NOT LISTED FOR SALE

9 Crest St Middletown, RI 02842

Estimated Value: $928,000 - $1,413,000

3 Beds
2 Baths
1,172 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $320,000 $273 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $7,467/month

57 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Public Transportation
  • Walking Distance to Water
  • Porch
  • 5-minute walk to Dunlap Wheeler Park

About This Home

As of September 2013

Great Investment Opportunity on Easton's Pt! Two cottages on one lot! Front House: 612 SqFt, 2 bds, porch; Back: 560 SqFt, 1 bed, den. GREAT weekly summer rents, good off season monthly rents. Walking distance to beaches. Current rents below market.

Last Agent to Sell the Property

Jean Kusiak

TK Real Estate Brokerage LLC Listed on: 06/07/2013

Last Buyer's Agent

Colleen Weaver

Hogan Associates Christie's License #REB.0018311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 126A
  • Assessor Parcel Number 991/2CRESTSTMDLT

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Easton's Point Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,465

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: RMAX37
  • Co List Office Phone: 401-433-5100
  • Subdivision Name: EASTON'S POINT
  • Above Grade Finished Sq Ft: 1172.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 1172.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 991/2CRESTSTMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5465.0
  • Tax Lot: 126A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Sep 4, 2013
Sold by
Hattie Siperstein Irt
Bought by
Mallinson James K and Mallinson Tracy W
Seller's Agent
Jean Kusiak
TK Real Estate Brokerage LLC
Buyer's Agent
Colleen Weaver
Hogan Associates Christie's
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$1,251,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,563
Avg. Annual Appreciation
11.95%
Original Mortgage
$240,000
Interest Rate
4.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mallinson James K $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallinson James K $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $320,000 -8.5% $273 / Sq Ft
08/04/2013 08/04/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $349,900 -- $299 / 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 $9,985 $886,800 $712,000 $174,800
2023 $7,146 $567,600 $419,100 $148,500
2022 $6,823 $567,600 $419,100 $148,500
2021 $6,672 $555,100 $419,100 $136,000
2020 $6,799 $494,100 $350,400 $143,700
2018 $6,794 $494,100 $350,400 $143,700
2016 $5,724 $371,200 $248,800 $122,400
2015 $5,583 $371,200 $248,800 $122,400
2014 $5,703 $354,900 $237,900 $117,000
2013 $5,575 $354,900 $237,900 $117,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jean Kusiak

    TK Real Estate Brokerage LLC

    Section Image
  • Colleen Weaver

    Buyer's Agent in 2013

    Colleen Weaver

    Hogan Associates Christie's

    (401) 835-0075

    9 in this area

    12 Total Sales

    Colleen Weaver
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1043128

State-Wide MLS

APN: MIDD-000116-N000000E-000126A

Rhode Island Newport County Middletown 02842

9 Crest St, Middletown, RI

This home is located at 9 Crest St, Middletown, RI 02842 since 07 June 2013 and is currently estimated at $1,251,563, approximately $1,067 per square foot. This property was built in 1950. 9 Crest St 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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