NOT LISTED FOR SALE

216 Reservoir Rd Unit 1 Middletown, RI 02842

Estimated Value: $765,000 - $1,187,000

2 Beds
1 Bath
1,088 Sq Ft
$885/Sq Ft Est. Value

About This Home

As of March 2018

Great 1st floor apartment close to beaches. Hardwood floors throughout. Open living room, dining room, kitchen - 2 good size bedrooms, 1 with walk in closet. Utilities are not included. Possible Garage space available at an additional cost. Available for a yearly lease. Dogs negotiable with approval, no cats. No laundry on the premises.

Last Agent to Rent the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 02/09/2018

RE/MAX Results

Last Renter's Agent

Michelle Blake

RE/MAX Profnl. Newport, Inc. License #RES.0029404

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,303

Lot Details

  • 6,970

Parking

  • 1 Parking Space

Home Design

  • 1,088 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System

Listing and Financial Details

  • Property Available on 2/15/18
  • 12 Month Lease Term
  • Assessor Parcel Number 216RESERVOIRAV1MDLT

Community Details

Overview

  • No Home Owners Association
  • Beaches Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,303

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2018-02-15

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Beaches
  • Above Grade Finished Sq Ft: 1088.0
  • Entry Level: 1
  • Structure Type: Apartment
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Living Area: 1088.0
  • ResoLivingAreaSource: PublicRecords

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 216RESERVOIRAV1MDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Feb 6, 2018
Sold by
Dacosta Mary C and Perry Mary C
Bought by
Ramponi Stephen
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Michelle Blake
RE/MAX Profnl. Newport, Inc.
Sold Price
$1,400
Current Estimated Value
$962,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$961,395
Original Mortgage
$300,000
Outstanding Balance
$252,574
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$710,221
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramponi Stephen $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramponi Stephen $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 For Rent $1,300 -7.1% --
02/09/2018 02/09/18 Rented $1,400 -- --
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 $8,303 $704,200 $309,700 $394,500
2024 $7,929 $704,200 $309,700 $394,500
2023 $6,392 $507,700 $225,900 $281,800
2022 $6,103 $507,700 $225,900 $281,800
2021 $6,103 $507,700 $225,900 $281,800
2020 $6,013 $437,000 $173,800 $263,200
2018 $6,009 $437,000 $173,800 $263,200
2016 $5,943 $385,400 $156,400 $229,000
2015 $5,796 $385,400 $156,400 $229,000
2014 $5,946 $370,000 $142,100 $227,900
2013 $5,813 $370,000 $142,100 $227,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Landlord's Agent in 2018

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    93 in this area

    691 Total Sales

    Joe Fitzpatrick
    Section Image

  • M

    Tenant's Agent in 2018

    Michelle Blake

    RE/MAX Profnl. Newport, Inc.

    (401) 855-6205

    2 in this area

    8 Total Sales

    Michelle Blake
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1181743

State-Wide MLS

APN: MIDD-000121-N000000W-000037

Rhode Island Newport County Middletown 02842

216 Reservoir Rd Unit 1, Middletown, RI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes