NOT LISTED FOR SALE

1837 W Main Rd Middletown, RI 02842

Estimated Value: $922,000 - $1,085,000

6 Beds
3 Baths
2,686 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $390,000 $145 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,909/month

186 Days on Market

Highlights

  • 0.95 Acre Lot
  • 2 Car Detached Garage
  • Porch
  • Wood Flooring
  • Thermal Windows
  • Cooling Available

About This Home

As of August 2016

Investment property or owner occupied with income. main unit 3 bedrooms,with renovated kitchen and dining area with stone patio, 2 bedroom apartment upstairs with private entrance. Separate 1 bedroom cottage, 1 car garage. $5,000. Closing credit

Last Agent to Sell the Property

BRUCE ALLEN

RE/MAX Profnl. Newport, Inc. License #REB.0010327 Listed on: 01/27/2016

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,981

Year Built

  • Built in 1940

Lot Details

  • 0.95 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 2
  • Assessor Parcel Number 1837WESTMAINRDMDLT

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Pasture Farm Rd Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,981

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.95
  • Subdivision Name: PASTURE FARM RD
  • Above Grade Finished Sq Ft: 2686.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1940
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Accessibility Features: Other
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Living Area: 2686.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Individual, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Parcel #: 1837WESTMAINRDMDLT
  • Zoning: R20A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 5981.0
  • Tax Lot: 2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Aug 31, 2016
Sold by
Silveira Margaret L and Silveira-Allen Marie E
Bought by
Mccauley Dawn
Seller's Agent
BRUCE ALLEN
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Dawn McCauley
RE/MAX Profnl. Newport, Inc.
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%
Current Estimated Value
$993,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,638
Avg. Annual Appreciation
10.75%
Original Mortgage
$379,883
Outstanding Balance
$303,631
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$690,007
Source: Public Records

Range of Values:

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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
Mccauley Dawn $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Dawn $379,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $390,000 -9.1% $145 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $429,000 -- $160 / 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 $8,496 $754,500 $371,000 $383,500
2023 $6,982 $554,600 $253,600 $301,000
2022 $6,666 $554,600 $253,600 $301,000
2021 $6,666 $554,600 $253,600 $301,000
2020 $6,170 $448,400 $191,300 $257,100
2018 $6,166 $448,400 $191,300 $257,100
2016 $6,133 $397,700 $172,600 $225,100
2015 $5,981 $397,700 $172,600 $225,100
2014 $5,821 $362,200 $148,700 $213,500
2013 $5,690 $362,200 $148,700 $213,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BRUCE ALLEN

    RE/MAX Profnl. Newport, Inc.

    1 Total Sale

    BRUCE ALLEN
    Section Image
  • Dawn McCauley

    Buyer's Agent in 2016

    Dawn McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 864-6348

    29 in this area

    76 Total Sales

    Dawn McCauley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1116666

State-Wide MLS

APN: MIDD-000111-000000-000002

Rhode Island Newport County Middletown 02842

1837 W Main Rd, Middletown, RI

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