NOT LISTED FOR SALE

57 Edgewater Rd Narragansett, RI 02882

Estimated Value: $693,000 - $838,000

4 Beds
3 Baths
1,555 Sq Ft
$478/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $375,000 $241 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,479/month

48 Days on Market

Highlights

  • Beach Access
  • Cape Cod Architecture
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Deck
  • Attic

About This Home

As of June 2016

Charming Cape in Edgewater. Private setting on a large lot with landscaped grounds, mature trees & stone walls. Enjoy association beach & access to all of Narragansett Beaches. Easy access to major highways, 4 Bedrooms with 3 full baths, must see!

Last Agent to Sell the Property

David Carty

CARTY REALTY License #REB.0016121 Listed on: 03/16/2016

Last Buyer's Agent

Matt Kachanis

Williams & Stuart Real Estate License #RES.0035542

Williams & Stuart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R10

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,555 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • River Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 588
  • Assessor Parcel Number 57EDGEWATERRDNARR

Community Details

Overview

  • Edgewater Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3087
  • Subdivision Name: EDGEWATER
  • Above Grade Finished Sq Ft: 1555.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cable TV
  • Living Area: 1555.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, River Access, Water Access, Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13447.0
  • Parcel #: 57EDGEWATERRDNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2764.0
  • Tax Lot: 588
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jun 3, 2016
Sold by
Pickell Kirk E
Bought by
Cotoia Michael T
Seller's Agent
David Carty
CARTY REALTY
Buyer's Agent
Matt Kachanis
Williams & Stuart Real Estate
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%
Total Days on Market
48
Current Estimated Value
$742,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,735
Avg. Annual Appreciation
7.74%
Original Mortgage
$356,250
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1988
Sold by
Nash Philip
Bought by
Ryan Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
10.36%
Source: Public Records

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Range of Values:

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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
Cotoia Michael T $375,000 --
Ryan Timothy $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotoia Michael T $334,000
Closed Cotoia Michael T $356,250
Previous Owner Ryan Timothy $75,000
Previous Owner Ryan Timothy $115,000
Previous Owner Ryan Timothy $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $375,000 -1.1% $241 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $379,000 -- $244 / 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 $3,906 $596,300 $215,800 $380,500
2023 $3,955 $424,800 $154,100 $270,700
2022 $3,823 $424,800 $154,100 $270,700
2021 $3,764 $424,800 $154,100 $270,700
2020 $3,860 $368,300 $105,000 $263,300
2019 $3,768 $368,300 $105,000 $263,300
2018 $3,665 $368,300 $105,000 $263,300
2017 $2,937 $278,100 $110,300 $167,800
2016 $2,803 $278,100 $110,300 $167,800
2015 $2,764 $278,100 $110,300 $167,800
2014 $2,794 $278,300 $104,500 $173,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1120334

State-Wide MLS

APN: NARR-000588-000000-000000NF