Seller's Agent in 2020
Greg Arakelian
Mott & Chace Sotheby's Intl.
(401) 954-5703
13 in this area
43 Total Sales
48 Pocono Rd Narragansett, RI 02882
Estimated Value: $845,000 - $1,117,000
3
Beds
1
Bath
984
Sq Ft
$962/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Narragansett Elementary School Rated A
- Beach Access
- Contemporary Architecture
About This Home
As of April 2020Turnkey beach cottage in the heart of Narragansett's southern seaside community with surprising ocean views. Within a mile of 4 beaches, 2 blocks from Spain Restaurant, and 2 miles from Port of Galilee. One level, 3 bedroom ranch, custom kitchen with premium finishes and stainless appliances, rooftop deck, custom outdoor shower and laundry room, weekly vacation renters ready to rent. Perfect summer getaway/investment.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0034788 Listed on: 02/06/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,870
Year Built
- Built in 1950
Lot Details
- 4,500 Sq Ft Lot
- Property is zoned R10
Home Design
- Contemporary Architecture
- Shingle Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 984 Sq Ft Home
- 1-Story Property
- Water Views
- Crawl Space
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Beach Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- No Cooling
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 278
- Assessor Parcel Number 48POCONORDNARR
Community Details
Overview
- Ocean Road/Pt 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
Feb 6, 2020
Closed on
Mar 19, 2020
Sold by
Vermette David N and Vermette Jacqueline A
Bought by
Tempone William and Tempone Elizabeth F
Seller's Agent
Greg Arakelian
Mott & Chace Sotheby's Intl.
Buyer's Agent
Jill Brutti
Keller Williams Coastal
List Price
$645,000
Sold Price
$645,000
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
$301,659
Avg. Annual Appreciation
7.12%
Original Mortgage
$483,750
Outstanding Balance
$427,613
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$519,046
Purchase Details
Listed on
May 19, 2017
Closed on
Aug 17, 2017
Sold by
34 Green Meadow Llc
Bought by
Vermette David N and Vermette Jacqueline A
Seller's Agent
Greg Arakelian
Mott & Chace Sotheby's Intl.
Buyer's Agent
Gregory Arakelian
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$418,500
Interest Rate
4%
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 |
|---|---|---|---|
| Tempone William | $645,000 | None Available | |
| Vermette David N | $465,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tempone William | $483,750 | |
| Previous Owner | Vermette David N | $418,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2020 04/01/20 | Sold | $645,000 | 0.0% | $655 / Sq Ft | |
| 03/02/2020 03/02/20 | Pending | -- | -- | -- | |
| 02/06/2020 02/06/20 | For Sale | $645,000 | +38.7% | $655 / Sq Ft | |
| 08/17/2017 08/17/17 | Sold | $465,000 | -6.1% | $473 / Sq Ft | View Prior Sale |
| 07/18/2017 07/18/17 | Pending | -- | -- | -- | |
| 05/19/2017 05/19/17 | For Sale | $495,000 | +83.3% | $503 / Sq Ft | |
| 08/04/2015 08/04/15 | Sold | $270,000 | -24.6% | $307 / Sq Ft | View Prior Sale |
| 07/05/2015 07/05/15 | Pending | -- | -- | -- | |
| 05/01/2015 05/01/15 | For Sale | $358,000 | -- | $407 / 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 |
|---|---|---|---|---|
| 2025 | $5,359 | $789,300 | $473,400 | $315,900 |
| 2024 | $5,170 | $789,300 | $473,400 | $315,900 |
| 2023 | $4,965 | $533,300 | $315,500 | $217,800 |
| 2022 | $4,800 | $533,300 | $315,500 | $217,800 |
| 2021 | $4,725 | $533,300 | $315,500 | $217,800 |
| 2020 | $4,055 | $386,900 | $240,000 | $146,900 |
| 2019 | $3,958 | $386,900 | $240,000 | $146,900 |
| 2018 | $3,850 | $386,900 | $240,000 | $146,900 |
| 2017 | $3,346 | $316,900 | $223,100 | $93,800 |
| 2016 | $3,194 | $316,900 | $223,100 | $93,800 |
| 2015 | $3,150 | $316,900 | $223,100 | $93,800 |
| 2014 | $3,182 | $316,900 | $223,100 | $93,800 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Arakelian
-
Jill Brutti
J
Buyer's Agent in 2020
Jill Brutti
Keller Williams Coastal
(401) 783-0320
5 Total Sales
-
G
Buyer's Agent in 2017
Gregory Arakelian
-
Len Iannuccilli
Seller's Agent in 2015
Len Iannuccilli
RE/MAX Professionals
(401) 884-3999
21 Total Sales
-
The Rhode Island Real Estate Group
T
Buyer's Agent in 2015
The Rhode Island Real Estate Group
RE/MAX Professionals
Map
Source: State-Wide MLS
MLS Number: 1246420
APN: NARR-000278-000000-L000000
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