NOT LISTED FOR SALE

5 Sandy Beach Rd Narragansett, RI 02882

Estimated Value: $969,000 - $1,363,000

3 Beds
2 Baths
1,160 Sq Ft
$963/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $910,000 $784 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,492/month

31 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Wood Flooring

About This Home

As of May 2024

Spectacular unobstructed water views and sunsets from this classic summer cottage. 3 bdrms, 2 bath, with great income and rental history. Kitchen and living on upper floor to maximize the picturesque surrounding setting and views. Lower level walkout, large private deck, paver driveway, forced hot air heat and AC, minisplit AC and heat unit, washer/dryer, large elevated yard with room for expansion. Steps to Salt Pond, association dock, beach, and mooring field.

Last Agent to Sell the Property

Chuck Cummiskey

South Point Realty Group, LLC License #REB.0016231 Listed on: 03/07/2024

Last Buyer's Agent

David Splaine

RE/MAX Professionals License #RES.0028076

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,020

Year Built

  • Built in 1965

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R20

Home Design

  • Cottage
  • Combination Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 5SANDYBEACHRDNARR

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,020

Year Built

Built in 1965

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Above Grade Finished Sq Ft: 1160.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 1160.0
  • Dining Room Type: Bathroom, Bedroom
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Combination, Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 5SANDYBEACHRDNARR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7020.0
  • Tax Lot: 17
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2026
Sold by
Way To Wellness Llc
Bought by
Way Raymond and Way Caroline
Current Estimated Value
$1,117,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,000
Outstanding Balance
$672,353
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$444,829

Purchase Details

Closed on
Jul 31, 2024
Sold by
Way Raymond and Way Caroline
Bought by
Way To Wellness Llc

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 2, 2024
Sold by
Pacific Premier T Co
Bought by
Way Raymond and Way Caroline
Seller's Agent
Chuck Cummiskey
South Point Realty Group, LLC
Buyer's Agent
David Splaine
RE/MAX Professionals
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Views
278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
Original Mortgage
$682,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 20, 2012
Closed on
Jan 18, 2013
Sold by
Jezerski Cindy and Bielat Beatrice M
Bought by
Ira David and Pensco Trust Co
Seller's Agent
Neil Kimatian
RI Real Estate Services
Buyer's Agent
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
List Price
$499,900
Sold Price
$365,000
Premium/Discount to List
-$134,900
-26.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
May 10, 1991
Sold by
Fasulo John
Bought by
Bielat Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Way Raymond -- --
Way To Wellness Llc -- None Available
Way To Wellness Llc -- None Available
Way Raymond $910,000 None Available
Way Raymond $910,000 None Available
Ira David $365,000 --
Bielat Beatrice $165,000 --
David Lipinski Ira $365,000 --
Bielat Beatrice M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Way Raymond $673,000
Previous Owner Way Raymond $682,500
Previous Owner Bielat Beatrice M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $910,000 -6.7% $784 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $975,000 +167.1% $841 / Sq Ft
01/18/2013 01/18/13 Sold $365,000 -27.0% $393 / Sq Ft View Prior Sale
12/19/2012 12/19/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $499,900 -- $539 / Sq Ft
Source: State-Wide MLS

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 $7,385 $1,087,700 $865,500 $222,200
2024 $7,124 $1,087,700 $865,500 $222,200
2023 $7,040 $756,200 $596,800 $159,400
2022 $6,806 $756,200 $596,800 $159,400
2021 $6,700 $756,200 $596,800 $159,400
2020 $6,882 $656,700 $515,100 $141,600
2019 $6,718 $656,700 $515,100 $141,600
2018 $6,160 $619,100 $515,100 $104,000
2017 $6,056 $573,500 $469,500 $104,000
2016 $5,781 $573,500 $469,500 $104,000
2015 $5,701 $573,500 $469,500 $104,000
2014 $5,758 $573,500 $469,500 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Chuck Cummiskey

    Seller's Agent in 2024

    Chuck Cummiskey

    South Point Realty Group, LLC

    (401) 932-7777

    1 in this area

    6 Total Sales

    Chuck Cummiskey
    Section Image
  • David Splaine

    Buyer's Agent in 2024

    David Splaine

    RE/MAX Professionals

    (401) 465-6996

    2 in this area

    98 Total Sales

    David Splaine
    Section Image

  • N

    Seller's Agent in 2013

    Neil Kimatian

    RI Real Estate Services

  • E

    Buyer's Agent in 2013

    ERNEST ESPOSITO

    RE/MAX FLAGSHIP, INC.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1354312

State-Wide MLS

APN: NARR-000017-000000-Y000001

Rhode Island Washington County Narragansett 02882

5 Sandy Beach Rd, Narragansett, RI

Not Listed for Sale

Detached

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