NOT LISTED FOR SALE

71 Rockland St Narragansett, RI 02882

Estimated Value: $1,092,000 - $1,669,000

4 Beds
1 Bath
1,246 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $642,000 $515 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,668/month

11 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Cooling System Mounted In Outer Wall Opening
  • Narragansett Elementary School Rated A
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of March 2021

The perfect beach cottage! Located in the heart of the Pier, it is only 0.4 miles (8-minute walk) to the water! Whether you are looking for an investment opportunity, a place to raise a family, or a summer getaway, this is the perfect home for you! There have been many updates over the past few years including a new bedroom, conversion to natural gas, new gas furnace, on-demand tankless hot water heater, paint, refinished hardwoods, new bathroom, stove, microwave, and newer roof. Currently rented to students, the lease ends in May. No leases in place for summer rentals or the upcoming academic year. Schedule your private tour today!

Last Agent to Sell the Property

Nicholas Hayes

HomeSmart Professionals License #REB.0019630 Listed on: 02/17/2021

HomeSmart Professionals

Last Buyer's Agent

Joshua Cullion

Mott & Chace Sotheby's Intl. License #REB.0016942

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,599

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 252
  • Assessor Parcel Number 71ROCKLANDSTNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,599

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 1246.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1949
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1246.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 71ROCKLANDSTNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4599.0
  • Tax Lot: 252
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 31, 2021
Sold by
Walsh Judith M
Bought by
Corneau Ellen M
Seller's Agent
Nicholas Hayes
HomeSmart Professionals
Buyer's Agent
Joshua Cullion
Mott & Chace Sotheby's Intl.
List Price
$649,900
Sold Price
$642,000
Premium/Discount to List
-$7,900
-1.22%
Current Estimated Value
$1,330,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,146
Avg. Annual Appreciation
16.01%
Original Mortgage
$513,600
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2010
Sold by
Westcott Patrick
Bought by
Westcott Patrick and Westcott Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.24%

Purchase Details

Closed on
Sep 8, 1988
Sold by
Lovett Howard
Bought by
Martin Graham
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
Corneau Ellen M $642,000 None Available
Westcott Patrick -- --
Martin Graham $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corneau Ellen M $800,000
Closed Corneau Ellen M $513,600
Previous Owner Martin Graham $218,300
Previous Owner Martin Graham $171,000
Previous Owner Martin Graham $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $642,000 -1.2% $515 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $649,900 +46.5% $522 / Sq Ft
04/01/2019 04/01/19 Sold $443,640 -11.3% $474 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $499,900 -- $534 / 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 $6,968 $1,063,800 $518,900 $544,900
2023 $6,186 $664,500 $353,000 $311,500
2022 $3,894 $432,700 $353,000 $79,700
2021 $5,118 $577,700 $353,000 $224,700
2020 $4,600 $438,900 $266,000 $172,900
2019 $4,409 $431,000 $266,000 $165,000
2018 $4,288 $431,000 $266,000 $165,000
2017 $3,562 $337,300 $218,600 $118,700
2016 $3,400 $337,300 $218,600 $118,700
2015 $3,353 $337,300 $218,600 $118,700
2014 $3,386 $337,300 $218,600 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1275595

State-Wide MLS

APN: NARR-000252-000000-D000000