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5 Bailey Ter

Middletown, RI 02842

3 bd 3 ba 1,956 sqft Built 1961 Lot 10,019 sqft single_family
Most recent sale
$717,500
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $717,500 MLS #1306590
Apr 2, 2022 Listed $699,999 MLS #1306590

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $236,600 $453,000 $689,600 $8,130
2023 $171,000 $243,500 $414,500 $5,219
2022 $171,000 $243,500 $414,500 $4,982
2021 $171,000 $243,500 $414,500 $4,982
2020 $151,400 $186,400 $337,800 $4,648
2018 $151,400 $186,400 $337,800 $4,645
2016 $154,100 $161,000 $315,100 $4,859
2015 $154,100 $161,000 $315,100 $4,739
2014 $153,200 $146,400 $299,600 $4,815
2013 $153,200 $146,400 $299,600 $4,707
2006 $226,400 $174,200 $400,600 $4,246

Property facts

Year built
1961
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,956 sqft
Lot size
10,019 sqft
ZIP code
02842
City
Middletown
Street
Bailey Ter
Coordinates
41.51057, -71.29803

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,934
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value

Frequently asked questions

When did 5 Bailey Ter last sell?
5 Bailey Ter most recently sold on May 10, 2022 for $717,500.
What is the current tax assessment for 5 Bailey Ter?
The most recent total assessment for 5 Bailey Ter (year 2025) is $689,600 with $8,130 in property tax.
How does 5 Bailey Ter's assessment compare to its last sale price?
The current assessment is 3.9% below the last sale price of $717,500.
When was 5 Bailey Ter built?
5 Bailey Ter was built in 1961.
How does 5 Bailey Ter compare to others on Bailey Ter?
We track 1 other property on Bailey Ter. Browse the list under "Other properties on Bailey Ter" to compare beds, baths, and sale history.
What are the property facts for 5 Bailey Ter?
5 Bailey Ter is a 3 bed, 3 bath, 1,956 sqft, 10,019 sqft lot single_family.
Is 5 Bailey Ter a flip candidate?
No — 5 Bailey Ter does not appear in our flips dataset.
Is 5 Bailey Ter a tax-appeal candidate?
No — 5 Bailey Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$1.09M
2026 Q4
$1.08M
ZIP 02842 — Median Price History + Forecast

Explore nearby

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