NOT LISTED FOR SALE

65 Bailey Ave Middletown, RI 02842

Estimated Value: $1,327,000 - $2,483,000

4 Beds
3 Baths
3,394 Sq Ft
$516/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $530,000 $156 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $9,913/month

173 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • In Ground Pool
  • Water Views
  • Horses Allowed On Property
  • 5.38 Acre Lot

About This Home

As of October 2012

Perfect opportunity for a private compound in Paradise Valley. 5 Acres!! Potential to subdivide.

Last Agent to Sell the Property

Arthur Chapman

William Raveis Inspire License #REB.0015893 Listed on: 03/24/2012

William Raveis Inspire

Last Buyer's Agent

Pamela Heroux

William Raveis Chapman Enstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,225

Year Built

  • Built in 1982

Lot Details

  • 5.38 Acre Lot
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,394 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Thermal Windows
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Property near a hospital
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 300
  • Assessor Parcel Number 65BAILEYAVMDLT

Community Details

Overview

  • Paradise Valley Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,225

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 5.38
  • Subdivision Name: PARADISE VALLEY
  • Above Grade Finished Sq Ft: 3394.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1982
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Storage, Skylights, Wood Burning Stove
  • Living Area: 3394.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 234353.0
  • Parcel #: 65BAILEYAVMDLT

Tax Info

  • Tax Annual Amount: 9225.0
  • Tax Lot: 300
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2013
Sold by
Heroux Benjamin G and Heroux Pamela J
Bought by
Fm Props Inc
Current Estimated Value
$1,751,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$76,516
Interest Rate
3.44%
Estimated Equity
$1,675,307

Purchase Details

Listed on
Mar 24, 2012
Closed on
Oct 16, 2012
Sold by
Rowe Thomas B and Rowe Elizabeth B
Bought by
Heroux Benjamin G and Heroux Pamela J
Seller's Agent
Arthur Chapman
William Raveis Inspire
Buyer's Agent
Pamela Heroux
William Raveis Chapman Enstone
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$250,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records
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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
Fm Props Inc $140,000 --
Heroux Benjamin G $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Heroux Benjamin G $100,000
Open Heroux Benjamin G $400,000
Previous Owner Heroux Benjamin G $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2012 10/16/12 Sold $530,000 -10.9% $156 / Sq Ft
09/16/2012 09/16/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $595,000 -- $175 / 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 $9,792 $830,500 $454,000 $376,500
2024 $9,351 $830,500 $454,000 $376,500
2023 $8,921 $708,600 $306,600 $402,000
2022 $8,517 $708,600 $306,600 $402,000
2021 $7,462 $620,800 $306,600 $314,200
2020 $7,367 $535,400 $251,100 $284,300
2018 $7,362 $535,400 $251,100 $284,300
2016 $7,607 $493,300 $217,800 $275,500
2015 $7,419 $493,300 $217,800 $275,500
2014 $6,261 $389,600 $192,000 $197,600
2013 $6,121 $389,600 $192,000 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1013237

State-Wide MLS

APN: MIDD-000120-000000-000300