$725,000
SOLD APR 25, 2025

66 Knowlesway Narragansett, RI 02882

5 Beds
2 Baths
2,000 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

6% Below List Price

16 Days on Market

Highlights

  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Narragansett Elementary School Rated A

About This Home

As of April 2025

Welcome to this versatile 2-family home in Narragansett, RI, ideally suited for student rentals or short-term vacation rentals. Perfectly located near local attractions and amenities, this property offers a prime investment opportunity. The first unit features 3 bedrooms, while the second unit offers 2 bedrooms, both with spacious and updated layouts that include modern improvements. Each unit is designed to maximize comfort and convenience, with plenty of windows allowing natural light to fill the space. The bright interiors create a welcoming atmosphere, appealing to both long-term tenants and short-term guests alike. The property also boasts a great-sized backyard, perfect for outdoor activities, relaxation, or entertaining. A paved driveway behind the home provides convenient off-street parking, ensuring ease of access for residents and visitors. With its prime location and modern updates, this 2-family home is an exceptional investment opportunity. Don't miss out on this chance to own a profitable property in Narragansett!

Last Agent to Sell the Property

Kyle Seyboth

Century 21 The Seyboth Team License #REC.0005226 Listed on: 01/06/2025

Century 21 The Seyboth Team

Last Buyer's Agent

Sweeney Advisory Group

Mott & Chace Sotheby's Intl.

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 2,000 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 66KNOWLESWYNARR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,723

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 2000.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1950
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 66KNOWLESWYNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3723.0
  • Tax Lot: 000
  • Tax Map Number: 483
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Apr 25, 2025
Sold by
Seyboth Kyle F
Bought by
Wilcox Caroline
Seller's Agent
Kyle Seyboth
Century 21 The Seyboth Team
Buyer's Agent
Sweeney Advisory Group
Mott & Chace Sotheby's Intl.
List Price
$769,900
Sold Price
$725,000
Premium/Discount to List
-$44,900
-5.83%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Jan 12, 2024
Sold by
Elevator Prop Inc
Bought by
Seyboth Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
7.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Sep 29, 2021
Closed on
Feb 15, 2022
Sold by
Caruolo James J
Bought by
Elevator Properties Inc
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Kyle Seyboth
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$532,159
Interest Rate
3.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 1994
Sold by
Durkin Martin E
Bought by
Caruolo James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,725
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $725,000 None Available
Warranty Deed $725,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $540,000 None Available
Warranty Deed $540,000 None Available
Warranty Deed $540,000 None Available
Warranty Deed $111,000 --
Warranty Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $684,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $532,159 Commercial
Previous Owner $150,000 No Value Available
Previous Owner $110,725 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $725,000 -4.6% $363 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/15/2025 01/15/25 Price Changed $759,900 -1.3% $380 / Sq Ft
01/06/2025 01/06/25 For Sale $769,900 +42.6% $385 / Sq Ft
02/15/2022 02/15/22 Sold $540,000 -10.0% $296 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
09/29/2021 09/29/21 For Sale $599,900 -- $329 / 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 $3,867 $590,400 $303,400 $287,000
2023 $3,723 $399,900 $216,800 $183,100
2022 $3,599 $399,900 $216,800 $183,100
2021 $3,543 $399,900 $216,800 $183,100
2020 $3,524 $336,300 $205,800 $130,500
2019 $3,440 $336,300 $205,800 $130,500
2018 $3,346 $336,300 $205,800 $130,500
2017 $2,919 $276,400 $181,000 $95,400
2016 $2,786 $276,400 $181,000 $95,400
2015 $2,747 $276,400 $181,000 $95,400
2014 $2,866 $285,500 $190,100 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1375612

State-Wide MLS

APN: NARR-000483-000000-K000000