NOT LISTED FOR SALE

4 Bailey Terrace Middletown, RI 02842

Estimated Value: $572,000 - $736,000

3 Beds
2.5 Baths
1,604 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2024

Last sale price $725,000 $452 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,234 / mo

42 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Deck
  • Attic
  • Home Office

About This Home

As of October 2024

Welcome 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

William Parker Sizeland

Lila Delman Compass License #REB.0014586 Listed on: 08/28/2024

Lila Delman Compass

Co-Listed By

William Parker Sizeland

Lila Delman Compass License #Res.0045143

Last Buyer's Agent

Martha Easley

Hogan Associates Christie's License #REB.0010868

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,653

Year Built

Built in 1960

Lot Details

9,711 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2229
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: High Street
  • Above Grade Finished Sq Ft: 1524.0
  • Architectural Style: Split Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Multi/Split
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 80.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 1604.0
  • Dining Room Type: Office, Storage Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Generator
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9711.0
  • Parcel #: 4BAILEYTERMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7653.47
  • Tax Lot: 25
  • Tax Year: 2024

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
$683,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,496
Avg. Annual Appreciation
-3.73%
Original Mortgage
$260,000
Outstanding Balance
$255,253
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,251

Purchase Details

Closed on
Oct 23, 2017
Sold by
Cottrell James and Cottrell Margaret M
Bought by
Cottrell Ft and Cottrell

Purchase Details

Closed on
Jun 17, 1969
Bought by
Cottrell James B and Cottrell Margaret M
Source: Public Records
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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
Joanne C Spero Ret $725,000 None Available
Joanne C Spero Ret $725,000 None Available
Cottrell Ft -- --
Cottrell James B $30,500 --
Cottrell Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joanne C Spero Ret $260,000
Closed Joanne C Spero Ret $260,000
Previous Owner Cottrell James B $100,000
Previous Owner Cottrell James B $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $7,325 $621,300 $457,900 $163,400
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

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Map

Source: State-Wide MLS

MLS Number: 1366927

State-Wide MLS

APN: MIDD-000108-000000-000025

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