NOT LISTED FOR SALE

425 E Main Rd Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $13,524,955

-- Bed
-- Bath
-- Sq Ft
3.38 Acres

About This Home

This home is located at 425 E Main Rd, Middletown, RI 02842 and is currently estimated at $13,524,955. 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
$13,524,955

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
$5,601,918
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,689,675

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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
Previous Owner Royal Plaza Llc $565,000
Previous Owner Royal Plaza Llc $4,000,000
Source: Public Records

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 -- $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

Rhode Island Newport County Middletown 02842 Newport East

425 E Main Rd, Middletown, RI

This home is located at 425 E Main Rd, Middletown, RI 02842 and is currently estimated at $13,524,955. 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.

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