NOT LISTED FOR SALE

55 Ocean Spray Ave Narragansett, RI 02882

Estimated Value: $3,749,736 - $4,212,000

3 Beds
3.5 Baths
3,400 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $3,600,000 $1,059 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $24,125/month

15 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Colonial Architecture

About This Home

As of November 2023

Welcome to Point of View .. An absolutely breathtaking builders home set overlooking Point Judith Light House, the entrance to Narragansett Bay, and Block Island Sound. Views include Block Island to the Newport Bridge! Built with only the finest building products and crafted to last for generations. Easy Living on the first floor with everything there including a dramatic primary suite with a private IPE deck,. The second floor has two more beds and 2 more baths, a gathering room with full wet bar and more decks. The rooftop entertaining area boasts a 10 person spa, wet bar, and quite possibly the best views in Rhode Island. The walkout lower level has rough plumbing for another full bath and a private entry and 2nd driveway for future in-law set up or guest suite. NO FLOOD INSURANCE NEEDED! Features include, 2 fireplaces, two wet bars, generac generator, chefs kitchen with 2 dishwashers, 2 car garage, alarm, central vac, beach access, and a lifestyle that you have dreamed about!

Last Listed By

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 08/29/2023

BHHS  Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,162

Year Built

  • Built in 2014

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • Stone Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 200+ Amp Service

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 55OCEANSPRAYAVNARR

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,162

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Above Grade Finished Sq Ft: 3400.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2014
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar, Tub Shower, Central Vacuum
  • Living Area: 3400.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Masonry, Shingle Siding
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 55OCEANSPRAYAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14162.0
  • Tax Lot: 101
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Nov 13, 2023
Sold by
Stephen M Miller Ret and Miller
Bought by
55 Ocean Spray Llc
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$3,600,000
Sold Price
$3,600,000
Total Days on Market
15
Views
156
Current Estimated Value
$4,026,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,579
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Sep 17, 2020
Sold by
Miller Stephen M and Miller Elizabeth M
Bought by
Stephen M Miller Ret

Purchase Details

Listed on
Aug 25, 2013
Closed on
Nov 8, 2013
Sold by
Curtin David
Bought by
Miller Stephen and Miller Elizabeth
Seller's Agent
Bonnie Begos
RE/MAX FLAGSHIP, INC.
Buyer's Agent
John Mulhearn
Rhode Island Realty Group, LLC
List Price
$420,000
Sold Price
$372,500
Premium/Discount to List
-$47,500
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.87%
Original Mortgage
$298,000
Interest Rate
4.36%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Jamieson Estelle L
Bought by
Curtin David J

Range of Values:

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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
55 Ocean Spray Llc $3,600,000 None Available
Stephen M Miller Ret -- None Available
Miller Stephen $372,500 --
Curtin David J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephen M Miller Ret $1,800,000
Previous Owner Stephen M Miller Ret $1,256,000
Previous Owner Curtin David J $880,000
Previous Owner Curtin David J $298,000
Previous Owner Curtin David J $100,000
Previous Owner Curtin David J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $3,600,000 0.0% $1,059 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $3,600,000 +866.4% $1,059 / Sq Ft
11/08/2013 11/08/13 Sold $372,500 -11.3% $412 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
08/25/2013 08/25/13 For Sale $420,000 -- $465 / 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 $19,045 $2,907,700 $981,500 $1,926,200
2023 $14,649 $1,573,500 $599,600 $973,900
2022 $14,162 $1,573,500 $599,600 $973,900
2021 $13,918 $1,570,900 $599,600 $971,300
2020 $10,608 $1,012,200 $373,100 $639,100
2019 $10,355 $1,012,200 $373,100 $639,100
2018 $10,075 $1,012,600 $373,100 $639,500
2017 $9,487 $898,400 $375,600 $522,800
2016 $9,056 $898,400 $375,600 $522,800
2015 $3,735 $375,800 $375,600 $200
2014 $4,376 $435,900 $375,600 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1342812

State-Wide MLS

APN: NARR-000101-000000-L000000