NOT LISTED FOR SALE

6 Martingale Ln Narragansett, RI 02882

Estimated Value: $628,000 - $704,000

2 Beds
2 Baths
1,274 Sq Ft
$336/mo HOA Fee

Last Sold April 12, 2018

Last sale price $330,000 $259 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,210/month

111 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Private Lot
  • Narragansett Elementary School Rated A
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of April 2018

6 Martingale Lane is a One-Level private Condominium in the well-established Polo Club Association in Narragansett. Nature abounds the mature landscaped grounds only minutes away from several of the most beautiful Rhode Island beaches. The salt air surrounds the private patio of this unit and the association pool is within walking distance. There is a private master bedroom with a full bathroom and walk-in closet. The 2nd bedroom adjoins another full bathroom and also features a walk-in closet. The Kitchen is partially open to the Living & Dining Room and features a cathedral ceiling and wood-burning fireplace. The Detached 1 car garage is oversized and the large attic provides additional storage space. Gas heat and Central Air add to the simple pleasures of the Polo Club, a private and peaceful setting to live year round or as a special vacation home only minutes from the Ocean. Truly one of Narragansett's finest locations.

Last Agent to Sell the Property

Marie Theriault

Ocean Roads Realty LLC License #REC.0018070 Listed on: 11/21/2017

Last Buyer's Agent

Kenneth Munroe

Keller Williams Coastal License #RES.0025470

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1988

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Unassigned Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Security System Owned
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Secluded Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 6MARTINGALELANENARR

Community Details

Overview

  • 137 Units
  • Polo Club Narragansett Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,232

Year Built

Built in 1988

Lot Details

0

HOA Fees

$336 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Polo Club Narragansett
  • Above Grade Finished Sq Ft: 1274.0
  • Building Name: Polo Club
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Tub Shower
  • Living Area: 1274.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Pool Features: In Ground
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 336.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 6MARTINGALELANENARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 137

Tax Info

  • Tax Annual Amount: 3232.0
  • Tax Lot: 89
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Apr 12, 2018
Sold by
Cesario A Harry
Bought by
Lackie Timothy S
Seller's Agent
Marie Theriault
Ocean Roads Realty LLC
Buyer's Agent
Kenneth Munroe
Keller Williams Coastal
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$659,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,319
Avg. Annual Appreciation
9.98%
Original Mortgage
$220,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2003
Sold by
James Jay Z
Bought by
Dolan Francis E and Dolan Frances M

Purchase Details

Closed on
Dec 21, 1989
Sold by
Polo Club Assoc
Bought by
Glass Dennis E
Source: Public Records

Range of Values:

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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
Lackie Timothy S -- --
Dolan Francis E $345,000 --
Glass Dennis E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lackie Timothy S $235,500
Closed Lackie Timothy S $45,100
Closed Lackie Timothy S $220,000
Closed Glass Dennis E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $330,000 -5.7% $259 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $350,000 -- $275 / 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 $3,167 $483,500 $0 $483,500
2023 $3,294 $353,800 $0 $353,800
2022 $3,184 $353,800 $0 $353,800
2021 $3,135 $353,800 $0 $353,800
2020 $3,555 $339,200 $0 $339,200
2019 $3,470 $339,200 $0 $339,200
2018 $3,375 $339,200 $0 $339,200
2017 $3,434 $325,200 $0 $325,200
2016 $3,278 $325,200 $0 $325,200
2015 $3,232 $325,200 $0 $325,200
2014 $2,600 $259,000 $0 $259,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1178267

State-Wide MLS

APN: NARR-000001-Z000000-000089