NOT LISTED FOR SALE

28 Esplanade Middletown, RI 02842

Estimated Value: $2,803,102 - $3,361,000

4 Beds
4 Baths
3,700 Sq Ft
$857/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $2,350,000 $635 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $19,108/month

72 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Water Access
  • 4-minute walk to Dunlap Wheeler Park

About This Home

As of August 2020

STEPS FROM FIRST BEACH, RARE OCEANFRONT OFFERING ON THE ESPLANADE W/ COMMANDING VIEWS OF BEACH, NEWPORT'S FAMOUS CLIFF WALK AND HISTORIC MANSIONS. COMPLETELY RENOVATED BILL BURGIN DESIGN. CRISP AND BRIGHT INTERIORS AND PRIVATE FENCED YARD. UPDATED SYSTEMS FOR CAREFREE ENJOYMENT.

Last Agent to Sell the Property

George Tollefson

Lila Delman Compass License #RES.0035334 Listed on: 05/06/2020

Co-Listed By

Julie Warburg

Lila Delman Compass License #RES.0042070

Last Buyer's Agent

Eric Kirton

Lila Delman Compass License #REB.0018697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,139

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Beach Front
  • Property is zoned R10

Home Design

  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 87 64 / NE
  • Assessor Parcel Number 28ESPLANADEBLVDMDLT

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Additional Features

  • Easton's Point Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,139

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 2950.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 750.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 3700.0
  • Dining Room Type: Bathroom, Bedroom, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 28ESPLANADEBLVDMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18139.0
  • Tax Block: NE
  • Tax Lot: 87 64
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 12, 2020
Sold by
Denson Denise and Denson Kevin
Bought by
Francini Gregory P
Seller's Agent
George Tollefson
Lila Delman Compass
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$2,400,000
Sold Price
$2,350,000
Premium/Discount to List
-$50,000
-2.08%
Current Estimated Value
$3,171,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,276
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,200,000
Outstanding Balance
$1,071,643
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,099,633

Purchase Details

Listed on
Jun 17, 2014
Closed on
Apr 2, 2015
Sold by
Fitzgerald William D
Bought by
Denson Denise and Denson Kevin
Seller's Agent
Karen Camp
Mott & Chace Sotheby's Intl.
Buyer's Agent
George Tollefson
Lila Delman Compass
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2014
Sold by
Fitzgerald William D and Fitzgerald Maureen F
Bought by
Fitzgerald Kevin P and Ascoytia Deborah
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
Francini Gregory P $2,350,000 None Available
Denson Denise $1,800,000 --
Fitzgerald Kevin P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francini Gregory $500,000
Open Francini Gregory P $1,200,000
Previous Owner Denson Denise $400,000
Previous Owner Fitzgerald William $200,000
Previous Owner Fitzgerald William $960,000
Previous Owner Fitzgerald William $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $2,350,000 -2.1% $635 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $2,400,000 0.0% $649 / Sq Ft
03/15/2020 03/15/20 Rented $10,000 0.0% --
02/14/2020 02/14/20 Under Contract -- -- --
01/10/2020 01/10/20 For Rent $10,000 +185.7% --
09/15/2018 09/15/18 Rented $3,500 0.0% --
08/16/2018 08/16/18 Under Contract -- -- --
07/15/2018 07/15/18 For Rent $3,500 0.0% --
04/02/2015 04/02/15 Sold $1,800,000 -5.0% $610 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
06/17/2014 06/17/14 For Sale $1,895,000 -- $642 / 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 $27,535 $2,445,400 $1,761,400 $684,000
2023 $20,041 $1,591,800 $1,088,000 $503,800
2022 $19,133 $1,591,800 $1,088,000 $503,800
2021 $19,133 $1,591,800 $1,088,000 $503,800
2020 $18,140 $1,318,300 $886,600 $431,700
2018 $18,127 $1,318,300 $886,600 $431,700
2016 $15,406 $999,100 $684,300 $314,800
2015 $15,026 $999,100 $684,300 $314,800
2014 $14,845 $923,800 $621,400 $302,400
2013 $14,513 $923,800 $621,400 $302,400
Source: Public Records

Agents Affiliated with this Home

  • George Tollefson

    Seller's Agent in 2020

    George Tollefson

    Lila Delman Compass

    (401) 339-1371

    5 in this area

    13 Total Sales

    George Tollefson
    Section Image
  • Alexandra Thursby

    Seller's Agent in 2020

    Alexandra Thursby

    Mott & Chace Sotheby's Intl.

    (401) 266-9900

    8 in this area

    54 Total Sales

    Alexandra Thursby
    Section Image
  • Julie Warburg

    Seller Co-Listing Agent in 2020

    Julie Warburg

    Lila Delman Compass

    (203) 856-3158

    2 in this area

    9 Total Sales

    Julie Warburg
    Section Image
  • Eric Kirton

    Buyer's Agent in 2020

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    33 in this area

    94 Total Sales

    Eric Kirton
    Section Image
  • Jeremy Booth

    Seller's Agent in 2018

    Jeremy Booth

    Ella Hudson Group

    (401) 480-8855

    4 in this area

    18 Total Sales

    Jeremy Booth
    Section Image

  • K

    Seller's Agent in 2015

    Karen Camp

    Mott & Chace Sotheby's Intl.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1253045

State-Wide MLS

APN: MIDD-000116-N000000E-000087

Rhode Island Newport County Middletown 02842

28 Esplanade, Middletown, RI

This home is located at 28 Esplanade, Middletown, RI 02842 since 06 May 2020 and is currently estimated at $3,171,276, approximately $857 per square foot. This property was built in 1935. 28 Esplanade 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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