NOT LISTED FOR SALE

7 Meadowbrook Way Unit 81 Narragansett, RI 02882

Estimated Value: $644,046 - $701,000

2 Beds
2 Baths
1,194 Sq Ft
$290/mo HOA Fee

Last Sold June 27, 2013

Last sale price $341,000 $286 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,073/month

26 Days on Market

Highlights

  • Marina
  • Water Views
  • Wooded Lot
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of June 2013

UPDATED ONE LEVEL POLO CLUB.2 BEDROOM 2 BATHS,LARGE LIVING ROOM WITH FIREPLACE OVERLOOKS PRIVATE PATIO.GLEEMING WOOD FLOORS THROUGHOUT,NEW HEATING AND COOLING SYSTEM, NEW HOT WATER. JUST A SHORT STROLL TO YOUR POOL. DETACHED GARAGE W/ AMPLE STORAGE

Last Agent to Sell the Property

Paul Robinson

Compass License #RES.0034849 Listed on: 05/01/2013

Compass

Last Buyer's Agent

Rosemary Simpson

Mott & Chace Sotheby's Intl. License #RES.0027715

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1988

Lot Details

  • Cul-De-Sac
  • Fenced
  • Wooded Lot

HOA Fees

  • $290 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Zero Clearance Fireplace
  • Marble Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 81 / 1
  • Assessor Parcel Number 7MEADOWBROOKWY81NARR

Community Details

Overview

  • 92 Units
  • Polo Club Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,323

Year Built

Built in 1988

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: POLO CLUB
  • Above Grade Finished Sq Ft: 1194.0
  • Building Name: POLO CLUB
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Marble, Zero Clearance
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Attic, Storage, Cable TV
  • Living Area: 1194.0
  • Dining Room Type: Dining Room, Foyer, Kitchen, Laundry, Living Room, Primary Bedroom
  • Stories: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Paved, Wooded
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: Slab

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
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

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: 290.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 7MEADOWBROOKWY81NARR
  • Zoning: R80

Multi Family

  • Number Of Units In Community: 92

Tax Info

  • Tax Annual Amount: 2323.0
  • Tax Block: 1
  • Tax Lot: 81
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 27, 2013
Sold by
Rebel Jerome and Rebel Mary A
Bought by
Koh Franklin and Koh Ellen
Seller's Agent
Paul Robinson
Compass
Buyer's Agent
Rosemary Simpson
Mott & Chace Sotheby's Intl.
List Price
$339,900
Sold Price
$341,000
Premium/Discount to List
$1,100
0.32%
Current Estimated Value
$669,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,012
Avg. Annual Appreciation
5.56%
Original Mortgage
$221,000
Outstanding Balance
$49,664
Interest Rate
3.51%
Estimated Equity
$619,348

Purchase Details

Closed on
Aug 25, 2009
Sold by
Johnson V Duncan
Bought by
Rebel Jerome and Rebel Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.19%

Purchase Details

Closed on
Feb 15, 1990
Sold by
Polo Club Assoc
Bought by
Murray J Terrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
9.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koh Franklin $341,000 --
Rebel Jerome $310,000 --
Murray J Terrance $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray J Terrance $221,000
Previous Owner Murray J Terrance $237,000
Previous Owner Murray J Terrance $248,000
Previous Owner Murray J Terrance $144,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2013 06/27/13 Sold $341,000 +0.3% $286 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $339,900 -- $285 / 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 $3,284 $483,700 $0 $483,700
2024 $3,168 $483,700 $0 $483,700
2023 $3,295 $353,900 $0 $353,900
2022 $3,185 $353,900 $0 $353,900
2021 $3,136 $353,900 $0 $353,900
2020 $3,555 $339,200 $0 $339,200
2019 $3,470 $339,200 $0 $339,200
2018 $3,375 $339,200 $0 $339,200
2017 $3,434 $325,200 $0 $325,200
2016 $3,278 $325,200 $0 $325,200
2015 $3,232 $325,200 $0 $325,200
2014 $2,600 $259,000 $0 $259,000
Source: Public Records

Agents Affiliated with this Home

  • Paul Robinson

    Seller's Agent in 2013

    Paul Robinson

    Compass

    (401) 207-5768

    1 in this area

    12 Total Sales

    Paul Robinson
    Section Image
  • Rosemary Simpson

    Buyer's Agent in 2013

    Rosemary Simpson

    Mott & Chace Sotheby's Intl.

    (401) 255-0444

    5 Total Sales

    Rosemary Simpson
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1039926

State-Wide MLS

APN: NARR-000001-Z000000-000081

Rhode Island Washington County Narragansett 02882

7 Meadowbrook Way Unit 81, Narragansett, RI

Not Listed for Sale

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