NOT LISTED FOR SALE

18 Phelps Rd Unit 18 Middletown, RI 02842

Estimated Value: $601,000 - $747,000

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. 100% increase in value since last sale

Current estimated payment $4,132/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
$639,311

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
$360,052
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,259

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
8.50%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2025 $5,592 $474,300 $0 $474,300
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

    19 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

Not Listed for Sale

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