NOT LISTED FOR SALE

20 Sherman Ln Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $547,000 - $639,340

3 Beds
2 Baths
1,040 Sq Ft
$576/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $190,900 $184 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $3,867/month

14 Days on Market

Highlights

  • 0.55 Acre Lot
  • Laundry Room
  • Public Transportation
  • Wood Flooring
  • Storage Room
  • Shops

About This Home

As of April 2016

MIDDLETOWN-GREAT INVESTMENT OR LIVE IN ONE AND COLLECT ON THE OTHER. SIDE BY SIDE DUPLEX, NICE YARD. THIS IS CLOSE TO ALL CONVENIENCES, DOWNTOWN NEWPORT AND BEACHES.

Last Agent to Sell the Property

Kristin Coletti

Bruce Allen, REALTORS License #RES.0025527 Listed on: 03/04/2016

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1978

Lot Details

  • 0.55

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Outbuilding
  • 0.55 Acre Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 26A / SW
  • Assessor Parcel Number 20SHERMANLANEMDLT

Community Details

Overview

  • 2 Units
  • Middletown Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,858

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.55
  • Subdivision Name: MIDDLETOWN
  • Above Grade Finished Sq Ft: 1040.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1978
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1040.0
  • Dining Room Type: Bedroom, Laundry, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 20SHERMANLANEMDLT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3858.0
  • Tax Block: SW
  • Tax Lot: 26A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2018
Sold by
Sheeley Ann P
Bought by
Vanderveer Charles and Vanderveer Kathleen S
Total Days on Market
14
Current Estimated Value
$599,085

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 18, 2016
Sold by
Fnma
Bought by
Sheeley Ann P
Seller's Agent
Kristin Coletti
Bruce Allen, REALTORS
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$189,900
Sold Price
$190,900
Premium/Discount to List
$1,000
0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Original Mortgage
$220,492
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Moriarty Daniel P and Jeffres Valerie
Bought by
Moriarty Daniel P

Purchase Details

Closed on
Apr 7, 2005
Sold by
Downes Thomas B and Downes Kimberly A
Bought by
Moriarty Daniel P and Jeffres Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Vanderveer Charles -- --
Sheeley Ann P $190,900 --
Moriarty Daniel P -- --
Moriarty Daniel P $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheeley Ann P $14,458
Previous Owner Sheeley Ann P $220,492
Previous Owner Moriarty Daniel P $212,000
Previous Owner Moriarty Daniel P $39,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $190,900 +0.5% $184 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $189,900 -- $183 / 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 $6,044 $536,800 $328,400 $208,400
2023 $4,355 $345,900 $222,500 $123,400
2022 $4,158 $345,900 $222,500 $123,400
2021 $4,158 $345,900 $222,500 $123,400
2020 $3,853 $280,000 $167,200 $112,800
2018 $3,850 $280,000 $167,200 $112,800
2016 $3,955 $256,500 $150,600 $105,900
2015 $3,858 $256,500 $150,600 $105,900
2014 $3,633 $226,100 $129,300 $96,800
2013 $3,552 $226,100 $129,300 $96,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kristin Coletti

    Bruce Allen, REALTORS

    (401) 641-5625

    49 Total Sales

    Kristin Coletti
    Section Image
  • Chad Kritzas

    Buyer's Agent in 2016

    Chad Kritzas

    HomeSmart Professionals

    12 in this area

    226 Total Sales

    Chad Kritzas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1119275

State-Wide MLS

APN: MIDD-000107-S000000W-000026A

Rhode Island Newport County Middletown 02842 Newport East

20 Sherman Ln, Middletown, RI

This home is located at 20 Sherman Ln, Middletown, RI 02842 since 04 March 2016 and is currently estimated at $599,085, approximately $576 per square foot. This property was built in 1978. 20 Sherman Ln is a home located in Newport County with nearby schools including Middletown High School and All Saints STEAM Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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