NOT LISTED FOR SALE

216 Reservoir Rd Unit Cottage Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $751,000 - $1,108,150

2 Beds
1 Bath
552 Sq Ft
$1,648/Sq Ft Est. Value

Highlights

  • Marina
  • Wood Flooring
  • Cottage
  • Golf Course Community
  • No HOA
  • Recreation Facilities

About This Home

As of November 2020

~Yearly rental ideal for an individual available 11/1!~

Cute stand-alone cottage located right near the beach! This unit comes with a parking spot, great natural light, a cute yard, washer & dryer combo, hardwood floors, and water is included for only $1325 a month! One bedroom is more ideally an office space. Available 11/1 for an unfurnished yearly rental.

Last Agent to Rent the Property

Ethan Coombs

Teri Degnan RE & Consulting License #RES.0043622 Listed on: 10/21/2020

Last Renter's Agent

Ethan Coombs

Teri Degnan RE & Consulting License #RES.0043622 Listed on: 10/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,929

Year Built

  • Built in 1970

Lot Details

  • 6,970

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 552 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • 6,970 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 11/1/20
  • Month-to-Month Lease Term
  • Assessor Parcel Number 216RSERVOIRRDCottageMDLT

Community Details

Overview

  • No Home Owners Association
  • Easton's Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,929

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2020-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.16
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 552.0
  • Architectural Style: Cabin/Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1970
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 552.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • HOA Rent Includes: Gardener, Parking, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 216RSERVOIRRDCottageMDLT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2018
Sold by
Dacosta Mary C and Perry Mary C
Bought by
Ramponi Stephen
Current Estimated Value
$905,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$258,394
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$606,079
Source: Public Records

Range of Values:

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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
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 Change Sq Ft Price
10/21/2020 10/21/20 For Rent $1,325 0.0% --
10/21/2020 10/21/20 Rented $1,325 -- --
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 $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

  • Ethan Coombs

    Landlord's Agent in 2020

    Ethan Coombs

    Teri Degnan RE & Consulting

    (401) 263-5138

    2 in this area

    17 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1268181

State-Wide MLS

APN: MIDD-000121-N000000W-000037

Rhode Island Newport County Middletown 02842 Newport East

216 Reservoir Rd Unit Cottage, Middletown, RI

This home is located at 216 Reservoir Rd Unit Cottage, Middletown, RI 02842 since 21 October 2020 and is currently priced at $909,788. This property was built in 1970. 216 Reservoir Rd Unit Cottage is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and St George's School.

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