NOT LISTED FOR SALE

48 Bailey Ave Middletown, RI 02842

Estimated Value: $450,926 - $680,000

0.99 Acre
$596,813 Price per Acre
43,299 Sq Ft Lot

Last Sold January 25, 2016

Last sale price $210,000

Est. 182% increase in value since last sale

Current estimated payment $3,481/month

1,758 Days on Market

Highlights

  • Marina
  • 0.99 Acre Lot
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • Public Transportation

About This Lot

As of January 2016

Lovely spot off Paradise on quiet lane bordered by stone walls. Only a short walk to Second Beach & Sachuest. Multiple award-winning builder will build a special home for you. Plans available. Only 5 minutes to downtown Newport!

Last Agent to Sell the Property

Susan Gustavson

Lila Delman Compass License #REB.0017044 Listed on: 03/03/2011

Last Buyer's Agent

Joseph Mallicone

New Market Realty License #REB.0016432

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,200

Lot Details

  • 0.99 Acre Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned R40

Location

  • Property near a hospital

Utilities

  • Well
  • Phone Available

Listing and Financial Details

  • Tax Lot 916
  • Assessor Parcel Number 48BAILEYAVMDLT

Community Details

Overview

  • Paradise/Second Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.994
  • Road Frontage Type: City Street
  • Subdivision Name: PARADISE/SECOND BEACH
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • Waterfront Features: Walk to Water

Utilities

  • Sewer: Sanitary, Storm Sewer
  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 43299.0
  • Wooded Area: 20.0
  • Parcel #: 48BAILEYAVMDLT
  • Zoning Description: Residential
  • Zoning: R40

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Lot: 916
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2011
Closed on
Jan 25, 2016
Sold by
Paradise Realty Llc
Bought by
Ruby Rose Realty Llc
Seller's Agent
Susan Gustavson
Lila Delman Compass
Buyer's Agent
Joseph Mallicone
New Market Realty
List Price
$335,000
Sold Price
$210,000
Premium/Discount to List
-$125,000
-37.31%
Current Estimated Value
$593,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,232
Avg. Annual Appreciation
10.93%
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
Ruby Rose Realty Llc $210,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $210,000 -37.3% --
12/26/2015 12/26/15 Pending -- -- --
03/03/2011 03/03/11 For Sale $335,000 -- --
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 $4,799 $407,000 $407,000 $0
2024 $4,583 $407,000 $407,000 $0
2023 $3,783 $300,500 $300,500 $0
2022 $3,612 $300,500 $300,500 $0
2021 $3,612 $300,500 $300,500 $0
2020 $3,195 $232,200 $232,200 $0
2018 $3,193 $232,200 $232,200 $0
2016 $2,967 $192,400 $192,400 $0
2015 $2,894 $192,400 $192,400 $0
2014 $2,822 $175,600 $175,600 $0
2013 $2,759 $175,600 $175,600 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan Gustavson

    Lila Delman Compass

  • J

    Buyer's Agent in 2016

    Joseph Mallicone

    New Market Realty

    (401) 996-0431

    3 Total Sales

    Joseph Mallicone
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Map

Source: State-Wide MLS

MLS Number: 985873

State-Wide MLS

APN: MIDD-000120-000000-000916

Rhode Island Newport County Middletown 02842

48 Bailey Ave, Middletown, RI

Not Listed for Sale

Lots

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