NOT LISTED FOR SALE

14 Bonnet Point Rd Narragansett, RI 02882

Estimated Value: $786,252 - $937,000

4 Beds
2 Baths
1,776 Sq Ft
$487/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $487,500 $274 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,230/month

159 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Raised Ranch Architecture
  • Narragansett Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of November 2018

BONNET SHORES! HOME FEATURES 4 BEDROOMS, 2 BATHS, GRANITE COUNTER TOPS, HARDWOODS, STAINLESS APPLIANCES, CENTRAL AIR, LARGE LOT AND WALKOUT LOWER LEVEL ALL SET ON PARK LIKE GROUNDS. ENJOY ALL OF BONNET'S AMENITIES, INCLUDING COMMUNITY BOAT RAMP, MOORINGS, TWO BEACHES, AND WESQUAGE POND, ALLOWS FOR SWIMMING, BOATING, KAYAKING, FISHING AND MORE! THIS PROPERTY IS IDEAL FOR INVESTMENT, VACATION OR YEAR ROUND LIVING. WATER, SEWER, GAS AND NO FLOOD INSURANCE REQUIRED.

Last Listed By

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 05/03/2018

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R10

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Split Level Home
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Tankless Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 1088
  • Assessor Parcel Number 14BONNETPOINTRDNARR

Community Details

Overview

  • Bonnet Shores Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,987

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3485
  • Subdivision Name: Bonnet Shores
  • Above Grade Finished Sq Ft: 1268.0
  • Architectural Style: Raised Ranch, Split-Level
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 508.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s)
  • Living Area: 1776.0
  • Dining Room Type: Bedroom, Laundry
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

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: 15179.0
  • Parcel #: 14BONNETPOINTRDNARR
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3987.0
  • Tax Lot: 1088
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Grelak Glenna B
Bought by
Glenna Beth Gerlak Ret and Grelak
Total Days on Market
159
Current Estimated Value
$865,313

Purchase Details

Listed on
Sep 26, 2014
Closed on
Apr 14, 2015
Sold by
Ocean State Builders L
Bought by
Benedict James P
Seller's Agent
Patrick Murray
Residential Properties Ltd.
Buyer's Agent
Steven Rei
RI Real Estate Services
List Price
$419,014
Sold Price
$382,500
Premium/Discount to List
-$36,514
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$306,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2014
Closed on
Sep 26, 2014
Sold by
Paolino Frank R
Bought by
Ocean State Builders L
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
Patrick Murray
Residential Properties Ltd.
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.85%
Original Mortgage
$414,235
Interest Rate
4.12%
Mortgage Type
New Conventional

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
Glenna Beth Gerlak Ret -- None Available
Benedict James P $382,500 --
Ocean State Builders L -- --
Paolino Frank R $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paolino Frank R $306,000
Previous Owner Paolino Frank R $414,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $487,500 -12.8% $274 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $559,000 +46.1% $315 / Sq Ft
04/13/2015 04/13/15 Sold $382,500 -12.1% $243 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
09/26/2014 09/26/14 Sold $435,000 +3.8% $277 / Sq Ft
09/26/2014 09/26/14 For Sale $419,014 -12.5% $266 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $479,000 -- $305 / 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 $4,805 $733,600 $310,900 $422,700
2023 $4,369 $469,300 $177,600 $291,700
2022 $4,224 $469,300 $177,600 $291,700
2021 $4,158 $469,300 $177,600 $291,700
2020 $4,292 $409,500 $147,900 $261,600
2019 $4,189 $409,500 $147,900 $261,600
2018 $4,075 $409,500 $147,900 $261,600
2017 $4,123 $390,400 $184,200 $206,200
2016 $3,935 $390,400 $184,200 $206,200
2015 $1,840 $185,100 $184,200 $900
2014 $3,597 $358,300 $167,400 $190,900
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1189599

State-Wide MLS

APN: NARR-001085-000000-000000NR