$980,000
SOLD APR 16, 2021

48 Ocean Spray Ave Narragansett, RI 02882

2 Beds
1 Bath
900 Sq Ft
5,600 Sq Ft Lot

Recently Sold

$1,089 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Cathedral Ceiling

About This Home

As of December 2021

Oceanfront cottage- on the rocks. Town water, sewer & gas. Loft bed with two oceanfront decks. Good high elevation above water. Flood insurance is $1679. Comfortable stairs to second floor loft/bedroom. Modern efficient kitchen with granite, living room with bead board. Rented for entire summer season.

Last Agent to Sell the Property

James Durkin

Durkin Cottage Realty License #REB.0010447 Listed on: 03/03/2021

Last Buyer's Agent

Linda Kaley

Lila Delman Compass License #RES.0031304

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1940

Lot Details

  • 5,600 Sq Ft Lot
  • Beach Front

Home Design

  • Cottage
  • Block Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Zoned Heating and Cooling System
  • 100 Amp Service
  • Gas Water Heater

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
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,000

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1286
  • Subdivision Name: Point Judith
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 900.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Wood Siding, Shingle Siding
  • Foundation Details: Block, Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Other, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5600.0
  • Parcel #: 48OCEANSPRAYAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7000.0
  • Tax Lot: 115
  • Tax Year: 2020

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
$1,259,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,388
Avg. Annual Appreciation
5.48%
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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $6,626 $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

    James Durkin
    Section Image
  • Linda Kaley

    Seller's Agent in 2021

    Linda Kaley

    Lila Delman Compass

    (401) 742-4534

    8 in this area

    37 Total Sales

    Linda Kaley
    Section Image
  • Andrea Belanger

    Buyer's Agent in 2021

    Andrea Belanger

    Keller Williams South Watuppa

    (401) 333-9333

    1 in this area

    57 Total Sales

    Andrea Belanger
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1276592

State-Wide MLS

APN: NARR-000115-000000-L000000

Rhode Island Washington County Narragansett 02882

48 Ocean Spray Ave, Narragansett, RI

This home is located at 48 Ocean Spray Ave, Narragansett, RI 02882 and is currently priced at $980,000, approximately $1,088 per square foot. This property was built in 1940. 48 Ocean Spray Ave is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes