NOT LISTED FOR SALE

9 Clara Ln Narragansett, RI 02882

Estimated Value: $724,000 - $891,000

3 Beds
2 Baths
3,030 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $467,500 $154 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,725/month

64 Days on Market

Highlights

  • Marina
  • Beach Access
  • Raised Ranch Architecture
  • Narragansett Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of July 2020

Spacious 4 bedroom, 2 bath home situated on large lot in desirable Bonnet Shores. 9 rooms for plenty of living space! Updated kitchen and appliances that opens up to a sun-filled dining room. Two level addition in back provides for a bright sunporch and an expansive office. Home features open floor plan and oversized rooms for great entertainment. Two decks to enjoy outdoor living. Lower level with walk-out has been updated and boasts a bright great room, bedroom, bath, home office/den and lots of storage. Interior freshly painted. Ceiling fans throughout. Garage converted to storage room. Huge shed. Short walk to Kelly Beach and all of Bonnet's many amenities. Town water & sewer. Gas available. Most furniture included. Enjoy as a year round residence, summer home or income producing investment property. Move-in condition. Must see!

Last Agent to Sell the Property

Sharon Ford

RI Real Estate Services License #RES.0028353 Listed on: 04/10/2020

RI Real Estate Services

Last Buyer's Agent

Sharon Ford

RI Real Estate Services License #RES.0028353 Listed on: 04/10/2020

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1986

Lot Details

  • 10,598

Home Design

  • Raised Ranch Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Furnished
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 10,598 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 9CLARALANENARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,605

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2433
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1508.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1522.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Parquet, Carpet
  • Interior Amenities: Furnished, Cable TV
  • Living Area: 3030.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10598.0
  • Parcel #: 9CLARALANENARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3605.0
  • Tax Lot: 45
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jul 10, 2020
Sold by
Smith-Mowry Laurie A
Bought by
Hemond Nicholas J and Hemond Amanda R
Seller's Agent
Sharon Ford
RI Real Estate Services
Buyer's Agent
Sharon Ford
RI Real Estate Services
List Price
$495,000
Sold Price
$467,500
Premium/Discount to List
-$27,500
-5.56%
Current Estimated Value
$832,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,492
Avg. Annual Appreciation
11.29%
Original Mortgage
$420,750
Outstanding Balance
$372,260
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$460,732

Purchase Details

Closed on
Oct 1, 2014
Sold by
Smith-Mowry Laurie A and Mith-Mowry Bradley S
Bought by
Smith-Mowry Laurie A

Purchase Details

Closed on
Mar 31, 1998
Sold by
Browning David and Browning Loretta
Bought by
Smith Robert M and Smith Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.96%
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
Hemond Nicholas J $467,500 None Available
Smith-Mowry Laurie A -- --
Smith Robert M $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemond Nicholas J $420,750
Previous Owner Smith Robert M $105,000
Previous Owner Smith Robert M $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $467,500 -5.6% $154 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $495,000 -- $163 / 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 $4,273 $629,300 $193,700 $435,600
2024 $4,122 $629,300 $193,700 $435,600
2023 $4,102 $440,600 $138,300 $302,300
2022 $3,965 $440,600 $138,300 $302,300
2021 $3,904 $440,600 $138,300 $302,300
2020 $3,692 $352,300 $95,100 $257,200
2019 $3,604 $352,300 $95,100 $257,200
2018 $3,505 $352,300 $95,100 $257,200
2017 $3,174 $300,600 $86,000 $214,600
2016 $3,030 $300,600 $86,000 $214,600
2015 $2,988 $300,600 $86,000 $214,600
2014 $3,269 $325,600 $103,200 $222,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1251336

State-Wide MLS

APN: NARR-000045-000000-000000NR