NOT LISTED FOR SALE

56 Central St Narragansett, RI 02882

Estimated Value: $1,762,000 - $2,301,000

8 Beds
3.5 Baths
5,527 Sq Ft
$351/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $825,000 $149 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $11,297/month

88 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • 4 Fireplaces
  • Narragansett Elementary School Rated A
  • Attic
  • Tennis Courts

About This Home

As of September 2015

This Queen Ann Victorian offers 8 beds, 3.5 baths, 4 fireplaces of stone and tile. Hardwood floors, 2 kitchens, 3 sitting rooms, formal dining room, 2 car garage, wrap @ porch. A legal 2 family, was former B&B. 2 blks from beach, sea wall & towers

Last Agent to Sell the Property

Kimber Kettlety

Coldwell Banker Coastal Homes License #RES.0022880 Listed on: 05/19/2015

Coldwell Banker Coastal Homes

Last Buyer's Agent

Kimber Kettlety

Coldwell Banker Coastal Homes License #RES.0022880 Listed on: 05/19/2015

Coldwell Banker Coastal Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,932

Year Built

  • Built in 1902

Lot Details

  • 0.44

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 5,527 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 0.44 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 56CENTRALSTNARR

Community Details

Overview

  • 2 Units
  • Narragansett Pier Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,932

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • Subdivision Name: NARRAGANSETT PIER
  • Above Grade Finished Sq Ft: 5527.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1902
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Cable TV
  • Living Area: 5527.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 19166.0
  • Parcel #: 56CENTRALSTNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7932.0
  • Tax Lot: 126
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Sep 15, 2015
Sold by
Flavin Dennis J and Flavin Pamela S
Bought by
Donaldson Robert M and Donaldson Susan F
Seller's Agent
Kimber Kettlety
Coldwell Banker Coastal Homes
Buyer's Agent
Kimber Kettlety
Coldwell Banker Coastal Homes
List Price
$929,000
Sold Price
$825,000
Premium/Discount to List
-$104,000
-11.19%
Current Estimated Value
$1,938,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,113,366
Avg. Annual Appreciation
8.84%
Original Mortgage
$577,500
Outstanding Balance
$232,050
Interest Rate
4.01%
Estimated Equity
$1,706,316

Purchase Details

Closed on
Jun 12, 2000
Sold by
Shneider Claudine C
Bought by
Flavin Dennis J and Flavin Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

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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
Donaldson Robert M $825,000 --
Flavin Dennis J $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donaldson Robert M $577,500
Previous Owner Flavin Dennis J $400,000
Previous Owner Flavin Dennis J $392,000
Previous Owner Flavin Dennis J $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $825,000 -11.2% $149 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $929,000 -- $168 / 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 $12,253 $1,870,700 $594,000 $1,276,700
2023 $12,060 $1,295,400 $404,100 $891,300
2022 $11,659 $1,295,400 $404,100 $891,300
2021 $11,477 $1,295,400 $404,100 $891,300
2020 $9,371 $894,200 $304,500 $589,700
2019 $9,148 $894,200 $304,500 $589,700
2018 $8,192 $823,300 $304,500 $518,800
2017 $8,352 $790,900 $265,900 $525,000
2016 $7,963 $790,000 $265,900 $524,100
2015 $7,853 $790,000 $265,900 $524,100
2014 $8,164 $813,100 $265,900 $547,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1096815

State-Wide MLS

APN: NARR-000126-000000-D000000