Seller's Agent in 2024
Matt Phipps
Compass
(401) 640-0071
10 in this area
313 Total Sales
70 Narragansett Ave Narragansett, RI 02882
4
Beds
2
Baths
1,518
Sq Ft
6,970
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- Walking Distance to Water
- Narragansett Elementary School Rated A
- Recreation Facilities
- Porch
About This Home
As of September 2024Exceptional opportunity. Superior location, four blocks form Narragansett town Beach and the Towers. Located in the historic district of the Pier neighborhood. The photos represent the strength of the location. The property will require complete rehabilitation. Much of the interior is original from 1920. The units are shelf units; first floor is one unit; the second floor is another. Overall the building has 8 rooms, with 2 bedrooms per unit and 1 bath in each. It has 1518 sq. ft. of heated space above grade.
The sale is an estate sale. Please note the list price at 800k; assessment from the town is $711800. To repeat, it needs major rehabilitation. The potential to create your dream. Highest and best use is likely to be as a single family.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,663
Year Built
- Built in 1920
Home Design
- Fixer Upper
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,518 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Wood Flooring
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
- 100 Amp Service
Additional Features
- 6,970 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 421
- Assessor Parcel Number 70NARRAGANSETTAVNARR
Community Details
Overview
- 2 Units
- The Pier Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Aug 8, 2024
Sold by
Clarissa B Kulman Ret and Kulman
Bought by
Torregrossa Salvatore
Seller's Agent
Matt Phipps
Compass
Buyer's Agent
Joseph Spremulli
Quality Properties
List Price
$800,000
Sold Price
$760,000
Premium/Discount to List
-$40,000
-5%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,789
Avg. Annual Appreciation
7.95%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $760,000 | None Available | |
| Deed | $760,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $760,000 | -5.0% | $501 / Sq Ft |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- |
| 07/12/2024 07/12/24 | For Sale | $800,000 | -- | $527 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,662 | $711,800 | $422,000 | $289,800 |
| 2023 | $4,272 | $458,900 | $291,000 | $167,900 |
| 2022 | $4,130 | $458,900 | $291,000 | $167,900 |
| 2021 | $4,066 | $458,900 | $291,000 | $167,900 |
| 2020 | $4,226 | $403,200 | $262,100 | $141,100 |
| 2019 | $4,125 | $403,200 | $262,100 | $141,100 |
| 2018 | $4,012 | $403,200 | $262,100 | $141,100 |
| 2017 | $3,749 | $355,000 | $240,600 | $114,400 |
| 2016 | $3,578 | $355,000 | $240,600 | $114,400 |
| 2015 | $3,529 | $355,000 | $240,600 | $114,400 |
| 2014 | $3,460 | $344,600 | $230,200 | $114,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2024
Joseph Spremulli
Quality Properties
(401) 943-9899
5 in this area
35 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1363599
APN: NARR-000421-000000-C000000
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