NOT LISTED FOR SALE

403 Valley Rd Middletown, RI 02842

Estimated Value: $638,880 - $1,463,000

3 Beds
2 Baths
1,701 Sq Ft
$544/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $565,000 $332 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,390/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Cathedral Ceiling
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Skylights

About This Home

As of July 2021

This well maintained three bedroom, two bathroom Cape is conveniently located to all Aquidneck Island has to offer. Just minutes to the beaches and downtown Newport, this property is completely move in ready . This home features a large family room with a cathedral ceiling, two fireplaces, eat-in kitchen, hardwood floors, and first floor primary suite as well as a spacious and private backyard.

Last Agent to Sell the Property

Casey Tobias

Edge Realty RI License #RES.0045112 Listed on: 06/01/2021

Co-Listed By

Aryn Hawks

Serhant Rhode Island

Last Buyer's Agent

Tammy Bass

Serhant Rhode Island License #RES.0040116

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1940

Lot Details

  • 0.45

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,701 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Gas Fireplace
  • Storage Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Deck
  • 0.45 Acre Lot
  • Property near a hospital

Community Details

  • Shops

Listing and Financial Details

  • Tax Lot 634
  • Assessor Parcel Number 403VALLEYRDMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,914

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Co List Office Mls Id: EDGE
  • Co List Office Phone: 401-783-1007
  • Above Grade Finished Sq Ft: 1701.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 1701.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 403VALLEYRDMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4914.0
  • Tax Lot: 634
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 6, 2021
Sold by
Malcolm-Smith James and Smith Nicole F
Bought by
Klug Andrew J and Klug Stephanie L
Seller's Agent
Casey Tobias
Edge Realty RI
Buyer's Agent
Tammy Bass
Serhant Rhode Island
List Price
$529,000
Sold Price
$565,000
Premium/Discount to List
$36,000
6.81%
Current Estimated Value
$925,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,220
Avg. Annual Appreciation
11.92%
Original Mortgage
$585,340
Outstanding Balance
$528,797
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,423

Purchase Details

Closed on
Jul 9, 2004
Sold by
Jones Thomas and Jones Lori
Bought by
Archer Jeffrey and Archer Barbara

Purchase Details

Closed on
Jan 8, 2002
Sold by
V-Oconnor Myriam A
Bought by
Jone Thomas M and Bolling Lori

Purchase Details

Closed on
May 19, 2000
Sold by
Kielbasa Robert J
Bought by
V-Oconner Myriam A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Klug Andrew J $565,000 None Available
Archer Jeffrey $349,000 --
Jone Thomas M $239,000 --
V-Oconner Myriam A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klug Andrew J $585,340
Previous Owner V-Oconner Myriam A $95,000
Previous Owner V-Oconner Myriam A $309,348
Previous Owner V-Oconner Myriam A $50,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $565,000 +6.8% $332 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $529,000 +67.1% $311 / Sq Ft
01/13/2014 01/13/14 Sold $316,500 -10.3% $131 / Sq Ft View Prior Sale
12/14/2013 12/14/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $353,000 -- $146 / 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 $6,217 $527,300 $292,400 $234,900
2024 $5,937 $527,300 $292,400 $234,900
2023 $4,522 $359,200 $166,400 $192,800
2022 $4,318 $359,200 $166,400 $192,800
2021 $4,292 $357,100 $166,400 $190,700
2020 $4,253 $309,100 $144,700 $164,400
2018 $4,250 $309,100 $144,700 $164,400
2016 $4,257 $276,100 $110,000 $166,100
2015 $4,153 $276,100 $110,000 $166,100
2014 $3,852 $239,700 $100,000 $139,700
2013 $3,766 $239,700 $100,000 $139,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1284188

State-Wide MLS

APN: MIDD-000114-000000-000634