NOT LISTED FOR SALE

516 Corey Ln Middletown, RI 02842

Estimated Value: $589,000 - $662,000

2 Beds
2.5 Baths
1,538 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $600,000 $390 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,425/month

28 Days on Market

Highlights

  • Marina
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of February 2024

Beautifully Updated and Maintained 2 Bedroom, 2.5 Bath Condo in Desirable Whitehall Farm Neighborhood in Middletown, RI. Complete Exterior Restoration of All Units Now Complete Including Roofs, Composite Siding, Windows, Driveways and Streets. Backing Up to A Private Wooded Area, This Central Unit Enjoys Windows and Patios on Three Sides. Light Filled Living Room With Wood Burning Fireplace and Cathedral Ceiling. Newer Kitchen and Baths With Granite Counters, Bedrooms Ensuite and Updated Mechanicals Including Central AC Offer a Move-In Ready Home For Seasonal or Year Round Living. A Wonderful Park Like Setting Throughout Whitehall Farm of Well Maintained Grassy Lawns and Gardens Make This a Very Sought After Condo Investment. Minutes to Beaches, Restaurants, Shopping and Downtown Newport. Showings By Appointment.

Last Agent to Sell the Property

Lynn Creighton

Hogan Associates Christie's Brokerage Phone: 401-345-6886 License #REB.0016521 Listed on: 12/12/2023

Last Buyer's Agent

Dina Karousos

Gustave White Sotheby's Realty

Gustave White Sotheby's Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unassigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,538 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 220 Volts
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 28516
  • Assessor Parcel Number 516COREYLANEMDLT

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, trash
  • 120 Units
  • Green End / Paradise Second Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,924

Year Built

Built in 1986

Lot Details

0

HOA Fees

$680 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Working Capital Deposit of 3 Month's Condo Fee Due At Closing to Whitehall Farm Condo Association
  • Subdivision Name: Green End / Paradise - Second Beach
  • Above Grade Finished Sq Ft: 1538.0
  • Building Name: Whitehall Farm
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1986
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-345-6886
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 1538.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Cul-De-Sac, Private, Paved, Secluded, Wooded
  • Construction Type: Drywall, Other
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 680.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 516COREYLANEMDLT
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 120

Tax Info

  • Tax Annual Amount: 3924.0
  • Tax Lot: 28516
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 2, 2024
Sold by
Greene Christopher D and Greene Patricia A
Bought by
Gretchen M Mccarey Ft and Mccarey
Seller's Agent
Lynn Creighton
Hogan Associates Christie's
Buyer's Agent
Dina Karousos
Gustave White Sotheby's Realty
List Price
$580,000
Sold Price
$600,000
Premium/Discount to List
$20,000
3.45%
Views
24
Current Estimated Value
$629,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,819
Avg. Annual Appreciation
3.00%
Original Mortgage
$301,000
Outstanding Balance
$296,267
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,552

Purchase Details

Closed on
Jul 13, 2012
Sold by
Hill Charles F
Bought by
Greene Christopher D and Greene Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gretchen M Mccarey Ft $600,000 None Available
Greene Christopher D $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gretchen M Mccarey Ft $301,000
Previous Owner Greene Christopher D $25,000
Previous Owner Greene Christopher D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $600,000 +3.4% $390 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $580,000 -- $377 / 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 $5,022 $446,000 $0 $446,000
2023 $4,039 $320,800 $0 $320,800
2022 $3,856 $320,800 $0 $320,800
2021 $3,856 $320,800 $0 $320,800
2020 $4,085 $296,900 $0 $296,900
2018 $4,082 $296,900 $0 $296,900
2016 $4,015 $260,400 $0 $260,400
2015 $3,916 $260,400 $0 $260,400
2014 $3,658 $227,600 $0 $227,600
2013 $3,576 $227,600 $0 $227,600
Source: Public Records

Agents Affiliated with this Home

  • Lynn Creighton

    Seller's Agent in 2024

    Lynn Creighton

    Hogan Associates Christie's

    (401) 345-6886

    7 in this area

    22 Total Sales

    Lynn Creighton
    Section Image
  • Dina Karousos

    Buyer's Agent in 2024

    Dina Karousos

    Gustave White Sotheby's Realty

    (401) 849-3000

    28 in this area

    216 Total Sales

    Dina Karousos
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1349455

State-Wide MLS

APN: MIDD-000120-000000-028516

Rhode Island Newport County Middletown 02842

516 Corey Ln, Middletown, RI

This home is located at 516 Corey Ln, Middletown, RI 02842 since 12 December 2023 and is currently estimated at $629,819, approximately $409 per square foot. This property was built in 1986. 516 Corey Ln is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and St George's School.

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