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48 Ocean Spray Ave

Narragansett, RI 02882

2 bd 1 ba 900 sqft Built 1940 Lot 5,620 sqft single_family
Most recent sale
$1,050,000
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $1,050,000 MLS #1295292
Apr 16, 2021 Sold $980,000 MLS #1276592
Mar 3, 2021 Listed $975,000 MLS #1276592
Mar 21, 2014 Sold $575,000 MLS #1055446
Nov 15, 2013 Listed $589,500 MLS #1055446
Oct 25, 2013 Listing removed $549,500 StateWide
Oct 16, 2013 Relisted $549,500 MLS #1049235
Oct 2, 2013 Listing removed $549,500 StateWide
Sep 20, 2013 Price changed $549,500 MLS #1049235
Sep 4, 2013 Price changed $569,000 MLS #1049235
Aug 23, 2013 Listed $579,500 MLS #1049235
Aug 19, 2013 Sold $450,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $213,300 $798,300 $1,011,600 $6,869
2023 $148,400 $532,000 $680,400 $6,335
2022 $148,400 $532,000 $680,400 $6,124
2021 $148,400 $532,000 $680,400 $6,028
2020 $152,500 $566,500 $719,000 $7,535
2019 $150,300 $566,500 $716,800 $7,333
2018 $150,300 $566,500 $716,800 $7,132
2017 $91,500 $542,600 $634,100 $6,696
2016 $91,500 $542,600 $634,100 $6,392
2015 $91,500 $542,600 $634,100 $6,303
2014 $110,800 $542,600 $653,400 $6,560
2013 $110,800 $542,600 $653,400 $6,403
2006 $101,400 $773,400 $874,800 $5,896

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
900 sqft
Lot size
5,620 sqft
ZIP code
02882
City
Narragansett
Street
Ocean Spray Ave
Coordinates
41.37348, -71.48260

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48 Ocean Spray Ave last sell?
48 Ocean Spray Ave most recently sold on Dec 2, 2021 for $1,050,000.
What is the current tax assessment for 48 Ocean Spray Ave?
The most recent total assessment for 48 Ocean Spray Ave (year 2025) is $1,011,600 with $6,869 in property tax.
How does 48 Ocean Spray Ave's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $1,050,000.
When was 48 Ocean Spray Ave built?
48 Ocean Spray Ave was built in 1940.
How does 48 Ocean Spray Ave compare to others on Ocean Spray Ave?
We track 5 other properties on Ocean Spray Ave. Browse the list under "Other properties on Ocean Spray Ave" to compare beds, baths, and sale history.
What are the property facts for 48 Ocean Spray Ave?
48 Ocean Spray Ave is a 2 bed, 1 bath, 900 sqft, 5,620 sqft lot single_family.
Is 48 Ocean Spray Ave a flip candidate?
No — 48 Ocean Spray Ave does not appear in our flips dataset.
Is 48 Ocean Spray Ave a tax-appeal candidate?
No — 48 Ocean Spray Ave 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

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