NOT LISTED FOR SALE

170 Prospect Ave Middletown, RI 02842

Estimated Value: $1,152,000 - $1,944,711

5 Beds
6 Baths
4,263 Sq Ft
$324/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $462,500 $108 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $8,148/month

173 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Thermal Windows
  • Deck
  • 2 Car Detached Garage
  • Porch

About This Home

As of June 2014

Great Home used as 3 Family now, could be converted to single family. Main house has apartment, Third unit is over detached garage. New windows, new roof, new oil tank.

Last Agent to Sell the Property

Maureen Mills

Keller Williams Coastal License #RES.0030211 Listed on: 12/05/2013

Keller Williams Coastal

Last Buyer's Agent

Elaine McGeough

RE/MAX Profnl. Newport, Inc. License #REB.0011758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,839

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Shingle Siding
  • Masonry
  • Plaster

Interior Spaces

  • 4,263 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Above Ground Pool
  • Deck
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 100 Amp Service
  • Well
  • Oil Water Heater

Community Details

  • 2 Buildings
  • 3 Units
  • Prospect Area Subdivision

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 170PROSPECTSTMDLT

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,839

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Subdivision Name: PROSPECT AREA
  • Above Grade Finished Sq Ft: 4263.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Living Area: 4263.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Pool Features: Above Ground
  • Construction Type: Drywall, Plaster, Masonry, Shingle Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: See Remarks
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Fuses, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 170PROSPECTSTMDLT

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7839.2
  • Tax Lot: 65
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2013
Closed on
Jun 27, 2014
Sold by
Hart Evelyn
Bought by
Skelly James B and Skelly Susan C
Seller's Agent
Maureen Mills
Keller Williams Coastal
Buyer's Agent
Elaine McGeough
RE/MAX Profnl. Newport, Inc.
List Price
$524,000
Sold Price
$462,500
Premium/Discount to List
-$61,500
-11.74%
Current Estimated Value
$1,381,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,428
Avg. Annual Appreciation
9.93%
Original Mortgage
$346,500
Outstanding Balance
$295,952
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,085,976
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
Skelly James B $462,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skelly James B $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $462,500 -11.7% $108 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $524,000 -- $123 / 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 $11,059 $938,000 $467,900 $470,100
2024 $11,201 $994,800 $467,900 $526,900
2023 $7,982 $634,000 $291,000 $343,000
2022 $7,621 $634,000 $291,000 $343,000
2021 $7,621 $634,000 $291,000 $343,000
2020 $7,843 $570,000 $282,200 $287,800
2018 $7,838 $570,000 $282,200 $287,800
2016 $8,166 $529,600 $240,500 $289,100
2015 $7,974 $530,200 $240,500 $289,700
2014 $8,017 $498,900 $210,300 $288,600
2013 $7,838 $498,900 $210,300 $288,600
Source: Public Records

Agents Affiliated with this Home

  • Maureen Mills

    Seller's Agent in 2014

    Maureen Mills

    Keller Williams Coastal

    (401) 578-9001

    1 in this area

    44 Total Sales

    Maureen Mills
    Section Image

  • E

    Buyer's Agent in 2014

    Elaine McGeough

    RE/MAX Profnl. Newport, Inc.

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Map

Source: State-Wide MLS

MLS Number: 1056450

State-Wide MLS

APN: MIDD-000121-N000000W-000065

Rhode Island Newport County Middletown 02842

170 Prospect Ave, Middletown, RI

Not Listed for Sale

MultiFamily

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