NOT LISTED FOR SALE

48 Forest Ave Middletown, RI 02842

Estimated Value: $428,000 - $577,000

2 Beds
1 Bath
1,111 Sq Ft
$450/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $175,000 $158 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $3,180/month

53 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Storm Windows
  • Attic
  • 1 Car Attached Garage
  • Dry Bar

About This Home

As of May 2013

GREAT FIRST TIME BUYER OR RETIREMENT HOME.2 BEDROOMS.BRIGHT LIVING ROOM WITH FIREPLACE.NEWER ROOF,FURNACE,AND CARPETING.PARTIAL FINISHED BASEMENT THAT NEEDS UPDATING.1 CAR ATTACHED GARAGE.NEAR NAVY BASE,SCHOOLS,SHOPPING,AND BUS LINE.

Last Agent to Sell the Property

Terrence Toppa

RE/MAX Profnl. Newport, Inc. License #REB.0014821 Listed on: 03/05/2013

Last Buyer's Agent

Kathleen Kourakis

Mott & Chace Sotheby's Intl. License #RES.0025235

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R20

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 48FORESTAVMDLT

Community Details

Overview

  • Central Middletown Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,784

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: CENTRAL MIDDLETOWN
  • Above Grade Finished Sq Ft: 1111.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Dry Bar, Cable TV
  • Living Area: 1111.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 48FORESTAVMDLT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2784.0
  • Tax Lot: 106
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2013
Closed on
May 29, 2013
Sold by
Curran John M and Curran Grace H
Bought by
Stanley Jeffrey B
Seller's Agent
Terrence Toppa
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Kathleen Kourakis
Mott & Chace Sotheby's Intl.
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Total Days on Market
53
Current Estimated Value
$499,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,933
Avg. Annual Appreciation
9.72%
Original Mortgage
$171,830
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Curran John and Curran Grace
Bought by
Curran Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.19%
Source: Public Records

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Range of Values:

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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
Stanley Jeffrey B $175,000 --
Curran Sean $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Jeffrey B $25,000
Open Stanley Jeffrey B $175,000
Closed Merrill Stephen D $171,830
Previous Owner Merrill Stephen D $165,000
Previous Owner Merrill Stephen D $160,000
Previous Owner Merrill Stephen D $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $175,000 -7.9% $158 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $190,000 -- $171 / 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
2024 $4,602 $408,700 $274,200 $134,500
2023 $3,627 $288,100 $176,900 $111,200
2022 $3,463 $288,100 $176,900 $111,200
2021 $3,463 $288,100 $176,900 $111,200
2020 $3,330 $242,000 $130,800 $111,200
2018 $3,328 $242,000 $130,800 $111,200
2016 $3,221 $208,900 $108,700 $100,200
2015 $3,142 $208,900 $108,700 $100,200
2014 $3,257 $202,700 $98,800 $103,900
2013 $3,184 $202,700 $98,800 $103,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1034968

State-Wide MLS

APN: MIDD-000106-000000-000106