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251 Island Dr

Middletown, RI 02842

4 bd 3 ba 2,249 sqft Built 2001 Lot 30,056 sqft single_family
Most recent sale
$780,000
Dec 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2021 Sold $780,000 MLS #1296779
Nov 26, 2021 Price changed $799,000 MLS #1296779
Nov 4, 2021 Price changed $839,000 MLS #1296779
Oct 21, 2021 Listed $859,000 MLS #1296779
Jun 7, 2011 Listing removed $599,000 StateWide
Dec 8, 2010 Relisted $599,000 MLS #968476
Dec 7, 2010 Listing removed $599,000 StateWide
Jun 6, 2010 Listed $599,000 MLS #968476
Apr 14, 2004 Sold $650,000 Public Record
Jul 18, 2002 Sold $399,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $409,100 $436,800 $845,900 $9,973
2023 $322,300 $306,000 $628,300 $7,910
2022 $322,300 $306,000 $628,300 $7,552
2021 $322,300 $306,000 $628,300 $7,552
2020 $290,800 $236,900 $527,700 $7,261
2018 $290,800 $236,900 $527,700 $7,256
2016 $291,600 $244,200 $535,800 $8,262
2015 $291,600 $244,200 $535,800 $8,058
2014 $311,200 $213,800 $525,000 $8,437
2013 $311,200 $213,800 $525,000 $8,248
2006 $403,700 $241,900 $645,600 $6,843

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,249 sqft
Lot size
30,056 sqft
ZIP code
02842
City
Middletown
Street
Island Dr
Coordinates
41.54131, -71.27344

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,374
Gross rental yield
5.19%
Implied cap rate
3.37%
Trend-extrapolated value

Frequently asked questions

When did 251 Island Dr last sell?
251 Island Dr most recently sold on Dec 28, 2021 for $780,000.
What is the current tax assessment for 251 Island Dr?
The most recent total assessment for 251 Island Dr (year 2025) is $845,900 with $9,973 in property tax.
How does 251 Island Dr's assessment compare to its last sale price?
The current assessment is 8.4% above the last sale price of $780,000.
When was 251 Island Dr built?
251 Island Dr was built in 2001.
How does 251 Island Dr compare to others on Island Dr?
We track 8 other properties on Island Dr. Browse the list under "Other properties on Island Dr" to compare beds, baths, and sale history.
What are the property facts for 251 Island Dr?
251 Island Dr is a 4 bed, 3 bath, 2,249 sqft, 30,056 sqft lot single_family.
Is 251 Island Dr a flip candidate?
No — 251 Island Dr does not appear in our flips dataset.
Is 251 Island Dr a tax-appeal candidate?
No — 251 Island Dr 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

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