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774 Indian Avenue

774 Indian Avenue, Middletown, RI 02842
Property in Middletown
Sold Jul 07, 2016
$376,000
$417,000 by Franklin First Financial Ltd
Mortgage Due Jul 07, 2031
774 Indian Avenue 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 1920 and is 104 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 774 Indian Avenue has 2,201 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 31,799 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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 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 hot water heating system and being fueled with oil. 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, 774 Indian Avenue was last sold in Jan 1, 1970 for $376,000. According to our calculations, that's $170.83 per sqft. Current property owners are expected to pay $10,121 in taxes per year. The property on 774 Indian Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $803,900. To break that down further, the land itself was valued at $651,800. While improvements to the property were assessed at a total of $152,100. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 987
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 2,201
  • Gross Building Area: 3,561
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,201
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BAIO DECIO
  • Previous Owner : KLEIN SONIA A EST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R40

Geography

  • Account Number: 201700008
  • Parcel: MIDD M:0129 B:00 L:45
  • Lot: 45
  • Municipality: MIDDLETOWN
  • Latitude: 41.5145
  • Longitude: -71.2372

    Address

  • Full Address: 774 Indian Ave
  • Address - House Number: 774
  • Address - Street Name: Indian
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Middletown
  • Carrier Code: R001
  • 4-Digit Zip Code: 5720
  • Zip Code: 02842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,121

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 1,153,135
  • High Value: 1,391,880
  • Low Value: 914,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: FRANKLIN FIRST FINANCIAL LTD
  • First Open Lien Mortgage Recording Date: Jul 07, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 07, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $803,900
  • Assessed Land Value: $651,800
  • Assessed Improvements Value: $152,100

    Sales

  • Current Sale Recording Date: Jul 07, 2016
  • Current Sale Transaction ID: 1652700732
  • Current Sale Price: $376,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 1740

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN FIRST FINANCIAL LTD
  • First Mortgage Transaction Date: Jul 07, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 07, 2031

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Frequently Asked Questions

What neighborhood is 774 Indian Avenue located in?
The 774 Indian Avenue is a located in the neighborhood of Middletown in Newport, Middletown.
What is the average sales price for listings in 774 Indian Avenue?
The average sales price for units in 774 Indian Avenue is $0 currently.

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