NOT LISTED FOR SALE

18 Phelps Rd Unit 18 Middletown, RI 02842

Estimated Value: $590,000 - $662,000

2 Beds
2 Baths
1,323 Sq Ft
$300/mo HOA Fee

Last Sold June 01, 2017

Last sale price $320,000 $242 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,046/month

18 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of June 2017

Just what you've been looking for AND just in time for summer - single level living in historic Vanderbilt carriage house! This beautiful 2 bedroom/2 full bath condo is tucked away just over the Newport line in Middletown yet close to the bridge, the beach, and Newport's great restaurants & shops. Exquisitely renovated with exposed brick, dramatic cathedral ceilings, original honey fir floors, updated granite kitchen, central A/C, plus bonus loft space for overnight guests or home office. 1 car garage is included with storage space above, PLUS 2 more off-street parking spots!!

Last Agent to Sell the Property

Gladys Barbosa

Edge Realty RI License #RES.0030485 Listed on: 04/13/2017

Last Buyer's Agent

Jane Johnson

New England Premier R.E. License #RES.0029257

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1900

Lot Details

  • 0.54

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,323 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Location

  • Property near a hospital

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 14401
  • Assessor Parcel Number 18PHELPSRDMDLT

Community Details

Overview

  • 6 Units
  • Boulevard Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,584

Year Built

Built in 1900

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5447
  • Subdivision Name: BOULEVARD
  • Above Grade Finished Sq Ft: 1323.0
  • Architectural Style: Loft
  • Building Name: M. Vanderbilt Phelps
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower
  • Living Area: 1323.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 23726.0
  • Parcel #: 18PHELPSRDMDLT
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 3584.0
  • Tax Lot: 14401
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Mickle Barbara A
Bought by
Perry Leigh A
Current Estimated Value
$620,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$361,594
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,584

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 1, 2017
Sold by
Gavan Terrence J
Bought by
Mickle Barbara A
Seller's Agent
Gladys Barbosa
Edge Realty RI
Buyer's Agent
Jane Johnson
New England Premier R.E.
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$272,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
New Phelps Avenue Llc
Bought by
Gavan Terrence J and Gavan Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perry Leigh A $420,000 None Available
Mickle Barbara A $320,000 --
Gavan Terrence J $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Leigh A $399,000
Previous Owner Mickle Barbara A $272,000
Previous Owner Gavan Terrence J $276,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $320,000 +3.2% $242 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $310,000 -- $234 / 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
2024 $5,341 $474,300 $0 $474,300
2023 $5,050 $401,100 $0 $401,100
2022 $4,821 $401,100 $0 $401,100
2021 $4,821 $401,100 $0 $401,100
2020 $4,164 $302,600 $0 $302,600
2018 $4,161 $302,600 $0 $302,600
2016 $3,675 $238,300 $0 $238,300
2015 $3,584 $238,300 $0 $238,300
2014 $4,046 $251,800 $0 $251,800
2013 $3,956 $251,800 $0 $251,800
Source: Public Records

Agents Affiliated with this Home

  • Gladys Barbosa

    Seller's Agent in 2017

    Gladys Barbosa

    Edge Realty RI

    (401) 855-1401

    1 in this area

    33 Total Sales

    Gladys Barbosa
    Section Image
  • Jane Johnson

    Buyer's Agent in 2017

    Jane Johnson

    New England Premier R.E.

    (401) 864-4039

    4 in this area

    20 Total Sales

    Jane Johnson
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1156609

State-Wide MLS

APN: 108 SW 144

Rhode Island Newport County Middletown 02842

18 Phelps Rd Unit 18, Middletown, RI

This home is located at 18 Phelps Rd Unit 18, Middletown, RI 02842 since 13 April 2017 and is currently estimated at $620,178, approximately $468 per square foot. This property was built in 1900. 18 Phelps Rd Unit 18 is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and All Saints STEAM Academy.

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