NOT LISTED FOR SALE

115 Purgatory Rd Middletown, RI 02842

Estimated Value: $4,056,036 - $5,967,000

6 Beds
6 Baths
3,955 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $2,600,000 $657 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $29,579/month

14 Days on Market

Highlights

  • Marina
  • Beach Access
  • Wood Flooring
  • Water Views
  • Golf Course Community
  • 3-minute walk to Dunlap Wheeler Park

About This Home

As of October 2018

Sunny Shingle style beach cottage just steps from beach! Stunning ocean views! Large kitchen with family-size center isle, 5 fireplaces, AC, elevator, and garage. Renovations in 2016, new baths, and bath house. Located on a quiet cul de sac and outside flood zone!

Last Agent to Sell the Property

Laurie Hewitt Burke

Lila Delman Compass License #RES.0029271 Listed on: 09/11/2018

Lila Delman Compass

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,638

Year Built

  • Built in 1873

Lot Details

  • 0.33 Acre Lot
  • Property is zoned OS/RES

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,955 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 5 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessible Doors

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Patio
  • Breezeway
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 115PURGATORYRDMDLT

Community Details

Overview

  • Purgatory Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,638

Year Built

Built in 1873

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Subdivision Name: Purgatory
  • Above Grade Finished Sq Ft: 3955.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1873
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Accessibility Features: Accessible Full Bath, Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Parquet, Carpet
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Elevator, Cable TV
  • Living Area: 3955.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Breezeway, Patio, Barbecue
  • Foundation Details: See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14375.0
  • Parcel #: 115PURGATORYRDMDLT
  • Zoning: OS/RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 26638.0
  • Tax Lot: 53
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 26, 2018
Sold by
Gretz Michael J
Bought by
115 Purgatory Llc
Seller's Agent
Laurie Hewitt Burke
Lila Delman Compass
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Current Estimated Value
$4,896,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,296,012
Avg. Annual Appreciation
9.12%

Purchase Details

Listed on
Mar 16, 2016
Closed on
Sep 30, 2016
Sold by
Seller
Bought by
Gretz Michael J
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Carol Hopkins
Island Realty
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$1,500,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2010
Sold by
Burgo Joyce L
Bought by
Hawthorn Invest Llc
Source: Public Records
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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
115 Purgatory Llc $2,600,000 --
Gretz Michael J $1,900,000 --
Hawthorn Invest Llc $58,000 --
Hawthorn Invest Llc $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gretz Michael J $1,500,000
Previous Owner Hawthorn Invest Llc $500,000
Previous Owner Hawthorn Invest Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2018 10/26/18 Sold $2,600,000 -5.5% $657 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $2,750,000 +44.7% $695 / Sq Ft
09/30/2016 09/30/16 Sold $1,900,000 -11.6% $480 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $2,150,000 -- $544 / Sq Ft
Source: State-Wide MLS

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 $49,551 $4,202,800 $2,500,600 $1,702,200
2024 $47,324 $4,202,800 $2,500,600 $1,702,200
2023 $32,671 $2,595,000 $1,338,000 $1,257,000
2022 $31,192 $2,595,000 $1,338,000 $1,257,000
2021 $25,067 $2,085,400 $1,338,000 $747,400
2020 $23,106 $1,679,200 $1,118,800 $560,400
2018 $23,089 $1,679,200 $1,118,800 $560,400
2016 $19,724 $1,279,100 $808,300 $470,800
2015 $19,238 $1,279,100 $808,300 $470,800
2014 $18,236 $1,134,800 $773,300 $361,500
2013 $17,828 $1,134,800 $773,300 $361,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1203821

State-Wide MLS

APN: MIDD-000116-N000000W-000053