NOT LISTED FOR SALE

55 Palm Beach Ave Narragansett, RI 02882

Estimated Value: $804,000 - $995,000

2 Beds
2 Baths
2,262 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $615,000 $272 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,196/month

60 Days on Market

Highlights

  • Marina
  • Beach Access
  • Wood Burning Stove
  • Narragansett Elementary School Rated A
  • Spa
  • Contemporary Architecture

About This Home

As of April 2021

Tremendous opportunity to own this custom built 2/3 bedroom contemporary style home in sought after Briggs Farm, Narragansett. Open and bright describe the main level living space with lots of sunlight, a soaring stone fireplace in the family room with cathedral ceilings, beautiful new hardwoods throughout, large dining area and completely redone kitchen!! A full bath and large bedroom round out the main level. On the upper level there is a second family room with a balcony which could easily be converted to a 3rd bedroom, a large bath with custom tile shower, and a large bedroom space. The lower level welcomes you with a tile entryway, a cozy wood stove for supplemental heating and an office/sleeping area. Accessed on the lower level is the laundry room and over-sized one car garage. Stay cool on those warm summer days with newly installed central air!! Outside the corner lot with mature trees give you plenty of privacy on the large back deck and plenty of space for a garden. Briggs Farm Homeowner's Association provides deeded beach access, as well as docks on the pond and kayak storage (waiting list in place for docks and kayak storage). Several famous State and Local beaches are moments away as well as Narragansett's many restaurants and shops!!

Last Agent to Sell the Property

John Biafore

Lighthouse Real Estate Group License #REB.0018926 Listed on: 01/20/2021

Last Buyer's Agent

Audra Lizarralde

CALDWELL REALTY LLC License #RES.0045388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1984

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Stone Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Spa
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Mooring
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 55PALMBEACHAVNARR

Community Details

Overview

  • Briggs Farm Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,896

Year Built

Built in 1984

Lot Details

0

HOA Fees

$3 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: Briggs Farm
  • Above Grade Finished Sq Ft: 1646.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 616.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum, Cable TV, Wood Burning Stove
  • Living Area: 2262.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access, Dock Access, Mooring, Water Access, Walk to Water
  • Construction Type: Plaster, Clapboard
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air, Heat Pump, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 35.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 55PALMBEACHAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3896.0
  • Tax Lot: 52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 12, 2021
Sold by
Siravo Christine P
Bought by
Waldman James T and Faye-Waldman Sharon
Seller's Agent
John Biafore
Lighthouse Real Estate Group
Buyer's Agent
Audra Lizarralde
CALDWELL REALTY LLC
List Price
$629,900
Sold Price
$615,000
Premium/Discount to List
-$14,900
-2.37%
Current Estimated Value
$905,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,366
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Mistoski John S and Mistoski Patric Christine
Bought by
Patric Christine M
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
Waldman James T $615,000 None Available
Patric Christine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patric Christine M $167,000
Previous Owner Patric Christine M $153,500
Previous Owner Patric Christine M $32,000
Previous Owner Patric Christine M $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $615,000 -2.4% $272 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $629,900 -- $278 / 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 $4,491 $685,600 $271,700 $413,900
2023 $4,514 $484,900 $194,100 $290,800
2022 $4,351 $483,400 $194,100 $289,300
2021 $4,283 $483,400 $194,100 $289,300
2020 $3,896 $371,800 $144,900 $226,900
2019 $3,804 $371,800 $144,900 $226,900
2018 $3,631 $364,900 $144,900 $220,000
2017 $3,691 $349,500 $152,200 $197,300
2016 $3,523 $349,500 $152,200 $197,300
2015 $3,474 $349,500 $152,200 $197,300
2014 $3,459 $344,500 $157,700 $186,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1273547

State-Wide MLS

APN: NARR-000052-000000-Y000003