$479,000
SOLD NOV 1, 2016

42 Joy Ln Narragansett, RI 02882

8 Beds
4 Baths
2,357 Sq Ft
0.49 Acres

Recently Sold

$203 Per Sq Ft

4% Below List Price

37 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Deck
  • Narragansett Elementary School Rated A
  • 0.49 Acre Lot
  • Tennis Courts

About This Home

As of January 2020

Super Rare find, this duplex has 4 beds and 2 baths on each side, rents are low, excellent condition throughout, huge private decks, nice yard and all part of Bonnet Shores... Walk to beaches, live and rent or use as a family compound.Great Location

Last Agent to Sell the Property

Scott McGee

RE/MAX Properties License #RES.0032155 Listed on: 08/25/2016

RE/MAX Properties

Last Buyer's Agent

Thomas Morrill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1985

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,357 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 0.49 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 102
  • Assessor Parcel Number 42JOYLANENARR

Community Details

Overview

  • 2 Units
  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,717

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4909
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 2357.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1985
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 2357.0
  • Dining Room Type: Bathroom, Bedroom
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 21385.0
  • Parcel #: 42JOYLANENARR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2717.0
  • Tax Lot: 102
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Jan 17, 2020
Sold by
Goolgasian Christopher J and Goolgasian Elizabeth A
Bought by
Wilshire Park Llc
Seller's Agent
Tom Morrill
Select Realty Services Corp
Buyer's Agent
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
List Price
$664,000
Sold Price
$639,000
Premium/Discount to List
-$25,000
-3.77%
Current Estimated Value
$1,187,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,590
Avg. Annual Appreciation
11.87%

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 1, 2016
Sold by
Joy Lane Associates Ll
Bought by
Goolgasian Christopher J and Goolgasian Elizabeth A
Seller's Agent
Scott McGee
RE/MAX Properties
Buyer's Agent
Thomas Morrill
List Price
$499,900
Sold Price
$479,000
Premium/Discount to List
-$20,900
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Mar 23, 2011
Sold by
Alecio Ann Marie and Alecio Orlando
Bought by
Joy Lane Assoc Llc

Purchase Details

Closed on
Oct 15, 2010
Sold by
Dilorenzo Anthony W
Bought by
Aleico Ann Marie and Aleico Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.36%
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 Type Sale Price Title Company
Warranty Deed $639,000 None Available
Warranty Deed $479,000 --
Quit Claim Deed -- --
Deed $370,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $296,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $639,000 -3.8% $252 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $664,000 +38.6% $262 / Sq Ft
11/01/2016 11/01/16 Sold $479,000 -4.2% $203 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $499,900 -- $212 / 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 $6,128 $935,600 $214,400 $721,200
2023 $5,224 $561,100 $153,200 $407,900
2022 $4,958 $550,900 $153,200 $397,700
2021 $4,881 $550,900 $153,200 $397,700
2020 $4,019 $383,500 $105,300 $278,200
2019 $3,923 $383,500 $105,300 $278,200
2018 $4,352 $437,400 $131,600 $305,800
2017 $2,886 $273,300 $92,200 $181,100
2016 $2,755 $273,300 $92,200 $181,100
2015 $2,717 $273,300 $92,200 $181,100
2014 $2,864 $285,300 $110,600 $174,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tom Morrill

    Select Realty Services Corp

    Section Image

  • E

    Buyer's Agent in 2020

    ERNEST ESPOSITO

    RE/MAX FLAGSHIP, INC.

  • Scott McGee

    Seller's Agent in 2016

    Scott McGee

    RE/MAX Properties

    (401) 639-2906

    14 in this area

    1,070 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Thomas Morrill

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1135163

State-Wide MLS

APN: NARR-000102-000000-000000NR

Rhode Island Washington County Narragansett 02882

42 Joy Ln, Narragansett, RI

This home is located at 42 Joy Ln, Narragansett, RI 02882 and is currently priced at $479,000, approximately $203 per square foot. This property was built in 1985. 42 Joy Ln 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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