NOT LISTED FOR SALE

48 Palm Beach Ave Narragansett, RI 02882

Estimated Value: $933,000 - $962,000

3 Beds
2 Baths
1,984 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $702,500 $354 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,497/month

25 Days on Market

Highlights

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

About This Home

As of August 2021

BACK ON MARKET DON'T MISS THIS EXTRAORDINARY OPPORTUNITY!!!
Built in 1999, this well maintained 3 bedroom, 2 bath home is located within the highly desirable Briggs Farm community. The kitchen boasts maple cabinets, mother of pearl granite counter tops and recently replaced appliances. All windows including the slider were replaced in 2020 with Andersen high efficiency hurricane glass windows and include a transferable lifetime warranty. The great room features hardwood flooring, a gas fired stove fireplace for those cold damp nights and a Palladium style window with plantation shutters. The home is serviced by natural gas, town water and sewer. Amenities are available through the Briggs Farm association and include kayak racks, docking, beach, and a boat ramp. The exceptionally large yard is professionally landscaped with mature plantings and an irrigation system. The lower-level paver patio features an outdoor shower to keep the beach sand outside where it belongs. Included on the lower level are two sheds one of which houses a large portable generator capable of powering 90% of the home. Both are located just outside the oversized integral garages providing plenty of additional storage and a huge parking area for all the guests. Great white sandy beaches, restaurants, shopping, and the Block Island Ferry are minutes away. This well maintained home presents a fantastic opportunity for year-round living, a summer getaway or investment opportunity.

Last Agent to Sell the Property

Anthony Brunetti

Brunetti Realty LLC License #REB.0012696 Listed on: 06/16/2021

Co-Listed By

Greg Lafontane

Brunetti Realty LLC License #REB.0019234

Last Buyer's Agent

Stella Fitzsimmons

EXECUTIVE INVESTMENTS & REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1999

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R10

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Game Room
  • Utility Room
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Beach Access
  • Water Access
  • Mooring
  • Deck
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 48PALMBEACHAVNARR

Community Details

Overview

  • Briggs Farm Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

Built in 1999

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3811
  • Co List Office Mls Id: BRNA
  • Co List Office Phone: 401-792-9330
  • Subdivision Name: Briggs Farm
  • Above Grade Finished Sq Ft: 1312.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 672.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 1984.0
  • Dining Room Type: Game Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Dock Access, Mooring, Water Access
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation
  • Senior Community: No
  • Association Fee: 30.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16600.0
  • Parcel #: 48PALMBEACHAVNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3750.17
  • Tax Lot: 56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 11, 2021
Sold by
Clouart Moriarty-Clouart E and Clouart Kevin D
Bought by
Houston Shannon M and Bugna Brad A
Seller's Agent
Anthony Brunetti
Brunetti Realty LLC
Buyer's Agent
Stella Fitzsimmons
EXECUTIVE INVESTMENTS & REALTY
List Price
$729,900
Sold Price
$702,500
Premium/Discount to List
-$27,400
-3.75%
Current Estimated Value
$948,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,982
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Padula Builders Inc
Bought by
Clouart Kevin D and Moriarty Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.81%
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
Houston Shannon M $702,500 None Available
Clouart Kevin D $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clouart Kevin D $136,000
Previous Owner Clouart Kevin D $143,000
Previous Owner Clouart Kevin D $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $702,500 -3.8% $354 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $729,900 -- $368 / 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 $4,391 $670,400 $294,800 $375,600
2023 $4,337 $465,800 $210,500 $255,300
2022 $4,192 $465,800 $210,500 $255,300
2021 $4,127 $465,800 $210,500 $255,300
2020 $4,167 $397,600 $157,100 $240,500
2019 $4,067 $397,600 $157,100 $240,500
2018 $3,956 $397,600 $157,100 $240,500
2017 $3,509 $332,300 $165,700 $166,600
2016 $3,350 $332,300 $165,700 $166,600
2015 $3,303 $332,300 $165,700 $166,600
2014 $3,396 $338,200 $171,600 $166,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anthony Brunetti

    Brunetti Realty LLC

  • G

    Seller Co-Listing Agent in 2021

    Greg Lafontane

    Brunetti Realty LLC

    (401) 368-8654

    1 in this area

    8 Total Sales

    Greg Lafontane
    Section Image

  • S

    Buyer's Agent in 2021

    Stella Fitzsimmons

    EXECUTIVE INVESTMENTS & REALTY

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1285735

State-Wide MLS

APN: NARR-000056-000000-Y000003

Rhode Island Washington County Narragansett 02882

48 Palm Beach Ave, Narragansett, RI

This home is located at 48 Palm Beach Ave, Narragansett, RI 02882 since 16 June 2021 and is currently estimated at $948,482, approximately $478 per square foot. This property was built in 1999. 48 Palm Beach Ave is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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