NOT LISTED FOR SALE

7 Jakes Way Narragansett, RI 02882

Estimated Value: $928,000 - $1,163,000

3 Beds
2.5 Baths
2,816 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $659,000 $234 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,529/month

486 Days on Market

Highlights

  • Marina
  • Water Views
  • Spa
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 3-minute walk to Narragansett Parks & Rec Department

About This Home

As of October 2012

Wonderful end-unit condominium w/distant oceanviews.Open floorplan w/1st&2nd floor master suites.Large den/possible 4th bedroom.Granite,hardwoods,radiant heat,2 gas fireplaces,generator,hi-efficiency hotwater heater,security.Private,parklike setting.

Last Agent to Sell the Property

Catherine Cloney

Residential Properties Ltd. License #REB.0016567 Listed on: 05/03/2011

Residential Properties Ltd.

Last Buyer's Agent

Catherine Cloney

Residential Properties Ltd. License #REB.0016567 Listed on: 05/03/2011

Residential Properties Ltd.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 2005

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Unassigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • Marble Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 7JAKESWY7NARR

Community Details

Overview

  • 12 Units
  • Clarke Rd/Scarborough Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,918

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Clarke Rd/Scarborough
  • Above Grade Finished Sq Ft: 2816.0
  • Building Name: CLARKE PLACE
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Marble
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Central Vacuum, Cable TV
  • Living Area: 2816.0
  • Dining Room Type: Dining Room, Family Room, Kitchen, Living Room, Master Bedroom
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • 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
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 7JAKESWY7NARR
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 4918.0
  • Tax Lot: 22
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2011
Closed on
Oct 1, 2012
Sold by
Freeman Ent Llc
Bought by
Moser Margaret C and Moser Dewey G
Seller's Agent
Catherine Cloney
Residential Properties Ltd.
Buyer's Agent
Catherine Cloney
Residential Properties Ltd.
List Price
$719,000
Sold Price
$659,000
Premium/Discount to List
-$60,000
-8.34%
Current Estimated Value
$1,063,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,868
Avg. Annual Appreciation
3.73%
Source: Public Records

Range of Values:

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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
Moser Margaret C $659,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2012 10/01/12 Sold $659,000 -8.3% $234 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
05/03/2011 05/03/11 For Sale $719,000 -- $255 / 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 $6,066 $893,400 $0 $893,400
2024 $5,852 $893,400 $0 $893,400
2023 $6,080 $653,100 $0 $653,100
2022 $5,878 $653,100 $0 $653,100
2021 $5,786 $653,100 $0 $653,100
2020 $6,645 $634,100 $0 $634,100
2019 $6,487 $634,100 $0 $634,100
2018 $6,309 $634,100 $0 $634,100
2017 $6,558 $621,000 $0 $621,000
2016 $6,260 $621,000 $0 $621,000
2015 $6,173 $621,000 $0 $621,000
2014 $5,746 $572,300 $0 $572,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 991312

State-Wide MLS

APN: NARR-000022-V000000-000021