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7 South Bay Drive Narragansett, RI 02882

$326,907
LOW
$384,300 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$438,216
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$384,300Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Stories
2
Payment Estimate
--
Baths Full
3
Address Stories
2
Rent Estimate
$2,040Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Tax Estimate
$3,570Estimated property taxes paid on an annual basis.
Sq Ft
1,585
 HomeScore
68A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
51A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
12/12/2013
Style
Contemporary
Last Sale Price
$365,000
Year Built
1986

7 South Bay Drive is located in Narragansett, RI. At this time, the property has an estimated value of $384,300 and yearly taxes of $3,570. This home has 3 bedrooms, 3½ bathrooms, and approximately 1,585 sqft of living space. The property was built in 1986. Similar homes nearby have 3 bedrooms, 3 baths and sell for around $375,000.

Property History

DateEventSourcePrice
12/12/2013Sign InRIARSign In
10/4/2013Sign InRIARSign In
10/1/2013Sign InRIARSign In
8/27/2013Sign InRIARSign In
4/2/2013Sign InRIARSign In
5/24/2004SoldTax Records$440,000

02882 Market Trends

Check out 02882 homes for sale, read the 02882 real estate news or review the 02882 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
42
Deteriorating

212

$554,950

122

11.2

Median Sales Price
$405,000
-20.6%
Sales (30 Days)
19
+26.7%

Recent Sales Like 7 South Bay Drive

25
$404k
49
$368k
6%

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Narragansett Public Schools

A child living at 7 South Bay Drive, Narragansett, RI would typically attend one of the following public schools: Narragansett Elementary School, Narragansett Pier School, or Narragansett High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

02882 REAL ESTATE NEWS

In this week's report, the number of homes sold in the 02882 zip code market dropped to 19 over the past 30 days. It marked a decrease of 5.0% from last week's report and another period below the mont... Read More »

The 02882 zip code market slowed with a 9.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 21.3 monthly average with 20 homes sold. Within the same time f... Read More »

The population of the 02882 zip code is ranked 34th in terms of wealth in Rhode Island with a median income of $63,566 per household. It's also considered a very expensive zip code in terms of afforda... Read More »

7 South Bay Drive Map

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7 S Bay Dr, Narragansett, RI 02882US
7 S Bay Dr is located in Narragansett, RI. At this time, the property has an estimated value of $384,300 and yearly taxes of $3,570. This home has 3 bedrooms, 3½ bathrooms, and approximately 1,585 sqft of living space. The property was built in 1986. Similar homes nearby have 3 bedrooms, 3 baths and sell for around $375,000. Garret Roberts, John Sheil, and Steve Mcgill are Homesnap Local Experts in and around 02882.
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