$125,000
SOLD NOV 9, 2018

3 King Rd Middletown, RI 02842

Newport East Neighborhood
2 Beds
1 Bath
744 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$168 Per Sq Ft

31% Below List Price

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Facilities
  • Public Transportation
  • Attic
  • 2 Car Detached Garage
  • Shops

About This Home

As of November 2018

Cute Cape Cod in central Middletown, on a quiet residential street. Located close to shopping, restaurants, and a bus line. Only a short drive away from downtown Newport. The property is in need of a thorough renovation and a new roof. the property has been stripped to the studs. This property is perfect for flipping, great for investors and builders.

Last Agent to Sell the Property

Andrew Kloewer

Keller Williams Coastal License #RES.0043575 Listed on: 09/14/2018

Last Buyer's Agent

Jeff Brooks

Hogan Associates Christie's License #RES.0034174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1946

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R10

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Wood Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Electricity Not Available
  • No Hot Water

Listing and Financial Details

  • Legal Lot and Block 134 / SW
  • Assessor Parcel Number 3KINGRDMDLT

Community Details

Overview

  • 2 Mile Corner Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: 2 Mile Corner
  • Above Grade Finished Sq Ft: 744.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1946
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: No Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 744.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding, Aluminum Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, None
  • Heating Yn: No
  • Electric: None
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 3KINGRDMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3090.38
  • Tax Block: SW
  • Tax Lot: 134
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Nov 9, 2018
Sold by
Shorey William H
Bought by
Crea Brian and Moisiades Anthony
Seller's Agent
Andrew Kloewer
Keller Williams Coastal
Buyer's Agent
Jeff Brooks
Hogan Associates Christie's
List Price
$180,000
Sold Price
$125,000
Premium/Discount to List
-$55,000
-30.56%
Current Estimated Value
$704,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,808
Avg. Annual Appreciation
29.32%
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 Type Sale Price Title Company
Warranty Deed $125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Rented $2,500 -16.7% --
08/11/2019 08/11/19 Under Contract -- -- --
07/17/2019 07/17/19 For Rent $3,000 0.0% --
11/09/2018 11/09/18 Sold $125,000 -30.6% $168 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $180,000 -- $242 / 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 $7,619 $676,600 $274,200 $402,400
2023 $5,353 $425,200 $176,900 $248,300
2022 $5,111 $425,200 $176,900 $248,300
2021 $5,111 $425,200 $176,900 $248,300
2020 $4,761 $346,000 $130,800 $215,200
2018 $3,070 $223,300 $130,800 $92,500
2016 $3,038 $197,000 $108,700 $88,300
2015 $2,963 $197,000 $108,700 $88,300
2014 $2,987 $185,900 $98,800 $87,100
2013 $2,920 $185,900 $98,800 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Jeff Brooks

    Seller's Agent in 2019

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    14 in this area

    132 Total Sales

    Section Image

  • A

    Seller's Agent in 2018

    Andrew Kloewer

    Keller Williams Coastal

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Map

Source: State-Wide MLS

MLS Number: 1204277

State-Wide MLS

APN: MIDD-000107-S000000W-000134

Rhode Island Newport County Middletown 02842 Newport East

3 King Rd, Middletown, RI

This home is located at 3 King Rd, Middletown, RI 02842 and is currently priced at $125,000, approximately $168 per square foot. This property was built in 1946. 3 King Rd is a home located in Newport County with nearby schools including Middletown High School, All Saints STEAM Academy, and St Michael's Country Day 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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