425 E Main Rd Middletown, RI 02842
Estimated Value: $14,551,073
Studio
--
Bath
--
Sq Ft
147,233
Sq Ft Lot
About This Home
This home is located at 425 E Main Rd, Middletown, RI 02842 and is currently estimated at $14,551,073. 425 E Main Rd is a home located in Newport County with nearby schools including Middletown High School, All Saints STEAM Academy, and The Pennfield School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2019
Sold by
Royal Plaza Llc
Bought by
Grj Middletown Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,300,000
Outstanding Balance
$5,469,742
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$9,081,331
Purchase Details
Closed on
Oct 2, 2014
Sold by
Vincent Sandonato T
Bought by
Royal Plaza Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.11%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grj Middletown Llc | $8,300,000 | -- | |
| Royal Plaza Llc | $5,750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grj Middletown Llc | $6,300,000 | |
| Previous Owner | Royal Plaza Llc | $4,000,000 |
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 | $179,316 | $13,194,700 | $2,342,400 | $10,852,300 |
| 2024 | -- | $13,194,700 | $2,342,400 | $10,852,300 |
| 2023 | $0 | $6,704,500 | $1,062,300 | $5,642,200 |
| 2022 | $0 | $3,812,600 | $1,062,300 | $2,750,300 |
| 2021 | $0 | $8,129,400 | $1,062,300 | $7,067,100 |
| 2020 | $0 | $8,512,000 | $1,036,300 | $7,475,700 |
| 2018 | $0 | $6,666,400 | $1,036,300 | $5,630,100 |
| 2016 | $0 | $5,639,800 | $1,016,000 | $4,623,800 |
| 2015 | -- | $5,639,800 | $1,016,000 | $4,623,800 |
| 2014 | -- | $5,786,400 | $1,016,000 | $4,770,400 |
| 2013 | -- | $5,786,400 | $1,016,000 | $4,770,400 |
Source: Public Records
Map
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