NOT LISTED FOR SALE

63 Cedar Island Rd Narragansett, RI 02882

Estimated Value: $1,240,000 - $2,707,000

2 Beds
2 Baths
1,120 Sq Ft
$1,810/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $499,900 $446 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $11,957/month

10 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Deck

About This Home

As of September 2018

Exceptional two family home on double lot. Breathtaking views of Pt. Judith Pond. Great opportunity to own this fully renovated two unit home. Features include new kitchen on each floor with butcher block counters and pull out cabinets. Bathrooms are updated. Flooring includes ash on upper and Epoxy on lower. Newly installed 200 Amp electric and plumbing. Outdoor living space includes Azek deck, stone patio and shading with a power awning. Professionally installed stone walls and outdoor shower complete this outdoor oasis. Cedar pre-stained siding, Anderson hurricane windows. Additional structure includes a large 8'X12' shed. Four bedroom Septic System installed in 2011. Collect two rents! Live on one floor and rent the other or use both levels for single use. WOW! What are you waiting for? Membership to the association is optional but full of benefits.

Last Agent to Sell the Property

Robert Countie

RI Real Estate Services License #REB.0016872 Listed on: 07/25/2018

Last Buyer's Agent

Janet Kermes

Mott & Chace Sotheby's Intl. License #RES.0031052

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Corner Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 63CEDARISLANDRDNARR

Community Details

Overview

  • 4 Units
  • Harbour Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,142

Year Built

Built in 1965

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Subdivision Name: Harbour Island
  • Above Grade Finished Sq Ft: 1120.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1965
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Cable TV
  • Dining Room Type: Bathroom, Bedroom, Kitchen
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Multiple lots
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 45.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12153.0
  • Parcel #: 63CEDARISLANDRDNARR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4142.0
  • Tax Lot: 22
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 4, 2018
Sold by
Cyr Donald and Cyr Delphine
Bought by
Oneil Theresa A and Oneil Timothy K
Seller's Agent
Robert Countie
RI Real Estate Services
Buyer's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$2,027,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,527,384
Avg. Annual Appreciation
22.03%
Original Mortgage
$200,000
Outstanding Balance
$128,436
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,882,327

Purchase Details

Closed on
Aug 19, 2013
Sold by
Delphine Cyr
Bought by
Delphine Cyr and Delphine Donald

Purchase Details

Closed on
Jan 11, 2011
Sold by
Parente Dennis H
Bought by
Cyr Delphine
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
Oneil Theresa A $499,900 --
Cyr Delphine -- --
Cyr Delphine $315,000 --
Delphine Cyr -- --
Cyr Delphine $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneil Theresa A $200,000
Previous Owner Parente Dennis $148,000
Previous Owner Parente Dennis $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $499,900 0.0% $446 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $499,900 -- $446 / 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 $10,874 $1,660,200 $480,900 $1,179,300
2023 $10,717 $1,151,100 $331,600 $819,500
2022 $10,304 $1,144,900 $331,600 $813,300
2021 $4,984 $562,500 $331,600 $230,900
2020 $4,363 $416,300 $286,200 $130,100
2019 $4,259 $416,300 $286,200 $130,100
2018 $4,142 $416,300 $286,200 $130,100
2017 $3,870 $366,500 $262,700 $103,800
2016 $3,694 $366,500 $262,700 $103,800
2015 $3,643 $366,500 $262,700 $103,800
2014 $3,680 $366,500 $262,700 $103,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Countie

    RI Real Estate Services

  • J

    Buyer's Agent in 2018

    Janet Kermes

    Mott & Chace Sotheby's Intl.

    (401) 527-8159

    28 in this area

    79 Total Sales

    Janet Kermes
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1199001

State-Wide MLS

APN: NARR-000022-000000-Y000001

Rhode Island Washington County Narragansett 02882

63 Cedar Island Rd, Narragansett, RI

This home is located at 63 Cedar Island Rd, Narragansett, RI 02882 since 25 July 2018 and is currently estimated at $2,027,284, approximately $1,810 per square foot. This property was built in 1965. 63 Cedar Island Rd is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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