NOT LISTED FOR SALE

8 Knowlesway Narragansett, RI 02882

Estimated Value: $1,237,000 - $1,389,298

3 Beds
2 Baths
1,560 Sq Ft
$824/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $879,000 $563 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,455/month

87 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Narragansett Elementary School Rated A
  • Beach Access
  • Colonial Architecture

About This Home

As of January 2021

BEAUTIFUL 3 BEDROOM COLONIAL WITH SPECTACULAR VIEWS OF ATLANTIC OCEAN AND A STONE'S THROW TO SCARBOROUGH BEACH. PROPERTY WAS COMPLETELY RENOVATED IN 2006 BY CATALDO BUILDERS. FEATURES INCLUDE OPEN FLOOR PLAN WITH FIRST FLOOR BEDROOM, MASTER BEDROOM & GUEST BEDROOM WITH SLIDERS OUT TO PRIVATE DECK OVERLOOKING OCEAN, KITCHEN WITH CENTER ISLAND, LIVING ROOM WITH GAS FIREPLACE. THIS PROPERTY HAS IT ALL, NATURAL GAS, TOWN SEWER & WATER, WHOLE HOUSE GENERATOR, OVERSIZED 2 CAR GARAGE WITH STORAGE. EXPANSION POTENTIAL ON 3RD FLOOR.
FOR YOUR CONVENIENCE AFTER A LONG DAY AT THE BEACH, ENJOY THE OUTDOOR SHOWER AND PRIVATE DECK AREA OVERLOOKING BACK YARD.

Last Agent to Sell the Property

David Carty

CARTY REALTY License #REB.0016121 Listed on: 09/25/2020

Last Buyer's Agent

Karen O'Connor

KEY Real Estate Services License #REB.0019707

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,995

Year Built

  • Built in 1947

Lot Details

  • 6,750 Sq Ft Lot
  • Security Fence
  • Property is zoned R-10

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 433
  • Assessor Parcel Number 8KNOWLESWAYNARR

Community Details

Overview

  • Scarborough Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,995

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.155
  • Subdivision Name: SCARBOROUGH
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1947
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1560.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6750.0
  • Parcel #: 8KNOWLESWAYNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5995.0
  • Tax Lot: 433
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Jan 19, 2021
Sold by
Murphy Kathleen M
Bought by
Davis Douglas R and Littman Rachel J
Seller's Agent
David Carty
CARTY REALTY
Buyer's Agent
Karen O'Connor
KEY Real Estate Services
List Price
$949,000
Sold Price
$879,000
Premium/Discount to List
-$70,000
-7.38%
Current Estimated Value
$1,285,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,075
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Hynes Thomas F
Bought by
Murphy Kathleen M
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
Davis Douglas R $879,000 None Available
Murphy Kathleen M $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Kathleen M $366,000
Previous Owner Murphy Kathleen M $360,000
Previous Owner Murphy Kathleen M $324,000
Previous Owner Murphy Kathleen M $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $879,000 -7.4% $563 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $949,000 -- $608 / 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 $7,707 $1,176,700 $663,200 $513,500
2023 $7,352 $789,700 $430,600 $359,100
2022 $7,107 $789,700 $430,600 $359,100
2021 $6,997 $789,700 $430,600 $359,100
2020 $5,996 $572,100 $332,300 $239,800
2019 $5,853 $572,100 $332,300 $239,800
2018 $5,692 $572,100 $332,300 $239,800
2017 $5,532 $523,900 $342,400 $181,500
2016 $5,281 $523,900 $342,400 $181,500
2015 $5,208 $523,900 $342,400 $181,500
2014 $5,672 $564,900 $389,100 $175,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1265769

State-Wide MLS

APN: NARR-000433-000000-K000000