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7 South Bay Drive Narragansett, RI 02882

$330,310
LOW
$388,600 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$442,970
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$388,600Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Heating
Hot Water
Payment Estimate
--
Baths Full
2
Stories
2
Rent Estimate
$2,030Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Address Stories
2
Tax Estimate
$3,736Estimated property taxes paid on an annual basis.
Sq Ft
1,585
Roof
Asphalt
 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
03/28/2014
Style
Contemporary
Last Sale Price
--
Year Built
1986

7 South Bay Drive is located in Narragansett, RI. At this time, the property has an estimated value of $388,600 and yearly taxes of $3,736. This home has 3 bedrooms, 2½ bathrooms, and approximately 1,585 sqft of living space. The property was built in 1986. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $400,000.

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
61
Barely Healthy

232

$504,950

128

8

Median Sales Price
$405,000
-3.3%
Sales (30 Days)
29
+16.0%

Recent Sales Like 7 South Bay Drive

25
$404k
55
$402k
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

The number of home sales in the 02882 zip code market rose 11.5% to 29 homes over the last 30 days. Within the same time frame, the 02879 zip code had 33 sales, the most of all zip codes in the area.... Read More »

The 02882 zip code market pulled back with a 10.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (18.0) with 25 homes sold. I... Read More »

Sales ticked up in the 02882 zip code market to 28 homes sold over the last 30 days. But the market is also under a solid downward trend in the number of contracts closing, with this week's number fal... Read More »

7 South Bay Drive Mortgage Information

$389k
$77.8k
3.62%
$1,418

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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