NOT LISTED FOR SALE

3 Major Cleathe Runway Narragansett, RI 02882

Estimated Value: $1,155,000 - $1,516,000

3 Beds
3.5 Baths
3,576 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $749,900 $210 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,824/month

17 Days on Market

Highlights

  • 0.87 Acre Lot
  • Cape Cod Architecture
  • Wooded Lot
  • Narragansett Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of May 2019

Enjoy gorgeous sunset views over Salt Pond and ocean breezes in this beautiful 3500+ sqft home, sitting on almost an acre of land in Point Judith. This home's fantastic location is just outside the hustle and bustle of Summer crowds, yet minutes to Galilee, beaches and more! Perfect for entertaining, the open kitchen with granite countertops and center island overlooks the sun-filled living room and dining area with airy cathedral ceilings and huge bay windows. Home boasts a generous 1st floor master suite, hardwood floors, new carpets, brick fireplace, central vac, walk-in closets and a truly fantastic layout. The spacious and beautifully finished walk-out lower level includes a full bath and provides great potential for a vacation rental, in-law apartment, or simply a game room for your own pleasure. The walkout sliders lead to a patio picnic area, outdoor shower, and a short walk to the kayak port on Salt Pond. Residents have the option to moor a boat on the pond (currently a waitlist). ****Bring your dreams and imagination as this property includes a Point Judith rarity: undeveloped land extending towards Salt Pond, offering great potential for abundant gardens, swimming pool with cabana, large barn, or more space to expand on the existing home! ****Positioned to sell fast. No Flood insurance required!

Last Agent to Sell the Property

The Platinum Group

RE/MAX Professionals Listed on: 04/11/2019

RE/MAX Professionals

Co-Listed By

Francis Clare

RI Real Estate Services License #RES.0027797

Last Buyer's Agent

Nicholas Hayes

HomeSmart Professionals License #REB.0019630

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1999

Lot Details

  • 0.87 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Property is zoned R-80

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater
  • Septic Tank

Community Details

  • Point Judith Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 100,102
  • Assessor Parcel Number 3MAJORCLETHERUNWYNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,010

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.871
  • Co List Office Mls Id: RMAX02
  • Co List Office Phone: 401-884-6050
  • Subdivision Name: Point Judith
  • Above Grade Finished Sq Ft: 2462.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1114.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Tub Shower, Central Vacuum
  • Living Area: 3576.0
  • Dining Room Type: Bathroom, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37940.0
  • Parcel #: 3MAJORCLETHERUNWYNARR
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7010.0
  • Tax Lot: 100,102
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 29, 2019
Sold by
Corsetti Kathleen E and Snyder Christine M
Bought by
Madsen Gregg and Madsen Lisa
Seller's Agent
The Platinum Group
RE/MAX Professionals
Buyer's Agent
Nicholas Hayes
HomeSmart Professionals
List Price
$749,900
Sold Price
$749,900
Current Estimated Value
$1,376,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,379
Avg. Annual Appreciation
9.74%
Original Mortgage
$484,350
Outstanding Balance
$424,977
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$951,302

Purchase Details

Closed on
Dec 28, 2017
Sold by
Corsetti Kathleen E
Bought by
Corsetti Kathleen E and Snyder Christine B

Purchase Details

Closed on
Jul 27, 2010
Sold by
Beaupre Ann S
Bought by
Beaupre Ann S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Madsen Gregg $749,900 --
Corsetti Kathleen E -- --
Beaupre Ann S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Gregg $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $749,900 0.0% $210 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $749,900 -- $210 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,013 $1,032,800 $444,800 $588,000
2024 $6,765 $1,032,800 $444,800 $588,000
2023 $6,546 $703,100 $286,900 $416,200
2022 $6,328 $703,100 $286,900 $416,200
2021 $6,229 $703,100 $286,900 $416,200
2020 $7,384 $704,600 $307,100 $397,500
2019 $7,208 $704,600 $307,100 $397,500
2018 $7,011 $704,600 $307,100 $397,500
2017 $6,236 $590,500 $226,400 $364,100
2016 $5,952 $590,500 $226,400 $364,100
2015 $5,870 $590,500 $226,400 $364,100
2014 $5,929 $590,500 $226,400 $364,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1220155

State-Wide MLS

APN: NARR-000100-000000-R000001