NOT LISTED FOR SALE

550 E Main Rd Middletown, RI 02842

Estimated Value: $665,226 - $821,000

3 Beds
2.5 Baths
1,754 Sq Ft
$417/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $125,000 $71 Per Sq Ft

Est. 485% increase in value since last sale

Current estimated payment $4,344/month

27 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Shops
  • Wood Flooring
  • Public Transportation
  • Hot Water Heating System

About This Home

As of May 2012

Three bedroom two bath Cape set back at the end of a private driveway. Nice yard, 2 car garage. Will require improvements and upgrades but priced accordingly. Many nice features but needs restoration. Corporate owned.

Last Agent to Sell the Property

Chuck Spencer

Hogan Associates Christie's License #RES.0025335 Listed on: 04/27/2012

Last Buyer's Agent

Jim Manson

Hogan Associates Christie's License #RES.0016967

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,754 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 159A
  • Assessor Parcel Number 550EASTMAINRDMDLT

Community Details

Overview

  • Wyatt Square Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5005
  • Subdivision Name: WYATT SQUARE
  • Above Grade Finished Sq Ft: 1754.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Living Area: 1754.0
  • Stories: 2

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Other, Private Sewer
  • 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: 21800.0
  • Parcel #: 550EASTMAINRDMDLT

Tax Info

  • Tax Annual Amount: 3847.0
  • Tax Lot: 159A
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2014
Sold by
Chabot Douglas S and Chabot Douglas
Bought by
Douglas Chabot T
Current Estimated Value
$731,307

Purchase Details

Listed on
Apr 27, 2012
Closed on
May 25, 2012
Sold by
Partridge Snow & Hahn Llc
Bought by
Chabot Douglas
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Jim Manson
Hogan Associates Christie's
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Oct 18, 2011
Sold by
Webster James
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 3, 2004
Sold by
Minami Ann
Bought by
Webster James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,050
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Hayes Bradd C and Hayes Corinne
Bought by
Ninami Ann K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1994
Sold by
Ledonna Michael M and Ledonna Nicole
Bought by
Hayes Bradd C and Hayes Corinne

Purchase Details

Closed on
Jun 29, 1990
Sold by
Furtado Francis
Bought by
Ledonna Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Douglas Chabot T -- --
Douglas Chabot T -- --
Chabot Douglas $125,000 --
Federal National Mortgage Association $200,050 --
Webster James $320,000 --
Ninami Ann K $235,000 --
Hayes Bradd C $145,000 --
Ledonna Michael $1,422,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledonna Michael $200,050
Previous Owner Ledonna Michael $188,000
Previous Owner Ledonna Michael $139,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $125,000 -10.7% $71 / Sq Ft
04/27/2012 04/27/12 For Sale $139,900 -- $80 / 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 $6,556 $556,100 $279,900 $276,200
2024 $6,262 $556,100 $279,900 $276,200
2023 $4,544 $360,900 $159,400 $201,500
2022 $4,338 $360,900 $159,400 $201,500
2021 $4,338 $360,900 $159,400 $201,500
2020 $4,250 $308,900 $138,600 $170,300
2018 $4,247 $308,900 $138,600 $170,300
2016 $3,969 $257,400 $105,400 $152,000
2015 $3,871 $257,400 $105,400 $152,000
2014 $3,863 $240,400 $95,800 $144,600
2013 $3,777 $240,400 $95,800 $144,600
Source: Public Records

Agents Affiliated with this Home

  • Chuck Spencer

    Seller's Agent in 2012

    Chuck Spencer

    Hogan Associates Christie's

    (401) 862-7324

    1 in this area

    6 Total Sales

    Chuck Spencer
    Section Image
  • Jim Manson

    Buyer's Agent in 2012

    Jim Manson

    Hogan Associates Christie's

    (401) 680-6588

    1 in this area

    9 Total Sales

    Jim Manson
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1015946

State-Wide MLS

APN: MIDD-000113-000000-000159A

Rhode Island Newport County Middletown 02842

550 E Main Rd, Middletown, RI

Not Listed for Sale

Detached

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