NOT LISTED FOR SALE

7 Walnut St Narragansett, RI 02882

Estimated Value: $1,153,000 - $1,330,000

4 Beds
2 Baths
1,608 Sq Ft
$762/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $1,000,000 $622 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,005/month

41 Days on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • 1 Car Attached Garage
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of June 2023

Enjoy coastal living at it's finest just steps away from the water and a short drive to Narragansett Beach. This well maintained home has been tastefully updated and has an inviting and natural flow. The main level has an updated kitchen with plenty of cabinets and counter space that opens up to the dining area and comfortable living room. Upstairs you'll find the primary suite with a full bath, and an additional 3 bedrooms and full bathroom. Outside you'll find a nicely sized back yard with a new stone patio perfect for entertaining. Other features include vinyl cedar impressions, a young heating and Central Air system and a single stall garage. Make this property your perfect home or investment.

Last Agent to Sell the Property

Gina Vicente

HomeSmart Professionals License #RES.0040636 Listed on: 04/26/2023

HomeSmart Professionals

Last Buyer's Agent

Slocum Home Team

SLOCUM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1962

Lot Details

  • 10,802 Sq Ft Lot
  • Property is zoned R10

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Breezeway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 7WALNUTSTNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,839

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.248
  • Above Grade Finished Sq Ft: 1608.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1608.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster
  • Exterior Features: Breezeway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10802.0
  • Parcel #: 7WALNUTSTNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4839.16
  • Tax Lot: 57
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 12, 2023
Sold by
White Wendy M
Bought by
Giguere Cheryl L
Seller's Agent
Gina Vicente
HomeSmart Professionals
Buyer's Agent
Slocum Home Team
SLOCUM
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
57
Current Estimated Value
$1,183,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,310
Avg. Annual Appreciation
9.34%
Original Mortgage
$725,000
Outstanding Balance
$709,531
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,084

Purchase Details

Listed on
Jul 20, 2012
Closed on
Oct 3, 2012
Sold by
Schneider Beverly G and Schneider Stephen A
Bought by
White Wendy A
Seller's Agent
Joel Langlois
Gustave White Sotheby's Realty
Buyer's Agent
Chris Tanner
RE/MAX FLAGSHIP, INC.
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$303,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Coombs Mary Helen
Bought by
Schneider Stephen A and Schneider Beverly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,200
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Giguere Cheryl L $1,000,000 None Available
White Wendy A $505,000 --
Schneider Stephen A $526,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giguere Cheryl L $725,000
Previous Owner Schneider Stephen A $303,000
Previous Owner Schneider Stephen A $343,200
Previous Owner Schneider Stephen A $421,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $1,000,000 -9.1% $622 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $1,100,000 +117.8% $684 / Sq Ft
10/03/2012 10/03/12 Sold $505,000 -6.3% $329 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $539,000 -- $351 / 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 $6,316 $964,300 $536,500 $427,800
2023 $5,084 $546,100 $289,800 $256,300
2022 $4,877 $541,900 $289,800 $252,100
2021 $4,801 $541,900 $289,800 $252,100
2020 $4,630 $441,800 $216,200 $225,600
2019 $4,520 $441,800 $216,200 $225,600
2018 $4,396 $441,800 $216,200 $225,600
2017 $3,935 $372,600 $200,900 $171,700
2016 $3,756 $372,600 $200,900 $171,700
2015 $3,704 $372,600 $200,900 $171,700
2014 $3,528 $351,400 $172,200 $179,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gina Vicente

    HomeSmart Professionals

    Section Image
  • Slocum Home Team

    Buyer's Agent in 2023

    Slocum Home Team

    SLOCUM

    (401) 593-1129

    5 in this area

    735 Total Sales

    Section Image
  • Joel Langlois

    Seller's Agent in 2012

    Joel Langlois

    Gustave White Sotheby's Realty

    (401) 849-3000

    4 in this area

    16 Total Sales

    Section Image
  • Chris Tanner

    Buyer's Agent in 2012

    Chris Tanner

    RE/MAX FLAGSHIP, INC.

    (401) 742-1900

    1 in this area

    17 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1334223

State-Wide MLS

APN: NARR-000057-000000-E000000

Rhode Island Washington County Narragansett 02882

7 Walnut St, Narragansett, RI

This home is located at 7 Walnut St, Narragansett, RI 02882 since 26 April 2023 and is currently estimated at $1,225,970, approximately $762 per square foot. This property was built in 1962. 7 Walnut St 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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