NOT LISTED FOR SALE

255 Purgatory Rd Middletown, RI 02842

Middletown Area

Estimated Value: $1,179,340

3 Beds
2 Baths
2,250 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2025

Last sale price $1,000,000 $444 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,430 / mo

70 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Tankless Water Heater

About This Home

As of January 2025

Discover a fantastic opportunity in the sought- after Easton's Point! Perfectly situated on a spacious corner lot between First and Second Beach, this estate sale offers unmatched potential to create your ideal coastal retreat. With scenic water views, an unbeatable location, and room to expand, this property is ready for transformation. This inviting home invites you to bring your vision and add value, creating the ultimate vacation escape, rental investment, or year-round residence. Make this coastal gem your own and embrace the quintessential beachside lifestyle. Sale is subject to final probate court approval.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 11/14/2024

RE/MAX Results

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 11/14/2024

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 1950

Lot Details

  • 14,810 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cabin
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 183 / NE
  • Assessor Parcel Number 255PURGATORYRDMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,856

Year Built

Built in 1950

Lot Details

0.34 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Inclusions: Taxes based on resident rate: $8.67. Non-resident rate is $11.27
  • Above Grade Finished Sq Ft: 1390.0
  • Architectural Style: Cabin, Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 860.0
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Living Area: 2250.0
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 255PURGATORYRDMDLT

Tax Info

  • Tax Annual Amount: 8856.0
  • Tax Block: NE
  • Tax Lot: 183
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 23, 2025
Sold by
Bought by
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$1,000,000
Sold Price
$1,000,000
Views
54
Current Estimated Value
$1,179,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,340
Avg. Annual Appreciation
11.46%
Original Mortgage
$950,000
Outstanding Balance
$934,404
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,936

Purchase Details

Closed on
Oct 3, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 None Available
$155,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $950,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $1,000,000 0.0% $444 / Sq Ft
11/14/2024 11/14/24 For Sale $1,000,000 -- $444 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,042 $1,021,400 $866,500 $154,900
2024 $11,501 $1,021,400 $866,500 $154,900
2023 $7,483 $594,400 $463,900 $130,500
2022 $7,145 $594,400 $463,900 $130,500
2021 $7,145 $594,400 $463,900 $130,500
2020 $6,437 $467,800 $337,300 $130,500
2018 $6,432 $467,800 $337,300 $130,500
2016 $5,449 $353,400 $235,200 $118,200
2015 $5,315 $353,400 $235,200 $118,200
2014 $5,395 $335,700 $213,700 $122,000
2013 $5,274 $335,700 $213,700 $122,000
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2025

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    1 in this area

    657 Total Sales

    Joe Fitzpatrick
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Map

Source: State-Wide MLS

MLS Number: 1372992

State-Wide MLS

APN: MIDD-000116-N000000E-000183

Rhode Island Newport County Middletown 02842

255 Purgatory Rd, Middletown, RI

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