Seller's Agent in 2023
Michael Taylor
RI Real Estate Services
(401) 477-3411
2 in this area
4 Total Sales
56 King Philip Rd Narragansett, RI 02882
Estimated Value: $1,247,997 - $1,310,000
4
Beds
2
Baths
1,666
Sq Ft
$766/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Cape Cod Architecture
- Narragansett Elementary School Rated A
- Beach Access
- Corner Lot
About This Home
As of April 20234 bed 2 full bath cape in luxurious Bonnet Shores. This just under quarter acre corner lot with almost 1,700 square feet of living space is a two minute walk to Little Beach or take the bus in the spring and summer over to Big Beach and the Bonnet Shores Beach Club. The large master bedroom which spans the width of the home and features two large closets is a must see. Close to the highway and all that Narragansett has to offer. Needs some work and updating to make this truly your own home but the opportunities to own in Bonnet Shores are few and far between so don't miss out. Schedule you showing today. Sold as is.
Last Agent to Sell the Property
RI Real Estate Services License #REB.0019193 Listed on: 03/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,628
Year Built
- Built in 1971
Lot Details
- 9,017 Sq Ft Lot
- Corner Lot
Home Design
- Cape Cod Architecture
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 1,666 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Storage Room
- Utility Room
- Water Views
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Beach Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 391
- Assessor Parcel Number 56KINGPHILIPRDNARR
Community Details
Overview
- Bonnet Shores Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2024
Sold by
Wolfe Prop Llc
Bought by
Blackburn Kelly and Curran Brian
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$396,018
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$879,981
Purchase Details
Listed on
Mar 25, 2023
Closed on
Apr 21, 2023
Sold by
Taylor Michael R and Taylor Julie
Bought by
Wolfe Prop Llc
Seller's Agent
Michael Taylor
RI Real Estate Services
Buyer's Agent
Anita Langer
Residential Properties Ltd.
List Price
$749,000
Sold Price
$615,000
Premium/Discount to List
-$134,000
-17.89%
Views
247
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blackburn Kelly | -- | None Available | |
| Blackburn Kelly | -- | None Available | |
| Wolfe Prop Llc | $615,000 | None Available | |
| Wolfe Prop Llc | $615,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blackburn Kelly | $400,000 | |
| Closed | Blackburn Kelly | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $615,000 | -17.9% | $369 / Sq Ft |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- |
| 03/25/2023 03/25/23 | For Sale | $749,000 | -- | $450 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,890 | $746,600 | $525,100 | $221,500 |
| 2023 | $4,787 | $514,200 | $308,900 | $205,300 |
| 2022 | $4,628 | $514,200 | $308,900 | $205,300 |
| 2021 | $4,556 | $514,200 | $308,900 | $205,300 |
| 2020 | $4,644 | $443,100 | $232,500 | $210,600 |
| 2019 | $4,533 | $443,100 | $232,500 | $210,600 |
| 2018 | $4,409 | $443,100 | $232,500 | $210,600 |
| 2017 | $4,446 | $421,000 | $253,400 | $167,600 |
| 2016 | $4,244 | $421,000 | $253,400 | $167,600 |
| 2015 | $4,185 | $421,000 | $253,400 | $167,600 |
| 2014 | $4,295 | $427,800 | $253,400 | $174,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Taylor
-
Anita Langer
Buyer's Agent in 2023
Anita Langer
Residential Properties Ltd.
(401) 323-3224
17 in this area
23 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1332116
APN: NARR-000391-000000-000000NR
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