NOT LISTED FOR SALE

2 Thelma Ln Unit 1 Middletown, RI 02842

Estimated Value: $744,000 - $867,986

2 Beds
2.5 Baths
1,950 Sq Ft
$404/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $419,900 $215 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,126/month

11 Days on Market

Highlights

  • Under Construction
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Senior Community
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Sold before print. MLS purpose only.

Last Agent to Sell the Property

Lisa Gauvin

KREG Realty, LLC License #RES.0035209 Listed on: 08/02/2019

Last Buyer's Agent

Paula Wolfang

Custom Service Realty License #REB.0019348

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,425

Year Built

  • Built in 2019 | Under Construction

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14,23B
  • Assessor Parcel Number 2THELMALANE1MDLT

Community Details

Overview

  • Senior Community
  • 36 Units
  • Bailey Brook Condominium Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,425

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Bailey Brook Condominium
  • Above Grade Finished Sq Ft: 1950.0
  • Architectural Style: Loft
  • Building Name: Bailey Brook
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2019
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 1950.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 260.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 2THELMALANE1MDLT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 36

Tax Info

  • Tax Lot: 14,23B
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 11, 2019
Sold by
Bailey Brook Llc
Bought by
Nemani Dinesh and Nemani Linda
Seller's Agent
Lisa Gauvin
KREG Realty, LLC
Buyer's Agent
Paula Wolfang
Custom Service Realty
List Price
$419,900
Sold Price
$419,900
Current Estimated Value
$788,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,597
Avg. Annual Appreciation
11.01%
Original Mortgage
$20,500
Outstanding Balance
$19,174
Interest Rate
3.6%
Mortgage Type
Balloon
Estimated Equity
$768,952
Source: Public Records

Range of Values:

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Average Value
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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
Nemani Dinesh $419,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemani Dinesh $20,500
Open Nemani Dinesh $314,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $419,900 0.0% $215 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $419,900 -- $215 / 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 $8,425 $748,200 $0 $748,200
2023 $5,007 $397,700 $0 $397,700
2022 $4,780 $397,700 $0 $397,700
2021 $4,780 $397,700 $0 $397,700
2020 $5,540 $402,600 $0 $402,600
Source: Public Records

Agents Affiliated with this Home

  • Lisa Gauvin

    Seller's Agent in 2019

    Lisa Gauvin

    KREG Realty, LLC

    (401) 481-5387

    79 Total Sales

    Lisa Gauvin
    Section Image
  • Paula Wolfang

    Buyer's Agent in 2019

    Paula Wolfang

    Custom Service Realty

    (401) 533-1575

    15 Total Sales

    Paula Wolfang
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1231366

State-Wide MLS

APN: MIDD M:0111 B:00 L:14101

Rhode Island Newport County Middletown 02842

2 Thelma Ln Unit 1, Middletown, RI

This home is located at 2 Thelma Ln Unit 1, Middletown, RI 02842 since 02 August 2019 and is currently estimated at $788,497, approximately $404 per square foot. This property was built in 2019. 2 Thelma Ln Unit 1 is a home located in Newport County with nearby schools including Middletown High School, All Saints STEAM Academy, and The Pennfield School.

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