NOT LISTED FOR SALE

259 Browns Ln Middletown, RI 02842

Estimated Value: $665,000 - $741,000

2 Beds
1.5 Baths
1,392 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $499,000 $358 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,371/month

60 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Storm Windows
  • Colonial Architecture
  • 1 Car Detached Garage
  • Bathtub with Shower

About This Home

As of June 2021

Delightful New England Classic! Enjoy waterviews and splendid sunsets, overlooking golf course to Narragansett Bay. 2 bedroom home with an additional separate room for office/guest room/nursery. Very peaceful setting, perfect for summer gatherings, walks and snug winters by the fireplace. Only 4.4 miles to Newport! House perched behind field stone wall with cobblestone lined driveway leading to a detached garage, creating a truly picturesque environment. Numerous improvements within recent years. Tenant's in place until August 31, 2021. Seller's are amenable to continue property management upon sale and up until lease termination date.

Last Agent to Sell the Property

Jeanne Allen

William Raveis Inspire License #REB.0013436 Listed on: 03/29/2021

William Raveis Inspire

Last Buyer's Agent

Kevin Garabedian

GARABEDIAN REAL ESTATE LLC License #REB.0019101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,145

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R20

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 259BROWNSLANEMDLT

Community Details

Overview

  • Wanumetonomy Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,145

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Wanumetonomy
  • Above Grade Finished Sq Ft: 1392.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1392.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 259BROWNSLANEMDLT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 42
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jun 28, 2021
Sold by
Kelly Martin J and Kelly Arline T
Bought by
Dyl Eric M
Seller's Agent
Jeanne Allen
William Raveis Inspire
Buyer's Agent
Kevin Garabedian
GARABEDIAN REAL ESTATE LLC
List Price
$525,000
Sold Price
$499,000
Premium/Discount to List
-$26,000
-4.95%
Current Estimated Value
$704,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,700
Avg. Annual Appreciation
8.37%
Original Mortgage
$474,050
Outstanding Balance
$434,762
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,786

Purchase Details

Closed on
Oct 5, 2007
Sold by
Samse Paula
Bought by
Kelly Martin and Kelly Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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
Dyl Eric M $499,000 None Available
Kelly Martin $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyl Eric M $474,050
Previous Owner Kelly Martin $244,500
Previous Owner Kelly Martin $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $499,000 -5.0% $358 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $525,000 -- $377 / 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 $6,145 $545,700 $359,900 $185,800
2023 $4,918 $390,600 $243,200 $147,400
2022 $4,695 $390,600 $243,200 $147,400
2021 $4,695 $390,600 $243,200 $147,400
2020 $4,304 $312,800 $182,700 $130,100
2018 $4,301 $312,800 $182,700 $130,100
2016 $4,001 $259,500 $143,500 $116,000
2015 $3,903 $259,500 $143,500 $116,000
2014 $3,932 $244,700 $123,200 $121,500
2013 $3,844 $244,700 $123,200 $121,500
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Allen

    Seller's Agent in 2021

    Jeanne Allen

    William Raveis Inspire

    (401) 864-2752

    1 in this area

    8 Total Sales

    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Garabedian

    GARABEDIAN REAL ESTATE LLC

    (401) 787-5194

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1278480

State-Wide MLS

APN: MIDD-000106-000000-000042

Rhode Island Newport County Middletown 02842

259 Browns Ln, Middletown, RI

This home is located at 259 Browns Ln, Middletown, RI 02842 since 29 March 2021 and is currently estimated at $703,931, approximately $505 per square foot. This property was built in 1928. 259 Browns Ln is a home located in Newport County with nearby schools including Middletown High School, All Saints STEAM Academy, and The Pennfield School.

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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