NOT LISTED FOR SALE

165 Reservoir Rd Middletown, RI 02842

Estimated Value: $849,000 - $941,222

3 Beds
3.5 Baths
1,735 Sq Ft
$525/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $845,000 $487 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,309/month

Highlights

  • Ranch Style House
  • Furnished
  • Recreation Facilities
  • Wood Flooring
  • No HOA
  • Shops

About This Home

As of September 2024

Nestled in the picturesque town of Middletown, RI, 165 Reservoir Road offers a cozy, fully-furnished rental available from September 1st to May 31st. This charming property provides the perfect seasonal retreat with easy access to the stunning local beaches, just a short walk or drive away. Whether you're looking to enjoy morning strolls along the shore, relaxing weekend beach days or a quick trip into beautiful Newport, this location delivers. The home features a well-appointed interior with a comfortable living space, modern kitchen, spacious bedrooms and bathrooms all on the main level. Natural light fills the home, creating a warm and inviting atmosphere. The basement has been recently renovated offering a perfect spot to relax after your day at the beach. Outside, the property boasts a well-maintained yard and deck for the days where you'd rather stay home. Conveniently located near the Naval Station Newport, this rental is an excellent choice for naval base employees seeking a quiet, comfortable place to call home during their assignment. Enjoy the best of coastal living while benefiting from an easy commute. With its blend of convenience, comfort, and proximity to the beach, 165 Reservoir Road is a standout choice for your off-season stay. Utilities included up to $200 per month. Any overages will be charged directly to tenants. Includes driveway snow removal for no extra cost.

Last Agent to Rent the Property

Thomas Rowley

Edge Realty RI License #RES.0047710 Listed on: 08/14/2024

Last Renter's Agent

Thomas Rowley

Edge Realty RI License #RES.0047710 Listed on: 08/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,137

Year Built

  • Built in 1968

Lot Details

  • 5,663

Home Design

  • Ranch Style House

Interior Spaces

  • Furnished
  • Finished Basement
  • Interior Basement Entry

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 9/1/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 165RESERVOIRRDMDLT

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Restaurant

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,137

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-09-01
  • Security Deposit: 3300.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1385.0
  • Architectural Style: Ranch
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 350.0
  • Entry Location: Private Entry
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Furnished
  • Living Area: 1735.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Community Features: Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Heat, Hot Water, Laundry Facilities, Parking, Snow Removal, Trash Collection, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 165RESERVOIRRDMDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 5, 2024
Sold by
Spruce Homes Llc
Bought by
Susan M Eisner Saidel T M and Susan Saidel
Seller's Agent
Dina Karousos
Serhant Rhode Island
Buyer's Agent
Thomas Rowley
Edge Realty RI
List Price
$899,000
Sold Price
$845,000
Premium/Discount to List
-$54,000
-6.01%
Views
295
Current Estimated Value
$911,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,306
Avg. Annual Appreciation
4.06%
Original Mortgage
$445,000
Outstanding Balance
$436,920
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$474,386
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Susan M Eisner Saidel T M $845,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susan M Eisner Saidel T M $445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Rented $3,300 0.0% --
08/14/2024 08/14/24 For Rent $3,300 0.0% --
01/09/2024 01/09/24 Sold $845,000 -0.5% $610 / Sq Ft View Prior Sale
12/11/2023 12/11/23 Pending -- -- --
10/28/2023 10/28/23 Price Changed $849,000 -5.6% $613 / Sq Ft
10/10/2023 10/10/23 For Sale $899,000 +89.3% $649 / Sq Ft
03/08/2021 03/08/21 Sold $475,000 0.0% $343 / Sq Ft View Prior Sale
02/06/2021 02/06/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $475,000 -- $343 / 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 $6,137 $520,500 $292,900 $227,600
2024 $5,861 $520,500 $292,900 $227,600
2023 $4,288 $340,600 $213,600 $127,000
2022 $4,094 $340,600 $213,600 $127,000
2021 $4,054 $337,300 $213,600 $123,700
2020 $3,963 $288,000 $164,300 $123,700
2018 $3,960 $288,000 $164,300 $123,700
2016 $3,989 $258,700 $147,100 $111,600
2015 $3,891 $258,700 $147,100 $111,600
2014 $4,167 $259,300 $133,600 $125,700
2013 $4,074 $259,300 $133,600 $125,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2024

    Thomas Rowley

    Edge Realty RI

    Section Image
  • Dina Karousos

    Seller's Agent in 2024

    Dina Karousos

    Serhant Rhode Island

    (401) 849-3000

    28 in this area

    210 Total Sales

    Dina Karousos
    Section Image
  • Jennifer Lawrence

    Seller's Agent in 2021

    Jennifer Lawrence

    Lila Delman Compass

    (401) 848-2101

    16 in this area

    65 Total Sales

    Jennifer Lawrence
    Section Image
  • David Lawrence

    Buyer's Agent in 2021

    David Lawrence

    Lila Delman Compass

    (401) 339-1010

    5 in this area

    10 Total Sales

    David Lawrence
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1366273

State-Wide MLS

APN: MIDD-000121-N000000W-000071

Rhode Island Newport County Middletown 02842

165 Reservoir Rd, Middletown, RI

Not Listed for Sale

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