NOT LISTED FOR SALE

1503 Fairway Dr Middletown, RI 02842

Estimated Value: $527,000 - $562,000

2 Beds
2.5 Baths
2,098 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $250,000 $119 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,852/month

142 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Laundry Room
  • Golf Course Community
  • Walking Distance to Water
  • Public Transportation

About This Home

As of September 2014

Fantastic 3 level townhouse, 2 decks w/views of Narragansett Bay. Over 2000 sqft of maintainance free space w/ spacious rooms and closet space . A quiet complex with great southern exposure. Next to Wanumetonomy golf course -close to shopping.

Last Agent to Sell the Property

Kevan Campbell

Hogan Associates Christie's License #RES.0034444 Listed on: 03/22/2014

Co-Listed By

Diane Foley

REAL ESTATE ONE License #REB.0010831

Last Buyer's Agent

Diane Foley

REAL ESTATE ONE License #REB.0010831

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,910

Year Built

  • Built in 1987

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Unassigned Parking

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,098 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 4603
  • Assessor Parcel Number 1503FAIRWAYDR1503MDLT

Community Details

Overview

  • Browns Lane Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,910

Year Built

Built in 1987

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: RONE
  • Co List Office Phone: 401-739-0110
  • Subdivision Name: Browns Lane
  • Above Grade Finished Sq Ft: 2098.0
  • Building Name: Westridge
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1987
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 2098.0
  • Dining Room Type: Kitchen, Laundry
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Carport, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1503FAIRWAYDR1503MDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3910.0
  • Tax Block: 4603
  • Tax Lot: n/a
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2014
Closed on
Sep 11, 2014
Sold by
Mateikat Robert and Mateikat Holly R
Bought by
Mateikat John R
Seller's Agent
Kevan Campbell
Hogan Associates Christie's
Buyer's Agent
Diane Foley
REAL ESTATE ONE
List Price
$272,000
Sold Price
$250,000
Premium/Discount to List
-$22,000
-8.09%
Total Days on Market
142
Current Estimated Value
$546,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,033
Avg. Annual Appreciation
7.54%
Original Mortgage
$200,000
Outstanding Balance
$155,194
Interest Rate
4.12%
Estimated Equity
$390,839

Purchase Details

Listed on
Aug 24, 2011
Closed on
Aug 24, 2012
Sold by
Heavisides Hope M and Heavisides Laurence E
Bought by
Reinoehl-Mateikat Holly and Mateikat John Robert
Seller's Agent
Shirley Mello
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$254,500
Sold Price
$242,000
Premium/Discount to List
-$12,500
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$193,600
Interest Rate
3.61%
Mortgage Type
New Conventional
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
Mateikat John R $250,000 --
Reinoehl-Mateikat Holly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mateikat John R $200,000
Previous Owner Heavisides Lawrence E $193,600
Previous Owner Heavisides Lawrence E $169,000
Previous Owner Heavisides Lawrence E $200,000
Previous Owner Heavisides Lawrence E $120,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $250,000 -8.1% $119 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
03/22/2014 03/22/14 For Sale $272,000 +12.4% $130 / Sq Ft
08/24/2012 08/24/12 Sold $242,000 -4.9% $115 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
08/24/2011 08/24/11 For Sale $254,500 -- $121 / 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 $4,642 $412,300 $0 $412,300
2023 $3,610 $286,700 $0 $286,700
2022 $34 $286,700 $0 $286,700
2021 $3,948 $286,700 $0 $286,700
2020 $3,353 $243,700 $0 $243,700
2018 $3,351 $243,700 $0 $243,700
2016 $3,958 $256,700 $0 $256,700
2015 $3,861 $256,700 $0 $256,700
2014 $4,000 $248,900 $0 $248,900
2013 $3,910 $248,900 $0 $248,900
Source: Public Records

Agents Affiliated with this Home

  • Kevan Campbell

    Seller's Agent in 2014

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    3 in this area

    77 Total Sales

    Kevan Campbell
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Diane Foley

    REAL ESTATE ONE

    Section Image

  • S

    Seller's Agent in 2012

    Shirley Mello

    RE/MAX Profnl. Newport, Inc.

    (401) 338-4343

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1062787

State-Wide MLS

APN: MIDD-000106-000000-004603

Rhode Island Newport County Middletown 02842

1503 Fairway Dr, Middletown, RI

This home is located at 1503 Fairway Dr, Middletown, RI 02842 since 22 March 2014 and is currently estimated at $546,033, approximately $260 per square foot. This property was built in 1987. 1503 Fairway Dr is a home located in Newport County with nearby schools including Middletown High School and All Saints STEAM Academy.

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