48 Ocean Spray Ave Narragansett, RI 02882
2
Beds
1
Bath
972
Sq Ft
5,600
Sq Ft Lot
Highlights
- Marina
- Ocean Front
- Water Access
- Narragansett Elementary School Rated A
- Golf Course Community
- Cape Cod Architecture
About This Home
As of December 2021Oceanfront cottage - on the rocks. Town water, sewer & gas. Loft bed with two oceanfront decks. Good high elevation above water. Flood insurance only 1152 annual. Circular staircase is gone. Comfortable stairs to second floor loft/bedroom.
Last Agent to Sell the Property
Durkin Cottage Realty License #REB.0010447 Listed on: 11/15/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,403
Year Built
- Built in 1989
Lot Details
- 5,600 Sq Ft Lot
- Ocean Front
Home Design
- Cape Cod Architecture
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 972 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Skylights
- Crawl Space
Kitchen
- Oven
- Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Additional Features
- Water Access
- Property near a hospital
Listing and Financial Details
- Tax Lot 115
- Assessor Parcel Number 48OCEANSPRAYAVNARR
Community Details
Overview
- Point Judith Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2021
Closed on
Dec 1, 2021
Sold by
Marciano Joanne E
Bought by
Kendra Michael L and Kendra Heather L
Seller's Agent
Linda Kaley
Lila Delman Compass
Buyer's Agent
Andrea Belanger
Keller Williams South Watuppa
List Price
$1,050,000
Sold Price
$1,050,000
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
$188,682
Avg. Annual Appreciation
5.67%
Original Mortgage
$840,000
Outstanding Balance
$780,279
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$505,133
Purchase Details
Listed on
Mar 3, 2021
Closed on
Apr 15, 2021
Sold by
Case Marie C
Bought by
Marciano Joanne E
Seller's Agent
James Durkin
Durkin Cottage Realty
Buyer's Agent
Linda Kaley
Lila Delman Compass
List Price
$975,000
Sold Price
$980,000
Premium/Discount to List
$5,000
0.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Purchase Details
Closed on
Aug 19, 2013
Sold by
Oneil Kathleen
Bought by
Durkin James P and Durkin Rebecca H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.31%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | None Available | |
| Warranty Deed | $980,000 | None Available | |
| Warranty Deed | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | Purchase Money Mortgage | |
| Previous Owner | $494,900 | Credit Line Revolving | |
| Previous Owner | $315,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $1,050,000 | 0.0% | $1,167 / Sq Ft |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- |
| 10/04/2021 10/04/21 | For Sale | $1,050,000 | +7.1% | $1,167 / Sq Ft |
| 04/16/2021 04/16/21 | Sold | $980,000 | +0.5% | $1,089 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | For Sale | $975,000 | +69.6% | $1,083 / Sq Ft |
| 03/21/2014 03/21/14 | Sold | $575,000 | -2.5% | $592 / Sq Ft |
| 02/19/2014 02/19/14 | Pending | -- | -- | -- |
| 11/15/2013 11/15/13 | For Sale | $589,500 | -- | $606 / 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 | $6,626 | $1,011,600 | $798,300 | $213,300 |
| 2023 | $6,335 | $680,400 | $532,000 | $148,400 |
| 2022 | $6,124 | $680,400 | $532,000 | $148,400 |
| 2021 | $6,028 | $680,400 | $532,000 | $148,400 |
| 2020 | $7,535 | $719,000 | $566,500 | $152,500 |
| 2019 | $7,333 | $716,800 | $566,500 | $150,300 |
| 2018 | $7,132 | $716,800 | $566,500 | $150,300 |
| 2017 | $6,696 | $634,100 | $542,600 | $91,500 |
| 2016 | $6,392 | $634,100 | $542,600 | $91,500 |
| 2015 | $6,303 | $634,100 | $542,600 | $91,500 |
| 2014 | $6,560 | $653,400 | $542,600 | $110,800 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
James Durkin
Durkin Cottage Realty
(401) 789-6659
46 in this area
48 Total Sales
-
Seller's Agent in 2021
Linda Kaley
Lila Delman Compass
(401) 742-4534
8 in this area
36 Total Sales
-
Buyer's Agent in 2021
Andrea Belanger
Keller Williams South Watuppa
(401) 333-9333
1 in this area
57 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1055446
APN: NARR-000115-000000-L000000
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