NOT LISTED FOR SALE

68 Spice Bush Trail Narragansett, RI 02882

Estimated Value: $541,000 - $623,178

3 Beds
1 Bath
988 Sq Ft
$588/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $305,000 $309 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,330/month

66 Days on Market

Highlights

  • River Access
  • Wood Flooring
  • Game Room
  • Narragansett Elementary School Rated A
  • 2 Fireplaces
  • Tennis Courts

About This Home

As of August 2020

Location, Location, Location. Investors take note of this 3 BDRM ranch in wonderful Mettatuxet. Walking distance to Narrow river and the Mettatuxet yact club. A mile and a half away from Bonnet shores and a ten minute car ride to Narragansett beach, Newer roof, vinal siding, and possible basement expansion with a fireplace.

Last Agent to Sell the Property

Dan Driscoll

Coastal Properties RI License #REB.0018922 Listed on: 05/07/2020

Last Buyer's Agent

Betsy Alexander

RI Real Estate Services License #RES.0033196

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1975

Lot Details

  • 6,669 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Game Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • River Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 362
  • Assessor Parcel Number 68SPICEBUSHTRLNARR

Community Details

Amenities

  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1531
  • Above Grade Finished Sq Ft: 988.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplaces: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 988.0
  • Dining Room Type: Game Room, Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Dock Access, River Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6669.0
  • Parcel #: 68SPICEBUSHTRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2788.0
  • Tax Lot: 362
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Aug 6, 2020
Sold by
Souza Jeffrey C
Bought by
Perry Robert A and Perry Robyn R
Seller's Agent
Dan Driscoll
Coastal Properties RI
Buyer's Agent
Betsy Alexander
RI Real Estate Services
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%
Current Estimated Value
$581,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,045
Avg. Annual Appreciation
13.33%
Original Mortgage
$228,750
Outstanding Balance
$202,917
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,128

Purchase Details

Closed on
Apr 24, 2020
Sold by
Souza Jeffrey C and Souza Jennifer L
Bought by
Souza Jeffrey C

Purchase Details

Closed on
Nov 27, 2015
Sold by
Souza Jeffrey C
Bought by
Souza Jeffrey C and Souza Jennifer L

Purchase Details

Closed on
Aug 1, 1996
Sold by
Evans Roseann B
Bought by
Souza Jeffrey
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
Perry Robert A $305,000 None Available
Souza Jeffrey C -- None Available
Souza Jeffrey C -- --
Souza Jeffrey $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Robert A $228,750
Previous Owner Souza Jeffrey $165,000
Previous Owner Souza Jeffrey $65,000
Previous Owner Souza Jeffrey $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $305,000 -12.6% $309 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $349,000 -- $353 / 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 $3,004 $458,600 $201,600 $257,000
2023 $2,960 $317,900 $144,000 $173,900
2022 $2,861 $317,900 $144,000 $173,900
2021 $2,817 $317,900 $144,000 $173,900
2020 $2,856 $272,500 $98,100 $174,400
2019 $2,788 $272,500 $98,100 $174,400
2018 $2,711 $272,500 $98,100 $174,400
2017 $2,295 $217,300 $98,300 $119,000
2016 $2,190 $217,300 $98,300 $119,000
2015 $2,160 $217,300 $98,300 $119,000
2014 $2,130 $212,200 $93,200 $119,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dan Driscoll

    Coastal Properties RI

    (401) 207-6200

    2 in this area

    73 Total Sales

    Dan Driscoll
    Section Image
  • Betsy Alexander

    Buyer's Agent in 2020

    Betsy Alexander

    RI Real Estate Services

    (401) 559-1033

    1 in this area

    48 Total Sales

    Betsy Alexander
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1253169

State-Wide MLS

APN: NARR-000362-000000-000000NG

Rhode Island Washington County Narragansett 02882

68 Spice Bush Trail, Narragansett, RI

This home is located at 68 Spice Bush Trail, Narragansett, RI 02882 since 07 May 2020 and is currently estimated at $581,045, approximately $588 per square foot. This property was built in 1975. 68 Spice Bush Trail 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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