NOT LISTED FOR SALE

6 Laneway Ct Narragansett, RI 02882

Estimated Value: $558,000 - $770,000

4 Beds
2 Baths
2,526 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $500,000 $198 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,818/month

1 Day on Market

Highlights

  • Water Access
  • Deck
  • Recreation Facilities
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Thermal Windows

About This Home

As of May 2023

Located in the convenient north end of town this up & down duplex is walking distance to the water on a quiet Cul de Sac.

Last Agent to Sell the Property

Dana Phillips

RI Real Estate Services License #REB.0009229 Listed on: 04/25/2023

RI Real Estate Services

Last Buyer's Agent

Kenneth Gauvin

RI Real Estate Services License #RES.0033231

RI Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1970

Lot Details

  • 10,062 Sq Ft Lot

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6LANEWAYCTNARR

Community Details

Overview

  • 2 Units
  • Narrow River Subdivision

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,820

Year Built

Built in 1970

Lot Details

10,062 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.231
  • Subdivision Name: Narrow River
  • Above Grade Finished Sq Ft: 2526.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10062.0
  • Parcel #: 6LANEWAYCTNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2820.0
  • Tax Lot: 3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Sylvestre Lt and Sylvestre
Bought by
Ocenway Prop Llc
Current Estimated Value
$661,878

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 17, 2023
Sold by
John D Coughlin Ret and Coughlin
Bought by
Sylvestre Lt and Sylvestre
Seller's Agent
Dana Phillips
RI Real Estate Services
Buyer's Agent
Kenneth Gauvin
RI Real Estate Services
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Aug 3, 2016
Sold by
Coughlin John D
Bought by
Coughlin John D

Purchase Details

Closed on
Oct 30, 2008
Sold by
Costello John
Bought by
Wascavage Paula M and Wascavage Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Ocenway Prop Llc -- None Available
Sylvestre Lt $495,000 None Available
Coughlin John D -- --
Wascavage Paula M $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wascavage Paula M $89,000
Previous Owner Wascavage Paula M $301,500
Previous Owner Wascavage Paula M $102,000
Previous Owner Wascavage Paula M $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $500,000 -4.8% $198 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $525,000 -- $208 / Sq Ft
Source: State-Wide MLS

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 $3,371 $496,400 $208,700 $287,700
2024 $3,251 $496,400 $208,700 $287,700
2023 $2,917 $313,300 $149,100 $164,200
2022 $2,820 $313,300 $149,100 $164,200
2021 $2,776 $313,300 $149,100 $164,200
2020 $2,495 $238,100 $101,600 $136,500
2019 $2,436 $238,100 $101,600 $136,500
2018 $2,369 $238,100 $101,600 $136,500
2017 $2,324 $220,100 $108,700 $111,400
2016 $2,219 $220,100 $108,700 $111,400
2015 $2,188 $220,100 $108,700 $111,400
2014 $2,153 $214,400 $103,000 $111,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1334225

State-Wide MLS

APN: NARR-000025-N000000A-000003

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