198 Reservoir Rd Middletown, RI 02842
Newport East NeighborhoodEstimated Value: $1,008,167 - $1,151,000
3
Beds
4
Baths
2,377
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- Deck
- Attic
- Tennis Courts
- Wood Flooring
- Game Room
- Cottage
About This Home
As of August 2021Enjoy comfortable living in this well maintained 3bedroom home on quiet side street near the beach. The main level consists of large living room with gas fireplace that is open to the kitchen and dining area. There is also a half bath on the first floor. There are two large bedrooms and a full bath with tub and shower on the second floor. There is a 3rd Bedroom with full bath on the third floor. There is hardwood flooring throughout the top three floors. The finished lower level has a family room with awesome wet bar, space for an office or play area, half bath and storage and laundry area as well. The lower level has a second staircase to outside backyard area. The kitchen opens to back deck that overlooks a large private patio. You will love the outdoor shower after a day at the beach. There is a storage shed for bikes, surf boards and beach chairs. Many recent updates include new windows, dishwasher, oven/range, washing machine and furnace. The convenient location is close to the beach, restaurants, shopping, and easy access to Newport. A great home in great shape, ready to move in and enjoy as principal residence, second home or great long or short term rental. Do not wait to see this one!
Last Agent to Sell the Property
Compass / Lila Delman Compass License #REB.0014586 Listed on: 05/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,018
Year Built
- Built in 2001
Lot Details
- 3,700 Sq Ft Lot
- Property is zoned R10
Home Design
- Cottage
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 3-Story Property
- Gas Fireplace
- Thermal Windows
- Game Room
- Storage Room
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
- Outbuilding
Location
- Property near a hospital
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 24 / NW
- Assessor Parcel Number 198RESERVOIRRDMDLT
Community Details
Recreation
- Tennis Courts
- Recreation Facilities
Additional Features
- The Beaches/Aquidneck School Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2021
Closed on
Aug 20, 2021
Sold by
Winston Brian A and Shewell-Winston Alison
Bought by
Marks Spencer A and Marks Vita E
Seller's Agent
William Parker Sizeland
Compass / Lila Delman Compass
Buyer's Agent
Noelle Shiland
Coldwell Banker Realty
List Price
$795,000
Sold Price
$810,000
Premium/Discount to List
$15,000
1.89%
Total Days on Market
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,542
Avg. Annual Appreciation
7.52%
Original Mortgage
$810,000
Outstanding Balance
$746,010
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,532
Purchase Details
Closed on
Aug 10, 2010
Sold by
Ohanely Janet C
Bought by
Shewell Alison and Winston Brian A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 17, 2006
Sold by
Solly Christopher Gt
Bought by
Ohanley Janet
Purchase Details
Closed on
Apr 15, 2002
Sold by
Vaillancourt Charles
Bought by
Solly Christopher G T and Solly Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.84%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marks Spencer A | $810,000 | None Available | |
| Shewell Alison | $395,000 | -- | |
| Ohanley Janet | $495,000 | -- | |
| Solly Christopher G T | $297,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marks Spencer A | $810,000 | |
| Previous Owner | Solly Christopher G T | $316,000 | |
| Previous Owner | Solly Christopher G T | $50,000 | |
| Previous Owner | Solly Christopher G T | $244,000 | |
| Previous Owner | Solly Christopher G T | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $810,000 | +1.9% | $341 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $795,000 | -- | $334 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,176 | $726,100 | $262,500 | $463,600 |
| 2023 | $6,257 | $497,000 | $191,500 | $305,500 |
| 2022 | $5,974 | $497,000 | $191,500 | $305,500 |
| 2021 | $5,974 | $497,000 | $191,500 | $305,500 |
| 2020 | $5,648 | $410,500 | $147,300 | $263,200 |
| 2018 | $5,644 | $410,500 | $147,300 | $263,200 |
| 2016 | $5,778 | $374,700 | $132,700 | $242,000 |
| 2015 | $5,635 | $374,700 | $132,700 | $242,000 |
| 2014 | $5,753 | $358,000 | $120,600 | $237,400 |
| 2013 | $5,624 | $358,000 | $120,600 | $237,400 |
Source: Public Records
Agents Affiliated with this Home
-
William Parker Sizeland
Seller's Agent in 2021
William Parker Sizeland
Compass / Lila Delman Compass
(401) 862-7428
9 in this area
87 Total Sales
-
Noelle Shiland
Buyer's Agent in 2021
Noelle Shiland
Coldwell Banker Realty
(401) 529-4611
3 in this area
28 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1283286
APN: MIDD-000121-N000000W-000024
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