NOT LISTED FOR SALE

122 Purgatory Rd Unit C Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $605,988 - $757,000

2 Beds
1.5 Baths
1,224 Sq Ft
$573/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $385,000 $315 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,609/month

382 Days on Market

Highlights

  • Beach Front
  • Cathedral Ceiling
  • Tennis Courts
  • Deck
  • Wood Flooring
  • 5-minute walk to Dunlap Wheeler Park

About This Home

As of July 2017

ARE YOU SEEKING TRANQUILITY BY THE SEA. Renovated building!ACROSS FROM EASTON'S BEACH. GREAT WATERVIEWS. OPEN FLOOR PLAN, WITH SPACES INSIDE AND OUT FOR ENTERTAINING..

Last Agent to Sell the Property

Nancy Crockett

Crockett Realty, Inc. License #REB.0015340 Listed on: 06/01/2016

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 1948

Lot Details

  • 7,225 Sq Ft Lot
  • Beach Front

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,224 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 9 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Whole House Fan
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3403
  • Assessor Parcel Number 122PURGATORYRD#CMDLT

Community Details

Overview

  • 3 Units
  • First Beach/Tuckerman. Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,312

Year Built

Built in 1948

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1659
  • Subdivision Name: FIRST BEACH/TUCKERMAN.
  • Above Grade Finished Sq Ft: 1224.0
  • Building Name: 122 Purgatory Rd Condo
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1948
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 1224.0
  • Dining Room Type: Dining Room, Laundry, Living Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Paved
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Balcony, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 254.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 7225.0
  • Parcel #: 122PURGATORYRD#CMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3312.0
  • Tax Lot: 3403
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2019
Sold by
Magruder Kelly
Bought by
Newport Northstar Llc
Total Days on Market
382
Current Estimated Value
$701,497

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 19, 2017
Sold by
Crockett Nancy L
Bought by
Magruder Kelly
Seller's Agent
Nancy Crockett
Crockett Realty, Inc.
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$499,000
Sold Price
$385,000
Premium/Discount to List
-$114,000
-22.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$288,750
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Newport Northstar Llc -- --
Magruder Kelly $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magruder Kelly $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $385,000 -22.8% $315 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/01/2016 06/01/16 For Sale $499,000 -- $408 / 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
2024 $5,216 $463,200 $0 $463,200
2023 $4,571 $363,100 $0 $363,100
2022 $4,364 $363,100 $0 $363,100
2021 $4,364 $363,100 $0 $363,100
2020 $4,996 $363,100 $0 $363,100
2018 $4,993 $363,100 $0 $363,100
2016 $3,395 $220,200 $0 $220,200
2015 $3,312 $220,200 $0 $220,200
2014 $4,122 $256,500 $0 $256,500
2013 $4,030 $256,500 $0 $256,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Crockett

    Crockett Realty, Inc.

  • Grace Cimo

    Buyer's Agent in 2017

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    8 in this area

    81 Total Sales

    Grace Cimo
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1127582

State-Wide MLS

APN: MIDD-000116-N000000W-003403

Rhode Island Newport County Middletown 02842 Newport East

122 Purgatory Rd Unit C, Middletown, RI

This home is located at 122 Purgatory Rd Unit C, Middletown, RI 02842 since 01 June 2016 and is currently estimated at $701,497, approximately $573 per square foot. This property was built in 1948. 122 Purgatory Rd Unit C is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and St George's School.

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