NOT LISTED FOR SALE

41 Gibson Ave Narragansett, RI 02882

Estimated Value: $2,358,000 - $2,814,000

7 Beds
3.5 Baths
3,191 Sq Ft
$811/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,825,000 $572 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,119/month

Highlights

  • 1.13 Acre Lot
  • Wood Burning Stove
  • Victorian Architecture
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of October 2021

Sold before print for comp purposes only.

Last Agent to Sell the Property

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052 Listed on: 10/29/2021

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052 Listed on: 10/29/2021

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,163

Year Built

  • Built in 1890

Lot Details

  • 1.13 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,191 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Water Heater

Community Details

  • Narragansett Pier Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 41GIBSONAVNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,163

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Subdivision Name: Narragansett Pier
  • Above Grade Finished Sq Ft: 3191.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Water Heater, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Wood Burning Stove
  • Living Area: 3191.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Foundation Details: Combination
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49223.0
  • Parcel #: 41GIBSONAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11163.0
  • Tax Lot: 109
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Souh County Post & Beam I
Bought by
Bouvier Joshua A and Bouvier Monique C
Current Estimated Value
$2,588,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$981,141
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,607,437

Purchase Details

Listed on
Oct 29, 2021
Closed on
Oct 28, 2021
Sold by
Doran-Frank Anne E and Doran Valerie
Bought by
South County Post & Beam
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
List Price
$1,795,000
Sold Price
$1,825,000
Premium/Discount to List
$30,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
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
Bouvier Joshua A $2,200,000 None Available
South County Post & Beam $1,825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouvier Joshua A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,825,000 +1.7% $572 / Sq Ft
10/29/2021 10/29/21 For Sale $1,795,000 -- $563 / 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
2024 $12,507 $1,909,400 $591,200 $1,318,200
2023 $5,068 $544,400 $319,400 $225,000
2022 $9,485 $1,053,900 $384,700 $669,200
2021 $9,338 $1,053,900 $384,700 $669,200
2020 $8,449 $806,200 $287,200 $519,000
2019 $8,247 $806,200 $287,200 $519,000
2018 $7,372 $740,900 $287,200 $453,700
2017 $8,428 $798,100 $270,200 $527,900
2016 $8,045 $798,100 $270,200 $527,900
2015 $7,914 $796,200 $270,200 $526,000
2014 $7,653 $762,300 $231,700 $530,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Janet Kermes

    Mott & Chace Sotheby's Intl.

    (401) 527-8159

    28 in this area

    79 Total Sales

    Janet Kermes
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1297357

State-Wide MLS

APN: NARR-000109-000000-E000000

Rhode Island Washington County Narragansett 02882

41 Gibson Ave, Narragansett, RI

This home is located at 41 Gibson Ave, Narragansett, RI 02882 since 29 October 2021 and is currently estimated at $2,588,578, approximately $811 per square foot. This property was built in 1890. 41 Gibson Ave 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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