NOT LISTED FOR SALE

7 Parkman Rd Narragansett, RI 02882

Estimated Value: $940,000 - $992,000

3 Beds
1 Bath
960 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $345,000 $359 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $5,710/month

161 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Narragansett Elementary School Rated A
  • Deck
  • Walking Distance to Water

About This Home

As of January 2013

SOUGHT AFTER-IN THE HEART OF BONNET SHORES-GREAT:LIVINGorRENTAL PROPERTY.WALK TO 3 BEACHES-GREAT COMUNITY-ADULTS/KIDS.UPDATED KITCHEN,NEW SLIDER,COUNTER,KITCHEN WINDOW.EXP POTENTIAL IN BASEMENT,FULLY APLIANCED FULY FURNISHED.

Last Agent to Sell the Property

David Petrone

Realty Center License #RES.0033177 Listed on: 07/09/2012

Last Buyer's Agent

Frances Bidell

RE/MAX FLAGSHIP, INC. License #RES.0030296

RE/MAX FLAGSHIP, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1987

Lot Details

  • 6,000

Parking

  • No Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 6,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 7PARKMANAVNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,372

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1377
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 960.0
  • Stories: 1
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • 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

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Parcel #: 7PARKMANAVNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3372.0
  • Tax Lot: 242
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jan 17, 2013
Sold by
Petrone David J
Bought by
Sullivan Gary R and Sullivan Kara E
Seller's Agent
David Petrone
Realty Center
Buyer's Agent
Frances Bidell
RE/MAX FLAGSHIP, INC.
List Price
$389,789
Sold Price
$345,000
Premium/Discount to List
-$44,789
-11.49%
Current Estimated Value
$965,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,309
Avg. Annual Appreciation
8.17%
Original Mortgage
$276,000
Outstanding Balance
$196,122
Interest Rate
3.39%
Estimated Equity
$732,017
Source: Public Records

Range of Values:

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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
Sullivan Gary R $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrone David J $276,000
Previous Owner Petrone David J $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $345,000 -11.5% $359 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $389,789 -- $406 / 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 $5,400 $824,500 $510,000 $314,500
2023 $4,544 $488,100 $300,000 $188,100
2022 $4,393 $488,100 $300,000 $188,100
2021 $4,293 $484,500 $300,000 $184,500
2020 $4,237 $404,300 $225,800 $178,500
2019 $4,136 $404,300 $225,800 $178,500
2018 $4,023 $404,300 $225,800 $178,500
2017 $3,855 $365,100 $231,000 $134,100
2016 $3,680 $365,100 $231,000 $134,100
2015 $3,629 $365,100 $231,000 $134,100
2014 $3,538 $352,400 $231,000 $121,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Petrone

    Realty Center

  • Frances Bidell

    Buyer's Agent in 2013

    Frances Bidell

    RE/MAX FLAGSHIP, INC.

    (401) 864-1308

    7 in this area

    58 Total Sales

    Frances Bidell
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Map

Source: State-Wide MLS

MLS Number: 1021226

State-Wide MLS

APN: NARR-000242-000000-000000NS

Rhode Island Washington County Narragansett 02882

7 Parkman Rd, Narragansett, RI

This home is located at 7 Parkman Rd, Narragansett, RI 02882 since 09 July 2012 and is currently estimated at $965,309, approximately $1,005 per square foot. This property was built in 1987. 7 Parkman 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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