NOT LISTED FOR SALE

251 Island Dr Middletown, RI 02842

Estimated Value: $993,000 - $1,156,000

4 Beds
2.5 Baths
2,249 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $780,000 $347 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,876/month

37 Days on Market

Highlights

  • 0.69 Acre Lot
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2021

Improved price! Ready to be your home for the Holidays!
Come home to 251 Island Farm! Built in 2001, this well-appointed 4 bed, 2.5 bath Colonial is nestled in the highly desirable Island Farm neighborhood. Highlighted by bright, eat-in kitchen with granite island opening to large family room with wood-burning fireplace. Formal dining room and bonus first floor room could be home office, playroom, formal living room offering privacy with french doors. Laundry on first floor in half bath. Large master suite with walk-in closet, over-sized 2 car garage, central A/C. Large, private landscaped yard with large deck offers flat, lush space for outdoor play and entertaining. Additional storage in shed. Convenient location with accessibility to town yet private neighborhood with sidewalks and underground utilities.

Last Agent to Sell the Property

Joann Neville

RE/MAX FLAGSHIP, INC. License #RES.0041975 Listed on: 10/21/2021

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Winthrop Reed Jr

Win R Realty License #REB.0014867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,173

Year Built

  • Built in 2001

Lot Details

  • 0.69 Acre Lot
  • Corner Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,249 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 827
  • Assessor Parcel Number 251ISLANDDRMDLT

Community Details

Overview

  • Island Farm Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,173

Year Built

Built in 2001

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Subdivision Name: Island Farm
  • Above Grade Finished Sq Ft: 2249.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 2249.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 150.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30056.0
  • Parcel #: 251ISLANDDRMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9173.0
  • Tax Lot: 827
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 23, 2021
Sold by
Rowe David W and Peters Kerry A
Bought by
Seil Michael
Seller's Agent
Joann Neville
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Winthrop Reed Jr
Win R Realty
List Price
$859,000
Sold Price
$780,000
Premium/Discount to List
-$79,000
-9.2%
Current Estimated Value
$1,069,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,254
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Apr 14, 2004
Sold by
Silveira Edward and Silveira Heather
Bought by
Hamilton Richard and Hamilton Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Eric Johnson Homes Inc
Bought by
Silveira Edward J and Silveira Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.73%
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
Seil Michael $780,000 None Available
Hamilton Richard $650,000 --
Silveira Edward J $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silveira Edward J $442,000
Previous Owner Silveira Edward J $300,700
Previous Owner Silveira Edward J $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $780,000 -9.2% $347 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $859,000 -- $382 / 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 $11,492 $1,020,600 $611,500 $409,100
2023 $7,910 $628,300 $306,000 $322,300
2022 $7,552 $628,300 $306,000 $322,300
2021 $7,552 $628,300 $306,000 $322,300
2020 $7,261 $527,700 $236,900 $290,800
2018 $7,256 $527,700 $236,900 $290,800
2016 $8,262 $535,800 $244,200 $291,600
2015 $8,058 $535,800 $244,200 $291,600
2014 $8,437 $525,000 $213,800 $311,200
2013 $8,248 $525,000 $213,800 $311,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1296779

State-Wide MLS

APN: MIDD-000117-000000-000827