NOT LISTED FOR SALE

7 Riptide Rd Narragansett, RI 02882

Estimated Value: $849,000 - $1,254,000

3 Beds
2 Baths
1,632 Sq Ft
$603/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $560,000 $343 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,921/month

85 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Colonial Architecture
  • Narragansett Elementary School Rated A
  • Water Access
  • Wood Flooring

About This Home

As of July 2019

Welcome to this spacious well maintained home in the coastal community of Great Island. Under 5 minutes to water access, the Galilee boat launch, the Block Island Ferry and Galilee's wonderful seafood restaurants. State beaches are a 10 minute drive away. The first floor offers an open floor plan with eat in kitchen, laundry room,and master bedroom with bathroom. The second floor boosts 2 extra large bedrooms and a second full bathroom. Recently updated and stunning hardwood floors just refinished. Open, airy, sun filled home perfect for year round or seasonal living, just move in.

Last Agent to Sell the Property

Denise D'amico

Residential Properties Ltd. License #RES.0031070 Listed on: 03/08/2019

Last Buyer's Agent

The Fraioli-Wilson Team

Edge Realty RI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,454

Year Built

  • Built in 1998

Lot Details

  • 9,975

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • 9,975 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 7RIPTIDERDNARR

Community Details

Overview

  • Great Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,454

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.229
  • Subdivision Name: Great Island
  • Above Grade Finished Sq Ft: 1632.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1632.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9975.0
  • Parcel #: 7RIPTIDERDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4454.0
  • Tax Lot: 61
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Flynn Francis J and Flynn Susan T
Bought by
Engel Richard P
Current Estimated Value
$984,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,302
Outstanding Balance
$190,606
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Estimated Equity
$757,055

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jul 2, 2019
Sold by
Flynn Francis J and Flynn Susan T
Bought by
Engel Richard P
Seller's Agent
Denise D'amico
Residential Properties Ltd.
Buyer's Agent
The Fraioli-Wilson Team
Edge Realty RI
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Tocco William P and Tocco Maria J
Bought by
Flynn Francis J and Flynn Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1998
Sold by
Conley Timothy P
Bought by
Tocco William T and Tocco Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Engel Richard P $560,000 None Available
Engel Richard P $560,000 --
Flynn Francis J $225,000 --
Tocco William T $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engel Richard P $194,302
Previous Owner Engel Richard P $484,350
Previous Owner Flynn Francis J $337,500
Previous Owner Tocco William T $150,000
Previous Owner Tocco William T $160,000
Previous Owner Tocco William T $129,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $560,000 -6.7% $343 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $599,900 -- $368 / 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 $5,210 $795,400 $386,400 $409,000
2023 $4,982 $535,100 $249,300 $285,800
2022 $4,816 $535,100 $249,300 $285,800
2021 $4,741 $535,100 $249,300 $285,800
2020 $4,693 $447,800 $200,100 $247,700
2019 $4,581 $447,800 $200,100 $247,700
2018 $4,456 $447,800 $200,100 $247,700
2017 $4,665 $441,800 $243,000 $198,800
2016 $4,453 $441,800 $243,000 $198,800
2015 $4,391 $441,800 $243,000 $198,800
2014 $4,198 $418,100 $221,500 $196,600
Source: Public Records

Agents Affiliated with this Home

  • Denise D'amico

    Seller's Agent in 2019

    Denise D'amico

    Residential Properties Ltd.

    (401) 497-9413

    8 in this area

    24 Total Sales

    Denise D'amico
    Section Image
  • The Fraioli-Wilson Team

    Buyer's Agent in 2019

    The Fraioli-Wilson Team

    Edge Realty RI

    (401) 258-0341

    19 in this area

    113 Total Sales

    The Fraioli-Wilson Team
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1216713

State-Wide MLS

APN: NARR-000061-000000-R000002

Rhode Island Washington County Narragansett 02882

7 Riptide Rd, Narragansett, RI

This home is located at 7 Riptide Rd, Narragansett, RI 02882 since 08 March 2019 and is currently estimated at $984,839, approximately $603 per square foot. This property was built in 1998. 7 Riptide 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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