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655 Ocean Road

655 Ocean Road, Narragansett, RI 02882
Property in Narragansett
Sold Oct 23, 1995
$90,000
$200,000 by Northpointe Bank
Mortgage Due Aug 01, 2051
Local assessors in Narragansett, RI have categorized 655 Ocean Road as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 8,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 655 Ocean Road has a total of 760 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 655 Ocean Road was last sold in Jan 1, 1970 for $90,000. According to our calculations, that's $118.42 per sqft. Current property owners are expected to pay $2,931 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 655 Ocean Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $314,800. To break that down further, the land itself was valued at $146,400. While improvements to the property were assessed at a total of $168,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Cottage
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 760
  • Gross Building Area: 1,280
  • Building Area: 760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 760
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCGOVERN ROBERT T
  • Current Owner 2: MCGOVERN KIMBERLY
  • Previous Owner : PION RUSSELL F SR EST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 051503

Zoning

  • Zoning: R-40

Geography

  • Account Number: 13262495
  • Parcel: NARR M:T B:182
  • Block: 182
  • Municipality: NARRAGANSETT
  • Latitude: 41.3998
  • Longitude: -71.4652

    Address

  • Full Address: 655 Ocean Rd
  • Address - House Number: 655
  • Address - Street Name: Ocean
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Narragansett
  • Carrier Code: R006
  • 4-Digit Zip Code: 1315
  • Zip Code: 02882

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,931
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 567,523
  • High Value: 690,112
  • Low Value: 444,934

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 2
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,800
  • Assessed Land Value: $146,400
  • Assessed Improvements Value: $168,400

    Sales

  • Current Sale Recording Date: Oct 23, 1995
  • Current Sale Transaction ID: 1201278933
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN BANK
  • First Mortgage Transaction Date: Oct 23, 1995
  • First Mortgage Loan Amount: $60,000

About Washington



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Frequently Asked Questions

What neighborhood is 655 Ocean Road located in?
The 655 Ocean Road is a located in the neighborhood of Narragansett in Washington, Narragansett.
What is the average sales price for listings in 655 Ocean Road?
The average sales price for units in 655 Ocean Road is $0 currently.

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