132 Maple Ave Middletown, RI 02842
Newport East Neighborhood
6
Beds
2
Baths
3,214
Sq Ft
0.38
Acres
Highlights
- Deck
- Furnished
- Ductless Heating Or Cooling System
- Wood Flooring
- Recreation Facilities
- Public Transportation
About This Home
As of January 2023Step into this fully furnished, turnkey duplex right in the heart of beautiful Acquidneck Island! Boasting two, 3 bedroom units ready to be owner occupied, air bnb'd, or rented at premium rates during the summer season. This property was recently renovated from the ground up with new drywall, energy efficient insulation, plumbing, electric, and HVAC. Each unit has its own driveway and metered utilities with access to the oversized, fenced-in, yard. During the winter months views of the Newport Bridge are seen throughout the upper unit. This property is projected to generate six figures annually utilizing the ability for short term rentals/ air bnb. One unit can be delivered vacant. 6% Seller financing and flexible terms available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,641
Year Built
- Built in 1980
Home Design
- Vinyl Siding
- Plaster
Interior Spaces
- 3,214 Sq Ft Home
- Furnished
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
Parking
- 6 Parking Spaces
- No Garage
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- 200+ Amp Service
- Gas Water Heater
Additional Features
- Deck
- Property near a hospital
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 132134MAPLEAVMDLT
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Additional Features
- 2 Units
- Operating Expense $12,641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2022
Sold by
132-134 Maple Ave Llc
Bought by
Park St Rental Prop Llc
Total Days on Market
94
Purchase Details
Listed on
Sep 1, 2021
Closed on
Jan 15, 2022
Sold by
Wong Noble S
Bought by
132-134 Maple Ave Llc
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Olivia White
The Hennessy Group
List Price
$598,500
Sold Price
$500,000
Premium/Discount to List
-$98,500
-16.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
Original Mortgage
$375,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 1, 2021
Closed on
Nov 19, 2021
Sold by
Kluth Frank J and Kluth Uirike G
Bought by
Wong Noble S and Beaujean Nicolas
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Olivia White
The Hennessy Group
List Price
$598,500
Sold Price
$500,000
Premium/Discount to List
-$98,500
-16.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $760,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | Purchase Money Mortgage | |
| Previous Owner | $228,000 | Unknown | |
| Previous Owner | $34,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | For Sale | $975,000 | +27.0% | $342 / Sq Ft |
| 01/11/2023 01/11/23 | Sold | $768,000 | -9.6% | $239 / Sq Ft |
| 10/20/2022 10/20/22 | Price Changed | $849,999 | -8.1% | $264 / Sq Ft |
| 10/08/2022 10/08/22 | For Sale | $925,000 | 0.0% | $288 / Sq Ft |
| 08/24/2022 08/24/22 | Rented | $2,200 | 0.0% | -- |
| 08/12/2022 08/12/22 | Price Changed | $2,200 | -21.4% | $2 / Sq Ft |
| 08/03/2022 08/03/22 | For Rent | $2,800 | 0.0% | -- |
| 11/19/2021 11/19/21 | Sold | $500,000 | -16.5% | $156 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $598,500 | -- | $186 / 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 |
|---|---|---|---|---|
| 2024 | $8,520 | $756,700 | $327,300 | $429,400 |
| 2023 | $4,526 | $359,500 | $169,000 | $190,500 |
| 2022 | $4,321 | $359,500 | $169,000 | $190,500 |
| 2021 | $4,321 | $359,500 | $169,000 | $190,500 |
| 2020 | $3,945 | $286,700 | $101,000 | $185,700 |
| 2018 | $3,942 | $286,700 | $101,000 | $185,700 |
| 2016 | $4,953 | $321,200 | $130,900 | $190,300 |
| 2015 | $4,831 | $321,200 | $130,900 | $190,300 |
| 2014 | $4,432 | $275,800 | $119,000 | $156,800 |
| 2013 | $4,333 | $275,800 | $119,000 | $156,800 |
Source: Public Records
Source: State-Wide MLS
MLS Number: 1321813
APN: MIDD-000108-N000000W-000025A
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