P
Seller's Agent in 2025
Paul & Jane Fleming
William Raveis Inspire
(401) 848-2300
2 in this area
3 Total Sales
503 Corey Ln Middletown, RI 02842
2
Beds
2
Baths
1,108
Sq Ft
$740/mo
HOA Fee
Highlights
- Golf Course Community
- Tennis Courts
- Bathtub with Shower
- Wooded Lot
- 1 Car Attached Garage
- Patio
About This Home
As of January 2025Rare and unique single level 2-bedroom, 2-bathroom Condo in the desirable Whitehall Farm neighborhood of Middletown. The entire exterior of all units underwent a complete restoration, including new roofs, composite siding, and repaving of driveways and access roads. This end unit has lots of natural light and two private patios. The living room has high ceilings, recessed lighting, and a wood-burning fireplace. Sliders lead to a very private patio. The adjacent kitchen and dining area also offer easy access to the patio. There is an up and down laundry closet and convenient garage access. The spacious primary suite has ample closet space and an en-suite bath. The second bedroom is across from a full bath and is perfect for guests. The serene, park-like grounds feature mature trees and plantings. These amenities combined with close access to the beaches and the local post-and-beam farmers market with its own caf , seasonal entertainment and a pick-your-own farm make this condo a highly sought-after investment. It is a short drive to restaurants, shopping and downtown Newport. This property offers the perfect blend of a peaceful setting and convenience to everything you might need or desire.
Last Agent to Sell the Property
William Raveis Inspire License #RES.0034383 Listed on: 07/31/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,586
Year Built
- Built in 1986
HOA Fees
- $740 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Unassigned Parking
Home Design
- Entry on the 1st floor
- Slab Foundation
- Clapboard
Interior Spaces
- 1,108 Sq Ft Home
- 1-Story Property
- Fireplace Features Masonry
- Carpet
- Unfinished Basement
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Additional Features
- Low Pile Carpeting
- Patio
- Wooded Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 503COREYLANEMDLT
Community Details
Overview
- Association fees include ground maintenance, parking, snow removal, trash
- Whitehall Farm Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2024
Closed on
Jan 14, 2025
Sold by
Messinger Robert S
Bought by
Reynolds Susan L
Seller's Agent
Paul & Jane Fleming
William Raveis Inspire
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$629,000
Sold Price
$485,000
Premium/Discount to List
-$144,000
-22.89%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,366
Avg. Annual Appreciation
5.79%
Original Mortgage
$185,000
Outstanding Balance
$184,019
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,347
Purchase Details
Closed on
Feb 13, 2003
Sold by
Dufficy Thomas and Dufficy Rosemary
Bought by
Messinger Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
5.88%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $485,000 | None Available | |
| Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,000 | Purchase Money Mortgage | |
| Previous Owner | $308,000 | No Value Available | |
| Previous Owner | $212,000 | No Value Available | |
| Previous Owner | $177,500 | No Value Available | |
| Previous Owner | $36,250 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2025 01/14/25 | Sold | $485,000 | -11.7% | $438 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 09/07/2024 09/07/24 | Price Changed | $549,000 | -8.3% | $495 / Sq Ft |
| 08/20/2024 08/20/24 | Price Changed | $599,000 | -4.8% | $541 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $629,000 | -- | $568 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,657 | $413,600 | $0 | $413,600 |
| 2023 | $3,858 | $306,400 | $0 | $306,400 |
| 2022 | $3,683 | $306,400 | $0 | $306,400 |
| 2021 | $3,683 | $306,400 | $0 | $306,400 |
| 2020 | $3,900 | $283,400 | $0 | $283,400 |
| 2018 | $3,897 | $283,400 | $0 | $283,400 |
| 2016 | $3,528 | $228,800 | $0 | $228,800 |
| 2015 | $3,441 | $228,800 | $0 | $228,800 |
| 2014 | $3,204 | $199,400 | $0 | $199,400 |
| 2013 | $3,133 | $199,400 | $0 | $199,400 |
Source: Public Records
Agents Affiliated with this Home
-
Paul & Jane Fleming
-
Connor Dowd
Buyer's Agent in 2025
Connor Dowd
Keller Williams Coastal
(401) 864-4488
32 in this area
402 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1365150
APN: MIDD-000120-000000-028503
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