NOT LISTED FOR SALE

408 Walmsley Ln Saunderstown, RI 02874

Estimated Value: $777,000 - $1,040,000

3 Beds
1.5 Baths
2,598 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 26, 2019

Last sale price $537,500 $207 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,745/month

3 Days on Market

Highlights

  • Water Views
  • 1.25 Acre Lot
  • Contemporary Architecture
  • Water Access
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2019

A stunning 3 level Contemporary home with all the "bells and whistles" overlooking the Pettaquamscutt River. Lots of glass, decks, open spaces, gorgeous stone fireplace (with Pellet stove) shinny hardwoods and updated kitchen with granite. Updated utilities, heating, etc. Huge rec room (could be 2nd level master suite with attic (shilete) expansion for den/office, etc. Many options. This is a must see to take in the home's exceptional quality and flexibility of living spaces. Private road with easy access to URI, beaches, marinas, Newport and workplaces.

Last Agent to Sell the Property

Ned Caswell

RE/MAX FLAGSHIP, INC. License #REB.0005099 Listed on: 11/22/2019

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Louise Melillo

Coldwell Banker Realty License #REC.0016191

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,525

Year Built

  • Built in 1995

Lot Details

  • 1.25 Acre Lot
  • Property is zoned R80

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,598 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Thermal Windows
  • Workshop
  • Storage Room
  • Wood Flooring
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Breezeway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Radiant Heating System
  • Heating System Uses Steam
  • 200+ Amp Service
  • 100 Amp Service
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Saunderstown Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 408WALMSLEYLANESKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,525

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Subdivision Name: Saunderstown
  • Above Grade Finished Sq Ft: 2598.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1995
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Skylights, Tub Shower
  • Living Area: 2598.0
  • Dining Room Type: Storage Room, Workshop
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Balcony, Breezeway, Deck
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Hot Water, Oil, Other, Radiant, Zoned, Pellet Stove
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54450.0
  • Parcel #: 408WALMSLEYLANESKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7525.0
  • Tax Lot: 5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 20, 2019
Sold by
Clauson Edward P
Bought by
Lawless John C and Lawless Marianne E
Seller's Agent
Ned Caswell
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Louise Melillo
Coldwell Banker Realty
List Price
$549,900
Sold Price
$537,500
Premium/Discount to List
-$12,400
-2.25%
Total Days on Market
3
Current Estimated Value
$917,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,694
Avg. Annual Appreciation
11.38%
Original Mortgage
$430,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2017
Sold by
Clauson Edward P and Clauson Leigh R
Bought by
Clauson Edward P
Source: Public Records

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Range of Values:

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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
Lawless John C $537,500 None Available
Clauson Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless John C $45,000
Open Lawless John C $423,500
Closed Lawless John C $430,000
Previous Owner Clauson Edward P $110,000
Previous Owner Clauson Edward P $75,000
Previous Owner Clauson Edward P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2019 12/26/19 Sold $537,500 -2.3% $207 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $549,900 -- $212 / 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
2024 $7,337 $664,000 $193,900 $470,100
2023 $7,337 $664,000 $193,900 $470,100
2022 $7,271 $664,000 $193,900 $470,100
2021 $7,423 $513,700 $168,700 $345,000
2020 $7,423 $513,700 $168,700 $345,000
2019 $7,423 $513,700 $168,700 $345,000
2018 $7,849 $500,600 $220,100 $280,500
2017 $7,664 $500,600 $220,100 $280,500
2016 $7,554 $500,600 $220,100 $280,500
2015 $7,298 $470,200 $200,500 $269,700
2014 $7,279 $470,200 $200,500 $269,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1241855

State-Wide MLS

APN: SKIN-001901-000000-000005