NOT LISTED FOR SALE

25 Philips Ave Middletown, RI 02842

Estimated Value: $477,000 - $579,766

3 Beds
1.5 Baths
1,120 Sq Ft
$483/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $430,000 $384 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,499/month

23 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Recreation Facilities
  • Golf Course Community
  • Attic
  • 1 Car Attached Garage

About This Home

As of January 2023

Tucked away in a desirable Middletown neighborhood, this well-loved Ranch offers convenient, one-level living. Ready for new owners to put their own touches on it, this bright house has a great eat-in kitchen and living room anchored by a brick fireplace. Large windows allow a lot of south-facing light to stream in. The three bedrooms offer a lot of space and boast beautiful hardwood floors. There is one attached garage, which provides direct entry into the kitchen, as well as access to the unfinished basement area. The basement currently houses the laundry facilities, but also gives plenty of extra space to be used for work, play, or storage. Outside, this well-maintained yard is a blank canvas, perfect for creating your own outdoor space for relaxing and entertaining. Quick access to Rt. 114, allowing for a short commute to the Navy Base, Newport Pell Bridge, Mt. Hope Bridge, and Rt. 24 with ease. This is an estate sale and is being sold "as is."

Last Agent to Sell the Property

Sarah Kirwin Brady

Residential Properties Ltd. License #RES.0040313 Listed on: 11/18/2022

Residential Properties Ltd.

Last Buyer's Agent

Anna Anton

William Raveis Inspire License #RES.0024735

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R10

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 25PHILIPSAVMDLT

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,919

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 1120.0
  • Dining Room Type: Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.0
  • Parcel #: 25PHILIPSAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3918.52
  • Tax Lot: 21
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 9, 2023
Sold by
Brownell Josephine B Est and Behan
Bought by
Cobb Laurence A and Cobb Ayse
Seller's Agent
Sarah Kirwin Brady
Residential Properties Ltd.
Buyer's Agent
Anna Anton
William Raveis Inspire
List Price
$430,000
Sold Price
$430,000
Total Days on Market
23
Current Estimated Value
$540,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,942
Avg. Annual Appreciation
9.53%
Original Mortgage
$422,211
Outstanding Balance
$410,755
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$125,155
Source: Public Records

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Range of Values:

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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
Cobb Laurence A -- None Available
Cobb Laurence A -- None Available
Cobb Laurence A $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Laurence A $113,000
Open Cobb Laurence A $422,211
Closed Cobb Laurence A $422,211
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $430,000 0.0% $384 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $430,000 -- $384 / 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 $5,693 $505,600 $317,800 $187,800
2023 $4,230 $336,000 $205,000 $131,000
2022 $3,919 $326,000 $205,000 $121,000
2021 $3,919 $326,000 $205,000 $121,000
2020 $3,751 $272,600 $151,600 $121,000
2018 $3,748 $272,600 $151,600 $121,000
2016 $3,696 $239,700 $127,100 $112,600
2015 $3,605 $239,700 $127,100 $112,600
2014 $3,838 $238,800 $115,500 $123,300
2013 $3,752 $238,800 $115,500 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1325507

State-Wide MLS

APN: MIDD-000105-000000-000021