NOT LISTED FOR SALE

148 Trout Dr Middletown, RI 02842

Estimated Value: $580,618 - $668,000

2.37 Acres
$261,550 Price per Acre
103,237 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $490,000

Est. 27% increase in value since last sale

Current estimated payment $3,414/month

Highlights

  • 2.37 Acre Lot
  • Wetlands on Lot
  • Level Lot

About This Lot

As of July 2023

Nestled in this quiet neighborhood is a 2.37 acre approved buildable lot with sewer and municipal water approvals. House plans by Cordtsen Design are available for a 4 bedroom, 4.5 bath home with detached garage and loft. The location offers easy access to 2nd( 4 minute drive to 2nd beach) and 3rd Beaches and Newport.

Last Agent to Sell the Property

J Michael Hill

Hogan Associates Christie's Brokerage Phone: 401-447-9180 License #REB.0011848 Listed on: 07/07/2023

Last Buyer's Agent

Colleen Weaver

Hogan Associates Christie's License #REB.0018311

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,448

Lot Details

  • 2.37 Acre Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned R40

Listing and Financial Details

  • Tax Lot 903
  • Assessor Parcel Number 148TROUTDRMDLT

Community Details

Overview

  • Green End Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,448

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.37
  • Road Surface Type: Concrete
  • Subdivision Name: Green End
  • New Construction: No
  • Attribution Contact: 401-447-9180
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Level, Wetlands
  • Topography: Level

Utilities

  • Sewer: Storm Sewer
  • Utilities: Electricity Available, Municipal Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 103237.0
  • Parcel #: 148TROUTDRMDLT
  • Zoning Description: Residential
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1448.0
  • Tax Lot: 903
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jul 7, 2023
Sold by
Barnes David T
Bought by
Sullivan Sean and Weaver Colleen
Seller's Agent
J Michael Hill
Hogan Associates Christie's
Buyer's Agent
Colleen Weaver
Hogan Associates Christie's
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Views
3
Current Estimated Value
$619,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,873
Avg. Annual Appreciation
10.16%
Original Mortgage
$165,000
Outstanding Balance
$160,560
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,313

Purchase Details

Closed on
May 17, 2016
Sold by
Kenko Builders Inc
Bought by
Barnes David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sullivan Sean $490,000 None Available
Barnes David T $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Sean $165,000
Previous Owner Barnes David T $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $490,000 -10.7% --
07/07/2023 07/07/23 For Sale $549,000 -- --
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 $1,955 $165,800 $165,800 $0
2024 $1,867 $165,800 $165,800 $0
2023 $1,496 $118,800 $118,800 $0
2022 $1,428 $118,800 $118,800 $0
2021 $1,428 $118,800 $118,800 $0
2020 $1,342 $97,500 $97,500 $0
2018 $1,341 $97,500 $97,500 $0
2016 $786 $51,000 $51,000 $0
2015 $767 $51,000 $51,000 $0
2014 $3,759 $233,900 $233,900 $0
2013 $3,675 $233,900 $233,900 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    J Michael Hill

    Hogan Associates Christie's

    (401) 447-9180

    2 in this area

    9 Total Sales

    J Michael Hill
    Section Image
  • Colleen Weaver

    Buyer's Agent in 2023

    Colleen Weaver

    Hogan Associates Christie's

    (401) 835-0075

    9 in this area

    12 Total Sales

    Colleen Weaver
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1339078

State-Wide MLS

APN: MIDD-000120-000000-000903

Rhode Island Newport County Middletown 02842

148 Trout Dr, Middletown, RI

Not Listed for Sale

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