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20 Freeborn Street

20 Freeborn Street, Newport, RI 02840
Property in Middletown
Sold Oct 29, 2021
$400,000
$300,000 by Banknewport
Mortgage Due Oct 29, 2051
Sold Sep 02, 2016
$248,000
$243,508 by Atlantic Home Loans Inc
Mortgage Due Sep 02, 2046
Local assessors in Newport, RI have categorized 20 Freeborn Street as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 20 Freeborn Street has a total of 816 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 20 Freeborn Street was last sold in Oct 29, 2021 for $400,000. According to our calculations, that's $490.20 per sqft. Prior to that sales transaction, the property was sold for $248,000 in Jan 1, 1970. Current property owners are expected to pay $3,850 in taxes per year. The property on 20 Freeborn Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $305,800. To break that down further, the land itself was valued at $199,500. While improvements to the property were assessed at a total of $106,300. 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 816
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 816
  • Gross Building Area: 1,684
  • Building Area: 816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 816
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEYS PAUL A
  • Current Owner 2: CORCORAN MARGARET
  • Previous Owner : PAQUETTE MICHELLE M
  • Owner Before Previous Owner: MCCARTY ELLEN F
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: MIDDLETOWN PS
  • Census Tract: 040302

Zoning

  • Zoning: R10

Geography

  • Account Number: 202200127
  • Parcel: MIDD M:0108 B:SW L:157B
  • Block: SW
  • Lot: 157B
  • Municipality: MIDDLETOWN
  • Latitude: 41.5052
  • Longitude: -71.3

    Address

  • Full Address: 20 Freeborn St
  • Address - House Number: 20
  • Address - Street Name: Freeborn
  • Address - Suffix Type: St
  • State: RI
  • City Name: Middletown
  • Carrier Code: C033
  • 4-Digit Zip Code: 5424
  • Zip Code: 02842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,850

    Appraisal Valuation

  • Standard Deviation: 0.2362
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 521,868
  • High Value: 645,152
  • Low Value: 398,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: BANKNEWPORT
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 29, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,800
  • Assessed Land Value: $199,500
  • Assessed Improvements Value: $106,300

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11862205027
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3595
  • Previous Sale Recording Date: Sep 02, 2016
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKNEWPORT
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC HOME LOANS INC
  • Previous Mortgage Transaction Date: Sep 02, 2016
  • Previous Mortgage Loan Amount: $243,508
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 02, 2046

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Frequently Asked Questions

What neighborhood is 20 Freeborn Street located in?
The 20 Freeborn Street is a located in the neighborhood of Middletown in Newport East, Newport.
What is the average sales price for listings in 20 Freeborn Street?
The average sales price for units in 20 Freeborn Street is $0 currently.

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