NOT LISTED FOR SALE

407 E Main Rd Middletown, RI 02842

Estimated Value: $472,000 - $600,000

2 Beds
1 Bath
1,108 Sq Ft
$497/Sq Ft Est. Value

Last Sold July 15, 2014

Last sale price $115,000 $104 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $3,345/month

306 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bungalow
  • Wood Flooring
  • Storm Windows
  • Public Transportation

About This Home

As of July 2014

PROPERTY NEEDS WORK. FOUNDATION NEEDS REPAIRS. LARGE LOT. TWO CAR DETACHED GARAGE.

Last Agent to Sell the Property

David McCauley

RE/MAX Profnl. Newport, Inc. License #REB.0010905 Listed on: 08/10/2013

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

David McCauley

RE/MAX Profnl. Newport, Inc. License #REB.0010905 Listed on: 08/10/2013

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-20

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Fixer Upper
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,108 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Well
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 407EASTMAINRDMDLT

Community Details

Overview

  • Near Forest Ave Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2801
  • Subdivision Name: NEAR FOREST AVE
  • Above Grade Finished Sq Ft: 1108.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Living Area: 1108.0
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12199.0
  • Parcel #: 407EASTMAINRDMDLT
  • Zoning: R-20

Tax Info

  • Tax Annual Amount: 3069.0
  • Tax Lot: 24
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Alves Thiago
Bought by
Alves Eunice D
Current Estimated Value
$551,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$113,620
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$437,447

Purchase Details

Listed on
Aug 10, 2013
Closed on
Jul 17, 2014
Sold by
Janior Joan L
Bought by
Alves Thiago and Alves Eunice
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
List Price
$165,000
Sold Price
$115,000
Premium/Discount to List
-$50,000
-30.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%
Original Mortgage
$105,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Alves Eunice D $38,677 --
Alves Thiago $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Eunice D $130,000
Previous Owner Alves Thiago $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $115,000 -30.3% $104 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $165,000 -- $149 / 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 $5,756 $488,200 $312,800 $175,400
2024 $5,497 $488,200 $312,800 $175,400
2023 $3,787 $300,800 $161,500 $139,300
2022 $3,616 $300,800 $161,500 $139,300
2021 $3,616 $300,800 $161,500 $139,300
2020 $3,633 $264,000 $140,400 $123,600
2018 $3,630 $264,000 $140,400 $123,600
2016 $3,022 $196,000 $100,100 $95,900
2015 $2,948 $196,000 $100,100 $95,900
2014 $3,137 $195,200 $106,100 $89,100
2013 $3,067 $195,200 $106,100 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1048298

State-Wide MLS

APN: MIDD-000113-000000-000024