NOT LISTED FOR SALE

8 Jakes Way Narragansett, RI 02882

Estimated Value: $934,000 - $1,185,000

3 Beds
2.5 Baths
2,581 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $650,000 $252 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,623/month

209 Days on Market

Highlights

  • Marina
  • Water Views
  • Spa
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 3-minute walk to Narragansett Parks & Rec Department

About This Home

As of July 2014

Striking End-Unit Condominium w/Seasonal Ocean Views. 3-4 Bedrooms, Open Floor Plan with Soaring Ceilings,Master Suites on lst&2nd Floors. Hardwood Floors,Central AC,Granite,2 Gas Fireplaces, 2Car Garage,Private Patio & Walking Distance To The Beach!

Last Agent to Sell the Property

Laureen Koch

Lila Delman Compass License #RES.0035145 Listed on: 12/01/2013

Last Buyer's Agent

Vilma Moclair

Flagship Real Estate Advisors License #RES.0017343

Flagship Real Estate Advisors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,608

Year Built

  • Built in 2005

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,581 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Marble Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • Water Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 8JAKESWY8NARR

Community Details

Overview

  • 12 Units
  • Scarborough Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,608

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Scarborough
  • Above Grade Finished Sq Ft: 2581.0
  • Building Name: CLARKE PLACE
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Gas, Marble
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Central Vacuum, Cable TV
  • Living Area: 2581.0
  • Dining Room Type: Dining Room, Kitchen, Laundry, Living Room, Master Bedroom
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Porch, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 8JAKESWY8NARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 5608.5
  • Tax Lot: 22
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2013
Closed on
Jul 29, 2014
Sold by
Dunphy Lynne M and Dunphy James T
Bought by
Zubrow Leeann
Seller's Agent
Laureen Koch
Lila Delman Compass
Buyer's Agent
Vilma Moclair
Flagship Real Estate Advisors
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%
Current Estimated Value
$1,084,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,928
Avg. Annual Appreciation
4.67%
Original Mortgage
$200,000
Outstanding Balance
$147,764
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$937,164
Source: Public Records

Range of Values:

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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
Zubrow Leeann $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zubrow Leeann $200,000
Previous Owner Zubrow Leeann $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 Sold $650,000 -1.4% $252 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
12/01/2013 12/01/13 For Sale $659,000 -- $255 / 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 $6,401 $942,700 $0 $942,700
2024 $6,175 $942,700 $0 $942,700
2023 $6,369 $684,100 $0 $684,100
2022 $6,157 $684,100 $0 $684,100
2021 $6,061 $684,100 $0 $684,100
2020 $6,535 $623,600 $0 $623,600
2019 $6,379 $623,600 $0 $623,600
2018 $6,152 $618,300 $0 $618,300
2017 $6,558 $621,000 $0 $621,000
2016 $6,260 $621,000 $0 $621,000
2015 $6,173 $621,000 $0 $621,000
2014 $5,746 $572,300 $0 $572,300
Source: Public Records

Agents Affiliated with this Home

  • Laureen Koch

    Seller's Agent in 2014

    Laureen Koch

    Lila Delman Compass

    (401) 447-3062

    13 in this area

    41 Total Sales

    Laureen Koch
    Section Image
  • Vilma Moclair

    Buyer's Agent in 2014

    Vilma Moclair

    Flagship Real Estate Advisors

    (401) 741-2322

    3 in this area

    9 Total Sales

    Vilma Moclair
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1056186

State-Wide MLS

APN: NARR-000022-V000000-000211

Rhode Island Washington County Narragansett 02882

8 Jakes Way, Narragansett, RI

This home is located at 8 Jakes Way, Narragansett, RI 02882 since 01 December 2013 and is currently estimated at $1,084,928, approximately $420 per square foot. This property was built in 2005. 8 Jakes Way 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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