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31 Lake Drive

31 Lake Drive, North Kingstown, RI 02852
Property in North Kingstown
Sold Jul 13, 2018
$285,900
$185,000 by Goldmark Federal Crun
Mortgage Due Jul 13, 2048
Sold May 11, 1972
$27,000
Local assessors in North Kingstown, RI have categorized 31 Lake Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 12,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 31 Lake Drive has a total of 1,176 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31 Lake Drive was last sold in Jan 1, 1970 for $285,900. According to our calculations, that's $243.11 per sqft. Prior to that sales transaction, the property was sold for $27,000 in Jan 1, 1970. Current property owners are expected to pay $5,283 in taxes per year. The property on 31 Lake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $368,400. To break that down further, the land itself was valued at $152,200. While improvements to the property were assessed at a total of $216,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,176
  • Garage Type: Attached
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,176
  • Gross Building Area: 3,340
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.275
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCGILL ROBERT J
  • Current Owner 2: MCGILL SARAH H
  • Previous Owner : FACTOR CARMELA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: VR

Geography

  • Account Number: 14048
  • Parcel: NKIN M:149 B:167
  • Block: 167
  • Municipality: NORTH KINGSTOWN
  • Latitude: 41.6155
  • Longitude: -71.4663

    Address

  • Full Address: 31 Lake Dr
  • Address - House Number: 31
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: North Kingstown
  • Carrier Code: C004
  • 4-Digit Zip Code: 2027
  • Zip Code: 02852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,283

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 71
  • Final Value: 448,825
  • High Value: 542,078
  • Low Value: 355,573

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: GOLDMARK FEDERAL CRUN
  • First Open Lien Mortgage Recording Date: Jul 13, 2018
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 13, 2048
  • Second Open Lien Mortgage Lender: GOLDMARK FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 08, 2019
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,400
  • Assessed Land Value: $152,200
  • Assessed Improvements Value: $216,200

    Sales

  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Transaction ID: 11489615025
  • Current Sale Price: $285,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2920
  • Previous Sale Recording Date: May 11, 1972
  • Previous Sale Amount: $27,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDMARK FEDERAL CRUN
  • First Mortgage Transaction Date: Jul 13, 2018
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 13, 2048

About Washington



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Frequently Asked Questions

What neighborhood is 31 Lake Drive located in?
The 31 Lake Drive is a located in the neighborhood of North Kingstown in Washington, North Kingstown.
What is the average sales price for listings in 31 Lake Drive?
The average sales price for units in 31 Lake Drive is $0 currently.

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