NOT LISTED FOR SALE

7 Martingale Ln Unit 7 Narragansett, RI 02882

Estimated Value: $507,000 - $706,000

2 Beds
2.5 Baths
1,320 Sq Ft
$472/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $325,000 $246 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,977/month

272 Days on Market

Highlights

  • Marina
  • Water Views
  • Attic
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Community Pool

About This Home

As of March 2017

IMMACULATE 2 BED, 2 1/2 BATH CONDO, EAT IN KITCHEN, LR WITH MARBLE FIREPLACE, DINING AREA, PRIVATE SCREENED IN PORCH, GARAGE, CENTRAL AIR, ATTIC STORAGE, LNDRY, POOL, BEAUTIFULLY KEPT BY ONE OWNER.ONLY MINUTES TO BEACH & ALL TOWN AMENITIES

Last Agent to Sell the Property

Marnee Grzebien

Mott & Chace Sotheby's Intl. License #RES.0029369 Listed on: 05/25/2016

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Cheryl Woodmansee

RE/MAX FLAGSHIP, INC. License #RES.0033997

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1988

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Marble Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1-90
  • Assessor Parcel Number 7MARTINGALELANE7NARR

Community Details

Overview

  • 137 Units
  • Narragansett Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,075

Year Built

Built in 1988

Lot Details

0

HOA Fees

$371 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: NARRAGANSETT
  • Above Grade Finished Sq Ft: 1320.0
  • Building Name: POLO CLUB
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Marble
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Attic, Central Vacuum, Cable TV
  • Living Area: 1320.0
  • Dining Room Type: Dining Room, Kitchen, Living Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener, Unassigned
  • Total Parking Spaces: 3.0

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
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 371.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 7MARTINGALELANE7NARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 137

Tax Info

  • Tax Annual Amount: 3075.4
  • Tax Lot: 1-90
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Mar 24, 2017
Sold by
Rinaldi Ann M
Bought by
Sharron Amy B
Seller's Agent
Marnee Grzebien
Mott & Chace Sotheby's Intl.
Buyer's Agent
Cheryl Woodmansee
RE/MAX FLAGSHIP, INC.
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%
Current Estimated Value
$622,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,962
Avg. Annual Appreciation
7.45%
Original Mortgage
$243,750
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
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
Sharron Amy B $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharron Amy B $100,000
Open Sharron Amy B $235,000
Closed Sharron Amy B $61,000
Closed Sharron Amy B $243,750
Previous Owner Rinaldi Ann M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $325,000 -9.7% $246 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
05/25/2016 05/25/16 For Sale $360,000 -- $273 / 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 $2,850 $435,100 $0 $435,100
2023 $2,988 $320,900 $0 $320,900
2022 $2,888 $320,900 $0 $320,900
2021 $2,843 $320,900 $0 $320,900
2020 $3,234 $308,600 $0 $308,600
2019 $3,157 $308,600 $0 $308,600
2018 $3,071 $308,600 $0 $308,600
2017 $3,222 $305,100 $0 $305,100
2016 $3,075 $305,100 $0 $305,100
2015 $3,033 $305,100 $0 $305,100
2014 $2,821 $281,000 $0 $281,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marnee Grzebien

    Mott & Chace Sotheby's Intl.

    Section Image

  • C

    Buyer's Agent in 2017

    Cheryl Woodmansee

    RE/MAX FLAGSHIP, INC.

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1127058

State-Wide MLS

APN: NARR-000001-Z000000-000090

Rhode Island Washington County Narragansett 02882

7 Martingale Ln Unit 7, Narragansett, RI

This home is located at 7 Martingale Ln Unit 7, Narragansett, RI 02882 since 25 May 2016 and is currently estimated at $622,962, approximately $471 per square foot. This property was built in 1988. 7 Martingale Ln Unit 7 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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