NOT LISTED FOR SALE

262 Prospect Ave Middletown, RI 02842

Estimated Value: $1,267,052 - $1,359,000

4 Beds
2.5 Baths
3,556 Sq Ft
$369/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $487,000 $137 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,641/month

93 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Wood Flooring
  • 0.81 Acre Lot
  • Deck
  • 2 Fireplaces

About This Home

As of January 2015

Well Maintained SF with 4 Bedrooms,2.5 Bthrms, Walk in Closets, Master En Suite, Hardwoods, New Additional Grand Room, Large Deck. 2 mins to two beaches, Aquidneck and St Georges Schools, Just under an acre of land. Hidden and Quiet. A must see!!

Last Agent to Sell the Property

Denise Murray

Keller Williams Coastal License #RES.0031675 Listed on: 09/09/2014

Keller Williams Coastal

Last Buyer's Agent

Michele Mullowney

Hogan Associates Christie's License #RES.0028743

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,377

Year Built

  • Built in 1984

Lot Details

  • 0.81 Acre Lot
  • Property is zoned R40

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Marble Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • Well
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 262PROSPECTAVMDLT

Community Details

Overview

  • St. Georges / Paradise Avenue Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,377

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Subdivision Name: ST. GEORGES / PARADISE AVENUE
  • Above Grade Finished Sq Ft: 2708.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 848.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cedar Closet(s)
  • Living Area: 3556.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35284.0
  • Parcel #: 262PROSPECTAVMDLT
  • Zoning: R40

Tax Info

  • Tax Annual Amount: 7377.0
  • Tax Lot: 114
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Jan 12, 2015
Sold by
Rich Thomas C and Rich Corinne J
Bought by
Ryan Patrick C and Ryan Kathy A
Seller's Agent
Denise Murray
Keller Williams Coastal
Buyer's Agent
Michele Mullowney
Hogan Associates Christie's
List Price
$569,000
Sold Price
$487,000
Premium/Discount to List
-$82,000
-14.41%
Current Estimated Value
$1,312,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,513
Avg. Annual Appreciation
9.40%
Original Mortgage
$340,000
Outstanding Balance
$258,842
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$1,053,671
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

Date Buyer Sale Price Title Company
Ryan Patrick C $487,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Patrick C $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2015 01/12/15 Sold $487,000 -14.4% $137 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $569,000 -- $160 / 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
2025 $9,917 $841,100 $473,800 $367,300
2024 $9,471 $841,100 $473,800 $367,300
2023 $6,860 $544,900 $297,000 $247,900
2022 $6,550 $544,900 $297,000 $247,900
2021 $6,550 $544,900 $297,000 $247,900
2020 $7,064 $513,400 $288,900 $224,500
2018 $7,059 $513,400 $288,900 $224,500
2016 $7,301 $473,500 $246,500 $227,000
2015 $7,651 $508,700 $246,500 $262,200
2014 $7,546 $469,600 $216,100 $253,500
2013 $7,377 $469,600 $216,100 $253,500
Source: Public Records

Agents Affiliated with this Home

  • Denise Murray

    Seller's Agent in 2015

    Denise Murray

    Keller Williams Coastal

    (401) 855-4946

    1 Total Sale

    Denise Murray
    Section Image
  • Michele Mullowney

    Buyer's Agent in 2015

    Michele Mullowney

    Hogan Associates Christie's

    (401) 680-6588

    Michele Mullowney
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1078452

State-Wide MLS

APN: MIDD-000121-N000000W-000114

Rhode Island Newport County Middletown 02842

262 Prospect Ave, Middletown, RI

Not Listed for Sale

Detached

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