$540,000
SOLD FEB 15, 2022

66 Knowlesway Narragansett, RI 02882

6 Beds
3 Baths
1,824 Sq Ft
4,312 Sq Ft Lot

Recently Sold

$296 Per Sq Ft

10% Below List Price

108 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Tennis Courts
  • Thermal Windows

About This Home

As of April 2025

Rare 3 unit just a Short Walk to Scarborough Beach - Do not miss this opportunity! Location is worth every penny! One apartment needs rehab.

Last Agent to Sell the Property

Karl Martone

RE/MAX Properties License #REB.0013618 Listed on: 09/29/2021

RE/MAX Properties

Last Buyer's Agent

Kyle Seyboth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1950

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 4,312 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 483
  • Assessor Parcel Number 66KNOWLESWYNARR

Community Details

Overview

  • 3 Units
  • Scarborough Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $8,424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.099
  • Subdivision Name: Scarborough
  • Above Grade Finished Sq Ft: 1824.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1950
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Bathroom, Bedroom, Kitchen
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

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: 4312.0
  • Parcel #: 66KNOWLESWYNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 8424.0

Tax Info

  • Tax Annual Amount: 4200.0
  • Tax Lot: 483
  • Tax Year: 2020

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 Limitless
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
Current Estimated Value
$731,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,367
Avg. Annual Appreciation
6.75%

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
9.44%
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: 1294955

State-Wide MLS

APN: NARR-000483-000000-K000000