NOT LISTED FOR SALE

8 Laneway Ct Narragansett, RI 02882

Estimated Value: $760,000 - $788,000

4 Beds
2 Baths
1,584 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $470,000 $297 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,501/month

116 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Cul-De-Sac
  • Narragansett Elementary School Rated A
  • Walking Distance to Water
  • Bathtub

About This Home

As of March 2021

Colonial style, newly vinyl sided 2 family home with large fenced yard on a quiet cul-de-sac. Each with 2 bedrooms and 1 bath. Quality features include hardwood floors, tile bath and deck on 2nd floor. 1st Floor apartment includes partially finished basement. Fantastic investment opportunity for owner occupied with additional rental unit or strictly investment use. Ideal for URI or Bay Campus. 5-minute walk to E.J. Laundrie Memorial private beach with kayak access to Narrow River. Short drive to Narragansett Town Beach, shopping, dining, and easy access to the highway and railroad making the trip to Newport, Providence, New York, and Boston convenient.

Last Agent to Sell the Property

Beth DeSista

Residential Properties Ltd. License #RES.0045307 Listed on: 10/23/2020

Last Buyer's Agent

Beth DeSista

Residential Properties Ltd. License #RES.0045307 Listed on: 10/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1970

Lot Details

  • 10,062 Sq Ft Lot
  • Cul-De-Sac
  • Fenced

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 4
  • Assessor Parcel Number 8LANEWAYCTNARR

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Pettaquamscutt Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,497

Year Built

Built in 1970

Lot Details

10,062 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.231
  • Subdivision Name: Pettaquamscutt
  • Above Grade Finished Sq Ft: 1584.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10062.0
  • Parcel #: 8LANEWAYCTNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2497.0
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Mar 18, 2021
Sold by
Decubellis John E and Decubellis Margaret R
Bought by
Jadra A Catauro T
Seller's Agent
Beth DeSista
Residential Properties Ltd.
Buyer's Agent
Beth DeSista
Residential Properties Ltd.
List Price
$549,000
Sold Price
$470,000
Premium/Discount to List
-$79,000
-14.39%
Current Estimated Value
$769,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,805
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Feb 23, 1998
Sold by
Raymond Joseph J and Raymond Carol
Bought by
Fuller Eileen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,660
Interest Rate
6.9%
Source: Public Records
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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
Jadra A Catauro T $470,000 None Available
Fuller Eileen B $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Eileen B $69,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $470,000 -14.4% $297 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
10/23/2020 10/23/20 For Sale $549,000 -- $347 / Sq Ft
Source: State-Wide MLS

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 $4,651 $685,000 $208,700 $476,300
2024 $4,487 $685,000 $208,700 $476,300
2023 $3,964 $425,800 $149,100 $276,700
2022 $3,832 $425,800 $149,100 $276,700
2021 $3,773 $425,800 $149,100 $276,700
2020 $2,497 $238,300 $101,600 $136,700
2019 $2,438 $238,300 $101,600 $136,700
2018 $2,371 $238,300 $101,600 $136,700
2017 $2,338 $221,400 $108,700 $112,700
2016 $2,232 $221,400 $108,700 $112,700
2015 $2,201 $221,400 $108,700 $112,700
2014 $2,166 $215,700 $103,000 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1268289

State-Wide MLS

APN: NARR-000025-N000000A-000004

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