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3 Major Clethe Runway

3 Major Clethe Runway, Narragansett, RI 02882
Property in Narragansett
Sold May 29, 2019
$749,900
$787,500 by Baycoast Mortgage Company
Mortgage Due May 01, 2052
Local assessors in Narragansett, RI have categorized 3 Major Clethe Runway as a residential type of property. The home was built in 1999 and is 25 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 37,941 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3 Major Clethe Runway has a total of 3,576 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,114 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3 Major Clethe Runway sold most recently in May 29, 2019 for a total of $749,900. If you work out the math, that's approximately a cost of $209.70 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 $6,546 in taxes each year. 3 Major Clethe Runway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $703,100. If we break it down further, the land itself was valued at $286,900. Improvements to the property, however, were assessed at a total of $416,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,114
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,941
  • Total Building Area: 3,576
  • Gross Building Area: 5,943
  • Building Area: 3,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.871
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MADSEN GREGG
  • Current Owner 2: MADSEN LISA
  • Previous Owner : CORSETTI KATHLEEN E
  • Previous Owner 2: SNYDER CHRISTINE M
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: R-20

Geography

  • Account Number: 2112765
  • Parcel: NARR M:R-1 B:100
  • Block: 100
  • Municipality: NARRAGANSETT
  • Latitude: 41.3887
  • Longitude: -71.4923

    Address

  • Full Address: 3 Major Cleathe Runway
  • Address - House Number: 3
  • Address - Street Name: Major Cleathe Runway
  • State: RI
  • City Name: Narragansett
  • Carrier Code: R006
  • 4-Digit Zip Code: 5409
  • Zip Code: 02882

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,546

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 75
  • Final Value: 1,148,074
  • High Value: 1,361,870
  • Low Value: 934,278

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $787,500
  • First Open Lien Mortgage Lender: BAYCOAST MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $787,500
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $703,100
  • Assessed Land Value: $286,900
  • Assessed Improvements Value: $416,200

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: May 29, 2019
  • Current Sale Transaction ID: 11610590241
  • Current Sale Price: $749,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1662

    Last Sale Mortgage

  • First Mortgage Lender: BAYCOAST MORTGAGE COMPANY
  • First Mortgage Transaction Date: May 29, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Washington



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Frequently Asked Questions

What neighborhood is 3 Major Clethe Runway located in?
The 3 Major Clethe Runway is a other located in the neighborhood of Narragansett in Washington, Narragansett.
What is the average sales price for listings in 3 Major Clethe Runway?
The average sales price for units in 3 Major Clethe Runway is $0 currently.

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