NOT LISTED FOR SALE

93 Circuit Dr Narragansett, RI 02882

Estimated Value: $976,000 - $1,257,000

3 Beds
1 Bath
1,341 Sq Ft
$845/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $465,000 $347 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,624/month

27 Days on Market

Highlights

  • Beach Front
  • Marina
  • River Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 0.49 Acre Lot

About This Home

As of August 2019

Investors/Builders / Snowbirds! Beach Cottage in need of rehab on the picturesque Narrow River! Do some repair now and enjoy some of the season or design and build your personalized seasonal or full time home. Included is a new 50K registered dock in place! Current new construction in the area without views is in the 550K +. This waterfront estuary property is truly where the river meets the sea! 3 miles south of this location is the basin of Rhode Island's beautiful beaches! Enjoy NOW some of the best fishing, crabbing, water sports and swimming in the State. Enjoy NOW unparalleled waterfront views and epic sunsets! Minutes from entertainment including fine and casual dining! Experience some of the best scenery in southern Rhode Island! This is the LAST affordable opportunity on Narrow River! Sellers are motivated!

Last Agent to Sell the Property

Erin Sheridan

Abbott Properties, LLC License #RES.0016914 Listed on: 06/19/2019

Last Buyer's Agent

Doug Jeffrey

Broadway Real Estate Group License #REC.0016109

Broadway Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 1928

Lot Details

  • 0.49 Acre Lot
  • Beach Front
  • Property is zoned R10/R40

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Water Views
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 16, 131
  • Assessor Parcel Number 93CIRCUITDRNARR

Community Details

Overview

  • Narrow River, Pettaquamscutt, Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,239

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4934
  • Subdivision Name: Narrow River, Pettaquamscutt,
  • Above Grade Finished Sq Ft: 1341.0
  • Architectural Style: Bungalow, Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Living Area: 1341.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21491.0
  • Parcel #: 93CIRCUITDRNARR
  • Zoning: R10/R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4239.0
  • Tax Lot: 16, 131
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 14, 2019
Sold by
Scichilone Cecile Est
Bought by
Joseph M Polisena Ret
Seller's Agent
Erin Sheridan
Abbott Properties, LLC
Buyer's Agent
Doug Jeffrey
Broadway Real Estate Group
List Price
$515,000
Sold Price
$465,000
Premium/Discount to List
-$50,000
-9.71%
Current Estimated Value
$1,133,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,805
Avg. Annual Appreciation
14.61%
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
Joseph M Polisena Ret $455,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $465,000 -9.7% $347 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $515,000 -- $384 / 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 $5,930 $905,300 $365,700 $539,600
2023 $6,058 $650,700 $261,200 $389,500
2022 $5,856 $650,700 $261,200 $389,500
2021 $5,765 $650,700 $261,200 $389,500
2020 $1,739 $165,900 $152,500 $13,400
2019 $3,043 $297,500 $152,500 $145,000
2018 $3,017 $303,200 $158,200 $145,000
2017 $3,059 $289,700 $165,800 $123,900
2016 $2,920 $289,700 $165,800 $123,900
2015 $2,880 $289,700 $165,800 $123,900
2014 $2,820 $280,900 $157,000 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1227271

State-Wide MLS

APN: NARR-000131-000000-000000NE