NOT LISTED FOR SALE

49 Shangri la Ln Unit 51 Middletown, RI 02842

Estimated Value: $722,000 - $1,004,000

4 Beds
2 Baths
2,823 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $480,000 $170 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,925/month

129 Days on Market

Highlights

  • Deck
  • Attic
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Bathtub with Shower

About This Home

As of February 2021

Hard to find well maintained multi family duplex in Boulevard neighborhood. Situated on a 1/4 of an acre. Each side has identical mirrored floor plan with 2 bedrooms each. Newer replacement windows, newer large rear decks that are perfect for relaxing and entertaining. Owner's unit features brand new appliances, custom butcher block counter top, new cabinets and new kitchen flooring. Pristine varnished floors, plus renovated bath. Second unit was updated in 2018. Both units have interior and exterior access to divided basements that have laundry hookups. Two water meters, separate driveways, fenced yard plus detached one car garage with new roof.

Last Agent to Sell the Property

Karen O'Brien

William Raveis Inspire License #RES.0015351 Listed on: 09/04/2020

William Raveis Inspire

Last Buyer's Agent

Karen O'Brien

William Raveis Inspire License #RES.0015351 Listed on: 09/04/2020

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1944

Lot Details

  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,823 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Laundry Room
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 43
  • Assessor Parcel Number 4951SHANGRILALANEMDLT

Community Details

Overview

  • 2 Units
  • Boulevard Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,056

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Boulevard
  • Above Grade Finished Sq Ft: 2823.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1944
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.26
  • Parcel #: 4951SHANGRILALANEMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4056.0
  • Tax Lot: 43
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $480,000 -12.7% $170 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $550,000 0.0% $195 / Sq Ft
10/18/2018 10/18/18 Rented $1,200 0.0% --
09/18/2018 09/18/18 Under Contract -- -- --
09/07/2018 09/07/18 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
2024 $6,894 $612,300 $309,200 $303,100
2023 $4,725 $375,300 $199,500 $175,800
2022 $4,511 $375,300 $199,500 $175,800
2021 $4,511 $375,300 $199,500 $175,800
2020 $4,056 $294,800 $147,500 $147,300
2018 $4,054 $294,800 $147,500 $147,300
2016 $4,114 $266,800 $123,600 $143,200
2015 $4,013 $266,800 $123,600 $143,200
2014 $3,743 $232,900 $112,400 $120,500
2013 $3,659 $232,900 $112,400 $120,500
Source: Public Records

Agents Affiliated with this Home

  • Karen O'Brien

    Seller's Agent in 2021

    Karen O'Brien

    William Raveis Inspire

    (401) 662-4888

    3 in this area

    10 Total Sales

    Karen O'Brien
    Section Image
  • Robert Dye

    Buyer's Agent in 2018

    Robert Dye

    William Raveis Inspire

    (401) 849-5634

    2 in this area

    7 Total Sales

    Robert Dye
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1263671

State-Wide MLS

APN: MIDD-000109-N000000E-000043

Rhode Island Newport County Middletown 02842

49 Shangri la Ln Unit 51, Middletown, RI

This home is located at 49 Shangri la Ln Unit 51, Middletown, RI 02842 since 04 September 2020 and is currently estimated at $817,178, approximately $289 per square foot. This property was built in 1944. 49 Shangri la Ln Unit 51 is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and All Saints STEAM Academy.

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