NOT LISTED FOR SALE

107 Allston Ave Middletown, RI 02842

Estimated Value: $1,138,000 - $1,480,000

4 Beds
3 Baths
2,632 Sq Ft
$479/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $1,025,000 $389 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,560/month

7 Days on Market

Highlights

  • Guest House
  • Cathedral Ceiling
  • Attic
  • Deck
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2023

Two houses for the price of one...An Easton's Point rare find. Beautifully updated European kitchen and bath in this charming 3 bedroom 2 bath ranch including a bedroom and bath in the lower level finished basement. Plus an updated/renovated cottage with vacation rental history on an oversized lot. The strong rental history for the cottage gives added income while you stay in your private home. The yard is a wonderful oasis with plenty of room for entertaining and gardening, yet a walk to the beach. A must-see property!

Last Agent to Sell the Property

Ann Ritterbusch

RE/MAX Profnl. Newport, Inc. License #RES.0021141 Listed on: 10/23/2023

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Bertie Macgowan

Gustave White Sotheby's Realty License #RES.0016335

Gustave White Sotheby's Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,122

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced

Home Design

  • Wood Siding
  • Clapboard

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Home Office
  • Storage Room
  • Utility Room
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number 107109ALLSTONAVMDLT

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Easton's Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $8,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,122

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.24
  • Inclusions: Rental income from the cottage is an estimate...Actual amount upon request. Expenses vary from year to year. Information upon request
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 2632.0
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Appliances, Insulation
  • Year Built: 1950
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Laundry, Office, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Other, Wood Siding
  • Exterior Features: Deck, Patio, Barbecue, Paved Driveway
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Forced Air, Gas, Propane, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 107109ALLSTONAVMDLT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8122.0

Tax Info

  • Tax Annual Amount: 8122.0
  • Tax Lot: 247
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Oct 22, 2015
Sold by
Holbrook Robin E
Bought by
Moneta Umberto and Moneta Bridget
Seller's Agent
Donna Leathem
Keller Williams Coastal
Buyer's Agent
Ann Ritterbusch
RE/MAX Profnl. Newport, Inc.
List Price
$449,900
Sold Price
$418,866
Premium/Discount to List
-$31,034
-6.9%
Current Estimated Value
$1,261,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,644
Avg. Annual Appreciation
11.49%
Original Mortgage
$350,000
Outstanding Balance
$274,808
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$986,702

Purchase Details

Closed on
Nov 13, 1992
Sold by
Riggs Margaret E
Bought by
Smith Kevin M and Smith Robin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moneta Umberto $418,866 --
Smith Kevin M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moneta Umberto $350,000
Previous Owner Smith Kevin M $30,000
Previous Owner Smith Kevin M $218,000
Previous Owner Smith Kevin M $200,000
Previous Owner Smith Kevin M $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $1,025,000 +5.1% $389 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $975,000 +132.8% $370 / Sq Ft
10/22/2015 10/22/15 Sold $418,866 -6.9% $264 / Sq Ft View Prior Sale
09/24/2015 09/24/15 For Sale $449,900 -- $284 / 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 $11,313 $959,500 $717,300 $242,200
2024 $10,804 $959,500 $717,300 $242,200
2023 $7,176 $570,000 $384,000 $186,000
2022 $6,851 $570,000 $384,000 $186,000
2021 $6,829 $568,100 $384,000 $184,100
2020 $6,125 $445,100 $256,900 $188,200
2018 $6,120 $445,100 $256,900 $188,200
2016 $5,298 $343,600 $187,200 $156,400
2015 $5,168 $343,600 $187,200 $156,400
2014 $5,176 $322,100 $170,200 $151,900
2013 $5,060 $322,100 $170,200 $151,900
Source: Public Records

Agents Affiliated with this Home

  • Ann Ritterbusch

    Seller's Agent in 2023

    Ann Ritterbusch

    RE/MAX Profnl. Newport, Inc.

    (401) 862-9192

    2 in this area

    13 Total Sales

    Ann Ritterbusch
    Section Image
  • Bertie Macgowan

    Buyer's Agent in 2023

    Bertie Macgowan

    Gustave White Sotheby's Realty

    (401) 225-1061

    6 in this area

    14 Total Sales

    Bertie Macgowan
    Section Image

  • D

    Seller's Agent in 2015

    Donna Leathem

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1346615

State-Wide MLS

APN: MIDD-000115-S000000E-000247

Rhode Island Newport County Middletown 02842

107 Allston Ave, Middletown, RI

Not Listed for Sale

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