Seller's Agent in 2024
Dean Benjamin
RE/MAX Professionals
(401) 965-0225
4 in this area
119 Total Sales
5 Martin Ct Narragansett, RI 02882
Estimated Value: $858,000 - $988,000
5
Beds
3
Baths
1,830
Sq Ft
$495/Sq Ft
Est. Value
Highlights
- Marina
- Recreation Facilities
- Cul-De-Sac
- Narragansett Elementary School Rated A
- Walking Distance to Water
- Public Transportation
About This Home
As of October 2024Investors and Seasonal Owners take Note-With recent 5 person allotment regulation passing in the State House allowing for additional Income! Leases in place for Academic Year with strong Summer rental history! Tucked away in the desirable Point Judith area of Narragansett, this expansive 5-bedroom, 3-bathroom town sewer ranch offers abundant living space and a prime location. Positioned at the end of a quiet cul-de-sac on a secluded lot, the home is just minutes from Point Judith Pond, Scarborough Beach, the B.I. Ferry, Iggy's clam shack, and so much more! Upon entering, you're greeted by an open-concept living area that effortlessly flows into a welcoming kitchen with sun room overlooking trex deck. The original house offers three bedrooms and two full bathrooms, along with a utility room equipped with a washer/dryer and ample storage for linens and beach gear. Adjacent to the kitchen, a private bedroom serves as the gateway to a separate guest (or owner's) suite. This flex space includes a fifth bedroom with its own full bathroom, as well as a separate living and dining area. For added privacy, the space can be locked off, allowing guests to enjoy their own secluded retreat with a private entrance on separate deck for relaxation. A fenced area off the deck ensures your pets can enjoy the outdoors safely. The property also includes a shed for storing beach equipment. With natural gas, ample parking and central A/C, this home is as practical as it is inviting.
Last Agent to Sell the Property
RE/MAX Professionals License #REB.0016536 Listed on: 08/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,910
Year Built
- Built in 1965
Lot Details
- 0.26 Acre Lot
- Cul-De-Sac
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,830 Sq Ft Home
- 1-Story Property
- Unfinished Basement
- Crawl Space
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 199
- Assessor Parcel Number 5MARTINCTNARR
Community Details
Overview
- Scarborough/Pt. Judith Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2024
Closed on
Oct 28, 2024
Sold by
Pollard James H and Pollard Marisa F
Bought by
Faria Carmen C and Faria Francisco S
Seller's Agent
Dean Benjamin
RE/MAX Professionals
Buyer's Agent
Fred Bernat
Abbott Properties, LLC
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
60
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
$106,280
Avg. Annual Appreciation
13.28%
Original Mortgage
$589,000
Outstanding Balance
$583,404
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,876
Purchase Details
Listed on
May 3, 2017
Closed on
Jun 27, 2017
Sold by
Weissman Debra C
Bought by
Pollard 3Rd James H and Pollard Marisa F
Seller's Agent
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
Buyer's Agent
JILL LAWLER
Flagship Real Estate Advisors
List Price
$419,900
Sold Price
$419,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$335,920
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 2000
Sold by
Allaire Marianne
Bought by
Weissman Paul H and Weissman Debra C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,600
Interest Rate
8.14%
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 |
|---|---|---|---|
| Faria Carmen C | $800,000 | None Available | |
| Faria Carmen C | $800,000 | None Available | |
| Pollard 3Rd James H | $419,900 | -- | |
| Weissman Paul H | $136,000 | -- | |
| Pollard 3Rd James H | $419,900 | -- | |
| Weissman Paul H | $136,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faria Carmen C | $589,000 | |
| Closed | Faria Carmen C | $589,000 | |
| Previous Owner | Pollard 3Rd James H | $335,920 | |
| Previous Owner | Weissman Paul H | $103,000 | |
| Previous Owner | Weissman Paul H | $108,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $800,000 | +0.1% | $437 / Sq Ft | |
| 08/23/2024 08/23/24 | For Sale | $799,000 | +90.3% | $437 / Sq Ft | |
| 06/27/2017 06/27/17 | Sold | $419,900 | 0.0% | $229 / Sq Ft | View Prior Sale |
| 05/28/2017 05/28/17 | Pending | -- | -- | -- | |
| 05/03/2017 05/03/17 | For Sale | $419,900 | -- | $229 / 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 | $4,054 | $597,000 | $286,000 | $311,000 |
| 2024 | $3,910 | $597,000 | $286,000 | $311,000 |
| 2023 | $3,604 | $387,100 | $178,700 | $208,400 |
| 2022 | $3,484 | $387,100 | $178,700 | $208,400 |
| 2021 | $3,430 | $387,100 | $178,700 | $208,400 |
| 2020 | $3,651 | $348,400 | $142,100 | $206,300 |
| 2019 | $3,564 | $348,400 | $142,100 | $206,300 |
| 2018 | $3,467 | $348,400 | $142,100 | $206,300 |
| 2017 | $3,323 | $314,700 | $138,100 | $176,600 |
| 2016 | $3,172 | $314,700 | $138,100 | $176,600 |
| 2015 | $3,128 | $314,700 | $138,100 | $176,600 |
| 2014 | $3,275 | $326,200 | $149,600 | $176,600 |
Source: Public Records
Agents Affiliated with this Home
-
Dean Benjamin
-
Fred Bernat
F
Buyer's Agent in 2024
Fred Bernat
Abbott Properties, LLC
(401) 258-3847
1 in this area
8 Total Sales
-
E
Seller's Agent in 2017
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
-
JILL LAWLER
Buyer's Agent in 2017
JILL LAWLER
Flagship Real Estate Advisors
(401) 556-1874
2 in this area
9 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1366989
APN: NARR-000199-000000-U000000
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