26 days on rocket

Backup Offers

5 Martin Ct, Narragansett, RI, 02882

$799,000

Home List Price

$9,488*

Closing Credit

5 Bedrooms
3 Full Baths
1,830 SqFt
$437/SqFt
House

Location

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5 Martin Ct, Narragansett$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1965
HeatingBaseboard, Electric, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1366989
Lot Size0.26 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5 Martin Ct

Investors and Seasonal Owners take Note-With recent 5 person allotment regulation passing in the State House allowing for additional Income! Leases in place for Academic Year with strong Summer rental history! Tucked away in the desirable Point Judith area of Narragansett, this expansive 5-bedroom, 3-bathroom town sewer ranch offers abundant living space and a prime location. Positioned at the end of a quiet cul-de-sac on a secluded lot, the home is just minutes from Point Judith Pond, Scarborough Beach, the B.I. Ferry, Iggy's clam shack, and so much more! Upon entering, you're greeted by an open-concept living area that effortlessly flows into a welcoming kitchen with sun room overlooking trex deck. The original house offers three bedrooms and two full bathrooms, along with a utility room equipped with a washer/dryer and ample storage for linens and beach gear. Adjacent to the kitchen, a private bedroom serves as the gateway to a separate guest (or owner's) suite. This flex space includes a fifth bedroom with its own full bathroom, as well as a separate living and dining area. For added privacy, the space can be locked off, allowing guests to enjoy their own secluded retreat with a private entrance on separate deck for relaxation. A fenced area off the deck ensures your pets can enjoy the outdoors safely. The property also includes a shed for storing beach equipment. With natural gas, ample parking and central A/C, this home is as practical as it is inviting.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,830 SqFt

Listing Office:

  • Office Name: RE/MAX Professionals
  • Office Phone: (401) 884-6050

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas
  • Cooling: Central Air

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: $799,000
  • Price Per SqFt: $437/SqFt

Tax Information:

  • Annual Amount: $3,430
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$812.5K

Med. Price/SqFt

$481

Avg. Days On Market

34

# of Sold Homes

17

5 Martin Ct vs Narragansett

26 DAYS ON ROCKET

-8 Days

$799,000

-$13.5K Less

$437/SqFt

-$45 Less

KEY TAKEAWAY

This property is $13.5K less than the Median Sold Price and $45/SqFt less than other homes in Narragansett, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1366989

Listing Office:

  • Office Name: RE/MAX Professionals
  • Office Phone: (401) 884-6050

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: 9/18/2024, 6:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 27, 2017Home Sold
$419,900
Jun 05, 2000Home Sold
$136,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,430$387,100
2020$3,651$348,400
2019$3,564$348,400
2018$3,467$348,400
2017$3,323$314,700

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-3180398
7
/10
  • Narragansett Elementary School

  • 55 Mumford Rd

  • 3.26 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3180399
7
/10
  • Narragansett Pier School

  • 235 S Pier Rd

  • 2.70 miles

  • Public District Grades 5-8

High School

school-card-donut-3180400
8
/10
  • Narragansett High School

  • 245 S Pier Rd

  • 2.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,142. The majority of Narragansett, RI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Narragansett, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Narragansett, RI.

Narragansett's housing market is characterized by a diverse array of options, with single-family homes being particularly prevalent. The architectural styles in the area range from classic New England cottages to contemporary beachfront properties. A significant portion of the housing stock reflects the town's coastal charm and history, with many homes dating back to the early 20th century. The homeownership rate in Narragansett is robust, with a majority of residents owning their homes, while the remainder of the population opts for rental opportunities that include apartments and seasonal housing, catering to the town's influx of summer visitors.

What is it like to live in Narragansett, RI?

Narragansett prides itself on its serene coastal ambiance and strong community spirit. The town is celebrated for its beautiful beaches, historic landmarks, and a laid-back lifestyle that appeals to both year-round residents and seasonal visitors. Local events such as the Narragansett Art Festival and the Seafood Festival highlight the town's cultural vibrancy and its connection to the ocean. The community's character is further defined by its commitment to preserving natural beauty and promoting outdoor activities.

Is it easy to get around Narragansett, RI without a car?

The community of Narragansett is served by a number of public schools, offering education from elementary through high school levels. The town also has access to healthcare services, including urgent care facilities and primary care providers, ensuring residents' medical needs are met. Narragansett's public library system provides educational and cultural resources to the community. Retail and dining options are plentiful, with many establishments reflecting the local seafood tradition and the town's coastal heritage. The town is proactive in adapting its services to meet the evolving needs of its residents and seasonal visitors.

Transportation in Narragansett, RI.

Narragansett's transportation infrastructure supports both private and public transit options, with local bus services connecting residents to key areas within the town and to neighboring communities. The town's layout and scenic landscapes make it conducive to walking and biking, particularly in the more densely populated and tourist-friendly areas. Major roads provide easy access to nearby cities and attractions, and ongoing efforts are made to enhance the efficiency and accessibility of the town's transportation network. While specific ride-sharing services are available, they complement the existing transportation options, offering residents and visitors an additional mode of travel.

Frequently Asked Questions About 5 Martin Ct

What is the listing price of this property?

The listing price of 5 Martin Ct property is $799,000.

What type of property is this?

The property 5 Martin Ct is a house located in Narragansett, Rhode Island, 02882.

Is this property for sale now?

Accepting Backup Offers: 5 Martin Ct is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5 Martin Ct are:
Narragansett Elementary School: GreatSchools Rating 7/10
Narragansett Pier School: GreatSchools Rating 7/10
Narragansett High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,430 (source: MLS/based on county public records data).

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

The last sale was on June 27, 2017 for $419,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Martin Ct has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5 Martin Ct is 1,830 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Martin Ct is 1965.

Rocket Homes›Rhode Island›Washington County›Narragansett›02882›5 Martin Ct

This home is located at 5 Martin Ct in Narragansett, RI and zip code 02882. This 1,830 square foot home, which was built in 1965, sits on a 0.26 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $799,000.

In August 2024 more than 5 listings in Narragansett, RI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 11 were sold below. The number of homes for sale in Narragansett, RI increased by 10.1% between July 2024 and August 2024. Listings spent 34 days on the market in August 2024, and had a median list price of $812,500 during the same period.

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

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