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18 Kingston Lane

18 Kingston Lane, Narragansett, RI 02882
Property in Narragansett
Sold Jun 28, 2019
$615,000
$595,000 by Baycoast Mortgage Company
Mortgage Due Apr 01, 2052
Sold Aug 28, 1997
$35,000
$128,000 by Contimortgage Corp
Mortgage
18 Kingston Lane has been categorized by the local assessors in Narragansett, RI as a residential type of property. The building on the property was first built in 1985 and is 39 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 18 Kingston Lane has 2,512 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,242 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,001 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 28, 2019 for $615,000. That's $244.82 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $35,000. 18 Kingston Lane was last assessed in 2023. The total value of the property was assessed at $587,800. Specifically, the land the property is located on was valued at $270,000. While improvements on the property were assessed at a total of $317,800. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,472. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,242
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,512
  • Gross Building Area: 3,190
  • Building Area: 2,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,512
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MADSEN GREGG
  • Current Owner 2: MADSEN LISA
  • Previous Owner : PETRELLA DEBORAH A
  • Owner Before Previous Owner: WHITMARSH HERBERT D
  • Owner Before Previous Owner 2: WHITMARSH GLADYS

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 051504

Zoning

  • Zoning: R-10

Geography

  • Account Number: 16148225
  • Parcel: NARR M:S-1 B:198
  • Block: 198
  • Municipality: NARRAGANSETT
  • Latitude: 41.3931
  • Longitude: -71.478

    Address

  • Full Address: 18 Kingston Ln
  • Address - House Number: 18
  • Address - Street Name: Kingston
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Narragansett
  • Carrier Code: R006
  • 4-Digit Zip Code: 5006
  • Zip Code: 02882

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,472

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 978,074
  • High Value: 1,178,960
  • Low Value: 777,189

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: BAYCOAST MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $595,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $587,800
  • Assessed Land Value: $270,000
  • Assessed Improvements Value: $317,800

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11619303084
  • Current Sale Price: $615,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2157
  • Previous Sale Recording Date: Aug 28, 1997
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAYCOAST MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CONTIMORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 28, 1997
  • Previous Mortgage Loan Amount: $128,000

About Washington



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 18 Kingston Lane located in?
The 18 Kingston Lane is a located in the neighborhood of Narragansett in Washington, Narragansett.
What is the average sales price for listings in 18 Kingston Lane?
The average sales price for units in 18 Kingston Lane is $0 currently.

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