4 Bailey Terrace Middletown, RI 02842
Newport East Neighborhood
3
Beds
2.5
Baths
1,604
Sq Ft
9,711
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- Tennis Courts
- Deck
- Attic
- Home Office
About This Home
As of October 2024Welcome to your new home at 4 Bailey Terrace, where comfort meets convenience in this charming split-level single-family residence. Nestled on a generous 9,711 square foot lot, this property boasts an array of amenities that make it the perfect principal residence, second home, or a smart choice for income-producing potential. Step inside to discover the warm embrace of hardwood flooring throughout the living room and dining area, enhanced by a wood-burning fireplace. The living room's large bay window invites natural light to dance across the space, while a ductless air conditioning unit ensures year-round comfort. The bedroom level is a haven of rest, with a primary bedroom featuring a large double closet, ductless air conditioning, and an ensuite bathroom with a shower stall. Two additional bedrooms and a full bathroom complete this private area. Descend a few steps from the main living area to find a family room, convenient half bath, and laundry room. Transform the finished basement room, complete with a closet, into an office, hobby room, or whatever your heart desires. Unfinished storage space awaits your workout gear, crafts, or workshop projects. Entertain or simply relax on the expansive deck overlooking a serene, private backyard. A storage shed offers additional space for outdoor essentials. Located minutes from open spaces, shopping, military base, Newport's downtown, and stunning beaches, 4 Bailey Terrace is your gateway to the best of Rhode Island living.
Last Agent to Sell the Property
Lila Delman Compass License #REB.0014586 Listed on: 08/28/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,653
Year Built
- Built in 1960
Lot Details
- 9,711 Sq Ft Lot
- Property is zoned R10
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Split Level Home
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 3-Story Property
- Fireplace Features Masonry
- Thermal Windows
- Home Office
- Storage Room
- Storm Doors
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
- Outbuilding
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil
- Baseboard Heating
- 100 Amp Service
- Power Generator
- Oil Water Heater
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 4BAILEYTERMDLT
Community Details
Overview
- High Street Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2024
Closed on
Oct 9, 2024
Sold by
Cottrell Ft and Cottrell
Bought by
Joanne C Spero Ret and Spero
Seller's Agent
William Parker Sizeland
Lila Delman Compass
Buyer's Agent
Martha Easley
Hogan Associates Christie's
List Price
$725,000
Sold Price
$725,000
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,977
Avg. Annual Appreciation
3.95%
Original Mortgage
$260,000
Outstanding Balance
$257,944
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$490,153
Purchase Details
Closed on
Oct 23, 2017
Sold by
Cottrell James B and Cottrell Margaret M
Bought by
Cottrell Ft
Purchase Details
Closed on
Jun 17, 1969
Bought by
Cottrell James B and Cottrell Margaret M
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $725,000 | None Available | |
| Warranty Deed | $725,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $30,500 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | Purchase Money Mortgage | |
| Closed | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $725,000 | 0.0% | $452 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $725,000 | 0.0% | $452 / Sq Ft |
| 07/25/2022 07/25/22 | Rented | $3,200 | 0.0% | -- |
| 07/01/2022 07/01/22 | For Rent | $3,200 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,996 | $621,300 | $457,900 | $163,400 |
| 2023 | $4,796 | $380,900 | $246,200 | $134,700 |
| 2022 | $4,578 | $380,900 | $246,200 | $134,700 |
| 2021 | $4,578 | $380,900 | $246,200 | $134,700 |
| 2020 | $4,212 | $306,100 | $188,400 | $117,700 |
| 2018 | $4,209 | $306,100 | $188,400 | $117,700 |
| 2016 | $4,162 | $269,900 | $162,800 | $107,100 |
| 2015 | $4,059 | $269,900 | $162,800 | $107,100 |
| 2014 | $4,096 | $254,900 | $148,000 | $106,900 |
| 2013 | $4,004 | $254,900 | $148,000 | $106,900 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2024
William Parker Sizeland
Lila Delman Compass
-
M
Buyer's Agent in 2024
Martha Easley
Hogan Associates Christie's
-
E
Seller's Agent in 2022
Elizabeth Enochs
Hogan Associates Christie's
-
H
Seller Co-Listing Agent in 2022
Holly Mclear
Hogan Associates Christie's
-
S
Buyer's Agent in 2022
Steven Escobar
August Associates, LLC
Map
Source: State-Wide MLS
MLS Number: 1366927
APN: MIDD-000108-000000-000025
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