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55 Valley Road, Middletown, RI 02842
$499,000
55 Valley Road, Middletown, RI 02842View this property at 55 Valley Road, Middletown, RI 02842
55 Valley RoadMiddletownRI02842
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Property Description
Incredible opportunity that you don't want to miss! The property is being sold "AS IS". It is situated in a high-traffic area, making it the perfect location for commercial construction and/or residential use. Currently, it's being leased as a residential dwelling, but with its potential for commercial use, this land/property is a must-see for developers. Comparable property next door, 51 Valley Road - MLS 1351831, is a similar opportunity and both lots could be combined for many possibilities!
Full Property Details
Full Property Details for 55 Valley Rd
General
- Price: $499,000
- Taxes: $3,245 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 1351832
- Updated: 4/28/2024
- Added to Site: 91 day(s) ago
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Security/Safety: Fire Alarm
Parking
- Total Spaces: 3
Location
- County: Newport
- Subdivision: Commercial
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Connected
- Water: Multiple Meters, Public
- Utility Description: Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Underground Utilities
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 1
- Building Size: 1252
- Finished Total: 1,252 Sq. Ft.
- Finished Above Grnd: 1,252 Sq. Ft.
- Year Built: 1944
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size: 15246
- Street Lights: Yes
- Sidewalks: Yes
- Potential Use: Commercial, Development, Industrial, Mixed Use, Office, Warehouse
Financial Considerations
- Tax Amount: $3,245.85
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 55VALLEYRDMDLT
- Block: SE
- Lot Number: 93
Listed by Lila Delman Compass
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Schools
Schools serving 55 Valley Rd
School District:Middletown Schools
Rating | Name | Grades | Distance |
---|---|---|---|
130 Valley Rd, Middletown, RI 02842 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55 Valley Rd
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$499,000
-9.11%
MLS
1/31/2024
Listed
$549,000
-65.05%
MLS
4/13/2018
Sold
$1,571,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 55 Valley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,020
5%
$239,900
—
2022
$2,884
-1%
$239,900
—
2021
$2,904
—
$239,900
5%
2021
$2,904
-8%
$228,900
—
2018
$3,147
9%
$228,900
22%
2016
$2,899
3%
$188,000
—
2015
$2,828
-3%
$188,000
4%
2014
$2,918
2%
$181,600
—
2013
$2,853
—
$181,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 55 Valley Rd
55 Valley Road, Middletown, RI 02842 (MLS# 1351832) is a Commercial property. 55 Valley Road is currently listed for $499,000 and was received on January 31, 2024. Want to learn more about 55 Valley Road? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.