NOT LISTED FOR SALE

5 Redwood Dr Narragansett, RI 02882

Estimated Value: $680,893 - $888,000

3 Beds
1 Bath
768 Sq Ft
$1,035/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $388,000 $505 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,633/month

61 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Workshop
  • Narragansett Elementary School Rated A
  • Recreation Facilities
  • Walking Distance to Water

About This Home

As of June 2017

"Walk to the Beach" Very well maintained beach house in Sand Hill Cove, 5 minute walk to Roger Wheeler State Beach, 3 bedrooms, updated kitchen, maple hardwood floors, out door shower, large deck, full unfinished basement, paved drive, gas heat, town water and sewer.

Last Agent to Sell the Property

Ray Kenyon

Real Broker, LLC License #RES.0024800 Listed on: 03/06/2017

Real Broker, LLC

Last Buyer's Agent

Judith Cramer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1977

Lot Details

  • 4,950 Sq Ft Lot
  • Property is zoned R-10

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Workshop
  • Utility Room
  • Wood Flooring
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number 5RedwoodDRNARR

Community Details

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Sand Hill Cove Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1136
  • Subdivision Name: SAND HILL COVE
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 768.0
  • Dining Room Type: Utility Room, Workshop
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4950.0
  • Parcel #: 5RedwoodDRNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2896.0
  • Tax Lot: 175
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jun 2, 2017
Sold by
Jennings John and Jennings Sandra
Bought by
Scott Colleen and Lamanna David
Seller's Agent
Ray Kenyon
Real Broker, LLC
Buyer's Agent
Judith Cramer
List Price
$395,900
Sold Price
$388,000
Premium/Discount to List
-$7,900
-2%
Current Estimated Value
$794,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,973
Avg. Annual Appreciation
8.38%
Original Mortgage
$310,400
Outstanding Balance
$171,257
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$580,730

Purchase Details

Closed on
Oct 3, 1977
Bought by
Jennings John
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
Scott Colleen $388,000 --
Jennings John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Colleen $310,400
Previous Owner Jennings John $225,000
Previous Owner Jennings John $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $388,000 -2.0% $505 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $395,900 -- $515 / 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 $3,618 $552,400 $338,600 $213,800
2023 $3,531 $379,300 $241,900 $137,400
2022 $3,414 $379,300 $241,900 $137,400
2021 $3,361 $379,300 $241,900 $137,400
2020 $3,726 $355,500 $218,100 $137,400
2019 $3,637 $355,500 $218,100 $137,400
2018 $3,537 $355,500 $218,100 $137,400
2017 $3,035 $287,400 $196,100 $91,300
2016 $2,897 $287,400 $196,100 $91,300
2015 $2,857 $287,400 $196,100 $91,300
2014 $2,984 $297,200 $205,900 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1153427

State-Wide MLS

APN: NARR-000175-000000-R000000