NOT LISTED FOR SALE

8 Major Cleathe Runway Narragansett, RI 02882

Estimated Value: $740,000 - $928,000

3 Beds
2.5 Baths
2,184 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $480,000 $220 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,721/month

64 Days on Market

Highlights

  • 0.49 Acre Lot
  • Deck
  • Attic
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Game Room

About This Home

As of September 2019

Just 1 mile to Scarborough Beach and steps away from Salt Pond, this is the perfect one level house to lay down your beach chairs and kick off those flip flops! With 3 beds & 2 1/2 baths, this property offers many updates throughout, including newer roof, heating system, Trex deck, and Vinyl shingles! The inviting floor plan greets you in the living room and winds its way through the dining area before leading you into the kitchen. Sliders off of the kitchen lead to the elevated Trex Deck with beautiful views of the backyard! The first floor is completed by a Master bedroom with 1/2 bath, 2 more full size bedrooms, and full bathroom. The finished basement is the perfect family room and features a second kitchen and full bathroom...plenty of room for storage! A sliding glass door walks out to a stone patio. The exterior of this property features an outdoor shower, and awesome yard for entertaining family and friends alike! Ready to enjoy for the Summer! Rented 2019/2020 academic year, sold furnished!

Last Agent to Sell the Property

Nicole Maine

Lila Delman Compass License #RES.0040914 Listed on: 06/24/2019

Lila Delman Compass

Last Buyer's Agent

James Durkin

Durkin Cottage Realty License #REB.0010447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1960

Lot Details

  • 0.49 Acre Lot
  • Property is zoned R20

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Game Room
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Whole House Fan
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Community Details

  • Point Judith/Scarborough/Salt Pond Subdivision

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 8MAJORCLETHERUNWAYNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,038

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4922
  • Subdivision Name: Point Judith/Scarborough/Salt Pond
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1092.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Wet Bar, Bathtub, Permanent Attic Stairs, Tub Shower
  • Living Area: 2184.0
  • Dining Room Type: Bathroom, Game Room, Kitchen, Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21440.0
  • Parcel #: 8MAJORCLETHERUNWAYNARR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4038.0
  • Tax Lot: 97
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 26, 2019
Sold by
Mongiello Michael and Mongiello Judith
Bought by
Laduke Rebecca L and Laduke David R
Seller's Agent
Nicole Maine
Lila Delman Compass
Buyer's Agent
James Durkin
Durkin Cottage Realty
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%
Current Estimated Value
$824,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,899
Avg. Annual Appreciation
9.40%
Original Mortgage
$205,000
Outstanding Balance
$179,956
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,943

Purchase Details

Closed on
Feb 20, 2007
Sold by
Lerz Antoinette
Bought by
Mongiello Michael and Mongiello Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,625
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Laduke Rebecca L $480,000 --
Mongiello Michael $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laduke Rebecca L $205,000
Previous Owner Mongiello Michael $258,000
Previous Owner Mongiello Michael $266,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $480,000 -8.6% $220 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $525,000 -- $240 / 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 $3,957 $604,100 $274,400 $329,700
2023 $3,710 $398,500 $177,000 $221,500
2022 $3,587 $398,500 $177,000 $221,500
2021 $3,531 $398,500 $177,000 $221,500
2020 $4,304 $410,700 $205,100 $205,600
2019 $4,152 $405,900 $205,100 $200,800
2018 $4,039 $405,900 $205,100 $200,800
2017 $3,543 $335,500 $183,800 $151,700
2016 $3,382 $335,500 $183,800 $151,700
2015 $3,335 $335,500 $183,800 $151,700
2014 $3,368 $335,500 $183,800 $151,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1227570

State-Wide MLS

APN: NARR-000097-000000-R000001