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Backup Offers

518 Corey Ln, Middletown, RI, 02842

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,400 SqFt
$446/SqFt
Condo

Location

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518 Corey Ln, Middletown$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage
Attached GarageYes
Year Built1986
HeatingForced Air, Natural Gas
CoolingNone
MLS #1374419
StatusAccepting Backup Offers
(Active Under Contract)

About 518 Corey Ln

Welcome home to this well maintained two bedroom, 2-1/2 bath condominium, situated in beautiful Whitehall Farm. This two level condominium features an expansive living room with wood burning fireplace, cathedral ceiling, and french doors that lead out to a cozy, private courtyard. Located on the opposite side of the primary level is the quaint kitchen and open concept dining area which is perfect for entertaining. On the second level, you'll be amazed by the size of the spacious primary bedroom, which comes equipped with an ample ensuite bathroom, as well as two large closets. Across the hallway is the second bedroom, with ample closet and another ensuite full bath. This condominium has undergone a complete exterior renovation and it is privately situated at the extreme end of the development, overlooking a lovely wooded and grassy area. This condominium is minutes from beaches, restaurants, shopping, and Newport attractions. It's the perfect home for seasonal or year round living. This is the opportunity you've been waiting for!

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 2
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: Keller Williams South Watuppa
  • Office Phone: (508) 677-3233

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Laminate

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Attached, Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $446/SqFt

HOA Fees:

  • Amount: $740
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,085
  • 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

$717.5K

Med. Price/SqFt

$427

Avg. Days On Market

70

# of Sold Homes

11

518 Corey Ln vs Middletown

8 DAYS ON ROCKET

-62 Days

$625,000

-$92.5K Less

$446/SqFt

+$19 More

KEY TAKEAWAY

This property is $92.5K less than the Median Sold Price and $19/SqFt more than other homes in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1374419

Listing Office:

  • Office Name: Keller Williams South Watuppa
  • Office Phone: (508) 677-3233

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: 12/18/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 10, 1990Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,085$296,900
2018$4,082$296,900

History based on county public records data.

Payment Calculator

$3,927

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-4436342
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 0.59 miles

  • Public District Grades 4-4

school-card-donut-4436343
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.54 miles

  • Public District Grades PK-4

school-card-donut-4436344
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 4.94 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 $107,000. Residents of Middletown, RI typically earn between $100k-200k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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.

Types of housing 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.

What is it like to live in Middletown, RI?

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.

Is it easy to get around Middletown, RI without a car?

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.

Transportation in Middletown, RI.

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 518 Corey Ln

What is the listing price of this property?

The listing price of 518 Corey Ln property is $625,000.

What type of property is this?

The property 518 Corey Ln is a condo located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Accepting Backup Offers: 518 Corey Ln 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 $4,085 (source: MLS/based on county public records data).

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

The last sale was on July 10, 1990 for $129,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Corey Ln has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 Corey Ln is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Corey Ln is 1986.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›518 Corey Ln

This home is located at 518 Corey Ln in Middletown, RI and zip code 02842. This 1,400 square foot home was built in 1986. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $625,000.

In November 2024, from all listings sold in Middletown, RI there were more than 2 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Middletown, RI between October 2024 and November 2024 decreased by 5.7%. Listings spent 70 days on the market in November 2024, and had a median list price of $717,500 during the same period.

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

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