$375,000
UNDER CONTRACT

40 Prospect Ave Unit C-3 Narragansett, RI 02882

Estimated payment $2,558/month

Total Views 7,430
1 Bed
1 Bath
640 Sq Ft
$586 Price per Sq Ft

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Wooded Lot
  • Attic

About This Home

Charming one-bedroom condo nestled on a quiet cul-de-sac, just a mile from Narragansett Town Beach and the Pier's restaurants and amenities perfect for walking or biking! Part of an intimate 12-unit condo association, the condo features hardwoods, a deck to enjoy your morning coffee along with ample storage and parking. Move-in ready just in time for summer!

Listing Agent

Michelle Datoli

Mott & Chace Sotheby's Intl. License #REB.0016198 Listed on: 06/12/2025

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1972

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Shingle Siding

Interior Spaces

  • 640 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Wooded Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 74-C3
  • Assessor Parcel Number 40PROSPECTAVC3NARR

Community Details

Overview

  • Association fees include ground maintenance, parking, sewer, snow removal, trash, water
  • 12 Units
  • Pier Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,455

Year Built

Built in 1972

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Inclusions: Cats allowed and dogs under 40 lbs allowed.
  • Subdivision Name: Pier
  • Above Grade Finished Sq Ft: 640.0
  • Building Name: Prospect Place
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats
  • Special Features: UnderContract
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 640.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Sewer, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 40PROSPECTAVC3NARR
  • Zoning: R40

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 2455.0
  • Tax Lot: 74-C3
  • Tax Map Number: H
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,455 $374,800 $0 $374,800
2023 $2,497 $268,200 $0 $268,200
2022 $2,414 $268,200 $0 $268,200
2021 $2,376 $268,200 $0 $268,200
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

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $375,000 -- $586 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $222,500 --
Warranty Deed $184,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,000 New Conventional
Previous Owner $147,900 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1387365

State-Wide MLS

APN: NARR-000074-H000000-C000003

Rhode Island Washington County Narragansett 02882

40 Prospect Ave Unit C-3, Narragansett, RI

This home is located at 40 Prospect Ave Unit C-3, Narragansett, RI 02882 and is currently priced at $375,000, approximately $585 per square foot. This property was built in 1972. 40 Prospect Ave Unit C-3 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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Michelle Datoli
Listing Agent
Michelle Datoli
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Mott & Chace Sotheby's Intl.
(401) 271-9696