NOT LISTED FOR SALE

9 Narrows Rd Narragansett, RI 02882

Estimated Value: $1,995,000 - $3,128,000

3 Beds
2.5 Baths
3,378 Sq Ft
$753/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $2,260,000 $669 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,515/month

123 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Deck

About This Home

As of February 2023

First time offering, an enchanting waterfront peninsula with 350 feet of shoreline that includes a deep water dock and a private beach. This large custom built home with water views from nearly every room is privately sheltered by specimen trees on one of the largest waterfront parcels in Harbour Island, and encapsulates the most tranquil 270 degree panoramic views of Salt Pond framed by the Narrows to the west and Upper Pond to the east. The liveliness of Salt Pond, rich in sailboats and pleasure crafts peacefully cruising by can be enjoyed from a multitude of outdoor living spaces: the oversized bluestone terrace, the patio off the guest suite, the balcony off the master suite, the porch off the kitchen, the secret garden at the point, and of course, from your own sandy beach. Designed to maximize views and living space, with custom details like oversized sliders, a double sided stone fireplace, and white oak floors, the home features large living and dining rooms that spill into a cook's kitchen and a wonderful variety of entertaining spaces, all with fabulous water views and natural light. In addition to 3 large bedrooms, other essential items include a sizeable office/bonus room, a guest suite, an integral two car garage, and ample storage and parking. A water and nature enthusiast's paradise, with a sandy beach and a deep water dock, your backyard IS the quintessential seaside New England vacation. A special opportunity to own this one-of-a-kind property.

Last Agent to Sell the Property

Greg Arakelian

Mott & Chace Sotheby's Intl. License #RES.0034788 Listed on: 09/30/2022

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Pamela Hanson Carbone

Domain Properties License #REB.0018369

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,871

Year Built

  • Built in 1987

Lot Details

  • 0.43 Acre Lot
  • Beach Front
  • Corner Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 250
  • Assessor Parcel Number 9NARROWSRDNARR

Community Details

Overview

  • Harbour Island Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,871

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Subdivision Name: Harbour Island
  • Above Grade Finished Sq Ft: 2578.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • 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

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800.0
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3378.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Water Access, Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Partial
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, 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: 18731.0
  • Parcel #: 9NARROWSRDNARR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10871.0
  • Tax Lot: 250
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Feb 28, 2023
Sold by
Thomas Bertha T
Bought by
Narrows Road Llc
Seller's Agent
Greg Arakelian
Mott & Chace Sotheby's Intl.
Buyer's Agent
Pamela Hanson Carbone
Domain Properties
List Price
$2,495,000
Sold Price
$2,260,000
Premium/Discount to List
-$235,000
-9.42%
Views
250
Current Estimated Value
$2,541,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,987
Avg. Annual Appreciation
6.78%
Original Mortgage
$750,000
Outstanding Balance
$721,910
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,956,940

Purchase Details

Closed on
Aug 5, 1986
Bought by
Thomas Charles L
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
Narrows Road Llc $2,260,000 None Available
Thomas Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narrows Road Llc $750,000
Previous Owner Thomas Charles L $25,000
Previous Owner Thomas Charles L $600,000
Previous Owner Thomas Charles L $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $2,260,000 -9.4% $669 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
09/30/2022 09/30/22 For Sale $2,495,000 -- $739 / 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 $12,461 $1,902,500 $1,169,600 $732,900
2023 $11,506 $1,235,900 $806,500 $429,400
2022 $11,043 $1,227,000 $806,500 $420,500
2021 $10,871 $1,227,000 $806,500 $420,500
2020 $10,748 $1,025,600 $696,100 $329,500
2019 $10,492 $1,025,600 $696,100 $329,500
2018 $10,205 $1,025,600 $696,100 $329,500
2017 $9,930 $940,300 $625,900 $314,400
2016 $9,478 $940,300 $625,900 $314,400
2015 $9,347 $940,300 $625,900 $314,400
2014 $9,380 $934,300 $625,900 $308,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1321213

State-Wide MLS

APN: NARR-000250-000000-Y000001