NOT LISTED FOR SALE

13 Shangri la Ln Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $690,000 - $851,000

4 Beds
2 Baths
1,728 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $277,500 $161 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,371/month

21 Days on Market

Highlights

  • Deck
  • Attic
  • Forced Air Heating System
  • Wood Flooring
  • Porch
  • 5-minute walk to Vernon Park

About This Home

As of April 2015

Situated on a 1/5th of an acre of land, this townhouse has a huge yard, private deck and a private basement to call yours while still offering added income. Located on the town line, minutes to downtown, the beaches, bridges and navy base.

Last Agent to Sell the Property

Jeff Brooks

Hogan Associates Christie's License #RES.0034174 Listed on: 04/06/2015

Last Buyer's Agent

Libby Kirwin

Libby Kirwin Real Estate License #REB.0017170

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1944

Lot Details

  • 8,265 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Magnolia Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / ne
  • Assessor Parcel Number 1315SHANGRI-LALANEMDLT

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,553

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1897
  • Subdivision Name: MAGNOLIA TERRACE
  • Above Grade Finished Sq Ft: 1728.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1944
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic
  • Living Area: 1728.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8265.0
  • Parcel #: 1315SHANGRI-LALANEMDLT
  • Zoning: r10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4553.0
  • Tax Block: ne
  • Tax Lot: 25
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 1995
Sold by
Greichen John J and Greichen Patricia
Bought by
Aleicho Anthony J
Current Estimated Value
$696,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.48%
Source: Public Records

Range of Values:

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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
Aleicho Anthony J $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aleicho Anthony J $100,000
Closed Aleicho Anthony J $90,000
Closed Aleicho Anthony J $15,000
Closed Aleicho Anthony J $125,000
Closed Aleicho Anthony J $114,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $277,500 -2.6% $161 / Sq Ft
04/06/2015 04/06/15 For Sale $285,000 -- $165 / 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 $6,316 $560,900 $264,500 $296,400
2023 $4,111 $326,500 $170,600 $155,900
2022 $3,925 $326,500 $170,600 $155,900
2021 $3,925 $326,500 $170,600 $155,900
2020 $3,690 $268,200 $126,100 $142,100
2018 $3,688 $268,200 $126,100 $142,100
2016 $3,866 $250,700 $104,500 $146,200
2015 $3,771 $250,700 $104,500 $146,200
2014 $3,515 $218,700 $95,000 $123,700
2013 $3,436 $218,700 $95,000 $123,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Brooks

    Seller's Agent in 2015

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    14 in this area

    132 Total Sales

    Section Image
  • Libby Kirwin

    Buyer's Agent in 2015

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    3 in this area

    55 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1091748

State-Wide MLS

APN: MIDD-000109-N000000E-000019

Rhode Island Newport County Middletown 02842 Newport East

13 Shangri la Ln, Middletown, RI

This home is located at 13 Shangri la Ln, Middletown, RI 02842 since 06 April 2015 and is currently estimated at $748,478, approximately $433 per square foot. This property was built in 1944. 13 Shangri la Ln is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and All Saints STEAM Academy.

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