NOT LISTED FOR SALE

9 Lilly Ln Narragansett, RI 02882

Estimated Value: $697,000 - $833,000

5 Beds
3 Baths
2,006 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $453,750 $226 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,420/month

60 Days on Market

Highlights

  • Marina
  • Deck
  • Cathedral Ceiling
  • Narragansett Elementary School Rated A
  • Raised Ranch Architecture
  • Furnished

About This Home

As of September 2019

Bonnet Shores Investment Home! Rents in place for summer and academic year with great rental history. Strong income producing property perfect for investor year round or for use as a summer home with winter rental. 5 bedrooms, 3 baths, laundry room, great rec room with sliders to fenced back yard, vaulted ceilings with open living concept and sliders to deck on upper level. Property is on town water and sewer with energy efficient gas heat and hot water. Ample parking and Central air is a big plus! Comes as a turnkey property with professional management option in place.

Last Agent to Sell the Property

Louis Upham

Coldwell Banker Realty License #RES.0028259 Listed on: 06/21/2019

Coldwell Banker Realty

Last Buyer's Agent

Thomas Morrill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1987

Lot Details

  • 6,900 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Raised Ranch Architecture
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • 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

  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 9LILLYLANENARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,662

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1584
  • Subdivision Name: BONNET SHORES
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 926.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Furnished
  • Living Area: 2006.0
  • Dining Room Type: Bathroom, Bedroom, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Wood Siding, Vinyl Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6900.0
  • Parcel #: 9LILLYLANENARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3662.0
  • Tax Lot: 72
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Bombard Todd
Bought by
Summerhill Llc
Current Estimated Value
$769,820

Purchase Details

Listed on
Jun 21, 2019
Closed on
Sep 19, 2019
Sold by
Postma Frank B and Postma Rebecca B
Bought by
Bombard Todd
Seller's Agent
Louis Upham
Coldwell Banker Realty
Buyer's Agent
Thomas Morrill
List Price
$470,000
Sold Price
$453,750
Premium/Discount to List
-$16,250
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$338,250
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 21, 2017
Closed on
May 5, 2017
Sold by
Kerziner Ross J
Bought by
Postma Rebecca B and Postma Frank B
Seller's Agent
Lori Eley
Residential Properties Ltd.
Buyer's Agent
Louis Upham
RE/MAX Profnl. Newport, Inc.
List Price
$429,000
Sold Price
$419,000
Premium/Discount to List
-$10,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$335,200
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2014
Sold by
Kerziner Robert
Bought by
Kerziner Ross J

Purchase Details

Closed on
Jun 1, 2010
Sold by
Spindle & Kovar Fine Llc
Bought by
Kerziner Robert and Kerziner Ross J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.11%

Purchase Details

Closed on
Mar 12, 2001
Sold by
Caldarone Alfred P
Bought by
Mcnaughton William D

Purchase Details

Closed on
Apr 6, 1995
Sold by
Bankers Trust Co
Bought by
Caldarone Alfred Peter
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
Summerhill Llc -- None Available
Bombard Todd $453,750 --
Postma Rebecca B $419,000 --
Kerziner Ross J $100,000 --
Kerziner Robert -- --
Mcnaughton William D $190,000 --
Caldarone Alfred Peter $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bombard Todd $338,250
Previous Owner Postma Rebecca B $335,200
Previous Owner Caldarone Alfred Peter $220,000
Previous Owner Caldarone Alfred Peter $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2019 09/20/19 Sold $453,750 -3.5% $226 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $470,000 +12.2% $234 / Sq Ft
05/05/2017 05/05/17 Sold $419,000 -2.3% $242 / Sq Ft View Prior Sale
04/05/2017 04/05/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $429,000 -- $248 / 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 $4,019 $591,900 $186,500 $405,400
2024 $3,877 $591,900 $186,500 $405,400
2023 $3,980 $427,500 $133,200 $294,300
2022 $3,848 $427,500 $133,200 $294,300
2021 $3,788 $427,500 $133,200 $294,300
2020 $3,858 $368,100 $91,600 $276,500
2019 $3,766 $368,100 $91,600 $276,500
2018 $3,663 $368,100 $91,600 $276,500
2017 $2,809 $266,000 $78,200 $187,800
2016 $2,681 $266,000 $78,200 $187,800
2015 $2,644 $266,000 $78,200 $187,800
2014 $2,895 $288,300 $93,800 $194,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Louis Upham

    Coldwell Banker Realty

    Section Image

  • T

    Buyer's Agent in 2019

    Thomas Morrill

  • T

    Buyer's Agent in 2019

    Tom Morrill

    Select Realty Services Corp

    Section Image
  • Lori Eley

    Seller's Agent in 2017

    Lori Eley

    Residential Properties Ltd.

    (401) 741-4355

    2 in this area

    19 Total Sales

    Lori Eley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1227417

State-Wide MLS

APN: NARR-000072-000000-000000NR

Rhode Island Washington County Narragansett 02882

9 Lilly Ln, Narragansett, RI

This home is located at 9 Lilly Ln, Narragansett, RI 02882 since 21 June 2019 and is currently estimated at $769,820, approximately $383 per square foot. This property was built in 1987. 9 Lilly Ln is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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