NOT LISTED FOR SALE

5 Brook Rd Narragansett, RI 02882

Estimated Value: $696,000 - $829,000

2 Beds
1 Bath
638 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $428,000 $671 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,389/month

4 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Cottage
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of July 2020

A once in a lifetime opportunity to be one block to Scarborough Beach on a dead end street! Wake up to the sunrise over the ocean from your lovely two bedroom cottage. Enjoy morning coffee or sunset dinner on your sparkling glass enclosed porch. Updated granite kitchen and appliances, new roof. Fenced yard and shed. Wonderful opportunity for year round use or seasonal rental. Second floor expansion could provide extensive water views. OFFERS DUE BY 6PM SUNDAY, JUNE 7TH

Last Agent to Sell the Property

Michael Ruben

Coldwell Banker Realty License #RES.0042046 Listed on: 06/03/2020

Coldwell Banker Realty

Last Buyer's Agent

Roberto Mejia

Redfin Corporation License #RES.0040272

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 1966

Lot Details

  • 5,009 Sq Ft Lot
  • Fenced
  • Property is zoned R-10

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 638 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 410
  • Assessor Parcel Number 5BROOKRDNARR

Community Details

Overview

  • Scarborough Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,445

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.115
  • Subdivision Name: Scarborough Beach
  • Above Grade Finished Sq Ft: 638.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 638.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5009.0
  • Parcel #: 5BROOKRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3445.0
  • Tax Lot: 410
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 2, 2020
Sold by
Littlestone Rand A and Littlestone Antonia Z
Bought by
Silva Matthew D and Silva Alicia M
Seller's Agent
Michael Ruben
Coldwell Banker Realty
Buyer's Agent
Roberto Mejia
Redfin Corporation
List Price
$425,000
Sold Price
$428,000
Premium/Discount to List
$3,000
0.71%
Current Estimated Value
$763,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,088
Avg. Annual Appreciation
11.16%
Original Mortgage
$328,000
Outstanding Balance
$292,786
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,474

Purchase Details

Closed on
Oct 13, 1998
Sold by
Centazzo R Alexander A R and Centazzo Lois M
Bought by
Littlestone Rand A and Littlestone Antonia Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.92%

Purchase Details

Closed on
Aug 29, 1994
Sold by
Notariani Gina Marie
Bought by
Centazzo Alexander and Centazzo Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.65%
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
Silva Matthew D $428,000 None Available
Littlestone Rand A $127,500 --
Centazzo Alexander $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Matthew D $328,000
Previous Owner Centazzo Alexander $102,000
Previous Owner Centazzo Alexander $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $428,000 +0.7% $671 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $425,000 -- $666 / 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 $4,117 $628,500 $478,000 $150,500
2023 $3,824 $410,700 $310,400 $100,300
2022 $3,696 $410,700 $310,400 $100,300
2021 $3,639 $410,700 $310,400 $100,300
2020 $3,529 $336,700 $239,500 $97,200
2019 $3,444 $336,700 $239,500 $97,200
2018 $3,350 $336,700 $239,500 $97,200
2017 $3,384 $320,500 $237,300 $83,200
2016 $3,231 $320,500 $237,300 $83,200
2015 $3,186 $320,500 $237,300 $83,200
2014 $3,542 $352,800 $269,600 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1255351

State-Wide MLS

APN: NARR-000410-000000-K000000