NOT LISTED FOR SALE

85 Bonnet Point Rd Narragansett, RI 02882

Estimated Value: $726,000 - $901,000

3 Beds
2 Baths
1,347 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $480,000 $356 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,462/month

10 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Cathedral Ceiling
  • Attic

About This Home

As of October 2020

Meticulously maintained 3 bedroom PLUS with this authentic Log Cabin, includes LOFT with additional sleeping in sought after Bonnet Shores.Sleeps 10-12 . Many modern updates & amenities with a strong Air B&B rental history. Guests can entertain or relax on spacious front enclosed heated porch. Living room with skylights, cathedral ceiling and stone fireplace. Split systems add air conditioning . Great loft for extra living space and storage. Shed and Outdoor shower. Steps from the water for swimming, kayaking or fishing...perhaps install a rooftop deck for great water views!

Last Agent to Sell the Property

The Platinum Group

RE/MAX Professionals Listed on: 09/18/2020

RE/MAX Professionals

Co-Listed By

Lori Delsesto

RE/MAX Professionals License #RES.0040811

Last Buyer's Agent

Sally Hersey

Williams & Stuart Real Estate License #RES.0032723

Williams & Stuart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1937

Lot Details

  • 7,401 Sq Ft Lot

Home Design

  • Cottage
  • Log Cabin
  • Bungalow
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,347 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Water Views
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot NR
  • Assessor Parcel Number 85BONNETPOINTRDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1699
  • Co List Office Mls Id: RMAX02
  • Co List Office Phone: 401-884-6050
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1347.0
  • Architectural Style: Bungalow, Cabin/Cottage, Log Home
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1937
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Other, Carpet
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Tub Shower, Furnished
  • Living Area: 1347.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7401.0
  • Parcel #: 85BONNETPOINTRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2992.0
  • Tax Lot: NR
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 28, 2020
Sold by
Temple Frederick F and Tremble Suzanne
Bought by
Ferraro Christopher A and Ferraro Barbara P
Seller's Agent
The Platinum Group
RE/MAX Professionals
Buyer's Agent
Sally Hersey
Williams & Stuart Real Estate
List Price
$479,000
Sold Price
$480,000
Premium/Discount to List
$1,000
0.21%
Current Estimated Value
$808,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,970
Avg. Annual Appreciation
10.84%
Original Mortgage
$380,000
Outstanding Balance
$337,990
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$470,980

Purchase Details

Listed on
Sep 13, 2018
Closed on
Mar 8, 2019
Sold by
Kelly Winifred A
Bought by
Tremble Frederick F and Tremble Suzanne
Seller's Agent
Sharon Ford
RI Real Estate Services
Buyer's Agent
Lori Delsesto
RE/MAX Professionals
List Price
$349,000
Sold Price
$313,000
Premium/Discount to List
-$36,000
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.58%
Original Mortgage
$173,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2018
Sold by
Kelley Winifred A and Kelley Marie C
Bought by
Barry Judith F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferraro Christopher A $480,000 None Available
Tremble Frederick F $313,000 --
Barry Judith F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Christopher A $380,000
Previous Owner Tremble Frederick F $173,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $480,000 +0.2% $356 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $479,000 +53.0% $356 / Sq Ft
03/08/2019 03/08/19 Sold $313,000 -10.3% $232 / Sq Ft View Prior Sale
02/06/2019 02/06/19 Pending -- -- --
09/13/2018 09/13/18 For Sale $349,000 -- $259 / 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 $2,438 $359,100 $358,000 $1,100
2024 $4,128 $630,200 $358,000 $272,200
2023 $3,817 $410,000 $204,500 $205,500
2022 $3,690 $410,000 $204,500 $205,500
2021 $3,633 $410,000 $204,500 $205,500
2020 $2,992 $285,500 $170,300 $115,200
2019 $2,921 $285,500 $170,300 $115,200
2018 $2,841 $285,500 $170,300 $115,200
2017 $2,984 $282,600 $203,300 $79,300
2016 $2,849 $282,600 $203,300 $79,300
2015 $2,809 $282,600 $203,300 $79,300
2014 $3,094 $308,200 $206,500 $101,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    The Platinum Group

    RE/MAX Professionals

    Section Image
  • Lori Delsesto

    Seller Co-Listing Agent in 2020

    Lori Delsesto

    RE/MAX Professionals

    (401) 954-7400

    2 in this area

    39 Total Sales

    Lori Delsesto
    Section Image
  • Sally Hersey

    Buyer's Agent in 2020

    Sally Hersey

    Williams & Stuart Real Estate

    (401) 440-7030

    6 in this area

    85 Total Sales

    Sally Hersey
    Section Image
  • Sharon Ford

    Seller's Agent in 2019

    Sharon Ford

    RI Real Estate Services

    (401) 440-2954

    35 in this area

    52 Total Sales

    Sharon Ford
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1265059

State-Wide MLS

APN: NARR-001249-N000000R-A000000

Rhode Island Washington County Narragansett 02882

85 Bonnet Point Rd, Narragansett, RI

Not Listed for Sale

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