NOT LISTED FOR SALE

85 Central St Narragansett, RI 02882

Estimated Value: $2,108,000 - $3,095,000

5 Beds
3.5 Baths
4,412 Sq Ft
$550/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $1,100,000 $249 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $14,341/month

83 Days on Market

Highlights

  • Marina
  • Beach Access
  • Antique Architecture
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of January 2017

Charm & elegance abound in historic "Shadowlawn"ca.1887.Exquisitely restored-gourmet kitchen,2 fireplcs,coffered ceilings,Fir flrs,handcrafted beadboard,lush grounds,potting shed.In the heart of the Pier,this family home's a timeless & tranquil haven

Last Agent to Sell the Property

Nicole Harding

Lila Delman Compass License #RES.0029555 Listed on: 10/01/2016

Co-Listed By

Dan Harding

Lila Delman Compass License #RES.0032455

Last Buyer's Agent

Dan Harding

Lila Delman Compass License #RES.0032455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,824

Year Built

  • Built in 1887

Lot Details

  • 0.36 Acre Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Antique Architecture
  • Victorian Architecture
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,412 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Gas Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Power Generator
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 85CENTRALSTNARR

Community Details

Overview

  • Narragansett Pier Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,824

Year Built

Built in 1887

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: NARRAGANSETT PIER BEACH
  • Above Grade Finished Sq Ft: 4412.0
  • Architectural Style: Historic/Antique, Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1887
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 4412.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil, Radiant, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15682.0
  • Parcel #: 85CENTRALSTNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7824.0
  • Tax Lot: 91
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Jan 23, 2017
Sold by
Langton 3Rd Raymond B and Nash Jane
Bought by
Meringolo Richard A and Meringolo Kathleen H
Seller's Agent
Nicole Harding
Lila Delman Compass
Buyer's Agent
Dan Harding
Lila Delman Compass
List Price
$1,295,000
Sold Price
$1,100,000
Premium/Discount to List
-$195,000
-15.06%
Current Estimated Value
$2,425,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,325,233
Avg. Annual Appreciation
9.31%
Original Mortgage
$880,000
Outstanding Balance
$735,905
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,618,415

Purchase Details

Closed on
Dec 18, 2009
Sold by
Boghossian 3Rd Leon C
Bought by
Langton 4Th Raymond B and Langton Tyler J

Purchase Details

Closed on
May 23, 2006
Sold by
Moore William J
Bought by
Langton 3Rd Raymond B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Meringolo Richard A $1,100,000 --
Langton 4Th Raymond B -- --
Langton 3Rd Raymond B $1,040,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meringolo Richard A $880,000
Previous Owner Moore Elizabeth R $960,000
Previous Owner Moore Elizabeth R $280,000
Previous Owner Moore Elizabeth R $295,000
Previous Owner Moore Elizabeth R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $1,100,000 -15.1% $249 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $1,295,000 -- $294 / 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 $12,738 $1,944,800 $573,800 $1,371,000
2023 $10,558 $1,134,000 $390,400 $743,600
2022 $10,206 $1,134,000 $390,400 $743,600
2021 $10,047 $1,134,000 $390,400 $743,600
2020 $8,645 $824,900 $294,100 $530,800
2019 $8,439 $824,900 $294,100 $530,800
2018 $8,208 $824,900 $294,100 $530,800
2017 $8,229 $779,300 $258,100 $521,200
2016 $7,855 $779,300 $258,100 $521,200
2015 $7,746 $779,300 $258,100 $521,200
2014 $7,887 $785,600 $258,100 $527,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1138243

State-Wide MLS

APN: NARR-000091-000000-D000000