NOT LISTED FOR SALE

8 Schooner Cove Ln Narragansett, RI 02882

Estimated Value: $1,133,000 - $1,306,000

4 Beds
2.5 Baths
2,653 Sq Ft
$454/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $500,000 $188 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $7,097/month

112 Days on Market

Highlights

  • Marina
  • Water Views
  • 1.2 Acre Lot
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 4-minute walk to Fishermen's Memorial State Park

About This Home

As of April 2015

Walk to beach from this 4 bed, 2 1/2 bath Colonial. 1+ acres, meticulously maintained, granite kitchen w/ SS appliances, open layout, formal dining, family rm w/ FP, hardwds, central A/C,finished LL,master suite,2 car garage, town water & sewer.

Last Agent to Sell the Property

Marnee Grzebien

Mott & Chace Sotheby's Intl. License #RES.0029369 Listed on: 11/21/2014

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Jason Ferri

RE/MAX Professionals License #RES.0034451

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,679

Year Built

  • Built in 2004

Lot Details

  • 1.2

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Marble Fireplace
  • Thermal Windows
  • Storage Room
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

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

Additional Features

  • 1.2 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 225-9
  • Assessor Parcel Number 8SCHOONERCOVELANENARR

Community Details

Overview

  • Ocean Meadows Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,679

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Subdivision Name: OCEAN MEADOWS
  • Above Grade Finished Sq Ft: 2113.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 540.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 2653.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • 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: 600.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 52272.0
  • Parcel #: 8SCHOONERCOVELANENARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4679.0
  • Tax Lot: 225-9
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Apr 13, 2015
Sold by
Johnson Robert G
Bought by
Hassett Diane T and Hassett Matthew J
Seller's Agent
Marnee Grzebien
Mott & Chace Sotheby's Intl.
Buyer's Agent
Jason Ferri
RE/MAX Professionals
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$1,204,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,236
Avg. Annual Appreciation
9.06%
Original Mortgage
$400,000
Outstanding Balance
$318,711
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$911,927
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
Hassett Diane T $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassett Diane T $100,000
Open Johnston Robert G $400,000
Previous Owner Johnston Robert G $200,000
Previous Owner Johnston Robert G $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $500,000 -4.8% $188 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $525,000 -- $198 / 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 $5,837 $891,100 $345,800 $545,300
2023 $5,972 $641,500 $256,500 $385,000
2022 $5,774 $641,500 $256,500 $385,000
2021 $5,684 $641,500 $256,500 $385,000
2020 $6,046 $576,900 $243,000 $333,900
2019 $5,902 $576,900 $243,000 $333,900
2018 $5,740 $576,900 $243,000 $333,900
2017 $5,512 $522,000 $238,200 $283,800
2016 $5,262 $522,000 $238,200 $283,800
2015 $5,189 $522,000 $238,200 $283,800
2014 $4,679 $466,000 $191,200 $274,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marnee Grzebien

    Mott & Chace Sotheby's Intl.

    Section Image
  • Jason Ferri

    Buyer's Agent in 2015

    Jason Ferri

    RE/MAX Professionals

    (401) 952-0447

    45 Total Sales

    Jason Ferri
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1083936

State-Wide MLS

APN: NARR-000225-L000000-000009

Rhode Island Washington County Narragansett 02882

8 Schooner Cove Ln, Narragansett, RI

This home is located at 8 Schooner Cove Ln, Narragansett, RI 02882 since 21 November 2014 and is currently estimated at $1,204,236, approximately $453 per square foot. This property was built in 2004. 8 Schooner Cove Ln is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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