NOT LISTED FOR SALE

3 Ludlow Rd Middletown, RI 02842

Estimated Value: $468,000 - $546,000

4 Beds
2 Baths
1,457 Sq Ft
$354/Sq Ft Est. Value

Last Sold March 12, 2015

Last sale price $162,500 $112 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,024/month

79 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 1-Story Property

About This Home

As of March 2015

Side by side duplex with completely seperate utilities. Located on a raised corner lot, this property needs a total renovation but has potential for great income.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 11/22/2014

RE/MAX Results

Co-Listed By

Joseph Fitzpatrick

RE/MAX Results License #REB.0019890

Last Buyer's Agent

Sandi Warner

Warner Realty Group License #REC.0018088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1954

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Carport

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • West Main/Woolsley Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 64 / NE
  • Assessor Parcel Number 3LUDLOWRDMDLT

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,693

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: RMAX
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: WEST MAIN/WOOLSLEY
  • Above Grade Finished Sq Ft: 1457.0
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1457.0
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Parcel #: 3LUDLOWRDMDLT

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2693.0
  • Tax Block: NE
  • Tax Lot: 64
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2014
Closed on
Mar 13, 2015
Sold by
Es Manglicmot Ligaya T
Bought by
Gullison John R
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Sandi Warner
Warner Realty Group
List Price
$199,000
Sold Price
$162,500
Premium/Discount to List
-$36,500
-18.34%
Current Estimated Value
$515,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,833
Avg. Annual Appreciation
11.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gullison John R $162,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2015 03/12/15 Sold $162,500 -18.3% $112 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
11/22/2014 11/22/14 For Sale $199,000 -- $137 / 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
2025 $3,868 $328,100 $156,200 $171,900
2024 $3,694 $328,100 $156,200 $171,900
2023 $2,667 $211,800 $100,700 $111,100
2022 $2,546 $211,800 $100,700 $111,100
2021 $2,546 $211,800 $100,700 $111,100
2020 $2,601 $189,000 $87,600 $101,400
2018 $2,599 $189,000 $87,600 $101,400
2016 $2,695 $174,800 $75,300 $99,500
2015 $2,629 $174,800 $75,300 $99,500
2014 $2,754 $171,400 $82,100 $89,300
2013 $2,693 $171,400 $82,100 $89,300
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2015

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    93 in this area

    688 Total Sales

    Joe Fitzpatrick
    Section Image
  • Joseph Fitzpatrick

    Seller Co-Listing Agent in 2015

    Joseph Fitzpatrick

    RE/MAX Results

    (401) 848-7827

    1 in this area

    12 Total Sales

    Joseph Fitzpatrick
    Section Image
  • Sandi Warner

    Buyer's Agent in 2015

    Sandi Warner

    Warner Realty Group

    (401) 662-7204

    4 Total Sales

    Sandi Warner
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1084013

State-Wide MLS

APN: MIDD-000107-N000000E-000064

Rhode Island Newport County Middletown 02842

3 Ludlow Rd, Middletown, RI

Not Listed for Sale

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