NOT LISTED FOR SALE

244 Purgatory Rd Unit 3 Middletown, RI 02842

Estimated Value: $377,019 - $531,000

1 Bed
1 Bath
420 Sq Ft
$128/mo HOA Fee

Last Sold October 01, 2015

Last sale price $223,500 $532 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,692/month

75 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 1 Car Detached Garage
  • Cathedral Ceiling
  • Walking Distance to Water
  • Thermal Windows

About This Home

As of October 2015

Enjoy summers at the beach! Walk to Easton or Second Bech. Clean ,one bedroom free standing cottatge with hardwoods throughout, private yard,deck and outdoor shower. One car garage, with additional space. Minutes to downtown Newport. A must see.

Last Agent to Sell the Property

Michael Lambrese

RE/MAX Properties License #RES.0032571 Listed on: 06/17/2015

RE/MAX Properties

Last Buyer's Agent

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,505

Year Built

  • Built in 1950

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 420 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 5103
  • Assessor Parcel Number 244PURGATORYRD3MDLT

Community Details

Overview

  • 6 Units
  • Second/Easton Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,505

Year Built

Built in 1950

Lot Details

0

HOA Fees

$128 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SECOND/EASTON BEACH
  • Above Grade Finished Sq Ft: 420.0
  • Building Name: BEACH WAY CONDOS
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 420.0
  • Dining Room Type: Kitchen, Master Bedroom
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 127.5
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 244PURGATORYRD3MDLT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2505.0
  • Tax Lot: 5103
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Oct 2, 2015
Sold by
Mungovan Courtney E and Mungovan David J
Bought by
Angel Gregory S
Seller's Agent
Michael Lambrese
RE/MAX Properties
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$239,900
Sold Price
$223,500
Premium/Discount to List
-$16,400
-6.84%
Current Estimated Value
$446,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,005
Avg. Annual Appreciation
7.16%
Original Mortgage
$178,800
Outstanding Balance
$141,011
Interest Rate
3.95%
Estimated Equity
$305,494

Purchase Details

Closed on
Aug 27, 2003
Sold by
254 Purgatory Road Llc
Bought by
Stone Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
5.69%
Source: Public Records

Range of Values:

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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
Angel Gregory S $223,500 --
Stone Courtney $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angel Gregory S $178,800
Previous Owner Stone Courtney $167,600
Previous Owner Stone Courtney $181,000
Previous Owner Stone Courtney $153,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $223,500 -6.8% $532 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $239,900 -- $571 / 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 $2,359 $209,500 $0 $209,500
2023 $2,058 $163,500 $0 $163,500
2022 $1,965 $163,500 $0 $163,500
2021 $1,965 $163,500 $0 $163,500
2020 $2,250 $163,500 $0 $163,500
2018 $2,248 $163,500 $0 $163,500
2016 $2,427 $157,400 $0 $157,400
2015 $2,367 $157,400 $0 $157,400
2014 $2,398 $149,200 $0 $149,200
2013 $2,344 $149,200 $0 $149,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Lambrese

    Seller's Agent in 2015

    Michael Lambrese

    RE/MAX Properties

    (401) 447-3232

    41 Total Sales

    Michael Lambrese
    Section Image
  • Jessica Chase

    Buyer's Agent in 2015

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    12 in this area

    87 Total Sales

    Jessica Chase
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1099814

State-Wide MLS

APN: MIDD-000116-N000000E-005103

Rhode Island Newport County Middletown 02842

244 Purgatory Rd Unit 3, Middletown, RI

This home is located at 244 Purgatory Rd Unit 3, Middletown, RI 02842 since 17 June 2015 and is currently estimated at $446,505, approximately $1,063 per square foot. This property was built in 1950. 244 Purgatory Rd Unit 3 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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