18 days on rocket

Backup Offers

1505 Fairway Dr, Middletown, RI, 02842

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,003 SqFt
$275/SqFt
Condo

Location

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1505 Fairway Dr, Middletown$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Carport
Year Built1987
HeatingBaseboard, Natural Gas, Hot Water
CoolingWall Unit(s)
WaterfrontWaterfront
FireplaceNone
ViewWater
MLS #1371983
StatusAccepting Backup Offers
(Active Under Contract)

About 1505 Fairway Dr

Welcome to 1505 Fairway Drive, a stunning 3-bedroom, 3.5 bath residence with unobstructed views of Narragansett Bay, nestled adjacent to Wanumetonomy Country Club. This stylishly appointed home boasts over 2000 square feet of living space. The open floor plan of the kitchen and living room were designed to accentuate west-facing water views for spectacular sunsets. This residence boasts two primary suites with private en-suite baths. Beautiful new sliding glass doors open from the living room to the deck and from the first floor primary suite bedroom to the patio where you can enjoy your morning coffee or evening sunsets. This corner unit faces south, giving the home great natural light, and it was the model unit for Westridge Condo Association. The upper level is dedicated to an oversized additional primary suite with large bath and ample closet space. The Westridge Condo Association is conveniently located in central Middletown with quick and easy access to the Navy Base, shopping and all that Newport and Aquidneck Island have to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 3
  • Living Area: 2,003 SqFt

Listing Office:

  • Office Name: Homes By Connect
  • Office Phone: (401) 323-3546

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior: Attic, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Deck, Patio, Paved Driveway

Parking Information:

  • Parking: Assigned, Carport

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $275/SqFt

HOA Fees:

  • Amount: $675
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,018
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Middletown, RI.

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Middletown, RI

City

Med. Sold Price

$722.5K

Med. Price/SqFt

$412

Avg. Days On Market

44

# of Sold Homes

13

1505 Fairway Dr vs Middletown

18 DAYS ON ROCKET

-26 Days

$550,000

-$172.5K Less

$275/SqFt

-$138 Less

KEY TAKEAWAY

This property is $172.5K less than the Median Sold Price and $138/SqFt less than other homes in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1371983

Listing Office:

  • Office Name: Homes By Connect
  • Office Phone: (401) 323-3546

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2012Home Sold
$209,000
Dec 22, 2005Home Sold
$390,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,018$226,900
2018$3,120$226,900

History based on county public records data.

Payment Calculator

$3,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-505833
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 1.59 miles

  • Public District Grades 4-4

school-card-donut-505834
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.08 miles

  • Public District Grades PK-4

school-card-donut-505835
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 3.40 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,972. Residents of Middletown, RI typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Middletown, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Middletown, RI?

Middletown's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that span from classic colonial to contemporary. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience. The area's construction history is varied, with many homes dating back to the mid-20th century, while recent developments have introduced modern amenities and designs into the mix.

Is Middletown, RI a good place to live?

Middletown is celebrated for its serene coastal charm and a strong sense of community. The town's character is defined by its picturesque landscapes, including well-maintained beaches and public parks that offer residents a peaceful retreat. Local events and festivals throughout the year, such as the Middletown Founders Day Parade, reflect the town's rich history and foster a sense of pride among residents. The community's ambiance is further enhanced by its commitment to preserving its natural beauty and historical significance.

Are things conveniently located in Middletown, RI?

The community is served by a range of essential services, ensuring residents have access to necessary amenities. The educational landscape includes several public schools that cater to different age groups, as well as private institutions that offer alternative educational pathways. Healthcare needs are met by local clinics and nearby hospitals that provide a spectrum of medical services. Middletown also features a public library system that supports lifelong learning. Retail and dining options are plentiful, with local businesses and eateries reflecting the town's coastal culture and culinary diversity.

What does the transportation in Middletown, RI look like?

Transportation in Middletown is facilitated by a network of roads that connect residents to neighboring cities and attractions. Public transit options are available, providing connections to key areas within the town and beyond. The community's layout encourages walkability in certain districts, particularly around commercial centers and residential neighborhoods. For those who prefer cycling, there are bike-friendly routes that make navigating the town more accessible. While specific ride-sharing services are not mentioned, such options are commonly used by residents for added convenience.

Frequently Asked Questions About 1505 Fairway Dr

What is the listing price of this property?

The listing price of 1505 Fairway Dr property is $550,000.

What type of property is this?

The property 1505 Fairway Dr is a condo located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Accepting Backup Offers: 1505 Fairway Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,018 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 4, 2012 for $209,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1505 Fairway Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1505 Fairway Dr is 2,003 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 Fairway Dr is 1987.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›1505 Fairway Dr

This home is located at 1505 Fairway Dr in Middletown, RI and zip code 02842. This 2,003 square foot home was built in 1987. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $550,000.

Middletown, RI housing market in October 2024 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. The number of homes for sale in Middletown, RI decreased by 13.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $722,500.

From Rocket Homes Real Estate and based on county public records data.

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