$682,000 - $742,152
RENTED AUG 2, 2025

129 Vernon Ave Unit 131 Middletown, RI 02842

Newport East Neighborhood
2 Beds
1 Bath
875 Sq Ft
$818 Price per Sq Ft

Last Sold August 07, 2015

Last sale price $285,000 $326 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,413/month

Highlights

  • Wood Flooring
  • Tennis Courts
  • Laundry Room
  • No HOA
  • Bathtub with Shower
  • Storage Room

About This Home

As of August 2025

Light and bright, charming duplex near Vernon Park. Available immediately for yearly lease or longer. Open floor plan, renovated kitchen featuring newer cabinets, granite countertops and stainless-steel appliances. Beautiful wood floors throughout. The new deck off the dining area leads to a large private fenced in backyard. The upstairs has 2 spacious bedrooms and Full bathroom with tub/shower. Washer / dryer in basement with additional room for storage. Walkout door to the backyard. Enjoy the privacy of a separate front and rear entrance, as well as separate basement area. Pets considered. Driveway for 2 vehicles. Gas heat. Close to beaches, shopping, Broadway's restaurants. Minutes to Downtown Newport and Naval Base.

Last Agent to Rent the Property

Jeremy Booth

JB Newport Realty License #REB.0019026 Listed on: 07/29/2025

Last Renter's Agent

Jeremy Booth

JB Newport Realty License #REB.0019026 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,258

Year Built

  • Built in 1940

Home Design

  • Plaster

Interior Spaces

  • 875 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Property Available on 8/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 129VERNONAVMDLT

Community Details

Overview

  • No Home Owners Association
  • Vernon Park Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,258

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-08-01
  • Security Deposit: 2600.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Vernon Park
  • Above Grade Finished Sq Ft: 875.0
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1940
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 875.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Other
  • Exterior Features: Paved Driveway

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Parking, Sewer, Trash Collection
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 129VERNONAVMDLT

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 7, 2015
Sold by
Sabatino Properties Ll
Bought by
Hien Bethany M and Hien Jonathan
Seller's Agent
Susan McCoy
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Jeremy Booth
JB Newport Realty
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%
Current Estimated Value
$715,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,538
Avg. Annual Appreciation
9.57%
Original Mortgage
$242,937
Outstanding Balance
$192,108
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$523,430

Purchase Details

Closed on
Aug 30, 2012
Sold by
Joseph Sabatino T
Bought by
Sabatino Props Llc

Purchase Details

Closed on
Mar 27, 2008
Sold by
Spooner-Willis Beth E
Bought by
Sabatino Joseph
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
Hien Bethany M $285,000 --
Sabatino Props Llc -- --
Sabatino Joseph $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Theodore $242,937
Previous Owner Willis Theodore $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Rented $2,600 0.0% --
07/29/2025 07/29/25 For Rent $2,600 +62.5% --
01/04/2018 01/04/18 For Rent $1,600 0.0% --
01/04/2018 01/04/18 Rented $1,600 0.0% --
08/07/2015 08/07/15 Sold $285,000 -6.6% $165 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $305,000 -- $177 / 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 $6,258 $555,800 $259,600 $296,200
2023 $3,829 $304,100 $134,000 $170,100
2022 $3,655 $304,100 $134,000 $170,100
2021 $3,655 $304,100 $134,000 $170,100
2020 $3,737 $271,600 $116,500 $155,100
2018 $3,735 $271,600 $116,500 $155,100
2016 $3,634 $235,700 $81,900 $153,800
2015 $3,545 $235,700 $81,900 $153,800
2014 $3,486 $216,900 $86,800 $130,100
2013 $3,407 $216,900 $86,800 $130,100
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Booth

    Landlord's Agent in 2025

    Jeremy Booth

    JB Newport Realty

    (401) 480-8855

    2 in this area

    19 Total Sales

    Jeremy Booth
    Section Image

  • M

    Seller's Agent in 2018

    Marybeth Ross

    Keller Williams Coastal

  • S

    Seller's Agent in 2015

    Susan McCoy

    RE/MAX Profnl. Newport, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1391209

State-Wide MLS

APN: MIDD-000109-N000000E-000058

Rhode Island Newport County Middletown 02842 Newport East

129 Vernon Ave Unit 131, Middletown, RI

This home is located at 129 Vernon Ave Unit 131, Middletown, RI 02842 since 29 July 2025 and is currently priced at $715,538. This property was built in 1940. 129 Vernon Ave Unit 131 is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and All Saints STEAM Academy.

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