NOT LISTED FOR SALE

7 Middle Rd Narragansett, RI 02882

Estimated Value: $571,721 - $703,000

2 Beds
1 Bath
600 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $377,000 $628 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,653/month

30 Days on Market

Highlights

  • Deck
  • Cottage
  • Hot Water Heating System
  • Narragansett Elementary School Rated A
  • Patio
  • 1-Story Property

About This Home

As of November 2017

OPPORTUNITY!!!! GREAT INVESTMENT OR PERFECT TIME TO BUY YOUR SUMMER COTTAGE LESS THAN 1000 FT FROM THE BEACH/WATER. 2 MIN WALK TO THE SPECTACULAR SCARBOROUGH BEACH. WATER VIEWS AVAILABLE. THIS ADORABLE COTTAGE SITS ON A SPRAWLING OVERSIZED DOUBLE LOT OF MORE THAN 17,000 SQUARE FEET. THIS IS A RARE FIND SO CLOSE TO THE WATER! THIS COZY RECENTLY RENOVATED HOME IS FULLY FUNCTIONING AS IS, OR MAKE IT YOUR DREAM HOUSE WITH PLENTY OF LAND FOR EXPANSION. LONG CONSISTENT SUMMER AND WINTER RENTAL HISTORY. PROPERTY IS CURRENTLY A TWO BEDROOM WITH THE LOWER LEVEL READY TO BE FINISHED: ROUGH IN FOR 2ND BATH AND PLUMBING FOR KITCHENETTE ; FULL WINDOWS AND WALKOUT AND EVEN AN EXISTING AREA TO CREATE A FRENCH DOOR WALKOUT TO THE BACKYARD. PHOTO TO SOON FOLLOW.

Last Agent to Sell the Property

Peter Aiello

C.D. Puleo Realty, Inc. License #RES.0030915 Listed on: 09/01/2017

Last Buyer's Agent

Jo-Anne Feeney

Residential Properties Ltd. License #REB.0012918

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1950

Lot Details

  • 0.39 Acre Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • Scarborough/ Black Point/East Ward Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 7MIDDLERDNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3903
  • Subdivision Name: SCARBOROUGH/ BLACK POINT/EAST WARD
  • Above Grade Finished Sq Ft: 600.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 600.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17000.0
  • Parcel #: 7MIDDLERDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2795.33
  • Tax Lot: 52
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Pagano Evan A and Pagano Ryan J
Bought by
Pagano Evan A
Current Estimated Value
$641,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$297,943
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$343,737

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 27, 2017
Sold by
Malvin Co Llc
Bought by
Pagano Evan A and Pagano Ryan J
Seller's Agent
Peter Aiello
C.D. Puleo Realty, Inc.
Buyer's Agent
Jo-Anne Feeney
Residential Properties Ltd.
List Price
$499,890
Sold Price
$377,000
Premium/Discount to List
-$122,890
-24.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$358,150
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2011
Sold by
Ballirano Madeline Est
Bought by
The Hunters Run

Purchase Details

Closed on
Dec 20, 1968
Bought by
Malvin Co Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pagano Evan A -- None Available
Pagano Evan A $377,000 --
The Hunters Run -- --
Malvin Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagano Evan A $336,000
Previous Owner Pagano Evan A $358,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $377,000 -24.6% $628 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $499,890 -- $833 / 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 $2,840 $433,600 $271,100 $162,500
2023 $2,816 $302,500 $193,700 $108,800
2022 $2,723 $302,500 $193,700 $108,800
2021 $2,680 $302,500 $193,700 $108,800
2020 $3,363 $320,900 $192,700 $128,200
2019 $3,283 $320,900 $192,700 $128,200
2018 $3,193 $320,900 $192,700 $128,200
2017 $2,795 $264,700 $178,100 $86,600
2016 $2,668 $264,700 $178,100 $86,600
2015 $2,631 $264,700 $178,100 $86,600
2014 $2,897 $288,500 $201,900 $86,600
Source: Public Records

Agents Affiliated with this Home

  • Peter Aiello

    Seller's Agent in 2017

    Peter Aiello

    C.D. Puleo Realty, Inc.

    (401) 339-0490

    5 in this area

    37 Total Sales

    Peter Aiello
    Section Image
  • Jo-Anne Feeney

    Buyer's Agent in 2017

    Jo-Anne Feeney

    Residential Properties Ltd.

    (401) 529-4111

    3 in this area

    26 Total Sales

    Jo-Anne Feeney
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1172090

State-Wide MLS

APN: NARR-000052-000000-S000000

Rhode Island Washington County Narragansett 02882

7 Middle Rd, Narragansett, RI

This home is located at 7 Middle Rd, Narragansett, RI 02882 since 01 September 2017 and is currently estimated at $641,680, approximately $1,069 per square foot. This property was built in 1950. 7 Middle Rd 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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