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126 Love Lane

126 Love Lane, North Kingstown, RI 02852
Property in North Kingstown
Sold Sep 21, 2021
$310,000
$248,000 by Fairway Independent Mortgage C
Mortgage
126 Love Lane in North Kingstown, RI was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 126 Love Lane has 1,456 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,000 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 126 Love Lane sold most recently in Sep 20, 2021 for a total of $310,000. If you work out the math, that's approximately a cost of $212.91 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,995 in taxes each year. 126 Love Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,300. If we break it down further, the land itself was valued at $167,600. Improvements to the property, however, were assessed at a total of $180,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,092
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,456
  • Gross Building Area: 2,740
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEDWELL PAMELA J
  • Current Owner 2: WILSON WILLIAM R
  • Previous Owner : LEDWELL PAUL J
  • Previous Owner 2: LEDWELL RUTH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Kingstown School District
  • School Tax School District: NO KINGSTOWN SD
  • Census Tract: 050103

Zoning

  • Zoning: RR

Geography

  • Account Number: 77832
  • Parcel: NKIN M:150 B:073
  • Block: 73
  • Municipality: NORTH KINGSTOWN
  • Latitude: 41.6065
  • Longitude: -71.4844

    Address

  • Full Address: 126 Love Ln
  • Address - House Number: 126
  • Address - Street Name: Love
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: North Kingstown
  • Carrier Code: C003
  • 4-Digit Zip Code: 2512
  • Zip Code: 02852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,995

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 67
  • Final Value: 431,390
  • High Value: 531,525
  • Low Value: 331,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $248,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,300
  • Assessed Land Value: $167,600
  • Assessed Improvements Value: $180,700

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11856798825
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6049

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Washington



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Frequently Asked Questions

What neighborhood is 126 Love Lane located in?
The 126 Love Lane is a located in the neighborhood of North Kingstown in Washington, North Kingstown.
What is the average sales price for listings in 126 Love Lane?
The average sales price for units in 126 Love Lane is $0 currently.

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