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124 Corey Lane

124 Corey Lane, Middletown, RI 02842
Property in Middletown
Sold Mar 12, 2014
$100,000
$99,000 by Atlantic Home Loans Inc
Mortgage Due May 04, 2042
Sold May 04, 2012
$199,000
$99,000 by Atlantic Home Loans Inc
Mortgage Due May 04, 2042
124 Corey Lane has been categorized by the local assessors in Middletown, RI as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 124 Corey Lane has 1,610 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 124 Corey Lane was last sold in Jan 1, 1970 for $100,000. According to our calculations, that's $62.11 per sqft. Prior to that sales transaction, the property was sold for $199,000 in Jan 1, 1970. Current property owners are expected to pay $4,554 in taxes per year. The property on 124 Corey Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $361,700. While improvements to the property were assessed at a total of $361,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,610
  • Gross Building Area: 2,215
  • Building Area: 1,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,610
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COREY LN
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SHELLEY C DUNGAN RET
  • Current Owner 2: DUNGAN SHELLEY C
  • Previous Owner : DUNGAN SHELLEY C
  • Previous Owner 2: DUNGAN BRUCE A
  • Owner Before Previous Owner: HICKS ROBERT D
  • Owner Before Previous Owner 2: 3RD ROBERT D HICKS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: MIDDLETOWN PS
  • Census Tract: 040400

Zoning

  • Zoning: R40

Geography

  • Account Number: 201500060
  • Parcel: MIDD M:0120 B:00 L:28124
  • Lot: 28124
  • Municipality: MIDDLETOWN
  • Latitude: 41.5115
  • Longitude: -71.2707

    Address

  • Full Address: 124 Corey Ln
  • Address - House Number: 124
  • Address - Street Name: Corey
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Middletown
  • Carrier Code: R002
  • 4-Digit Zip Code: 5657
  • Zip Code: 02842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,554

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 653,124
  • High Value: 802,833
  • Low Value: 503,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,000
  • First Open Lien Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 04, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $99,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 04, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,700
  • Assessed Improvements Value: $361,700

    Sales

  • Current Sale Recording Date: Mar 12, 2014
  • Current Sale Transaction ID: 1200941154
  • Current Sale Price: $100,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 490
  • Previous Sale Recording Date: May 04, 2012
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC HOME LOANS INC
  • Previous Mortgage Transaction Date: May 04, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $99,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 04, 2042

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Frequently Asked Questions

What neighborhood is 124 Corey Lane located in?
The 124 Corey Lane is a located in the neighborhood of Middletown in Newport, Middletown.
What is the average sales price for listings in 124 Corey Lane?
The average sales price for units in 124 Corey Lane is $0 currently.

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