NOT LISTED FOR SALE

1503 Fairway Dr Middletown, RI 02842

Estimated Value: $548,936 - $580,000

2 Beds
2.5 Baths
2,098 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 11, 2014

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

Est. 127% increase in value since last sale

Current estimated payment $3,788/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
  • Hot Water Heating System
  • 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

  • Pets 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
  • Pets No Pets Comments: Cats,Pets Negotiable,Small Dogs (under 25 lbs.)
  • 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: Foyer, Kitchen, Laundry, Primary Bedroom
  • Stories: 3

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: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1503FAIRWAYDR1503MDLT

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%
Current Estimated Value
$568,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,734
Avg. Annual Appreciation
7.58%
Original Mortgage
$200,000
Outstanding Balance
$152,112
Interest Rate
4.12%
Estimated Equity
$416,622

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Reinoehl-Mateikat Holly $193,600
Previous Owner Reinoehl-Mateikat Holly $169,000
Previous Owner Reinoehl-Mateikat Holly $200,000
Previous Owner Reinoehl-Mateikat Holly $120,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $4,861 $412,300 $0 $412,300
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

    12 in this area

    70 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.

    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

Not Listed for Sale

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