NOT LISTED FOR SALE

39 Shangri la Ln Unit 2 Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $315,000 - $537,000

2 Beds
1 Bath
1,008 Sq Ft
$442/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $135,000 $134 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,409/month

157 Days on Market

Highlights

  • Deck
  • Living Room
  • Shops
  • Wood Flooring
  • Public Transportation
  • Property near a hospital

About This Home

As of June 2014

Lots of potential in the "condex" conveniently located close to Newport, beaches, & bridge. Central Air, hardwood floors, sunroom, deck, fenced yard & more. Needs TLC. Subj to Lender approval

Last Agent to Sell the Property

Wendy Heaney

Century 21 Topsail Realty License #RES.0034231 Listed on: 12/20/2013

Century 21 Topsail Realty

Last Buyer's Agent

Erin Dwyer

William Raveis Inspire License #RES.0030664

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1944

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 3802
  • Assessor Parcel Number 39SHANGRILALANE2MDLT

Community Details

Overview

  • 2 Units
  • Shangri La Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,167

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Shangri-La
  • Above Grade Finished Sq Ft: 1008.0
  • Building Name: S & S Properties Condo
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1944
  • Property Sub Type Additional: Condominium
  • Special Features: 12
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1008.0
  • Dining Room Type: Living Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Brick, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 39SHANGRILALANE2MDLT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2167.0
  • Tax Lot: 3802
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Jun 26, 2014
Sold by
Shellman Jason
Bought by
Warren Stephanie
Seller's Agent
Wendy Heaney
Century 21 Topsail Realty
Buyer's Agent
Erin Dwyer
William Raveis Inspire
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$418,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,678
Avg. Annual Appreciation
10.82%
Original Mortgage
$113,000
Outstanding Balance
$88,390
Interest Rate
4.19%
Estimated Equity
$334,593

Purchase Details

Closed on
Jun 11, 2013
Sold by
Shellman Gretchen
Bought by
Shellman Jason

Purchase Details

Closed on
Dec 27, 2007
Sold by
Saunders Dianne Mk
Bought by
Shellman Jason and Shellman Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warren Stephanie -- --
Shellman Jason -- --
Shellman Jason $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Stephanie $113,000
Previous Owner Shellman Jason $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $135,000 -6.9% $134 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $145,000 -- $144 / 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 $2,247 $199,600 $0 $199,600
2023 $1,774 $140,900 $0 $140,900
2022 $1,694 $140,900 $0 $140,900
2021 $1,694 $140,900 $0 $140,900
2020 $1,939 $140,900 $0 $140,900
2018 $1,937 $140,900 $0 $140,900
2016 $1,960 $127,100 $0 $127,100
2015 $1,912 $127,100 $0 $127,100
2014 $2,216 $137,900 $0 $137,900
2013 $2,166 $137,900 $0 $137,900
Source: Public Records

Agents Affiliated with this Home

  • Wendy Heaney

    Seller's Agent in 2014

    Wendy Heaney

    Century 21 Topsail Realty

    (401) 924-2465

    4 in this area

    25 Total Sales

    Section Image

  • E

    Buyer's Agent in 2014

    Erin Dwyer

    William Raveis Inspire

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1057047

State-Wide MLS

APN: MIDD-000109-N000000E-003802

Rhode Island Newport County Middletown 02842 Newport East

39 Shangri la Ln Unit 2, Middletown, RI

This home is located at 39 Shangri la Ln Unit 2, Middletown, RI 02842 since 20 December 2013 and is currently estimated at $445,292, approximately $441 per square foot. This property was built in 1944. 39 Shangri la Ln Unit 2 is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and All Saints STEAM Academy.

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes