NOT LISTED FOR SALE

434 Ocean Rd Narragansett, RI 02882

Estimated Value: $2,302,561 - $3,095,000

3 Beds
4 Baths
4,117 Sq Ft
$664/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $1,100,000 $267 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $16,548/month

165 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • 1 Acre Lot

About This Home

As of June 2017

Charming Stone Carriage house Located in the Estate Area, set on a rolling acre with ocean views. Casual elegance abound in this special 3 bed home, high ceilings, open and flowing floor plan,beautiful terraces,wonderful home for entertaining.

Last Agent to Sell the Property

Gladys Barbosa

Edge Realty RI License #RES.0030485 Listed on: 12/02/2016

Last Buyer's Agent

Timothy Haxton

Re/Max Flagship, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,693

Year Built

  • Built in 1887

Lot Details

  • 1

Parking

  • 2 Car Detached Garage

Home Design

  • Antique Architecture
  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 4,117 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Stone Fireplace
  • Water Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Septic Tank

Additional Features

  • 1 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 434OCEANRDNARR

Community Details

Overview

  • Estate Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,693

Year Built

Built in 1887

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Subdivision Name: ESTATE AREA
  • Above Grade Finished Sq Ft: 4117.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1887
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4108
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar
  • Living Area: 4117.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, Wood Siding, Clapboard, Masonry, Shingle Siding
  • Exterior Features: Balcony, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 434OCEANRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12693.0
  • Tax Lot: 37
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jun 16, 2017
Sold by
Garrahan William F and Garrahan Geraldine M
Bought by
Ritter Thomas D and Keller Christine E
Seller's Agent
Gladys Barbosa
Edge Realty RI
Buyer's Agent
Timothy Haxton
Re/Max Flagship, Inc.
List Price
$1,499,000
Sold Price
$1,100,000
Premium/Discount to List
-$399,000
-26.62%
Total Days on Market
165
Current Estimated Value
$2,734,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,634,140
Avg. Annual Appreciation
11.17%
Original Mortgage
$880,000
Outstanding Balance
$742,410
Interest Rate
4.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,818,625

Purchase Details

Closed on
Mar 17, 1986
Bought by
Garrahan William F
Source: Public Records

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Range of Values:

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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
Ritter Thomas D $1,100,000 --
Garrahan William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Thomas D $880,000
Previous Owner Garrahan William F $2,225,000
Previous Owner Garrahan William F $700,000
Previous Owner Garrahan William F $415,000
Previous Owner Garrahan William F $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $1,100,000 -26.6% $267 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $1,499,000 -- $364 / 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 $14,394 $2,197,500 $918,200 $1,279,300
2023 $12,470 $1,339,400 $655,800 $683,600
2022 $12,055 $1,339,400 $655,800 $683,600
2021 $11,812 $1,333,200 $655,800 $677,400
2020 $12,840 $1,225,200 $655,800 $569,400
2019 $12,534 $1,225,200 $655,800 $569,400
2018 $12,085 $1,214,600 $655,800 $558,800
2017 $13,297 $1,259,200 $645,800 $613,400
2016 $12,693 $1,259,200 $645,800 $613,400
2015 $12,516 $1,259,200 $645,800 $613,400
2014 $12,638 $1,258,800 $645,800 $613,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1142428

State-Wide MLS

APN: NARR-000037-000000-G000000