$832,000 - $961,978
RENTED SEP 12, 2024

163 Morrison Ave Middletown, RI 02842

Newport East Neighborhood
3 Beds
3 Baths
1,892 Sq Ft
$470 Price per Sq Ft

Last Sold December 18, 2023

Last sale price $875,000 $462 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,606/month

About This Home

As of December 2023

Escape to this coastal home in Middletown for an unforgettable winter retreat! Available from January 1st to June 15, 2025, this fully furnished home offers a perfect spot to experience the winter season in style. Modern design and an open floor plan create a warm atmosphere, ideal for relaxation or entertaining.

Centrally located, with easy access to shopping, restaurants, and attractions in both Middletown and Newport. All utilities are included up to a $400 monthly cap. This coastal country home is close to Newport's attractions like 2nd Beach, the Cliff Walk, Newport Vineyards, and Downtown Newport, while providing a quiet and scenic escape.

The interior was recently updated with a coastal-inspired theme. The kitchen features stainless steel appliances and a gas range. Three bedrooms, each with a comfortable queen-size bed and linens, provide ample accommodation. The lower level offers a bonus family room with entertainment options like a ping pong table. The spacious garage also features a level 2 EV charger (ChargePoint). Step outside to the large fenced-in backyard for al fresco dining on the deck or cozy evenings by the firepit and enjoy the new hardscaping patio, grill and bar area!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 18, 2023
Sold by
Mccarthy Ft and Mccarthy
Bought by
Welch Paul X and Welch Arlena T
Seller's Agent
Jeff Brooks
Hogan Associates Christie's
Buyer's Agent
Jennifer Pierik
Jamestown Real Estate LLC
List Price
$825,000
Sold Price
$875,000
Premium/Discount to List
$50,000
6.06%
Views
38
Current Estimated Value
$889,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,245
Avg. Annual Appreciation
1.10%
Original Mortgage
$275,000
Outstanding Balance
$271,959
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$617,286

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 29, 2020
Sold by
Neilan William A and Neilan Sheila M
Bought by
Mccarthy Gregory and Mccarthy Kimberly
Seller's Agent
Maureen Mills
Keller Williams Coastal
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$535,000
Sold Price
$555,000
Premium/Discount to List
$20,000
3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%
Original Mortgage
$471,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2017
Sold by
Neilan William A
Bought by
Neilan William A and Neilan Sheila M

Purchase Details

Listed on
Jun 20, 2013
Closed on
Mar 28, 2014
Sold by
Deloura Irene V
Bought by
Neilan William A
Seller's Agent
Paul Leys
Gustave White Sotheby's Realty
Buyer's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
List Price
$375,000
Sold Price
$299,000
Premium/Discount to List
-$76,000
-20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$269,100
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Deloura Sandra I
Bought by
Deloura Irene V
Source: Public Records

Range of Values:

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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
Welch Paul X $875,000 None Available
Mccarthy Gregory $555,000 None Available
Neilan William A -- --
Neilan William A $299,000 --
Deloura Irene V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Paul X $275,000
Previous Owner Mccarthy Gregory $471,750
Previous Owner Deloura Sandra $267,000
Previous Owner Neilan William A $269,100
Previous Owner Deloura Sandra $155,800
Previous Owner Deloura Sandra $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Rented $3,400 +4.6% --
08/22/2024 08/22/24 For Rent $3,250 0.0% --
12/18/2023 12/18/23 Sold $875,000 +6.1% $471 / Sq Ft
11/07/2023 11/07/23 For Sale $825,000 0.0% $444 / Sq Ft
09/07/2023 09/07/23 Rented $2,950 0.0% --
09/05/2023 09/05/23 Under Contract -- -- --
07/24/2023 07/24/23 For Rent $2,950 +2.6% --
08/09/2022 08/09/22 Rented $2,875 -2.5% --
08/05/2022 08/05/22 Under Contract -- -- --
06/27/2022 06/27/22 Price Changed $2,950 -1.7% $1 / Sq Ft
06/20/2022 06/20/22 Price Changed $3,000 -9.1% $1 / Sq Ft
04/28/2022 04/28/22 For Rent $3,300 0.0% --
09/30/2020 09/30/20 Sold $555,000 +3.7% $338 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $535,000 0.0% $325 / Sq Ft
06/13/2019 06/13/19 For Rent $2,650 0.0% --
06/13/2019 06/13/19 Rented $2,650 0.0% --
03/28/2014 03/28/14 Sold $299,000 -20.3% $222 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
06/20/2013 06/20/13 For Sale $375,000 -- $279 / Sq Ft

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 $7,376 $655,100 $399,300 $255,800
2023 $6,427 $510,500 $291,800 $218,700
2022 $6,136 $510,500 $291,800 $218,700
2021 $6,136 $510,500 $291,800 $218,700
2020 $5,842 $424,600 $224,500 $200,100
2018 $5,838 $424,600 $224,500 $200,100
2016 $5,368 $348,100 $204,100 $144,000
2015 $5,235 $348,100 $204,100 $144,000
2014 $5,409 $336,600 $185,700 $150,900
2013 $5,288 $336,600 $185,700 $150,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Schuyler Horton

    Hogan Associates Christie's

    (203) 305-0902

    4 Total Sales

    Schuyler Horton
    Section Image
  • Rebecca King

    Buyer's Agent in 2024

    Rebecca King

    Gustave White Sotheby's Realty

    (401) 808-9334

    7 in this area

    67 Total Sales

    Rebecca King
    Section Image
  • Jeff Brooks

    Seller's Agent in 2023

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    14 in this area

    133 Total Sales

    Jeff Brooks
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Pierik

    Jamestown Real Estate LLC

    (401) 743-3682

    5 in this area

    19 Total Sales

    Jennifer Pierik
    Section Image
  • Connor Dowd

    Seller's Agent in 2022

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    16 in this area

    409 Total Sales

    Connor Dowd
    Section Image
  • Jeremy Booth

    Buyer's Agent in 2022

    Jeremy Booth

    JB Newport Realty

    (401) 480-8855

    2 in this area

    21 Total Sales

    Jeremy Booth
    Section Image
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Map

Rhode Island Newport County Middletown 02842 Newport East

163 Morrison Ave, Middletown, RI

This home is located at 163 Morrison Ave, Middletown, RI 02842 and is currently estimated at $889,245, approximately $470 per square foot. 163 Morrison 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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