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1504 Fairway Drive

1504 Fairway Drive, Middletown, RI 02842
Property in Middletown
Sold Jul 01, 2021
$395,000
$375,250 by Guaranteed Rate Inc
Mortgage
Sold Aug 03, 2018
$275,000
$265,000 by Navy Fcu
Mortgage Due Aug 03, 2048
1504 Fairway Drive 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 1987 and is 37 years old. The home has a total of 5 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, 1504 Fairway Drive has 2,052 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 carport 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. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. The property was last sold in Jul 1, 2021 for $395,000. That's $192.50 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $275,000. 1504 Fairway Drive was last assessed in 2023. The total value of the property was assessed at $272,500. While improvements on the property were assessed at a total of $272,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,431. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • 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: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,052
  • Gross Building Area: 2,552
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

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

Ownership

  • Current Owner : RODRIGUEZ ALICIA
  • Previous Owner : ZANITSCH SARA A
  • Owner Before Previous Owner: NEWSOM LARRY W
  • Owner Before Previous Owner 2: NEWSOM CAROL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: MIDDLETOWN PS
  • Census Tract: 040303

Zoning

  • Zoning: R20

Geography

  • Account Number: 202200001
  • Parcel: MIDD M:0106 B:00 L:4602
  • Lot: 4602
  • Municipality: MIDDLETOWN
  • Latitude: 41.5383
  • Longitude: -71.2971

    Address

  • Full Address: 1504 Fairway Dr
  • Address - House Number: 1504
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Middletown
  • Carrier Code: R003
  • 4-Digit Zip Code: 4588
  • Zip Code: 02842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,431

    Appraisal Valuation

  • Standard Deviation: 0.3802
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 23
  • Final Value: 448,032
  • High Value: 618,388
  • Low Value: 277,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $375,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,500
  • Assessed Improvements Value: $272,500

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841796666
  • Current Sale Price: $395,000
  • Current Sale Document Type: Condominium Deed
  • Current Sale Input Document Number: 2339
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Aug 03, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $265,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 03, 2048

About Newport East



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Frequently Asked Questions

What neighborhood is 1504 Fairway Drive located in?
The 1504 Fairway Drive is a located in the neighborhood of Middletown in Newport East, Middletown.
What is the average sales price for listings in 1504 Fairway Drive?
The average sales price for units in 1504 Fairway Drive is $0 currently.

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