NOT LISTED FOR SALE

51 Middle Rd Narragansett, RI 02882

Estimated Value: $985,000 - $1,054,408

6 Beds
3 Baths
2,026 Sq Ft
$498/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $740,000 $365 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,968/month

36 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Raised Ranch Architecture

About This Home

As of October 2021

Substantial Raised Ranch situated 500 feet from Scarborough State Beach. Years of solid rental history. Six bedrooms, three full bathrooms, central air, connected to sewer, water & natural gas. 51 Middle Road is the perfect opportunity for savvy entrepreneurs exploring solid investment opportunities, individuals searching for a vacation home or folks establishing a new primary residence.

Last Agent to Sell the Property

Matthew Robenhymer

Ann O'Brien Realty License #REB.0018781 Listed on: 08/15/2021

Co-Listed By

Nathan Robenhymer

Ann O'Brien Realty License #RES.0044532

Last Buyer's Agent

Krista Matthews

Lamacchia Realty, Inc License #RES.0045487

Lamacchia Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1984

Lot Details

  • 10,018 Sq Ft Lot
  • Property is zoned R-10

Parking

  • 1 Car Attached Garage
  • No Garage

Home Design

  • Raised Ranch Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Water Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 51MIDDLEROADRDNARR

Community Details

Overview

  • Eastward Look Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,232

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: OBRI
  • Co List Office Phone: 401-782-3900
  • Subdivision Name: Eastward Look
  • Above Grade Finished Sq Ft: 1181.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 845.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower
  • Living Area: 2026.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry, Living Room, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air, Partial
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

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: 10018.0
  • Parcel #: 51MIDDLEROADRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5231.83
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2021
Closed on
Oct 21, 2021
Sold by
Armstrong Kelli-Ann
Bought by
51 Middle Road Rt
Seller's Agent
Matthew Robenhymer
Ann O'Brien Realty
Buyer's Agent
Krista Matthews
Lamacchia Realty, Inc
List Price
$790,000
Sold Price
$740,000
Premium/Discount to List
-$50,000
-6.33%
Current Estimated Value
$1,009,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,102
Avg. Annual Appreciation
9.20%
Original Mortgage
$440,000
Outstanding Balance
$406,427
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$627,504

Purchase Details

Listed on
Oct 16, 2011
Closed on
Apr 27, 2012
Sold by
Btri Middle Rd Invest
Bought by
Armstrong Kelli-Ann
Seller's Agent
James LeClair
Ann O'Brien Realty
Buyer's Agent
James LeClair
Ann O'Brien Realty
List Price
$590,000
Sold Price
$525,000
Premium/Discount to List
-$65,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$361,500
Interest Rate
3.91%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Tomasello Brian P
Bought by
Btri Middle Road Inves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,440
Interest Rate
4.88%

Purchase Details

Closed on
Jun 27, 2006
Sold by
Tomasello Brian P
Bought by
Btri Investments Llc

Purchase Details

Closed on
Jan 9, 2006
Sold by
Bray James F and Bray Danette P
Bought by
Tomasello Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Paparian Raymond
Bought by
Bray James F and Bray Danette P
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
51 Middle Road Rt $740,000 None Available
Armstrong Kelli-Ann $525,000 --
Btri Middle Road Inves -- --
Btri Investments Llc -- --
Tomasello Brian P $597,000 --
Bray James F $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 51 Middle Road Rt $440,000
Previous Owner Paparian Raymond $361,500
Previous Owner Paparian Raymond $47,440
Previous Owner Paparian Raymond $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $740,000 -6.3% $365 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $790,000 +50.5% $390 / Sq Ft
04/26/2012 04/26/12 Sold $525,000 -11.0% $311 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
10/16/2011 10/16/11 For Sale $590,000 -- $350 / 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 $5,311 $810,800 $386,100 $424,700
2023 $5,498 $590,500 $297,000 $293,500
2022 $5,315 $590,500 $297,000 $293,500
2021 $5,232 $590,500 $297,000 $293,500
2020 $4,854 $463,200 $199,600 $263,600
2019 $4,739 $463,200 $199,600 $263,600
2018 $4,609 $463,200 $199,600 $263,600
2017 $4,205 $398,200 $200,200 $198,000
2016 $4,014 $398,200 $200,200 $198,000
2015 $3,958 $398,200 $200,200 $198,000
2014 $4,137 $412,100 $194,500 $217,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1291051

State-Wide MLS

APN: NARR-000005-000000-S000001