$4,260,254
RENTED APR 15, 2025

132 Prospect Ave Middletown, RI 02842

Newport East Neighborhood
3 Beds
2 Baths
1,375 Sq Ft
$3,098 Price per Sq Ft

About This Home

Location, location, location. This recently and meticulously renovated 3 bedroom, 1.5 bath is just steps from Middletown's Second Beach and the Sachuest Point National Wildlife Refuge. Enjoy sunrises, sunsets, water views, rolling hillsides, a walk around Boyd's Windmill, and views of the iconic St. George's steeple from your personal back deck. A quiet oasis in the highly sought-after Paradise Avenue neighborhood. Take advantage of Meadowlark RV Park's 10 acres of green space, fire pits, picnic tables, etc. -- without the feeling of living at an RV park. The $3,200 monthly rent includes all utilities, optional linens, and kitchenware. A worry-free experience in an incredible location. A Naval War College favorite with a flexible yearly lease. Sorry, no pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Rideout Mae L Est
Bought by
Beach View Rv Park Llc
Current Estimated Value
$4,260,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,213,575
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,046,679
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Beach View Rv Park Llc $2,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach View Rv Park Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $3,200 0.0% --
04/12/2025 04/12/25 Under Contract -- -- --
03/21/2025 03/21/25 For Rent $3,200 +6.7% --
05/14/2024 05/14/24 Rented $3,000 0.0% --
04/30/2024 04/30/24 Under Contract -- -- --
04/23/2024 04/23/24 For Rent $3,000 0.0% --
04/10/2024 04/10/24 Under Contract -- -- --
02/01/2024 02/01/24 For Rent $3,000 0.0% --
07/20/2023 07/20/23 Rented $3,000 0.0% --
07/20/2023 07/20/23 For Rent $3,000 -- --

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 $28,338 $2,183,200 $1,897,500 $285,700
2023 $28,992 $1,550,400 $1,320,000 $230,400
2022 $27,675 $1,550,400 $1,320,000 $230,400
2021 $26,713 $1,550,400 $1,320,000 $230,400
2020 $0 $1,009,800 $806,300 $203,500
2018 $0 $1,009,800 $806,300 $203,500
2016 $0 $906,100 $722,900 $183,200
2015 -- $906,100 $722,900 $183,200
2014 -- $808,200 $657,000 $151,200
2013 -- $808,200 $657,000 $151,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa morrison

    Seller's Agent in 2025

    Lisa morrison

    Coldwell Banker Realty

    (203) 217-3990

    2 in this area

    87 Total Sales

    Lisa morrison
    Section Image

  • G

    Seller Co-Listing Agent in 2025

    Gregory Adams

    Coldwell Banker Realty

    (401) 208-7466

    Gregory Adams
    Section Image

  • H

    Buyer's Agent in 2025

    Heather Mason

    Coldwell Banker Realty

    (781) 913-9475

    4 Total Sales

    Heather Mason
    Section Image
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Map

Rhode Island Newport County Middletown 02842 Newport East

132 Prospect Ave, Middletown, RI

This home is located at 132 Prospect Ave, Middletown, RI 02842 and is currently estimated at $4,260,254, approximately $3,098 per square foot. 132 Prospect 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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