NOT LISTED FOR SALE

7 Inkberry Trail Narragansett, RI 02882

Estimated Value: $739,000 - $906,000

6 Beds
3 Baths
1,960 Sq Ft
$409/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $450,000 $230 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,583/month

63 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Raised Ranch Architecture

About This Home

As of July 2018

Recently renovated home near Bonnet Shores in Narragansett. This 6 bedroom, 3 bathroom house is completely move-in ready. New kitchen is open to living and dining area with sliders to the deck, making this perfect for entertaining or having guests over. Three bedrooms including the master bedroom and bath on the upper level; lower level has a family room, three more bedrooms and the third full bath. This location is great for short term summer rentals and a college winter rental. Walk to Narrow River, the beach and marina. A large yard and plenty of parking. Perfect timing to buy to enjoy the summer season

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 04/27/2018

RE/MAX Results

Last Buyer's Agent

Maria Rico

HNR Associates License #REB.0018731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,065

Year Built

  • Built in 2001

Lot Details

  • 10,018 Sq Ft Lot

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 340
  • Assessor Parcel Number 7INKBERRYTRLNARR

Community Details

Overview

  • Mettatuxet Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,065

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: Mettatuxet
  • Above Grade Finished Sq Ft: 1960.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1960.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 7INKBERRYTRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3065.0
  • Tax Lot: 340
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jul 30, 2018
Sold by
Larsen Sandra W and Larsen David A
Bought by
Bush Donald W and Rico Maria E
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Maria Rico
HNR Associates
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Current Estimated Value
$801,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,169
Avg. Annual Appreciation
8.32%
Original Mortgage
$292,500
Outstanding Balance
$254,055
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$547,114

Purchase Details

Listed on
Feb 20, 2016
Closed on
Apr 14, 2016
Sold by
Patalano Scott J
Bought by
Larsen David A and Larsen Sandra W
Seller's Agent
Greg Contardo
Keller Williams Coastal
Buyer's Agent
Dana Zangari
Residential Properties Ltd.
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$284,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 13, 2011
Closed on
Jun 14, 2012
Sold by
Reed Randy J and Reed Colleen C
Bought by
Patalano Scott J
Seller's Agent
Sharon Ford
RI Real Estate Services
Buyer's Agent
Robert Quirk
Century 21 North East
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$319,113
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2001
Sold by
Green Hill Bldrs Inc
Bought by
Reed Colleen C and Reed Randy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,900
Interest Rate
7.05%
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
Bush Donald W $450,000 --
Larsen David A $355,000 --
Patalano Scott J $325,000 --
Reed Colleen C $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Donald W $292,500
Previous Owner Larsen David A $284,000
Previous Owner Reed Colleen C $319,113
Previous Owner Reed Colleen C $208,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2018 07/30/18 Sold $450,000 -9.1% $230 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $495,000 +39.4% $253 / Sq Ft
04/15/2016 04/15/16 Sold $355,000 -6.6% $181 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $379,900 +16.9% $194 / Sq Ft
06/13/2012 06/13/12 Sold $325,000 -6.9% $166 / Sq Ft View Prior Sale
05/14/2012 05/14/12 Pending -- -- --
09/13/2011 09/13/11 For Sale $349,000 -- $178 / 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
2025 $4,173 $614,600 $208,400 $406,200
2024 $4,026 $614,600 $208,400 $406,200
2023 $4,045 $434,500 $148,900 $285,600
2022 $3,911 $434,500 $148,900 $285,600
2021 $3,850 $434,500 $148,900 $285,600
2020 $3,643 $347,600 $101,400 $246,200
2019 $3,556 $347,600 $101,400 $246,200
2018 $3,459 $347,600 $101,400 $246,200
2017 $3,065 $290,200 $108,500 $181,700
2016 $2,925 $290,200 $108,500 $181,700
2015 $2,885 $290,200 $108,500 $181,700
2014 $3,038 $302,600 $102,700 $199,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2018

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    7 in this area

    698 Total Sales

    Joe Fitzpatrick
    Section Image
  • Maria Rico

    Buyer's Agent in 2018

    Maria Rico

    HNR Associates

    (401) 463-6950

    13 Total Sales

    Maria Rico
    Section Image
  • Greg Contardo

    Seller's Agent in 2016

    Greg Contardo

    Keller Williams Coastal

    (401) 243-4734

    2 in this area

    33 Total Sales

    Greg Contardo
    Section Image
  • Dana Zangari

    Buyer's Agent in 2016

    Dana Zangari

    Residential Properties Ltd.

    (401) 935-1200

    8 in this area

    32 Total Sales

    Dana Zangari
    Section Image
  • Sharon Ford

    Seller's Agent in 2012

    Sharon Ford

    RI Real Estate Services

    (401) 440-2954

    35 in this area

    53 Total Sales

    Sharon Ford
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Quirk

    Century 21 North East

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1188928

State-Wide MLS

APN: NARR-000340-000000-000000NG

Rhode Island Washington County Narragansett 02882

7 Inkberry Trail, Narragansett, RI

This home is located at 7 Inkberry Trail, Narragansett, RI 02882 since 27 April 2018 and is currently estimated at $801,169, approximately $408 per square foot. This property was built in 2001. 7 Inkberry 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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