NOT LISTED FOR SALE

221 Purgatory Rd Middletown, RI 02842

Estimated Value: $413,000 - $886,000

2 Beds
1 Bath
700 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $520,000 $743 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,308/month

Highlights

  • Golf Course Community
  • Attic
  • Cottage
  • Wood Flooring
  • Furnished
  • Recreation Facilities

About This Home

As of February 2024

PERFECT cottage for your cozy winter rental! Visiting for the winter, travelling nurse, Newport War College attendee, or Salve professor?? This is THE short term rental for you! Fantastic location 5 minutes from downtown Newport. Short walk to Easton's Beach, Cliff Walk, Second Beach, great restaurants, and much more! AVAILABLE FEB. 1, 2024 - APRIL 30, 2024. Walk in and feel right at home in this fully furnished (linens excluded), newly renovated 2 bedroom, 1 bath cottage with 2 off-street parking spaces and lovely yard. Included in rent: lawn care/snow removal, water/sewer, trash/recycling, wi-fi, and electricity (capped at $200/month). Central heat/AC is electric. Combo washer/dryer laundry in the unit. Strict NO PET policy.

Last Agent to Rent the Property

Gladys Barbosa

Edge Realty RI License #RES.0030485 Listed on: 01/29/2024

Last Renter's Agent

Ben Willett

Serhant Rhode Island License #REB.0019095

Serhant Rhode Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,685

Year Built

  • 1953

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outdoor Grill
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/1/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 221PURGATORYRDMDLT

Community Details

Overview

  • Property has a Home Owners Association
  • Easton's Beach/Second Beach Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,685

Year Built

1953

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-02-01
  • Security Deposit: 1950.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Easton's Beach/Second Beach
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower, Furnished
  • Living Area: 700.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Porch, Barbecue
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Electricity, Heat, Hot Water, Internet, Laundry Facilities, Parking, Sewer, Snow Removal, Trash Collection, Water
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 221PURGATORYRDMDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 13, 2020
Sold by
Gallison Kaley
Bought by
Sozio Craig F and Sozio Suzette
Seller's Agent
James McAndrew
Teri Degnan RE & Consulting
Buyer's Agent
Elizabeth Glick
RE/MAX Profnl. Newport, Inc.
List Price
$449,000
Sold Price
$520,000
Premium/Discount to List
$71,000
15.81%
Current Estimated Value
$707,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,330
Avg. Annual Appreciation
6.51%
Original Mortgage
$386,400
Outstanding Balance
$343,841
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$363,489

Purchase Details

Closed on
Apr 25, 2005
Sold by
Vaillancourt Charles
Bought by
Gallison Kaley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,920
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Sozio Craig F $520,000 None Available
Gallison Kaley $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sozio Craig F $386,400
Previous Owner Gallison Kaley $255,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2024 02/24/24 Rented $1,950 0.0% --
01/29/2024 01/29/24 For Rent $1,950 0.0% --
02/07/2023 02/07/23 Rented $1,950 +8.3% --
01/08/2023 01/08/23 Under Contract -- -- --
12/30/2022 12/30/22 For Rent $1,800 +12.5% --
08/10/2021 08/10/21 Rented $1,600 0.0% --
07/11/2021 07/11/21 Under Contract -- -- --
03/15/2021 03/15/21 For Rent $1,600 0.0% --
11/13/2020 11/13/20 Sold $520,000 +15.8% $743 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $449,000 -- $641 / 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 $6,685 $593,700 $0 $593,700
2023 $4,847 $385,000 $0 $385,000
2022 $4,628 $385,000 $0 $385,000
2021 $5,594 $465,400 $0 $465,400
2020 $3,447 $250,500 $0 $250,500
2018 $3,444 $250,500 $0 $250,500
2016 $3,348 $217,100 $0 $217,100
2015 $3,265 $217,100 $0 $217,100
2014 $3,751 $233,400 $0 $233,400
2013 $3,667 $233,400 $0 $233,400
Source: Public Records

Agents Affiliated with this Home

  • Gladys Barbosa

    Landlord's Agent in 2024

    Gladys Barbosa

    Edge Realty RI

    (401) 855-1401

    1 in this area

    33 Total Sales

    Gladys Barbosa
    Section Image
  • Ben Willett

    Tenant's Agent in 2024

    Ben Willett

    Serhant Rhode Island

    (401) 835-8810

    12 in this area

    130 Total Sales

    Ben Willett
    Section Image

  • H

    Seller's Agent in 2023

    Heather Lopes

    Edge Realty RI

    Section Image
  • Robert Dye

    Buyer's Agent in 2023

    Robert Dye

    William Raveis Inspire

    (401) 849-5634

    2 in this area

    7 Total Sales

    Robert Dye
    Section Image

  • J

    Seller's Agent in 2021

    Joseph Keenan

    Century 21 Topsail Realty

    Section Image

  • S

    Buyer's Agent in 2021

    Sean Lawrence

    HomeSmart Professionals

    (401) 924-3327

    1 in this area

    57 Total Sales

    Sean Lawrence
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1351901

State-Wide MLS

APN: MIDD-000116-N000000E-001811

Rhode Island Newport County Middletown 02842

221 Purgatory Rd, Middletown, RI

This home is located at 221 Purgatory Rd, Middletown, RI 02842 since 29 January 2024 and is currently priced at $707,330. This property was built in 1953. 221 Purgatory Rd 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.

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.

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