NOT LISTED FOR SALE

30 Ludlow Rd Middletown, RI 02842

Estimated Value: $515,000 - $543,000

5 Beds
2 Baths
1,625 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $165,000 $102 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $3,146/month

66 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Public Transportation
  • Golf Course Community
  • Thermal Windows
  • Shops

About This Home

As of June 2014

Updated heating system in both units. Maintenance free siding w/new gutters, updated windows & fenced yards. No refrigerator in the 3 bedroom unit. Needs roof. Both units need cosmetics & updating. Motivated Seller.

Last Agent to Sell the Property

CANDY ALVES

Keller Williams Coastal License #RES.0032451 Listed on: 03/08/2014

Last Buyer's Agent

CANDY ALVES

Keller Williams Coastal License #RES.0032451 Listed on: 03/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot NE62
  • Assessor Parcel Number 30LUDLOWRDMDLT

Community Details

Overview

  • 2 Units
  • Woolsey/West Main Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,715

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Subdivision Name: WOOLSEY/WEST MAIN
  • Above Grade Finished Sq Ft: 1625.0
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1625.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 30LUDLOWRDMDLT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2715.0
  • Tax Lot: NE62
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
Jun 13, 2014
Sold by
Angelina Borodemos Ret
Bought by
Reedy Michael P
Seller's Agent
CANDY ALVES
Keller Williams Coastal
Buyer's Agent
CANDY ALVES
Keller Williams Coastal
List Price
$198,000
Sold Price
$165,000
Premium/Discount to List
-$33,000
-16.67%
Total Days on Market
66
Current Estimated Value
$531,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,572
Avg. Annual Appreciation
11.03%
Original Mortgage
$178,104
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2009
Sold by
Beattie Donald
Bought by
Dennison Robert L and Dennison Laza M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,784
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Reedy Michael P $165,000 --
Dennison Robert L $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedy Michael P $169,700
Closed Reedy Michael P $178,104
Previous Owner Dennison Robert L $179,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $165,000 -16.7% $102 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $198,000 -- $122 / 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 $3,894 $345,800 $150,800 $195,000
2023 $2,689 $213,600 $97,300 $116,300
2022 $2,567 $213,600 $97,300 $116,300
2021 $2,567 $213,600 $97,300 $116,300
2020 $2,624 $190,700 $84,600 $106,100
2018 $2,622 $190,700 $84,600 $106,100
2016 $2,731 $177,100 $72,500 $104,600
2015 $2,664 $177,100 $72,500 $104,600
2014 $2,777 $172,800 $79,000 $93,800
2013 $2,715 $172,800 $79,000 $93,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    CANDY ALVES

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1061619

State-Wide MLS

APN: MIDD-000107-N000000E-000062

Rhode Island Newport County Middletown 02842

30 Ludlow Rd, Middletown, RI

This home is located at 30 Ludlow Rd, Middletown, RI 02842 since 08 March 2014 and is currently estimated at $531,572, approximately $327 per square foot. This property was built in 1954. 30 Ludlow Rd is a home located in Newport County with nearby schools including Middletown High School and All Saints STEAM Academy.

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