NOT LISTED FOR SALE

1504 Fairway Dr Middletown, RI 02842

Estimated Value: $518,000 - $562,000

2 Beds
2.5 Baths
2,052 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $395,000 $192 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,810/month

34 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Attic
  • Water Views
  • Wood Flooring
  • Recreation Facilities

About This Home

As of July 2021

Perfectly situated with water views of Narragansett Bay from every level, this townhome style condo has everything you need! The tiled entry flows into the open concept kitchen and living area. In the kitchen you'll find a lovely combination of open shelving and cabinets, Granite countertops, and a sweet breakfast nook. The laundry and half bath are tucked away, yet accessible. Enjoy the serene open space and water views from the living room. The second level has a master bedroom with ensuite bath, complete with double sinks. Watch the AMAZING sunsets over the Bay from the balcony. An additional bedroom and hall bathroom can also be found on this level. Gorgeous natural light floods the completely finished third floor! This room could be utilized as an office, den, play room, guest space, etc...the choice is yours! This condo includes covered parking for one car, and additional storage in the carport. Centrally located in Middletown, with easy access to the Naval base, golf, shopping, and dining.

Last Agent to Sell the Property

Tammy Bass

Hogan Associates Christie's License #RES.0040116 Listed on: 04/27/2021

Last Buyer's Agent

Tammy Bass

Hogan Associates Christie's License #RES.0040116 Listed on: 04/27/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1987

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2,052 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4602
  • Assessor Parcel Number 1504FAIRWAYDRMDLT

Community Details

Overview

  • Brown's Lane Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,677

Year Built

Built in 1987

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Brown's Lane
  • Above Grade Finished Sq Ft: 2052.0
  • Building Name: Westridge
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1987
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 2052.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • 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, Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 440.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1504FAIRWAYDRMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3677.0
  • Tax Lot: 4602
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jul 1, 2021
Sold by
Zanitsch Sara A
Bought by
Rodriguez Alicia
Seller's Agent
Tammy Bass
Hogan Associates Christie's
Buyer's Agent
Tammy Bass
Hogan Associates Christie's
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%
Total Days on Market
34
Current Estimated Value
$534,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,750
Avg. Annual Appreciation
7.44%
Original Mortgage
$375,250
Outstanding Balance
$344,150
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,587

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 3, 2018
Sold by
Newsom Larry W and Newsom Carol R
Bought by
Zanitsch Sara A
Seller's Agent
Becky Pulley
Century 21 Topsail Realty
Buyer's Agent
Tammy Bass / Simi Rush
Hogan Associates Christie's
List Price
$318,000
Sold Price
$275,000
Premium/Discount to List
-$43,000
-13.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2005
Sold by
Philpott Edward and Philpott Josephine S
Bought by
Newsom Larry and Newsom Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Rodriguez Alicia $395,000 None Available
Zanitsch Sara A $275,000 --
Newsom Larry $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Alicia $375,250
Previous Owner Zanitsch Sara A $265,000
Previous Owner Philpott Edward R $286,613
Previous Owner Philpott Edward R $308,000
Previous Owner Philpott Edward R $57,750
Previous Owner Philpott Edward R $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $395,000 +2.6% $192 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $385,000 0.0% $188 / Sq Ft
04/03/2019 04/03/19 Rented $2,700 +3.8% --
03/04/2019 03/04/19 Under Contract -- -- --
02/27/2019 02/27/19 For Rent $2,600 0.0% --
08/03/2018 08/03/18 Sold $275,000 -13.5% $134 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $318,000 -- $155 / 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 $4,411 $391,700 $0 $391,700
2023 $3,431 $272,500 $0 $272,500
2022 $3,275 $272,500 $0 $272,500
2021 $3,275 $272,500 $0 $272,500
2020 $3,188 $231,700 $0 $231,700
2018 $3,186 $231,700 $0 $231,700
2016 $3,907 $253,400 $0 $253,400
2015 $3,811 $253,400 $0 $253,400
2014 $3,947 $245,600 $0 $245,600
2013 $3,858 $245,600 $0 $245,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1281008

State-Wide MLS

APN: MIDD-000106-000000-004602