NOT LISTED FOR SALE

1535 Wapping Rd Middletown, RI 02842

Estimated Value: $1,456,000 - $1,820,000

7 Beds
3.5 Baths
2,666 Sq Ft
$629/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $1,500,000 $563 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,087/month

64 Days on Market

Highlights

  • Marina
  • Barn
  • Wood Flooring
  • Golf Course Community
  • 5.56 Acre Lot
  • 1-minute walk to Howland Park

About This Home

As of December 2022

Opportunities abound! This property is the golden opportunity to own a 5 acre parcel in the heart of Middletown. Close to the beaches, along with wonderful Sweet Berry Farm! Currently a 3 story, two-family home with 8,257 sq.ft of warehouse/ garage spaces, broken up into approximately 21 spaces. Please see the zoning document attached with Permitted Uses in this R60 Zone. The property is an estate sale with limited information and being sold AS-IS.

Last Agent to Sell the Property

Sharyn Harrington

Kirby Properties, LLC. License #REB.0019207 Listed on: 10/25/2022

Last Buyer's Agent

Kate Leonard

Lila Delman Compass License #RES.0031901

Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,098

Year Built

  • Built in 1910

Lot Details

  • 5.56

Parking

  • 20 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,666 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Oil Water Heater

Additional Features

  • 5.56 Acre Lot
  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 1535WAPPINGRDMDLT

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Sweet Berry Farm Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,098

Year Built

Built in 1910

Lot Details

0

Parking

20

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 5.56
  • Subdivision Name: Sweet Berry Farm
  • Above Grade Finished Sq Ft: 2666.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 3
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Aluminum Siding
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 20.0
  • Garage Spaces: 20.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 41.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 242194.0
  • Parcel #: 1535WAPPINGRDMDLT
  • Zoning: R60
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8098.0
  • Tax Lot: 84
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 29, 2022
Sold by
Silveira Margaret L Est
Bought by
1535 Wapping Llc
Seller's Agent
Sharyn Harrington
Kirby Properties, LLC.
Buyer's Agent
Kate Leonard
Lila Delman Compass
List Price
$1,500,000
Sold Price
$1,500,000
Views
125
Current Estimated Value
$1,678,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,011
Avg. Annual Appreciation
3.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1535 Wapping Llc $1,500,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $1,500,000 0.0% $563 / Sq Ft
10/25/2022 10/25/22 For Sale $1,500,000 -- $563 / 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
2025 $15,020 $1,274,000 $654,900 $619,100
2024 $14,345 $1,274,000 $654,900 $619,100
2023 $8,482 $673,700 $326,800 $346,900
2022 $8,098 $673,700 $326,800 $346,900
2021 $8,098 $673,700 $326,800 $346,900
2020 $7,629 $554,400 $255,500 $298,900
2018 $7,623 $554,400 $255,500 $298,900
2016 $7,426 $481,600 $222,700 $258,900
2015 $7,243 $481,600 $222,700 $258,900
2014 $6,725 $418,500 $205,900 $212,600
2013 $6,575 $418,500 $205,900 $212,600
Source: Public Records

Agents Affiliated with this Home

  • Sharyn Harrington

    Seller's Agent in 2022

    Sharyn Harrington

    Kirby Properties, LLC.

    (401) 862-6826

    6 in this area

    21 Total Sales

    Sharyn Harrington
    Section Image

  • K

    Buyer's Agent in 2022

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    8 in this area

    30 Total Sales

    Kate Leonard
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1321470

State-Wide MLS

APN: MIDD-000125-000000-000084

Rhode Island Newport County Middletown 02842

1535 Wapping Rd, Middletown, RI

Not Listed for Sale

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