NOT LISTED FOR SALE

85 Wampum Rd Narragansett, RI 02882

Estimated Value: $720,391 - $809,000

4 Beds
2 Baths
1,188 Sq Ft
$646/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $265,000 $223 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,149/month

24 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Walking Distance to Water
  • Narragansett Elementary School Rated A
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of June 2017

ESTATE SALE. Rare duplex located across from the entrance to Bonnet Shores. $900/month-to-month renter on one side; other side is vacant. Needs cosmetics and some updates, but what a great opportunity for an owner-occupied starter! Nice private back yard with a deck to appreciate nature. Perfect for URI students, beach renters... Start to build your real estate portfolio! This one won't last long, so make an appointment to see it before it's gone!

Last Agent to Sell the Property

Jean Allard

Keystone Real Estate Group License #RES.0034154 Listed on: 04/20/2017

Last Buyer's Agent

Robin Leclerc

Residential Properties Ltd. License #RES.0035702

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1971

Lot Details

  • 0.28

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Additional Features

  • Walking Distance to Water
  • 0.28 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 424 / E
  • Assessor Parcel Number 85WampumRDNARR

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,197

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Above Grade Finished Sq Ft: 1188.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1971
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12000.0
  • Parcel #: 85WampumRDNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2197.0
  • Tax Block: E
  • Tax Lot: 424
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 15, 2017
Sold by
Wright Jeffrey
Bought by
Kaye Gary and Kaye Susan
Seller's Agent
Jean Allard
Keystone Real Estate Group
Buyer's Agent
Robin Leclerc
Residential Properties Ltd.
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Current Estimated Value
$703,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,336
Avg. Annual Appreciation
13.98%

Purchase Details

Closed on
Mar 23, 1981
Bought by
Wright Judith A
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
Kaye Gary $265,000 --
Wright Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Judith A $75,000
Previous Owner Wright Judith A $50,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2017 06/14/17 Sold $265,000 -1.9% $223 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $270,000 -- $227 / 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 $3,578 $546,300 $212,800 $333,500
2023 $3,228 $346,700 $152,000 $194,700
2022 $3,120 $346,700 $152,000 $194,700
2021 $3,072 $346,700 $152,000 $194,700
2020 $2,630 $251,000 $103,500 $147,500
2019 $2,568 $251,000 $103,500 $147,500
2018 $2,497 $251,000 $103,500 $147,500
2017 $2,306 $218,400 $109,600 $108,800
2016 $2,201 $218,400 $109,600 $108,800
2015 $2,171 $218,400 $109,600 $108,800
2014 $2,179 $217,000 $103,800 $113,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1157132

State-Wide MLS

APN: NARR-000424-000000-000000NE