Seller's Agent in 2021
Steven Rei
RI Real Estate Services
(401) 932-5507
15 in this area
52 Total Sales
7 Johnson Ave Narragansett, RI 02882
Estimated Value: $1,322,000 - $2,266,000
3
Beds
3
Baths
2,822
Sq Ft
$651/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Narragansett Elementary School Rated A
- Beach Access
- 0.6 Acre Lot
About This Home
As of February 2021Wesquage Beach offering! Sweeping ocean views from Bonnet Shores Beach to Beavertail Lighthouse. Relax and watch the boats sail by in this seaside escape and experience breathtaking coastal views, or take a barefoot stroll to the private association's beach with deeded access to enjoy the waterfront activity of your choosing. The home features 2800+ living space with updated kitchen, granite countertops, master bedroom with bath and deck overlooking beautiful seascape, gas fireplace, large private backyard and a location convenient to all amenities. The home's ground floor level would make an ideal guest suite.
Last Agent to Sell the Property
RI Real Estate Services License #RES.0033589 Listed on: 08/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,934
Year Built
- Built in 1957
Lot Details
- 0.6 Acre Lot
- Property is zoned R80
HOA Fees
- $315 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,822 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Thermal Windows
- Storage Room
- Water Views
- Attic Fan
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Accessible Home Design
- Enhanced Accessible Features
- Accessible Approach with Ramp
Outdoor Features
- Beach Access
- Water Access
- Deck
- Outbuilding
- Porch
Location
- Property near a hospital
Utilities
- Central Air
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- 200+ Amp Service
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 222
- Assessor Parcel Number 7JOHNSONAVNARR
Community Details
Overview
- Wesquage Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Feb 10, 2021
Sold by
Angelina Buonanno Ret and Buonanno
Bought by
Fayad Naief T and Mancini Laura A
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
Pawler Garrahan
Residential Properties Ltd.
List Price
$1,375,000
Sold Price
$1,000,000
Premium/Discount to List
-$375,000
-27.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,966
Avg. Annual Appreciation
13.83%
Original Mortgage
$800,000
Outstanding Balance
$712,615
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,125,351
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fayad Naief T | $1,000,000 | None Available | |
| Fayad Naief T | $1,000,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fayad Naief T | $800,000 | |
| Closed | Fayad Naief T | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2021 02/15/21 | Sold | $1,000,000 | -27.3% | $354 / Sq Ft |
| 01/16/2021 01/16/21 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $1,375,000 | -- | $487 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $10,178 | $1,499,000 | $763,000 | $736,000 |
| 2024 | $9,818 | $1,499,000 | $763,000 | $736,000 |
| 2023 | $9,308 | $999,800 | $476,800 | $523,000 |
| 2022 | $8,416 | $935,100 | $412,100 | $523,000 |
| 2021 | $8,285 | $935,100 | $412,100 | $523,000 |
| 2020 | $7,933 | $757,000 | $409,700 | $347,300 |
| 2019 | $7,744 | $757,000 | $409,700 | $347,300 |
| 2018 | $7,532 | $757,000 | $409,700 | $347,300 |
| 2017 | $7,063 | $668,800 | $383,600 | $285,200 |
| 2016 | $6,742 | $668,800 | $383,600 | $285,200 |
| 2015 | $6,648 | $668,800 | $383,600 | $285,200 |
| 2014 | $6,940 | $691,200 | $415,500 | $275,700 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Rei
-
Pawler Garrahan
Buyer's Agent in 2021
Pawler Garrahan
Residential Properties Ltd.
(401) 783-7733
9 in this area
25 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1261537
APN: NARR-000222-000000-000000NH
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