NOT LISTED FOR SALE

127 Newport Ave Middletown, RI 02842

Estimated Value: $793,939 - $1,113,000

4 Beds
2.5 Baths
2,132 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $403,000 $189 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,611/month

83 Days on Market

Highlights

  • Beach Access
  • Raised Ranch Architecture
  • Game Room
  • Deck
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of May 2015

Walk to Beaches!!! 4 Bedroom home in desirable family neighborhood, that offers beautiful hard wood floors, spacious bedrooms with large closets. Navien furnace and large fenced in yard. w/ patio. Enjoy evenings on deck listening to ocean surf.

Last Agent to Sell the Property

Donna Leathem

Keller Williams Coastal License #RES.0032339 Listed on: 01/07/2015

Last Buyer's Agent

Madeline Turano

HomeSmart Professionals License #RES.0033059

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1975

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,132 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Game Room
  • Utility Room
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 227 / SE
  • Assessor Parcel Number 127NEWPORTAVMDLT

Community Details

Overview

  • Beaches & Aquidneck School Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,188

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: KELW02
  • Co List Office Phone: 401-845-9200
  • Subdivision Name: BEACHES & AQUIDNECK SCHOOL
  • Above Grade Finished Sq Ft: 2132.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Partial, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 2132.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Laundry, Utility Room
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Brick, Shingle Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 127NEWPORTAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4188.0
  • Tax Block: SE
  • Tax Lot: 227
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
May 1, 2015
Sold by
Wilkinson Jacqueline E and Holbrook Francis S
Bought by
Rea Jonathan C and Rea Kate R
Seller's Agent
Donna Leathem
Keller Williams Coastal
Buyer's Agent
Madeline Turano
HomeSmart Professionals
List Price
$424,900
Sold Price
$403,000
Premium/Discount to List
-$21,900
-5.15%
Current Estimated Value
$963,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,485
Avg. Annual Appreciation
8.74%
Original Mortgage
$241,800
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Neu Julia I
Bought by
Holbrook Jacqueline E and Holbrook Francis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Franks Robert
Bought by
Neu Stephen and Neu Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1998
Sold by
Nagelschmidt John J and Nagelschmidt Donna
Bought by
Franks Robert Thomas and Franks Kathleen
Source: Public Records

Range of Values:

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Average Value
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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
Rea Jonathan C $403,000 --
Holbrook Jacqueline E $350,000 --
Neu Stephen $348,000 --
Franks Robert Thomas $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Jonathan C $200,000
Closed Franks Robert Thomas $241,800
Previous Owner Franks Robert Thomas $280,000
Previous Owner Franks Robert Thomas $278,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $403,000 -5.2% $189 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $424,900 -- $199 / 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 $6,280 $557,700 $326,500 $231,200
2023 $5,137 $408,000 $238,100 $169,900
2022 $4,904 $408,000 $238,100 $169,900
2021 $4,904 $408,000 $238,100 $169,900
2020 $4,724 $343,300 $175,200 $168,100
2018 $4,720 $343,300 $175,200 $168,100
2016 $4,304 $279,100 $150,600 $128,500
2015 $4,198 $279,100 $150,600 $128,500
2014 $4,188 $260,600 $136,900 $123,700
2013 $4,094 $260,600 $136,900 $123,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Donna Leathem

    Keller Williams Coastal

  • M

    Buyer's Agent in 2015

    Madeline Turano

    HomeSmart Professionals

    (401) 525-6388

    1 Total Sale

    Madeline Turano
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Map

Source: State-Wide MLS

MLS Number: 1085950

State-Wide MLS

APN: MIDD-000115-S000000E-000227

Rhode Island Newport County Middletown 02842

127 Newport Ave, Middletown, RI

This home is located at 127 Newport Ave, Middletown, RI 02842 since 07 January 2015 and is currently estimated at $963,485, approximately $451 per square foot. This property was built in 1975. 127 Newport Ave 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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