NOT LISTED FOR SALE

985 E Main Rd Middletown, RI 02842

Estimated Value: $2,068,581

2 Beds
-- Bath
950 Sq Ft
$2,177/Sq Ft Est. Value

About This Home

This home is located at 985 E Main Rd, Middletown, RI 02842 and is currently priced at $2,068,581, approximately $2,177 per square foot. 985 E Main Rd is a home located in Newport County with nearby schools including Middletown High School, The Pennfield School, and All Saints STEAM Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2015
Sold by
Sandpiper Cottages Llc
Bought by
East Island Reserv Llc
Current Estimated Value
$2,068,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 1999
Sold by
Freitas Realty Inc
Bought by
East Main Rd Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
East Island Reserv Llc $1,000,000 --
East Main Rd Co $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Island Reserves Llc $6,779,500
Closed East Main Rd Co $250,000
Previous Owner East Main Rd Co $325,000
Source: Public Records

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 $72,691 $4,442,300 $1,349,100 $3,093,200
2023 $72,691 $2,908,000 $718,700 $2,189,300
2022 $0 $2,908,000 $718,700 $2,189,300
2021 $0 $2,953,300 $718,700 $2,234,600
2020 $59,399 $3,261,900 $678,600 $2,583,300
2018 $58,870 $3,234,600 $677,100 $2,557,500
2016 $13,848 $677,500 $149,700 $527,800
2015 $13,523 $677,500 $149,700 $527,800
2014 $14,223 $666,500 $139,200 $527,300
2013 $13,910 $666,500 $139,200 $527,300
Source: Public Records

Map

Rhode Island Newport County Middletown 02842

985 E Main Rd, Middletown, RI

This home is located at 985 E Main Rd, Middletown, RI 02842 and is currently priced at $2,068,581, approximately $2,177 per square foot. 985 E Main Rd is a home located in Newport County with nearby schools including Middletown High School, The Pennfield School, and All Saints STEAM Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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