NOT LISTED FOR SALE

9 King Rd Middletown, RI 02842

Estimated Value: $504,000 - $600,000

3 Beds
1 Bath
1,150 Sq Ft
$476/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $259,000 $225 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,292/month

24 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Thermal Windows

About This Home

As of March 2016

COMPLETE RENOVATION INCLUDES NEW DIRECT VENT FURNANCE, ROOF, ELECTRIC SERVICE, PAINT, FLOORS, BATHROOM, STAINLESS AND GRANITE KITCHEN. OUTBUILDING HAS GARAGE POTENTIAL OR WORKSHOP, CLOSE TO DOWNTOWN NEWPORT AND BEACHES ON A QUIET SIDE STREET

Last Agent to Sell the Property

Colleen Weaver

Hogan Associates Christie's License #REB.0018311 Listed on: 02/15/2016

Last Buyer's Agent

Sandra O'Brien

BerkshireHathaway HomeServices License #RES.0015989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,150 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 9KINGRDMDLT

Community Details

Overview

  • Two Mile Corner Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: TWO MILE CORNER
  • Above Grade Finished Sq Ft: 1150.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1150.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

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

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

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 9KINGRDMDLT
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 2966.0
  • Tax Lot: 137
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Mar 11, 2016
Sold by
Sullivan Sean T
Bought by
Sotelo Nicholas
Seller's Agent
Colleen Weaver
Hogan Associates Christie's
Buyer's Agent
Sandra O'Brien
BerkshireHathaway HomeServices
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$547,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,307
Avg. Annual Appreciation
8.02%
Original Mortgage
$254,308
Outstanding Balance
$200,383
Interest Rate
3.68%
Estimated Equity
$346,924

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 26, 2015
Sold by
Pike Exum L
Bought by
Sullivan Sean T and Mallinson James K
Seller's Agent
David Lawrence
Lila Delman Compass
Buyer's Agent
Colleen Weaver
Hogan Associates Christie's
List Price
$129,000
Sold Price
$116,600
Premium/Discount to List
-$12,400
-9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.41%

Purchase Details

Listed on
Feb 13, 2015
Closed on
Jan 9, 2015
Sold by
Mackinnon Paul W
Bought by
Mackinnon John T
Seller's Agent
David Lawrence
Lila Delman Compass
Buyer's Agent
Colleen Weaver
Hogan Associates Christie's
List Price
$129,000
Sold Price
$116,600
Premium/Discount to List
-$12,400
-9.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sotelo Nicholas -- --
Sullivan Sean T $116,600 --
Mackinnon John T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotelo Nicholas $254,308
Closed Sotelo Nicholas --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2016 03/11/16 Sold $259,000 0.0% $225 / Sq Ft
02/15/2016 02/15/16 For Sale $259,000 +122.1% $225 / Sq Ft
02/26/2015 02/26/15 Sold $116,600 -9.6% $150 / Sq Ft View Prior Sale
02/13/2015 02/13/15 For Sale $129,000 -- $166 / 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 $5,056 $428,800 $269,300 $159,500
2024 $4,828 $428,800 $269,300 $159,500
2023 $3,785 $300,600 $173,800 $126,800
2022 $3,613 $300,600 $173,800 $126,800
2021 $3,613 $300,600 $173,800 $126,800
2020 $3,265 $237,300 $128,400 $108,900
2018 $3,263 $237,300 $128,400 $108,900
2016 $3,041 $197,200 $106,600 $90,600
2015 $2,966 $197,200 $106,600 $90,600
2014 $3,093 $192,500 $96,900 $95,600
2013 $3,024 $192,500 $96,900 $95,600
Source: Public Records

Agents Affiliated with this Home

  • Colleen Weaver

    Seller's Agent in 2016

    Colleen Weaver

    Hogan Associates Christie's

    (401) 835-0075

    10 in this area

    13 Total Sales

    Colleen Weaver
    Section Image

  • S

    Buyer's Agent in 2016

    Sandra O'Brien

    BerkshireHathaway HomeServices

  • David Lawrence

    Seller's Agent in 2015

    David Lawrence

    Lila Delman Compass

    (401) 339-1010

    5 in this area

    10 Total Sales

    David Lawrence
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1117820

State-Wide MLS

APN: MIDD-000107-S000000W-000137

Rhode Island Newport County Middletown 02842

9 King Rd, Middletown, RI

Not Listed for Sale

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