NOT LISTED FOR SALE

64 King Philip Rd Narragansett, RI 02882

Estimated Value: $895,000 - $983,892

2 Beds
1.5 Baths
1,248 Sq Ft
$763/Sq Ft Est. Value

Last Sold August 27, 2012

Last sale price $400,000 $321 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,514/month

87 Days on Market

Highlights

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

About This Home

As of August 2012

BONNET SHORES - "Summer Dream" - Classic Seaside Cottage, 500' to Little Beach. Walk to boating/fishing/beach. 2BR, 1.5BT, office, hardwoods, fireplace, enclosed porch, patio, garage, double lot. New premium roof/siding/windows. Outside shwr.

Last Agent to Sell the Property

ERNEST ESPOSITO

RE/MAX FLAGSHIP, INC. License #RES.0020161 Listed on: 05/01/2012

Last Buyer's Agent

ERNEST ESPOSITO

RE/MAX FLAGSHIP, INC. License #RES.0020161 Listed on: 05/01/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,695

Year Built

  • Built in 1945

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-10

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 392A/393/4
  • Assessor Parcel Number 64KINGPHILIPRDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,695

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2755
  • Co List Office Mls Id: RMAX09
  • Co List Office Phone: 401-789-2255
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 1248.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 1248.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12000.0
  • Parcel #: 64KINGPHILIPRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3695.0
  • Tax Lot: 392A/393/4
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Aug 27, 2012
Sold by
Audrey T Edwards Ret
Bought by
Short George W and Short Janet
Seller's Agent
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
Buyer's Agent
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
List Price
$459,000
Sold Price
$400,000
Premium/Discount to List
-$59,000
-12.85%
Current Estimated Value
$952,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,473
Avg. Annual Appreciation
6.84%
Original Mortgage
$320,000
Interest Rate
3.61%

Purchase Details

Closed on
Oct 5, 2010
Sold by
Edwards Thomas M and Edwards Audrey T
Bought by
Edwards Audrey T and Edwards Thomas M
Source: Public Records

Range of Values:

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Average Value
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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
Short George W $400,000 --
Edwards Audrey T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short George W $264,000
Closed Edwards Thomas M $320,000
Previous Owner Edwards Thomas M $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2012 08/27/12 Sold $400,000 -12.9% $321 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $459,000 -- $368 / 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 $5,336 $814,700 $540,200 $274,500
2023 $4,743 $509,500 $317,800 $191,700
2022 $4,586 $509,500 $317,800 $191,700
2021 $4,514 $509,500 $317,800 $191,700
2020 $4,495 $428,900 $239,200 $189,700
2019 $4,388 $428,900 $239,200 $189,700
2018 $4,268 $428,900 $239,200 $189,700
2017 $4,172 $395,100 $263,100 $132,000
2016 $3,983 $395,100 $263,100 $132,000
2015 $3,927 $395,100 $263,100 $132,000
2014 $3,887 $387,200 $263,100 $124,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1016169

State-Wide MLS

APN: NARR-000392-N000000R-A000000