NOT LISTED FOR SALE

40 Prospect Ave Unit C-4 Narragansett, RI 02882

Estimated Value: $446,000 - $593,000

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

Last Sold September 18, 2015

Last sale price $219,000 $342 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,063/month

8 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of September 2015

What a find! This complex was completely redone in 2011 so all is brand new. Features include granite kit. w/glass backsplash, stainless steel appliances, wainscoting, balcony overlooking woods. Walking distance to Pier and beach. Perfect getaway!

Last Agent to Sell the Property

Elizabeth Barrett

Mott & Chace Sotheby's Intl. License #RES.0027639 Listed on: 08/10/2015

Last Buyer's Agent

Annamarie Ringheim

Mott & Chace Sotheby's Intl. License #REB.0016229

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1972

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 640 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

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

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony

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 74
  • Assessor Parcel Number 40PROSPECTAVC-4NARR

Community Details

Overview

  • 12 Units
  • Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,026

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: 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
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 640.0
  • Dining Room Type: Dining Room, Living Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, 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 #: 40PROSPECTAVC-4NARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 2026.0
  • Tax Lot: 74
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 18, 2015
Sold by
Choinski Wayne and Choinski Angela
Bought by
Wirtanen Kristin M
Seller's Agent
Elizabeth Barrett
Mott & Chace Sotheby's Intl.
Buyer's Agent
Annamarie Ringheim
Mott & Chace Sotheby's Intl.
List Price
$230,000
Sold Price
$219,000
Premium/Discount to List
-$11,000
-4.78%
Current Estimated Value
$494,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,982
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Prospect Place Llc
Bought by
Choinski Wayne and Choinski Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,300
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
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
Wirtanen Kristin M $219,500 --
Choinski Wayne $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choinski Wayne $125,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $219,000 -4.8% $342 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $230,000 -- $359 / 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 $2,667 $392,800 $0 $392,800
2024 $2,573 $392,800 $0 $392,800
2023 $2,619 $281,300 $0 $281,300
2022 $2,532 $281,300 $0 $281,300
2021 $2,492 $281,300 $0 $281,300
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

  • E

    Seller's Agent in 2015

    Elizabeth Barrett

    Mott & Chace Sotheby's Intl.

  • Annamarie Ringheim

    Buyer's Agent in 2015

    Annamarie Ringheim

    Mott & Chace Sotheby's Intl.

    (401) 862-0576

    9 Total Sales

    Annamarie Ringheim
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Map

Source: State-Wide MLS

MLS Number: 1104740

State-Wide MLS

APN: NARR-000074-H000000-C000004

Rhode Island Washington County Narragansett 02882

40 Prospect Ave Unit C-4, Narragansett, RI

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