NOT LISTED FOR SALE

84 King Philip Rd Narragansett, RI 02882

Estimated Value: $1,817,000 - $2,082,000

5 Beds
3 Baths
2,951 Sq Ft
$669/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $1,125,000 $381 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,368/month

46 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Deck
  • Narragansett Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of July 2020

This iconic Bonnet Shores waterfront home has been a family treasure for generations. Now it’s ready to become YOUR legacy. Enjoy stunning views of the Bay, bridges and beyond. Just steps to Little Beach and all it has to offer—swimming, clamming and kayaking. Hop on the local beach bus or stroll to Kelly’s beach and Bonnet Shores Beach Club. An all brick home, this 5 bed/3 bath Colonial is perfect for year-round living, investment or Summer vacationing. First floor has a Master suite, Formal dining room, Family Room with fireplace and a lovely sunroom. The additional four bedrooms on the upper level provide ample room for guests. Relax on your spacious deck and watch the boats go by, with historic Newport and Jamestown just minutes away. This is truly coastal living at its best. Interior virtual tour available upon request.

Last Agent to Sell the Property

Bonnie Kaplan

Mott & Chace Sotheby's Intl. License #RES.0028085 Listed on: 05/01/2020

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Bonnie Kaplan

Mott & Chace Sotheby's Intl. License #RES.0028085 Listed on: 05/01/2020

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,977

Year Built

  • Built in 1945

Lot Details

  • 0.28 Acre Lot
  • Beach Front

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,951 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater
  • Cable TV Available

Community Details

  • Bonnet Shores Subdivision

Listing and Financial Details

  • Tax Lot 400
  • Assessor Parcel Number 84KINGPHILIPRDNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,977

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2765
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 2951.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Skylights, Tub Shower, Cable TV
  • Living Area: 2951.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Brick
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Ductless, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hydro Air, Hot Water, Individual, Oil, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12044.0
  • Parcel #: 84KINGPHILIPRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9977.0
  • Tax Lot: 400
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 20, 2020
Sold by
Edward P Garrahy Ret
Bought by
Edward P Garrahy Ret
Seller's Agent
Bonnie Kaplan
Mott & Chace Sotheby's Intl.
Buyer's Agent
Bonnie Kaplan
Mott & Chace Sotheby's Intl.
List Price
$1,350,000
Sold Price
$1,125,000
Premium/Discount to List
-$225,000
-16.67%
Current Estimated Value
$1,972,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,916
Avg. Annual Appreciation
11.32%

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 17, 2020
Sold by
Mary M Garrahy Ret
Bought by
Deborah Pannullo Irt
Seller's Agent
Bonnie Kaplan
Mott & Chace Sotheby's Intl.
Buyer's Agent
Bonnie Kaplan
Mott & Chace Sotheby's Intl.
List Price
$1,350,000
Sold Price
$1,125,000
Premium/Discount to List
-$225,000
-16.67%
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
Edward P Garrahy Ret -- None Available
Deborah Pannullo Irt -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $1,125,000 -16.7% $381 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,350,000 -- $457 / 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 $10,893 $1,663,000 $1,058,400 $604,600
2023 $10,247 $1,100,600 $622,600 $478,000
2022 $9,905 $1,100,600 $622,600 $478,000
2021 $9,751 $1,100,600 $622,600 $478,000
2020 $10,115 $965,200 $589,400 $375,800
2019 $9,874 $965,200 $589,400 $375,800
2018 $9,604 $965,200 $589,400 $375,800
2017 $10,010 $947,900 $649,100 $298,800
2016 $9,555 $947,900 $649,100 $298,800
2015 $9,422 $947,900 $649,100 $298,800
2014 $9,509 $947,100 $657,800 $289,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1252730

State-Wide MLS

APN: NARR-000400-000000-000000NR