NOT LISTED FOR SALE

101 Fayal Ln Middletown, RI 02842

Estimated Value: $933,000 - $1,467,602

2 Beds
2.5 Baths
3,408 Sq Ft
$350/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $533,000 $156 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $7,255/month

35 Days on Market

Highlights

  • Spa
  • Deck
  • Skylights
  • Cape Cod Architecture
  • Furnished
  • Porch

About This Home

As of November 2018

HOME IS AGGRESSIVELY PRICED FOR QUICK SALE !! PRICED BELOW ASSESSMENT!! SELLERS ARE RELOCATING THEY CAN CLOSE QUICK WITH NO CONTINGENCIES!! THIS HOME OFFERS OVER 3400 SF. WHICH INCLUDES A FIRST FLOOR MASTER EN SUITE WITH SLIDERS OFF MASTER TO THE HOT TUB TO RELAX IN ON THOSE COLD NIGHTS UNDER THE STARS. Privacy and Sought out location on a quiet dead end street. Close to our amazing Beaches, Norman Bird Sanctuary, Newport National Golf, Downtown Newport, Navy Base, Newport Vineyards, Shopping, Restaurants and so much more. Central air through out. Eat in Kitchen with Granite counters and Stainless Steel appliances with a EXPANSIVE ISLAND!! Living room has a fire place for those chilly nights. DEN with WALK IN CLOSET!! Sprawling family room with sky lights on the second floor, Great for entertaining, watching movies, playing games or just hanging out. Custom chair rails and crown moldings. The backyard has a pool with attached deck. This homes sits on half acre lot and abuts to Aquidneck Land Trust. Two sheds for all your outside toys and extra storage, along with a over sized two car garage with a beautiful white stone driveway!! Your own piece of paradise!! THIS HOME HAS THE STATE OF THE ART ADVANTEX SEPTIC SYSTEM IN PLACE!!

Last Agent to Sell the Property

JoAnn Houle

BerkshireHathaway HomeServices License #RES.0040747 Listed on: 09/08/2018

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,911

Year Built

  • Built in 2008

Lot Details

  • 0.48

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,408 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Skylights
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Accessible Home Design

  • Accessible Hallway
  • Accessible Doors

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Deck
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • 0.48 Acre Lot
  • Property near a hospital

Community Details

  • Public Transportation

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 101FAYALLANEMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,911

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Above Grade Finished Sq Ft: 3408.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer, Humidifier
  • Other Equipment: Satellite Dish
  • Accessibility Features: Accessible Doors, Accessible Hallway(s)
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Skylights, Tub Shower, Furnished
  • Living Area: 3408.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Above Ground
  • Construction Type: Drywall, Plaster, 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: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20909.0
  • Parcel #: 101FAYALLANEMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8911.38
  • Tax Lot: 49
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Nov 14, 2018
Sold by
Houle James M and Houle Joann M
Bought by
Costello Joseph T
Seller's Agent
JoAnn Houle
BerkshireHathaway HomeServices
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$569,999
Sold Price
$533,000
Premium/Discount to List
-$36,999
-6.49%
Current Estimated Value
$1,193,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,901
Avg. Annual Appreciation
12.14%
Original Mortgage
$479,700
Outstanding Balance
$420,098
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$773,803

Purchase Details

Closed on
Jun 28, 1999
Sold by
Williams Blancha H
Bought by
Griffith Tracy A
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
Costello Joseph T $533,000 --
Griffith Tracy A $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Joseph T $479,700
Previous Owner Griffith Tracy A $376,000
Previous Owner Griffith Tracy A $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $533,000 -6.5% $156 / Sq Ft
10/14/2018 10/14/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $569,999 -- $167 / 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 $11,910 $1,010,200 $378,000 $632,200
2024 $11,375 $1,010,200 $378,000 $632,200
2023 $9,634 $765,200 $275,700 $489,500
2022 $9,198 $765,200 $275,700 $489,500
2021 $9,198 $765,200 $275,700 $489,500
2020 $8,918 $648,100 $211,900 $436,200
2018 $8,911 $648,100 $211,900 $436,200
2016 $9,328 $604,900 $192,700 $412,200
2015 $9,098 $604,900 $192,700 $412,200
2014 $9,131 $568,200 $175,100 $393,100
2013 $8,926 $568,200 $175,100 $393,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1203608

State-Wide MLS

APN: MIDD-000124-000000-000049