NOT LISTED FOR SALE

63 Gibson Ave Narragansett, RI 02882

Estimated Value: $1,969,000 - $2,427,000

5 Beds
5 Baths
4,201 Sq Ft
$549/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $1,450,000 $345 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,116/month

22 Days on Market

Highlights

  • Marina
  • Beach Access
  • 0.68 Acre Lot
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Deck

About This Home

As of October 2018

An impressive historical estate offering complete privacy, tranquility, & enviable coastal living, “The Phoenix” is an idyllic Victorian sanctuary befitting its highly desirable Narragansett Pier location close to the beach & all Pier amenities. Set on almost ¾ of an acre on the superb park-like Kentara Green grounds with access from either a front or rear driveway. This elegant residence is a design masterpiece that has been completely renovated inside and out & sumptuously decorated, boasting generously sized open flow rooms, luxury finishes & thoughtful details. The first floor features a convenient mud room, laundry room, an expansive living room with fireplace, an office/sitting room, a striking dining room and an open and spacious eat-in kitchen with a generous pantry & breakfast room providing an ideal space for gourmet entertaining. A magnificent staircase leads to the second floor where the master suite featuring a large private terrace, a sizable dressing room & opulent bath can be found, along with 3 spacious en suite bedrooms and a cozy reading nook. On the 3rd floor is a second kitchen, a 5th bedroom with a walk-in closet, family room and full bath. This is a magnificent one-of-a-kind offering, one of The Sherry Cottages-McKim, Mead & White design, in a convenient & highly sought-after location.

Last Agent to Sell the Property

Dan Harding

Lila Delman Compass License #RES.0032455 Listed on: 09/06/2018

Co-Listed By

Nicole Harding

Lila Delman Compass License #RES.0029555

Last Buyer's Agent

Stephanie Basile

Serhant New England License #RES.0029801

Serhant New England

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1911

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-10

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,201 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 10 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 63GIBSONAVNARR

Community Details

Overview

  • Narragansett Pier Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1911

Lot Details

0.68 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.677
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: NARRAGANSETT PIER BEACH
  • Above Grade Finished Sq Ft: 4201.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1911
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 4201.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Security: Security System Owned
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • 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)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29490.0
  • Parcel #: 63GIBSONAVNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7400.0
  • Tax Lot: 114
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Hammond Stephen M and Tilt-Hammond Mary
Bought by
Hammond Stephen M and Tilt-Hammond Mary
Current Estimated Value
$2,307,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,000
Outstanding Balance
$1,105,343
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,202,303

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 29, 2018
Sold by
Eland Alan T and Eland Joanne C
Bought by
Hammond Stephen M and Tilt-Hammond Mary
Seller's Agent
Dan Harding
Lila Delman Compass
Buyer's Agent
Stephanie Basile
Serhant New England
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,160,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 3, 2015
Closed on
Nov 23, 2015
Sold by
Maxwell Joya
Bought by
Eland Alan T and Eland Joanne C
Seller's Agent
Dan Harding
Lila Delman Compass
Buyer's Agent
Dan Harding
Lila Delman Compass
List Price
$1,195,000
Sold Price
$1,147,200
Premium/Discount to List
-$47,800
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$917,760
Interest Rate
3.79%

Purchase Details

Closed on
Jan 29, 2014
Sold by
Maxwell Joya
Bought by
Joya Maxwell Lt
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
Hammond Stephen M -- None Available
Hammond Stephen M $1,450,000 --
Eland Alan T $1,147,200 --
Joya Maxwell Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Stephen M $1,245,000
Previous Owner Hammond Stephen M $1,160,000
Previous Owner Eland Alan T $917,760
Previous Owner Joya Maxwell Lt $275,000
Previous Owner Joya Maxwell Lt $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2018 10/29/18 Sold $1,450,000 -3.0% $345 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,495,000 +30.3% $356 / Sq Ft
11/20/2015 11/20/15 Sold $1,147,200 -4.0% $273 / Sq Ft View Prior Sale
10/21/2015 10/21/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $1,195,000 -- $284 / 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 $13,306 $1,959,600 $651,900 $1,307,700
2024 $12,835 $1,959,600 $651,900 $1,307,700
2023 $11,286 $1,212,200 $490,300 $721,900
2022 $10,910 $1,212,200 $490,300 $721,900
2021 $10,740 $1,212,200 $490,300 $721,900
2020 $8,667 $827,000 $339,200 $487,800
2019 $7,985 $780,500 $339,200 $441,300
2018 $6,973 $700,800 $339,200 $361,600
2017 $7,867 $745,000 $348,300 $396,700
2016 $7,510 $745,000 $348,300 $396,700
2015 $7,405 $745,000 $348,300 $396,700
2014 $6,989 $696,100 $289,200 $406,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1203379

State-Wide MLS

APN: NARR-000114-000000-E000000

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