NOT LISTED FOR SALE

42 W Main Rd Unit 2R Middletown, RI 02842

North End Residential Neighborhood

Estimated Value: $1,303,400

1 Bed
1 Bath
750 Sq Ft
$1,738/Sq Ft Est. Value

About This Home

As of January 2018

Historic -Lyons cottage- Quiet, centrally located on Aquidneck Island close to Newport/Middletown line. Plenty of off street parking. Quick access to base, bridge, beaches and downtown Newport without the hassle. Very private - quiet apt Amenities include: Free laundry on site, ample hassle-free parking, Trash/snow/landscaping included Tenant responsible for all apt. utilities. No pets, No smoking, No section 8.

Last Agent to Rent the Property

Charles Herndon

Keller Williams Coastal License #RES.0042659 Listed on: 12/13/2017

Keller Williams Coastal

Last Renter's Agent

Charles Herndon

Keller Williams Coastal License #RES.0042659 Listed on: 12/13/2017

Keller Williams Coastal

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,197

Year Built

  • 1920

Lot Details

  • 0.31

Parking

  • 1 Parking Space

Home Design

  • 750 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 12/13/17
  • Month-to-Month Lease Term
  • Assessor Parcel Number 42WESTMAINRD2RMDLT

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,197

Year Built

1920

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2017-12-13

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 750.0
  • Entry Level: 2
  • Structure Type: Apartment
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built (Public Record): 1920

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Bathtub
  • Living Area: 750.0

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 42WESTMAINRD2RMDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Springler Henry L and Springler Lynne A
Bought by
Lions Cottage Llc
Current Estimated Value
$1,303,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$270,475
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,032,925

Purchase Details

Closed on
Feb 15, 1983
Bought by
Spingler Henry L and Spingler Lynne A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lions Cottage Llc $650,000 --
Spingler Henry L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lions Cottage Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Rented $1,000 -16.7% --
12/27/2017 12/27/17 Under Contract -- -- --
12/13/2017 12/13/17 For Rent $1,200 -- --
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 $12,197 $1,034,500 $296,500 $738,000
2024 $11,531 $1,034,500 $296,500 $738,000
2023 $11,531 $669,900 $164,000 $505,900
2022 $0 $669,900 $164,000 $505,900
2021 $0 $669,900 $164,000 $505,900
2020 $11,531 $633,200 $158,700 $474,500
2018 $11,524 $633,200 $158,700 $474,500
2016 $11,373 $556,400 $155,700 $400,700
2015 $11,106 $556,400 $155,700 $400,700
2014 $12,407 $581,400 $218,000 $363,400
2013 $12,134 $581,400 $218,000 $363,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2018

    Charles Herndon

    Keller Williams Coastal

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Map

Source: State-Wide MLS

MLS Number: 1179326

State-Wide MLS

APN: MIDD-000108-S000000W-000022

Rhode Island Newport County Middletown 02840 North End Residential

42 W Main Rd Unit 2R, Middletown, RI

Not Listed for Sale

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