NOT LISTED FOR SALE

57 Wheatfield Cove Rd Narragansett, RI 02882

Estimated Value: $1,407,000 - $2,297,000

3 Beds
3 Baths
1,476 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,300,000 $881 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,710/month

6 Days on Market

Highlights

  • Beach Front
  • Marina
  • Cottage
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Recreation Facilities

About This Home

As of June 2022

Attention boating enthusiasts! Looking for that quintessential RI shoreline home with a deep water dock? Look no further than this Harbour Island retreat. A sweet, 1,476 SF open plan cottage with 3 bedrooms and one full and two half baths, perched on the water's edge with its own 191 foot dock. Enjoy RI summers in this charming home just minutes to all South County has to offer. After a day on the water, sit back and relax on the expansive patio overlooking the cove. You will not want to miss this opportunity to own your very own private waterfront hideaway. Just minutes to ocean beaches, Narragansett Pier and Wakefield Village. An easy jaunt to Newport, the ferry to Block Island and Watch Hill. You will not want to miss this one!

Last Agent to Sell the Property

Jim DeRentis

Residential Properties Ltd. License #RES.0034320 Listed on: 05/26/2022

Residential Properties Ltd.

Last Buyer's Agent

Sam Butterfield

RE/MAX River's Edge License #RES.0019595

RE/MAX River's Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1955

Lot Details

  • 6,795 Sq Ft Lot
  • Beach Front
  • Cul-De-Sac
  • Fenced
  • Property is zoned R-20

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Cottage
  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Water Views
  • Walk-Out Basement

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cesspool

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 57WHEATFIELDCOVERDNARR

Community Details

Overview

  • Harbour Island Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,008

Year Built

Built in 1955

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.156
  • Inclusions: Estate Sale property being sold as is with no disclosure made.
  • Subdivision Name: Harbour Island
  • Above Grade Finished Sq Ft: 1476.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None, Walk-Out Access
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 1476.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6795.0
  • Parcel #: 57WHEATFIELDCOVERDNARR
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8007.67
  • Tax Lot: 225
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 1972
Bought by
Lt Stanley Simon
Current Estimated Value
$1,651,553
Source: Public Records

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
Lt Stanley Simon -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $1,300,000 +30.7% $881 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $995,000 -- $674 / 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 $8,487 $1,295,700 $1,041,600 $254,100
2023 $8,414 $903,800 $718,300 $185,500
2022 $8,134 $903,800 $718,300 $185,500
2021 $8,008 $903,800 $718,300 $185,500
2020 $8,391 $800,700 $619,900 $180,800
2019 $8,191 $800,700 $619,900 $180,800
2018 $7,967 $800,700 $619,900 $180,800
2017 $6,920 $655,300 $540,500 $114,800
2016 $6,605 $655,300 $540,500 $114,800
2015 $6,514 $655,300 $540,500 $114,800
2014 $6,579 $655,300 $540,500 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1311184

State-Wide MLS

APN: NARR-000225-000000-Y000001