NOT LISTED FOR SALE

77 Wheatfield Cove Rd Narragansett, RI 02882

Estimated Value: $1,448,000 - $2,962,000

0.49 Acre
$4,816,955 Price per Acre
21,344 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $840,000

Est. 181% increase in value since last sale

Current estimated payment $13,966/month

196 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Barn

About This Lot

As of October 2020

WATERFRONT LOT SITUATED ON POINT JUDITH POND IN HARBOUR ISLAND WITH PERMITTED DOCK AND BOAT LAUNCH. BUILD YOUR DREAM HOME ON THIS SPECTACULAR PENISULA. PANORAMIC VIEWS & WATER ACCESS TO OCEAN. ENJOY HARBOUR ISLAND'S COMMUNITY, EVENTS AND SUMMER FUN. PLEASE ALSO SEE MLS#1249116 & 1249097 FOR A UNIQUE OFFERING OF ALL 3 PROPERTIES.

Last Agent to Sell the Property

David Carty

CARTY REALTY License #REB.0016121 Listed on: 03/06/2020

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121 Listed on: 03/06/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,807

Lot Details

  • 0.49 Acre Lot
  • Beach Front
  • Corner Lot
  • Level Lot
  • Property is zoned R-20

Additional Features

  • Water Views
  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 235
  • Assessor Parcel Number 77WHEATFIELDCOVERDNARR

Community Details

Overview

  • Harbour Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Water Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$7,807

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.49
  • Road Surface Type: Gravel
  • Subdivision Name: HARBOUR ISLAND
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Waterfront, Level
  • Topography: Level
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Other Structures: Barn(s)

Utilities

  • Utilities: None, Water Available
  • Water Source: Not 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
  • Association Fee Frequency: Annually

Lot Info

  • Current Use: Residential
  • Development Status: Other
  • Land Lease: No
  • Lot Size Sq Ft: 21519.0
  • Parcel #: 77WHEATFIELDCOVERDNARR
  • Zoning Description: Residential
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7807.0
  • Tax Lot: 235
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Lipinski David J
Bought by
Lipinski David J and Lipinski Geeta
Current Estimated Value
$2,360,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$926,077
Interest Rate
5.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,268,770

Purchase Details

Closed on
Mar 2, 2021
Sold by
Pacific Premier T
Bought by
Lipinski David J

Purchase Details

Listed on
Mar 6, 2020
Closed on
Oct 19, 2020
Sold by
Gaess Linda A
Bought by
Pacific Premier T
Seller's Agent
David Carty
CARTY REALTY
Buyer's Agent
David Carty
CARTY REALTY
List Price
$999,000
Sold Price
$840,000
Premium/Discount to List
-$159,000
-15.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.95%
Source: Public Records

Range of Values:

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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
Lipinski David J -- None Available
Lipinski David J -- None Available
Lipinski David J -- None Available
Lipinski David J -- None Available
Pacific Premier T $840,000 None Available
Pacific Premier T $840,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipinski David J $950,000
Closed Lipinski David J $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $840,000 -15.9% --
09/19/2020 09/19/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $999,000 -- --
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 $13,257 $2,024,000 $1,259,700 $764,300
2023 $9,539 $1,024,600 $868,700 $155,900
2022 $7,887 $876,300 $868,700 $7,600
2021 $7,764 $876,300 $868,700 $7,600
2020 $7,998 $763,200 $758,700 $4,500
2019 $7,808 $763,200 $758,700 $4,500
2018 $7,594 $763,200 $758,700 $4,500
2017 $7,221 $683,800 $679,700 $4,100
2016 $6,893 $683,800 $679,700 $4,100
2015 $6,797 $683,800 $679,700 $4,100
2014 $6,865 $683,800 $679,700 $4,100
Source: Public Records

Agents Affiliated with this Home

  • David Carty

    Seller's Agent in 2020

    David Carty

    CARTY REALTY

    (401) 662-9600

    43 in this area

    86 Total Sales

    David Carty
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Map

Source: State-Wide MLS

MLS Number: 1249119

State-Wide MLS

APN: NARR-000235-000000-Y000001

Rhode Island Washington County Narragansett 02882

77 Wheatfield Cove Rd, Narragansett, RI

This home is located at 77 Wheatfield Cove Rd, Narragansett, RI 02882 since 06 March 2020 and is currently estimated at $2,360,308. 77 Wheatfield Cove 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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