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
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
Outstanding Balance
$196,489
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 Main Rd Co | $250,000 | |
| Previous Owner | East Main Rd Co | $325,000 |
Source: Public Records
Tax History Compared to Growth
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 | $60,371 | $4,442,300 | $1,349,100 | $3,093,200 |
| 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
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