2 months on rocket

123 Circuit Dr, Narragansett, RI, 02882

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
1 Full Bath
764 SqFt
$653/SqFt
House
Schools Nearby

Location

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123 Circuit Dr, Narragansett$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1935
HeatingBaseboard, Electric, Natural Gas
CoolingNone
WaterfrontRiver Access, Water Access, Waterfront
FireplaceInsert, Gas, Stone
ViewWater
MLS #1353166
Lot Size0.13 Acres
StatusActive

About 123 Circuit Dr

Wonderful opportunity for you to create your perfect Narragansett home, featuring beautiful, unobstructed views of the Narrow River! This cozy 1-bedroom cottage is ready for its next chapter, whether a renovation of the current space or expansion out and up. Sellers happy to share two different proposed plans for expansion. Take this idea and run with it, or bring your own vision. Town water, sewer, gas and no flood insurance required! 123 Circuit beckons to be transformed and fully enjoyed by its new owner(s) - don't miss your chance to make that person you!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 1935
  • Stories: 1
  • Living Area: 764 SqFt

Listing Office:

  • Office Name: Edge Realty RI
  • Office Phone: (401) 783-1007

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Laminate, Other, Vinyl
  • Fireplace: Insert, Gas, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: River Access, Water Access, Waterfront
  • View: Water
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Narragansett High School, Public District Grades 9-12
  • Narragansett Pier School, Public District Grades 5-8
  • Narragansett Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $653/SqFt

Tax Information:

  • Annual Amount: $3,784
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Narragansett, RI.

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Narragansett, RI

City

Med. Sold Price

$800K

Med. Price/SqFt

$451

Avg. Days On Market

32

# of Sold Homes

15

123 Circuit Dr vs Narragansett

66 DAYS ON ROCKET

+34 Days

$499,000

-$301K Less

$653/SqFt

+$201 More

KEY TAKEAWAY

This property is $301K less than the Median Sold Price and $201/SqFt more than other homes in Narragansett, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1353166

Listing Office:

  • Office Name: Edge Realty RI
  • Office Phone: (401) 783-1007

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 23, 2004Home Sold
$240,000
Nov 20, 2003Home Sold
$167,000
Jan 16, 2003Home Sold
$74,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,784$427,100
2020$2,789$266,100
2019$2,722$266,100
2018$2,648$266,100
2017$2,542$240,700

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1204405
6
/10

  • Narragansett Elementary School

  • 55 Mumford Rd

  • 3.49 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1204406
5
/10

  • Narragansett Pier School

  • 235 S Pier Rd

  • 4.04 miles

  • Public District Grades 5-8

High School

school-card-donut-1204407
7
/10

  • Narragansett High School

  • 245 S Pier Rd

  • 3.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,250. Most Narragansett, RI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Circuit Dr

What is the listing price of this property?

The listing price of 123 Circuit Dr property is $499,000.

What type of property is this?

The property 123 Circuit Dr is a house located in Narragansett, Rhode Island, 02882.

Is this property for sale now?

Active Listing: 123 Circuit Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 123 Circuit Dr are:
Narragansett Elementary School: GreatSchools Rating 6/10
Narragansett Pier School: GreatSchools Rating 5/10
Narragansett High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,784 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 23, 2004 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 123 Circuit Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 123 Circuit Dr is 764 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 123 Circuit Dr is 1935.

Rocket Homes›Rhode Island›Washington County›Narragansett›02882›123 Circuit Dr

This home is located at 123 Circuit Dr in Narragansett, RI and zip code 02882. This 764 square foot home, which was built in 1935, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $499,000.

In March 2024, from all listings sold in Narragansett, RI there were more than 3 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. Between February 2024 and March 2024, Narragansett, RI real estate market has seen increase in the number of listings by 10%. Listings spent 32 days on the market in March 2024, and had a median list price of $800,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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