V
Seller's Agent in 2020
Vincent Rinaldi
Select Realty Services Corp
(401) 595-3659
1 in this area
1 Total Sale
48 Jamestown Blvd Narragansett, RI 02882
Estimated Value: $1,001,000 - $1,091,000
6
Beds
3
Baths
1,941
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- Marina
- Beach Access
- Raised Ranch Architecture
- Narragansett Elementary School Rated A
- Golf Course Community
- Attic
About This Home
As of October 2020Wonderfully maintained and updated home that is perfect for your primary residence, second home, or investment. Recent upgrades include a new kitchen and flooring in 2020. This Raised Ranch boasts 6 large bedrooms and 3 full baths. It is located in Narragansett's Eastward Look South and is less than 3/10 mile to Scarborough Beach. The home is sold fully furnished, complete with comfortable coastal furniture, flat screen TVs, fully accessorized, and outside shower! After spending a day at the shore come home and relax on the deck watching colorful sunsets. A large 12,600 square foot private yard with plenty of room for all your summertime activities and ample parking for all! 2-income season rental: URI students for the academic season, and vacationing families in the summer. You can even keep a few weeks for your own summer vacation! Low taxes too! This home has an excellent rental history for summer and the academic year. Fully rented for 2020-2021 academic year.
Last Agent to Sell the Property
Select Realty Services Corp License #REB.0014166 Listed on: 08/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,932
Year Built
- Built in 1998
Lot Details
- 0.29
Parking
- 1 Car Attached Garage
Home Design
- Raised Ranch Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Furnished
- Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Walking Distance to Water
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Additional Features
- 0.29 Acre Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 282
- Assessor Parcel Number 48JAMESTOWNBLVDNARR
Community Details
Overview
- Eastward Look South Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2020
Closed on
Oct 10, 2020
Sold by
Rinaldi Vincent J and Rinaldi Lori A
Bought by
Testa Joseph G and Testa Patricia N
Seller's Agent
Vincent Rinaldi
Select Realty Services Corp
Buyer's Agent
Jason Corsini
Northeast Realty Asssociates
List Price
$715,000
Sold Price
$715,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,274
Avg. Annual Appreciation
7.67%
Original Mortgage
$542,400
Outstanding Balance
$482,436
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$549,838
Purchase Details
Closed on
Dec 3, 2015
Sold by
Anderson Marietta and Anderson Marietta
Bought by
Anderson Gregory and Anderson Marietta
Purchase Details
Closed on
Dec 11, 2009
Sold by
Anderson Gregory and Anderson Marietta
Bought by
Anderson Gregory and Anderson Marietta
Purchase Details
Closed on
May 14, 2007
Sold by
Castagno Vincent D and Castagno Irene M
Bought by
Anderson Gregory and Anderson Marietta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Testa Joseph G | $715,000 | None Available | |
| Anderson Gregory | -- | -- | |
| Anderson Gregory | $5,000 | -- | |
| Anderson Gregory | $531,500 | -- | |
| Anderson Gregory | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Testa Joseph G | $542,400 | |
| Previous Owner | Anderson Gregory | $393,473 | |
| Previous Owner | Anderson Gregory | $406,900 | |
| Previous Owner | Anderson Gregory | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2020 10/16/20 | Sold | $715,000 | 0.0% | $368 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 08/30/2020 08/30/20 | For Sale | $715,000 | -- | $368 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,229 | $798,300 | $360,200 | $438,100 |
| 2023 | $5,575 | $598,800 | $277,100 | $321,700 |
| 2022 | $5,389 | $598,800 | $277,100 | $321,700 |
| 2021 | $5,305 | $598,800 | $277,100 | $321,700 |
| 2020 | $4,933 | $470,700 | $204,800 | $265,900 |
| 2019 | $4,815 | $470,700 | $204,800 | $265,900 |
| 2018 | $4,683 | $470,700 | $204,800 | $265,900 |
| 2017 | $4,270 | $404,400 | $202,400 | $202,000 |
| 2016 | $4,076 | $404,400 | $202,400 | $202,000 |
| 2015 | $4,020 | $404,400 | $202,400 | $202,000 |
| 2014 | $4,048 | $403,200 | $196,700 | $206,500 |
Source: Public Records
Agents Affiliated with this Home
-
Vincent Rinaldi
-
Jason Corsini
J
Buyer's Agent in 2020
Jason Corsini
Northeast Realty Asssociates
(401) 487-7874
1 in this area
72 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1262762
APN: NARR-000282-000000-S000001
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