Koster
Bay Boosters Co.
List Price
$184,900
Sold Price
$178,000
Premium/Discount to List
-$6,900
-3.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$103,000
Interest Rate
3.54%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morin Elizabeth R | $245,000 | None Available | |
| Carey Richard C | $178,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morin Elizabeth R | $196,000 | |
| Previous Owner | Carey Richard C | $150,000 | |
| Previous Owner | Carey Richard C | $103,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2020 04/03/20 | Sold | $245,000 | -2.0% | $383 / Sq Ft | |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- | |
| 02/06/2020 02/06/20 | For Sale | $250,000 | +20.2% | $391 / Sq Ft | |
| 06/01/2015 06/01/15 | Sold | $208,000 | -9.2% | $308 / Sq Ft | View Prior Sale |
| 05/02/2015 05/02/15 | Pending | -- | -- | -- | |
| 01/26/2015 01/26/15 | For Sale | $229,000 | +28.7% | $339 / Sq Ft | |
| 03/15/2013 03/15/13 | Sold | $178,000 | -3.7% | $264 / Sq Ft | View Prior Sale |
| 02/13/2013 02/13/13 | Pending | -- | -- | -- | |
| 03/23/2011 03/23/11 | For Sale | $184,900 | -- | $274 / 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 |
|---|---|---|---|---|
| 2025 | $2,212 | $325,700 | $0 | $325,700 |
| 2024 | $2,133 | $325,700 | $0 | $325,700 |
| 2023 | $2,120 | $227,700 | $0 | $227,700 |
| 2022 | $2,049 | $227,700 | $0 | $227,700 |
| 2021 | $2,017 | $227,700 | $0 | $227,700 |
| 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
-
Laureen Koch
-
Dave Binns
Seller's Agent in 2015
Dave Binns
Flagship Real Estate Advisors
(401) 864-1965
1 in this area
27 Total Sales
-
John Krekorian
Seller's Agent in 2013
John Krekorian
Flagship Real Estate Advisors
(401) 742-8339
24 in this area
93 Total Sales
-
R
Buyer's Agent in 2013
Randall Koster
Bay Boosters Co.
Map
Source: State-Wide MLS
MLS Number: 1246556
APN: NARR-000074-H000000-A000004
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