NOT LISTED FOR SALE

47 E Shore Rd Narragansett, RI 02882

Estimated Value: $1,444,000 - $1,917,000

2 Beds
2 Baths
1,358 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,400,000 $1,031 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,598/month

35 Days on Market

Highlights

  • Beach Front
  • Marina
  • Deck
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of November 2023

Step off your dock, onto your boat, take short boat ride to the open Ocean or enjoy the protected waters of the harbor and Pt. Judith Pond! Bike to Salty Brine and/or Roger Wheeler Beaches, Ice cream shops, restaurants, and the Block Island Ferry! Enjoy your morning on the eastwardly facing deck and witness the gorgeous sunrises. Come breath in the salt air and enjoy all the best fishing, clamming, crabbing, paddle sports, beaching and boating Southern RI has to offer!
Recently remodeled with expansion possibilities this easy, single level, living home boasts a whole house generator, propane gas heat, central air, gas fireplace, high efficiency on demand hot water heater, and hardwood floors through out! Three bedroom Septic System.

Last Agent to Sell the Property

David Cappucci

KEY Real Estate Services License #REC.0018315 Listed on: 10/03/2023

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,444

Year Built

  • Built in 1958

Lot Details

  • 7,013 Sq Ft Lot
  • Beach Front
  • Property is zoned r-20

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16 / 2
  • Assessor Parcel Number 47EASTSHORERDNARR

Community Details

Overview

  • Great Island Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,444

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.161
  • Subdivision Name: GREAT ISLAND
  • Above Grade Finished Sq Ft: 1358.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs, Cable TV
  • Living Area: 1358.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7013.0
  • Parcel #: 47EASTSHORERDNARR
  • Zoning: r-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7444.0
  • Tax Block: 2
  • Tax Lot: 16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 17, 2023
Sold by
Walter Louis Douglas Ret and Hamilton
Bought by
Brown Peter T and Brown Patricia A
Seller's Agent
David Cappucci
KEY Real Estate Services
Buyer's Agent
David Carty
CARTY REALTY
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
470
Current Estimated Value
$1,637,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,933
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,120,000
Outstanding Balance
$1,100,603
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$423,144

Purchase Details

Closed on
Nov 9, 2015
Sold by
Douglas Walter L
Bought by
Douglas Walter L and Hamilton John D
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
Brown Peter T $1,400,000 None Available
Douglas Walter L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Peter T $1,120,000
Previous Owner Douglas Walter L $38,900
Previous Owner Douglas Walter L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,400,000 -6.7% $1,031 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $1,500,000 -- $1,105 / 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 $8,089 $1,234,900 $899,800 $335,100
2023 $7,822 $840,200 $580,500 $259,700
2022 $7,562 $840,200 $580,500 $259,700
2021 $7,444 $840,200 $580,500 $259,700
2020 $7,122 $679,600 $465,900 $213,700
2019 $6,952 $679,600 $465,900 $213,700
2018 $6,762 $679,600 $465,900 $213,700
2017 $7,430 $703,600 $533,400 $170,200
2016 $7,092 $703,600 $533,400 $170,200
2015 $6,994 $703,600 $533,400 $170,200
2014 $6,689 $666,200 $486,300 $179,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1345198

State-Wide MLS

APN: NARR-000016-000000-R000002