NOT LISTED FOR SALE

56 Osceola Ave Narragansett, RI 02882

Estimated Value: $773,000 - $914,000

2 Beds
2.5 Baths
1,880 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $650,000 $346 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,620/month

48 Days on Market

Highlights

  • Golf Course Community
  • 0.5 Acre Lot
  • Deck
  • Narragansett Elementary School Rated A
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of June 2022

Mint, bright and airy 2 bedroom, 2 bath raised Cape in Narragansett close to Bonnet Shores and area beaches. Open, spacious floor plan with hardwood flooring and tiled baths. 0ver 1,800 SF of living area, as well as a 1-car garage and storage shed. The lower level enjoys a huge family room for gathering and entertaining or could easily be used as additional guest room or bunk room. The main floor includes a spacious kitchen with granite center island with SS appliances, as well as a dining area open to a large living room with a exterior deck for grilling and chilling overlooking a private wooded back yard. Also on the main level is a half bath and second family room/den. Upstairs is the primary bedroom suite with full bath along with another second bedroom and full bath. In addition the home enjoys gas forced hot air heat and central air conditioning. This home is in excellent condition and is move in ready whether you are looking for a summer house near the beach, investment, Airbnb or should you want to use as a primary residence. Short ride to Bonnet Shores, Narragansett Town Beach, public parks and recreational facilities and of course, just a couple of bridges to beautiful Newport, RI. 30 Min. to RI TF Green International Airport and 15 minutes to Wickford Junction Amtrak station servicing Providence, NY and Boston.

Last Agent to Sell the Property

John Krekorian

Flagship Real Estate Advisors License #RES.0024980 Listed on: 04/06/2022

Flagship Real Estate Advisors

Last Buyer's Agent

David Mancini

BHHS Commonwealth Real Estate License #RES.0041045

BHHS  Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 2015

Lot Details

  • 0.5 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Slab Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Marble Fireplace
  • Stone Fireplace
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Compressor
  • Heating System Uses Propane
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 643
  • Assessor Parcel Number 56OSCEOLAAVNARR

Community Details

Overview

  • Boston Neck /Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,833

Year Built

Built in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Boston Neck /Bonnet Shores
  • Above Grade Finished Sq Ft: 1880.0
  • Architectural Style: Cape Cod, Split-Level
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Other Equipment: Compressor
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Marble, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1880.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System, Wooded
  • Construction Type: Drywall, Clapboard, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 56OSCEOLAAVNARR
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3832.84
  • Tax Lot: 643
  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jun 22, 2022
Sold by
Sullivan Neil P and Sullivan Kelly L
Bought by
Mcdonald Christopher S and Northing-Mcdonald Aron
Seller's Agent
John Krekorian
Flagship Real Estate Advisors
Buyer's Agent
David Mancini
BHHS Commonwealth Real Estate
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$815,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,780
Avg. Annual Appreciation
6.89%
Original Mortgage
$487,500
Outstanding Balance
$463,321
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,459

Purchase Details

Listed on
Jun 25, 2018
Closed on
Feb 20, 2019
Sold by
Rotondo Joseph V and Andoscia-Rotondo Rachel
Bought by
Sullivan Neil P and Sullivan Kelly L
Seller's Agent
Robert Pressman
RI Real Estate Services
Buyer's Agent
John Krekorian
Flagship Real Estate Advisors
List Price
$469,000
Sold Price
$415,000
Premium/Discount to List
-$54,000
-11.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$423,922
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jan 25, 2016
Sold by
Dowlatshahi Gashy
Bought by
Rotondo Joseph V and Andoscia-Rotondo Rachel
Seller's Agent
Tracy Duff
Keystone Realty Inc.
Buyer's Agent
Judy Brady
Coldwell Banker Realty
List Price
$329,900
Sold Price
$329,000
Premium/Discount to List
-$900
-0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$263,200
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Catania-Freed Elizabeth A
Bought by
Dowlatshahi Gashy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcdonald Christopher S $650,000 None Available
Sullivan Neil P $415,000 --
Rotondo Joseph V $329,000 --
Dowlatshahi Gashy $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Christopher S $487,500
Previous Owner Sullivan Neil P $423,922
Previous Owner Rotondo Joseph V $263,200
Previous Owner Dowlatshahi Gashy $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold $650,000 +0.2% $346 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $649,000 -1.5% $345 / Sq Ft
04/22/2022 04/22/22 Price Changed $659,000 -2.4% $351 / Sq Ft
04/06/2022 04/06/22 For Sale $675,000 +62.7% $359 / Sq Ft
02/20/2019 02/20/19 Sold $415,000 -11.5% $227 / Sq Ft View Prior Sale
01/21/2019 01/21/19 Pending -- -- --
06/25/2018 06/25/18 For Sale $469,000 +42.6% $257 / Sq Ft
01/25/2016 01/25/16 Sold $329,000 -0.3% $206 / Sq Ft View Prior Sale
12/26/2015 12/26/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $329,900 -- $206 / 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
2025 $4,089 $602,200 $234,100 $368,100
2024 $3,944 $602,200 $234,100 $368,100
2023 $4,028 $432,600 $167,200 $265,400
2022 $3,893 $432,600 $167,200 $265,400
2021 $3,833 $432,600 $167,200 $265,400
2020 $3,659 $349,100 $113,900 $235,200
2019 $3,571 $349,100 $113,900 $235,200
2018 $3,420 $343,700 $113,900 $229,800
2017 $3,402 $322,200 $117,500 $204,700
2016 $3,248 $322,200 $117,500 $204,700
2015 $467 $47,000 $47,000 $0
2014 $392 $39,000 $39,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1306728

State-Wide MLS

APN: NARR-000643-000000-000000NE