NOT LISTED FOR SALE

296 Chases Ln Middletown, RI 02842

Estimated Value: $582,000 - $740,000

3 Beds
1 Bath
1,348 Sq Ft
$492/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $530,000 $393 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,986/month

17 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Public Transportation
  • Water Views
  • 1 Car Attached Garage
  • Shops

About This Home

As of September 2021

THIS PRICE INCLUDES A SEPARATELY DEEDED .38 ACRE LOT!! Many opportunities! Enjoy mesmerizing VIEWS of Narragansett Bay from the sunny deck of this split level home. Features include hardwood floors, a brick fireplace, large yard and a one car garage. Prime location right next to the Newport Naval Station. Close to Newport and the beaches. Don't miss out!

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 08/13/2021

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,667

Year Built

  • Built in 1965

Lot Details

  • 0.48 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 6B and C
  • Assessor Parcel Number 296CHASESLANEMDLT

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,667

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4791
  • Above Grade Finished Sq Ft: 1060.0
  • Architectural Style: Split-Level
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 288.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Living Area: 1348.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20871.0
  • Parcel #: 296CHASESLANEMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5667.0
  • Tax Lot: 6B and C
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 28, 2021
Sold by
Edward Robert A and Edward Meg E
Bought by
Higgins Scott R
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%
Current Estimated Value
$663,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,005
Avg. Annual Appreciation
4.76%
Original Mortgage
$503,500
Outstanding Balance
$464,098
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,858

Purchase Details

Closed on
May 4, 1998
Sold by
Edward-Shugnet C A and Edward-Shugnet Edward Lynn
Bought by
Meg Edward Jr Robert A and Meg Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Higgins Scott R $530,000 None Available
Meg Edward Jr Robert A $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Scott R $503,500
Closed Higgins Scott R $503,500
Previous Owner Meg Edward Jr Robert A $80,000
Previous Owner Meg Edward Jr Robert A $100,000
Previous Owner Meg Edward Jr Robert A $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $530,000 -11.5% $393 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $599,000 -- $444 / 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 $5,444 $483,500 $346,300 $137,200
2023 $4,179 $331,900 $223,500 $108,400
2022 $3,989 $331,900 $223,500 $108,400
2021 $3,989 $331,900 $223,500 $108,400
2020 $3,569 $259,400 $165,200 $94,200
2018 $3,567 $259,400 $165,200 $94,200
2016 $3,610 $234,100 $138,500 $95,600
2015 $3,521 $234,100 $138,500 $95,600
2014 $3,762 $234,100 $138,500 $95,600
2013 $3,678 $234,100 $138,500 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1290783

State-Wide MLS

APN: MIDD-000106-000000-000006B