NOT LISTED FOR SALE

407 Corey Ln Unit 407 Middletown, RI 02842

Estimated Value: $783,344 - $847,000

3 Beds
2.5 Baths
1,815 Sq Ft
$225/mo HOA Fee

Last Sold October 14, 2016

Last sale price $514,360 $283 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,014/month

240 Days on Market

Highlights

  • Under Construction
  • Tennis Courts
  • 1 Car Attached Garage
  • Wood Flooring
  • Thermal Windows
  • Patio

About This Home

As of October 2016

5 YRS OF CONDO FEES PAID IN ADV. BY DEVELOPER = $13,500 IF UNDER CONTRACT BY THE LAST DAY IN APRIL! Brand New Construction. Mast.bed on 1st floor. 3 Walk-in closets. Pics depict same style built that you can tour. Customize your interior!

Last Agent to Sell the Property

Lisa Valentine

William Raveis Inspire License #RES.0040397 Listed on: 01/17/2016

Co-Listed By

William O'Hanley

BHHS Commonwealth Real Estate License #RES.0030868

Last Buyer's Agent

William O'Hanley

BHHS Commonwealth Real Estate License #RES.0030868

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,496

Year Built

  • Built in 2015 | Under Construction

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Unassigned Parking

Home Design

  • Entry on the 1st floor
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,815 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Dining Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 28405
  • Assessor Parcel Number 407COREYLANE407MDLT

Community Details

Overview

  • 16 Units
  • Beaches / Paradise Ave. Subdivision

Recreation

  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,496

Year Built

Built in 2015 | Under Construction

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Co List Office Mls Id: BHHS
  • Co List Office Phone: 401-849-1800
  • Subdivision Name: BEACHES / PARADISE AVE.
  • Above Grade Finished Sq Ft: 1815.0
  • Building Name: Whitehall II
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Other
  • Living Area: 1815.0
  • Dining Room Type: Dining Room, Family Room, Kitchen, Laundry, Master Bedroom
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Clapboard
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 407COREYLANE407MDLT
  • Zoning: R-40
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Lot: 28405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Oct 14, 2016
Sold by
Corey Lane Properties
Bought by
Morton Robert W and Morton Kathleen S
Seller's Agent
Lisa Valentine
William Raveis Inspire
Buyer's Agent
William O'Hanley
BHHS Commonwealth Real Estate
List Price
$499,000
Sold Price
$514,360
Premium/Discount to List
$15,360
3.08%
Current Estimated Value
$804,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,976
Avg. Annual Appreciation
5.13%
Original Mortgage
$388,800
Outstanding Balance
$313,366
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$490,970
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Morton Robert W $514,360 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Robert W $388,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $514,360 +3.1% $283 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $499,000 -- $275 / 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 $6,496 $576,900 $0 $576,900
2023 $6,736 $535,000 $0 $535,000
2022 $6,431 $535,000 $0 $535,000
2021 $6,431 $535,000 $0 $535,000
2020 $6,830 $496,400 $0 $496,400
2018 $6,826 $496,400 $0 $496,400
2016 $154 $10,000 $0 $10,000
2015 $150 $10,000 $0 $10,000
2014 $161 $10,000 $0 $10,000
2013 $157 $10,000 $0 $10,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Valentine

    William Raveis Inspire

  • W

    Seller Co-Listing Agent in 2016

    William O'Hanley

    BHHS Commonwealth Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1116013

State-Wide MLS

APN: MIDD-000120-000000-028407

Rhode Island Newport County Middletown 02842

407 Corey Ln Unit 407, Middletown, RI

This home is located at 407 Corey Ln Unit 407, Middletown, RI 02842 since 17 January 2016 and is currently estimated at $804,336, approximately $443 per square foot. This property was built in 2015. 407 Corey Ln Unit 407 is a home located in Newport County with nearby schools including Middletown High School, All Saints STEAM Academy, and St George's School.

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