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5 Locust Ct

Narragansett, RI 02882

3 bd 1 ba 1,002 sqft Built 1971 Lot 11,326 sqft single_family
Most recent sale
$600,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $600,000 StateWide
Feb 26, 2024 Price changed $619,900 StateWide
Feb 12, 2024 Price changed $635,000 StateWide
Dec 1, 2023 Listed $650,000 StateWide
Jul 14, 2023 Sold $475,000 StateWide
Jun 19, 2023 Listed $475,000 StateWide

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $259,100 $211,100 $470,200 $3,193
2023 $159,100 $150,800 $309,900 $2,885
2022 $159,100 $150,800 $309,900 $2,789
2021 $159,100 $150,800 $309,900 $2,746
2020 $143,800 $102,700 $246,500 $2,583
2019 $143,800 $102,700 $246,500 $2,522
2018 $143,800 $102,700 $246,500 $2,453
2017 $110,000 $109,200 $219,200 $2,315
2016 $110,000 $109,200 $219,200 $2,210
2015 $110,000 $109,200 $219,200 $2,179
2014 $114,400 $103,500 $217,900 $2,188
2013 $114,400 $103,500 $217,900 $2,135
2006 $272,500 $1,837

Property facts

Year built
1971
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,002 sqft
Lot size
11,326 sqft
ZIP code
02882
City
Narragansett
Street
Locust Ct
Coordinates
41.49028, -71.44447

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5 Locust Ct last sell?
5 Locust Ct most recently sold on Apr 19, 2024 for $600,000.
What is the current tax assessment for 5 Locust Ct?
The most recent total assessment for 5 Locust Ct (year 2025) is $470,200 with $3,193 in property tax.
How does 5 Locust Ct's assessment compare to its last sale price?
The current assessment is 21.6% below the last sale price of $600,000.
When was 5 Locust Ct built?
5 Locust Ct was built in 1971.
How does 5 Locust Ct compare to others on Locust Ct?
We track 1 other property on Locust Ct. Browse the list under "Other properties on Locust Ct" to compare beds, baths, and sale history.
What are the property facts for 5 Locust Ct?
5 Locust Ct is a 3 bed, 1 bath, 1,002 sqft, 11,326 sqft lot single_family.
Is 5 Locust Ct a flip candidate?
Yes — 5 Locust Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5 Locust Ct a tax-appeal candidate?
No — 5 Locust Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 02882 — Median Price History + Forecast

Explore nearby

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