NOT LISTED FOR SALE

75 Allagash Trail Narragansett, RI 02882

Estimated Value: $902,720 - $1,332,000

5 Beds
2 Baths
1,976 Sq Ft
$540/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $605,000 $306 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,045/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Furnished
  • Bathtub with Shower

About This Home

As of August 2019

This is your ideal rental/vacation home. Renovated and updated in 2017, with large private lot including swing set and storage shed. 5 bedrooms with 6-7 parking spaces. This home is fully furnished and turnkey! Great rental history with student lease for 2019-2020 year fully executed. The options with this home are limitless, make it a year round rental, your summer vacation home, or a combination of both! Brings in over $65,000 gross income. P&L available with rental history.

Last Agent to Sell the Property

Courtney Cammans

EXPERIENCE Real Estate License #RES.0040587 Listed on: 06/12/2019

Last Buyer's Agent

Jarrod Pequot

Edge Realty RI License #REB.0013763

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,996

Year Built

  • Built in 1962

Lot Details

  • 0.46 Acre Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Bonnet Shores Subdivision

Listing and Financial Details

  • Tax Lot 1272
  • Assessor Parcel Number 75ALLAGASHTRLNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,996

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4591
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • 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

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1976.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20000.0
  • Parcel #: 75ALLAGASHTRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3995.92
  • Tax Lot: 1272
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 2, 2019
Sold by
Cammons Real Estate Co
Bought by
Rossoni Eric P and Rossoni Margaret A
Seller's Agent
Courtney Cammans
EXPERIENCE Real Estate
Buyer's Agent
Jarrod Pequot
Edge Realty RI
List Price
$649,000
Sold Price
$605,000
Premium/Discount to List
-$44,000
-6.78%
Current Estimated Value
$1,066,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,180
Avg. Annual Appreciation
9.40%
Original Mortgage
$484,000
Outstanding Balance
$423,853
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$642,328

Purchase Details

Closed on
Oct 31, 2017
Sold by
Commans Development Ll
Bought by
Commans Real Estate Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2016
Closed on
Mar 28, 2017
Sold by
Middletown Patricia L
Bought by
Cammans Developments L
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
Jeffrey Cammans
RE/MAX Professionals
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rossoni Eric P $605,000 --
Commans Real Estate Co -- --
Cammans Developments L -- --
Middleton Patricia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossoni Eric P $484,000
Previous Owner Commans Real Estate Co $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2019 08/02/19 Sold $605,000 -6.8% $306 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $649,000 +159.6% $328 / Sq Ft
03/28/2017 03/28/17 Sold $250,000 -16.4% $127 / Sq Ft View Prior Sale
02/26/2017 02/26/17 Pending -- -- --
09/28/2016 09/28/16 For Sale $299,000 -- $151 / 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
2025 $5,173 $761,900 $306,300 $455,600
2024 $4,991 $762,000 $306,300 $455,700
2023 $4,695 $504,300 $175,000 $329,300
2022 $4,539 $504,300 $175,000 $329,300
2021 $4,468 $504,300 $175,000 $329,300
2020 $4,209 $401,600 $145,700 $255,900
2019 $4,108 $401,600 $145,700 $255,900
2018 $3,996 $401,600 $145,700 $255,900
2017 $3,658 $346,400 $183,000 $163,400
2016 $3,492 $346,400 $183,000 $163,400
2015 $3,443 $346,400 $183,000 $163,400
2014 $3,080 $306,800 $148,700 $158,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Courtney Cammans

    EXPERIENCE Real Estate

  • Jarrod Pequot

    Buyer's Agent in 2019

    Jarrod Pequot

    Edge Realty RI

    (401) 255-9190

    4 in this area

    33 Total Sales

    Jarrod Pequot
    Section Image
  • Steven Rei

    Seller's Agent in 2017

    Steven Rei

    RI Real Estate Services

    (401) 932-5507

    15 in this area

    53 Total Sales

    Steven Rei
    Section Image

  • J

    Buyer's Agent in 2017

    Jeffrey Cammans

    RE/MAX Professionals

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1226525

State-Wide MLS

APN: NARR-001272-000000-000000NR

Rhode Island Washington County Narragansett 02882

75 Allagash Trail, Narragansett, RI

Not Listed for Sale

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