NOT LISTED FOR SALE

78 Bailey Ave Middletown, RI 02842

Estimated Value: $1,838,656 - $2,498,000

4 Beds
4 Baths
3,000 Sq Ft
$746/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $960,000 $320 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $12,893/month

71 Days on Market

Highlights

  • Marina
  • 1.02 Acre Lot
  • Marble Flooring
  • Golf Course Community
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2014

Exceptional quality went into the design and construction of this shingled cottage on a quiet cul de sac only minutes to Second Beach & Sachuest. 3 levels of beautifully finished living space. Open floor plan, wraparound porch. Beautiful area.

Last Agent to Sell the Property

Susan Gustavson

Lila Delman Compass License #REB.0017044 Listed on: 04/17/2014

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,533

Year Built

  • Built in 2007

Lot Details

  • 1.02 Acre Lot
  • Cul-De-Sac
  • Property is zoned R40

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Stone Fireplace
  • Thermal Windows
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 918
  • Assessor Parcel Number 78BAILEYAVMDLT

Community Details

Overview

  • Paradise/Second Beach Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,533

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Subdivision Name: PARADISE/SECOND BEACH
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Central Vacuum, Cable TV
  • Living Area: 3000.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • 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: 12.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 44431.0
  • Parcel #: 78BAILEYAVMDLT
  • Zoning: R40

Tax Info

  • Tax Annual Amount: 9533.0
  • Tax Lot: 918
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 28, 2014
Sold by
Paradise Realty Llc
Bought by
Fremer Andrew J and Fremer Christina M
Seller's Agent
Susan Gustavson
Lila Delman Compass
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$1,095,000
Sold Price
$960,000
Premium/Discount to List
-$135,000
-12.33%
Current Estimated Value
$2,238,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,278,914
Avg. Annual Appreciation
7.63%
Original Mortgage
$417,000
Outstanding Balance
$316,940
Interest Rate
4.18%
Estimated Equity
$1,921,974
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fremer Andrew J $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fremer Andrew J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2014 07/28/14 Sold $960,000 -12.3% $320 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $1,095,000 -- $365 / 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 $15,197 $1,289,000 $407,600 $881,400
2024 $14,514 $1,289,000 $407,600 $881,400
2023 $10,499 $833,900 $301,100 $532,800
2022 $10,023 $833,900 $301,100 $532,800
2021 $10,023 $833,900 $301,100 $532,800
2020 $9,510 $691,100 $232,800 $458,300
2018 $9,503 $691,100 $232,800 $458,300
2016 $9,955 $645,600 $192,800 $452,800
2015 $9,710 $645,600 $192,800 $452,800
2014 $9,960 $619,800 $176,000 $443,800
2013 $9,737 $619,800 $176,000 $443,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1065200

State-Wide MLS

APN: MIDD-000120-000000-000918