NOT LISTED FOR SALE

8 Conanicus Rd Narragansett, RI 02882

Estimated Value: $732,000 - $1,134,000

4 Beds
2 Baths
2,084 Sq Ft
$402/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $182,000 $87 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $4,750/month

28 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Thermal Windows

About This Home

As of April 2013

Unbelieveably rare opportunity to own a 2 family in Narraganset, close to URI, Bonnett Shores, Some TLC will make this a great investment, Great past rental history to Grad students

Last Agent to Sell the Property

Daniel Marantz

BHHS New England Properties License #RES.0031334 Listed on: 02/26/2013

BHHS New England Properties

Last Buyer's Agent

Daniel Marantz

BHHS New England Properties License #RES.0031334 Listed on: 02/26/2013

BHHS New England Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1971

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Fixer Upper
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 313
  • Assessor Parcel Number 8CONANICUSRDNARR

Community Details

Overview

  • 2 Units
  • Near Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,738

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Subdivision Name: NEAR BONNET SHORES
  • Above Grade Finished Sq Ft: 2084.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Cable TV, Wood Burning Stove
  • Living Area: 2084.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 8CONANICUSRDNARR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2738.0
  • Tax Lot: 313
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
Apr 22, 2013
Sold by
Turcotte Stephen P and Peters Margaret M
Bought by
150 Carolina Inc
Seller's Agent
Daniel Marantz
BHHS New England Properties
Buyer's Agent
Daniel Marantz
BHHS New England Properties
List Price
$255,000
Sold Price
$182,000
Premium/Discount to List
-$73,000
-28.63%
Current Estimated Value
$838,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,705
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Mooney Thomas R and Mooney Michaela
Bought by
Turcotte Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,945
Interest Rate
8.49%
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
150 Carolina Inc $182,000 --
Turcotte Stephen P $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turcotte Stephen P $148,500
Previous Owner Turcotte Stephen P $144,750
Previous Owner Turcotte Stephen P $142,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $182,000 -28.6% $87 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $255,000 -- $122 / 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 $3,631 $554,300 $208,600 $345,700
2023 $3,583 $384,900 $149,000 $235,900
2022 $3,464 $384,900 $149,000 $235,900
2021 $3,410 $384,900 $149,000 $235,900
2020 $3,290 $313,900 $101,500 $212,400
2019 $3,211 $313,900 $101,500 $212,400
2018 $3,123 $313,900 $101,500 $212,400
2017 $3,096 $293,200 $108,700 $184,500
2016 $2,955 $293,200 $108,700 $184,500
2015 $2,914 $293,200 $108,700 $184,500
2014 $2,898 $288,600 $103,000 $185,600
Source: Public Records

Agents Affiliated with this Home

  • Daniel Marantz

    Seller's Agent in 2013

    Daniel Marantz

    BHHS New England Properties

    (401) 487-6654

    14 Total Sales

    Daniel Marantz
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Map

Source: State-Wide MLS

MLS Number: 1034488

State-Wide MLS

APN: NARR-000313-000000-000000NE

Rhode Island Washington County Narragansett 02882

8 Conanicus Rd, Narragansett, RI

This home is located at 8 Conanicus Rd, Narragansett, RI 02882 since 26 February 2013 and is currently estimated at $838,705, approximately $402 per square foot. This property was built in 1971. 8 Conanicus 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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