40 Tern Rd Narragansett, RI 02882
Estimated payment $3,637/month
Highlights
- Marina
- Barn
- Attic
- Narragansett Elementary School Rated A
- Wood Flooring
- Community Pool
About This Home
Set on a spacious lot along a quiet street in one of Narragansett's hidden gem neighborhoods, 40 Tern Road offers an incredible opportunity for the next owner to reimagine and renovate a property with tremendous potential. This well-built home features solid bones, generous living space, and a layout ready for a complete renovation and personal vision. Perfectly located close to Narragansett's beaches, restaurants, shopping, and local attractions, the property still feels tucked away in its own private little paradise. Enjoy the rare combination of convenience and tranquility, where you can be minutes from everything while coming home to a peaceful hideaway setting surrounded by privacy and nature. The large lot provides outstanding space for entertaining, relaxing, or possible future expansion. Whether you are looking for your next renovation project, investment opportunity, future coastal getaway, or hoping to make Narragansett your primary home, this hidden gem is ready for its next chapter in one of Rhode Island's premier beach communities. OFFER DEADLINE: 5/19 TUESDAY 5PM
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,049
Year Built
- Built in 1961
Lot Details
- 9,583 Sq Ft Lot
- Property is zoned R-40
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Storage
- Utility Room
- Wood Flooring
- Attic
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Walking Distance to Water
- Outbuilding
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- 150 Amp Service
- Gas Water Heater
- Septic Tank
Additional Features
- Accessible Approach with Ramp
- Property near a hospital
- Barn
Listing and Financial Details
- Tax Lot 150
- Assessor Parcel Number 40TERNRDNARR
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,296 | $190,800 | $189,900 | $900 |
| 2024 | $1,250 | $190,800 | $189,900 | $900 |
| 2023 | $1,346 | $144,600 | $144,000 | $600 |
| 2022 | $1,301 | $144,600 | $144,000 | $600 |
| 2021 | $1,281 | $144,600 | $144,000 | $600 |
| 2020 | $1,398 | $133,400 | $132,800 | $600 |
| 2019 | $1,365 | $133,400 | $132,800 | $600 |
| 2018 | $1,327 | $133,400 | $132,800 | $600 |
| 2017 | $1,469 | $139,100 | $138,900 | $200 |
| 2016 | $1,402 | $139,100 | $138,900 | $200 |
| 2015 | $1,383 | $139,100 | $138,900 | $200 |
| 2014 | $1,397 | $139,100 | $138,900 | $200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2026 05/09/26 | For Sale | $625,000 | -- | $293 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $227,500 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $222,527 | New Conventional |
Source: State-Wide MLS
MLS Number: 1412102
APN: NARR M:W B:150
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