$1,050,000
SOLD MAR 31, 2026

54 Othmar St Narragansett, RI 02882

3 Beds
2 Baths
1,991 Sq Ft
10,000 Sq Ft Lot Lot

Sale Details

Date Sold: March 31, 2026

$527 Per Sq Ft

7% Above List Price

6 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Raised Ranch Architecture
  • Narragansett Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2026

Welcome to 54 Othmar Street in beautiful Narragansett with an incredible location or an opportunity to own a well loved raised ranch just steps from Narragansett Town Pier and an easy walk to Narragansett Town Beach. This 3 bedroom 2 bath offers a flexible layout with room to make it your own.
The main level features an open living and dining area, kitchen, 3 bedrooms, full bath, beautiful hardwoods and slider leading to a covered porch and deck, perfect for relaxing or entertaining. The lower level includes 1 full bath with laundry, office, comfortable rec room with walkout access to a private, good sized backyard creating easy indoor-outdoor living. A garage and two off street parking spaces add convenience. Whether you're looking for a coastal getaway, year round residence or an investment opportunity in one of Narragansett's most desirable walk to town locations, this property delivers on location, space and style .

Last Agent to Sell the Property

Roxanne Gordon

Mott & Chace Sotheby's Intl. License #RES.0034449 Listed on: 02/26/2026

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Greg Contardo

RI Real Estate Services License #REB.0016765

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,552

Year Built

  • Built in 1977

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned R-10

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Home Office
  • Storm Doors
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • 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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 54OTHMARSTNARR

Community Details

Overview

  • Pier Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,552

Year Built

Built in 1977

Lot Details

10,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2296
  • Subdivision Name: Pier
  • Above Grade Finished Sq Ft: 1138.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 853.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Interior Steps, Stall Shower, Tub Shower
  • Living Area: 1991.0
  • Dining Room Type: Bathroom, Laundry, Office
  • Stories: 2

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Wood Siding, Clapboard
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10000.0
  • Parcel #: 54OTHMARSTNARR
  • Zoning: R-10

Tax Info

  • Tax Annual Amount: 5552.12
  • Tax Lot: 126
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2026
Closed on
Mar 30, 2026
Sold by
Labush Leonard and Labush Glenda
Bought by
Boulerice Ft and Boulerice
Seller's Agent
Roxanne Gordon
Mott & Chace Sotheby's Intl.
Buyer's Agent
Greg Contardo
RI Real Estate Services
List Price
$979,000
Sold Price
$1,050,000
Premium/Discount to List
$71,000
7.25%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-66.47%

Purchase Details

Closed on
Nov 10, 1980
Bought by
Labush Leonard W
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,050,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 Sold $1,050,000 +7.3% $527 / Sq Ft
03/04/2026 03/04/26 Pending -- -- --
02/26/2026 02/26/26 For Sale $979,000 -- $492 / 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 $5,813 $856,100 $529,500 $326,600
2024 $5,607 $856,100 $529,500 $326,600
2023 $5,650 $606,900 $398,300 $208,600
2022 $5,462 $606,900 $398,300 $208,600
2021 $5,377 $606,900 $398,300 $208,600
2020 $4,941 $471,500 $275,500 $196,000
2019 $4,823 $471,500 $275,500 $196,000
2018 $4,691 $471,500 $275,500 $196,000
2017 $4,956 $469,300 $303,200 $166,100
2016 $4,731 $469,300 $303,200 $166,100
2015 $4,665 $469,300 $303,200 $166,100
2014 $3,819 $380,400 $228,800 $151,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1405063

State-Wide MLS

APN: NARR-000126-000000-C000000

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