NOT LISTED FOR SALE

1 Ichabod Ln Middletown, RI 02842

Estimated Value: $1,619,000 - $2,666,000

2 Beds
2 Baths
1,200 Sq Ft
$1,666/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $875,000 $729 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $11,895/month

Highlights

  • Marina
  • Furnished
  • Tennis Courts
  • Wood Flooring
  • No HOA
  • Storm Windows

About This Home

As of February 2018

"The Restmere Townhouse" Furnished Yearly Rental Available 12/15! Beautifully appointed with fully renovated everything! Charming two bedroom, two bathroom townhouse located in historic Italianate villa. Beautifully furnished in the Newport Cottage style. Off street parking, private entrance, laundry, and basement storage. Monthly rental rate is inclusive of water AND weekly housekeeping!

Last Agent to Rent the Property

Rebecca King

Gustave White Sotheby's Realty License #RES.0035659 Listed on: 11/13/2017

Gustave White Sotheby's Realty

Last Renter's Agent

Christine MacDonald

Coldwell Banker Realty License #REB.0019541

Coldwell Banker Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,892

Year Built

  • 1857

Lot Details

  • 0.43

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Clapboard

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wood Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/1/18
  • 12 Month Lease Term
  • Assessor Parcel Number 1ICHABODLANEMDLT

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,892

Year Built

1857

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2018-02-01

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1200.0
  • Building Name: Restmere
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1857

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: Private Entry,Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1200.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Clapboard, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Laundry Facilities, Parking
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 1ICHABODLANEMDLT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Grosvenor John
Bought by
Grosvenor John and Hackett Cheryl A
Current Estimated Value
$1,999,497

Purchase Details

Listed on
Nov 5, 2015
Closed on
Jul 8, 2016
Sold by
Schiff Shirley M
Bought by
Grosvenor John K
Seller's Agent
Gladys Barbosa
Edge Realty RI
Buyer's Agent
Caroline Slee
BHHS Commonwealth Real Estate
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$700,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Myers Lucielle
Bought by
Schiff Howard and Schiff Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grosvenor John -- None Available
Grosvenor John K $875,000 --
Schiff Howard $905,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grosvenor John K $700,000
Previous Owner Schiff Howard $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2018 02/23/18 Rented $1,850 -7.5% --
01/24/2018 01/24/18 Under Contract -- -- --
11/13/2017 11/13/17 For Rent $2,000 0.0% --
07/08/2016 07/08/16 Sold $875,000 -2.7% $158 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $899,000 -- $162 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,892 $1,432,700 $407,500 $1,025,200
2024 $16,132 $1,432,700 $407,500 $1,025,200
2023 $13,904 $1,104,400 $295,800 $808,600
2022 $13,275 $1,104,400 $295,800 $808,600
2021 $13,275 $1,104,400 $295,800 $808,600
2020 $11,616 $844,200 $228,600 $615,600
2018 $11,608 $844,200 $228,600 $615,600
2016 $12,886 $835,700 $181,000 $654,700
2015 $12,569 $835,700 $181,000 $654,700
2014 $12,560 $781,600 $164,600 $617,000
2013 $12,279 $781,600 $164,600 $617,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1177648

State-Wide MLS

APN: MIDD-000108-S000000E-000140