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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
$2,060Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Tax Estimate
$3,736Estimated property taxes paid on an annual basis.
Sq Ft
1,585
 HomeScore
58A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.51
 InvestorScore
37A 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 $3,736. 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
83
Healthy

120

$597,450

181

5.7

Median Sales Price
$385,000
-11.5%
Sales (30 Days)
21
-4.5%

Recent Sales Like 7 South Bay Drive

25
$401k
51
$386k
2%

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02882 REAL ESTATE NEWS

More sellers put their homes up for sale in the 02882 zip code market over the last 30 days and the number of new listings rose this week to 19. Home sales remained unchanged from the prior period and... Read More »

02882 is the seventh-most expensive zip code in Rhode Island with a cost of living adjustment score of 145.9. It also happens to be very expensive when compared to the rest of the state, with a median... Read More »

Sales rose to 21 homes sold in the 02882 zip code market over the last 30 days. However, a new downturn in the amount of pending transactions continued, with six completed in the same period. The medi... Read More »

7 South Bay Drive Mortgage Information

$384k
$76.8k
3.62%
$1,402

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

7 South Bay Drive Map

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