NOT LISTED FOR SALE

509 Turner Rd Middletown, RI 02842

Estimated Value: $1,113,000 - $1,430,000

3 Beds
1 Bath
962 Sq Ft
$1,333/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $325,000 $338 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $8,070/month

13 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • Cottage
  • 1.43 Acre Lot
  • Tennis Courts
  • Public Transportation

About This Home

As of December 2018

On over 1.25 acres of land, a rare find in Middletown. Property in need of updating. Great location to Middletown beaches, and proximity to Newport. Subject to probate court approval.

Last Agent to Sell the Property

David McCauley

RE/MAX Profnl. Newport, Inc. License #REB.0010905 Listed on: 11/14/2018

RE/MAX Profnl. Newport, Inc.

Co-Listed By

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916

Last Buyer's Agent

John Long

HomeSmart Professionals License #RES.0041079

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1920

Lot Details

  • 1.43 Acre Lot
  • Property is zoned R-20

Home Design

  • Cottage
  • Combination Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 962 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 509TURNERRDMDLT

Community Details

Overview

  • Turner Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,154

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.43
  • Co List Office Mls Id: BHHS
  • Co List Office Phone: 401-849-1800
  • Subdivision Name: Turner
  • Above Grade Finished Sq Ft: 962.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Attic
  • Living Area: 962.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Sewer Assessment(s), Septic Tank
  • Utilities: Sewer Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62290.8
  • Parcel #: 509TURNERRDMDLT
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4154.0
  • Tax Lot: 145
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 28, 2018
Sold by
Dutra Martin J and Dutra Paul C
Bought by
Parsi Andrew H and Paris Kristina J
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
John Long
HomeSmart Professionals
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$1,282,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,544
Avg. Annual Appreciation
21.91%
Original Mortgage
$308,750
Outstanding Balance
$272,033
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,010,511
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Parsi Andrew H $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsi Andrew H $308,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $325,000 0.0% $338 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $325,000 -- $338 / 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
2025 $15,799 $1,340,000 $378,600 $961,400
2024 $15,088 $1,340,000 $378,600 $961,400
2023 $12,108 $961,700 $261,500 $700,200
2022 $4,266 $354,900 $245,500 $109,400
2021 $4,715 $392,300 $261,500 $130,800
2020 $4,226 $307,100 $198,100 $109,000
2018 $4,223 $307,100 $198,100 $109,000
2016 $3,289 $213,300 $119,300 $94,000
2015 $3,208 $213,300 $119,300 $94,000
2014 $3,637 $226,300 $127,500 $98,800
2013 $3,555 $226,300 $127,500 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1209552

State-Wide MLS

APN: MIDD-000114-000000-000145