NOT LISTED FOR SALE

48 Westmoreland St Narragansett, RI 02882

Estimated Value: $1,447,000 - $2,012,000

4 Beds
5.5 Baths
3,020 Sq Ft
$563/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $940,000 $311 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,816/month

168 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Burning Stove
  • Narragansett Elementary School Rated A
  • Spa
  • Wood Flooring

About This Home

As of July 2019

Superb Craftsman style home in the heart of the Pier on a quiet dead-end street. Four Bedrooms, 5 1/2 baths, gracious entry foyer, gorgeous island kitchen with granite counters & stainless Bosch appliances. Family room with stone fireplace, formal dining room, 1st floor laundry. Choose from 2 master suites, including one on the first floor. Quality finishes throughout, hardwoods, built-ins, cove moldings, etc. Walk-out lower level with rec room and wet bar. Detached garage with heated and air-conditioned 400 +/- sq. ft. office and full bath (included in total baths for listing). Beautiful stone work, plantings, patio, and hot tub. Town water and sewer. Minutes to beach, marinas, shopping, area restaurants and all conveniences.

Last Agent to Sell the Property

Jay Readyhough

Serhant Rhode Island License #REB.0010150 Listed on: 01/08/2019

Last Buyer's Agent

Karen Follett

Mott & Chace Sotheby's Intl. License #RES.0031889

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,488

Year Built

  • Built in 1997

Lot Details

  • 0.3

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Victorian Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Stone Fireplace
  • Thermal Windows
  • Game Room
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Patio
  • Outbuilding
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 0.3 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 118-2
  • Assessor Parcel Number 48WESTMORELANDSTNARR

Community Details

Overview

  • Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,488

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.295
  • Subdivision Name: Pier
  • Above Grade Finished Sq Ft: 2252.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Cable TV, Wood Burning Stove
  • Living Area: 3020.0
  • Dining Room Type: Bathroom, Game Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • 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: 12850.0
  • Parcel #: 48WESTMORELANDSTNARR
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6488.0
  • Tax Lot: 118-2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jul 26, 2019
Sold by
Grossman Michael and Mandel Susan
Bought by
Pantano David A and Pantano Beth A
Seller's Agent
Jay Readyhough
Serhant Rhode Island
Buyer's Agent
Karen Follett
Mott & Chace Sotheby's Intl.
List Price
$999,000
Sold Price
$940,000
Premium/Discount to List
-$59,000
-5.91%
Current Estimated Value
$1,701,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,190
Avg. Annual Appreciation
10.06%
Original Mortgage
$752,000
Outstanding Balance
$660,230
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,040,960

Purchase Details

Closed on
Dec 8, 2003
Sold by
Kroll Vadge E and Kroll Janine C
Bought by
Grossman I Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pantano David A $940,000 --
Grossman I Michael $702,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pantano David A $752,000
Previous Owner Grossman I Michael $186,300
Previous Owner Grossman I Michael $562,000
Previous Owner Grossman I Michael $162,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $940,000 -5.9% $311 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $999,000 -- $331 / 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 $9,565 $1,460,300 $547,400 $912,900
2023 $8,429 $905,400 $295,700 $609,700
2022 $8,149 $905,400 $295,700 $609,700
2021 $8,022 $905,400 $295,700 $609,700
2020 $6,834 $652,100 $220,600 $431,500
2019 $6,671 $652,100 $220,600 $431,500
2018 $6,488 $652,100 $220,600 $431,500
2017 $6,315 $598,000 $202,600 $395,400
2016 $6,028 $598,000 $202,600 $395,400
2015 $5,944 $598,000 $202,600 $395,400
2014 $5,558 $553,600 $173,700 $379,900
Source: Public Records

Agents Affiliated with this Home

  • Jay Readyhough

    Seller's Agent in 2019

    Jay Readyhough

    Serhant Rhode Island

    (401) 527-8952

    2 in this area

    22 Total Sales

    Jay Readyhough
    Section Image
  • Karen Follett

    Buyer's Agent in 2019

    Karen Follett

    Mott & Chace Sotheby's Intl.

    (401) 789-8899

    9 in this area

    31 Total Sales

    Karen Follett
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1212455

State-Wide MLS

APN: NARR-000118-E000000-000002

Rhode Island Washington County Narragansett 02882

48 Westmoreland St, Narragansett, RI

This home is located at 48 Westmoreland St, Narragansett, RI 02882 since 08 January 2019 and is currently estimated at $1,701,190, approximately $563 per square foot. This property was built in 1997. 48 Westmoreland St 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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