NOT LISTED FOR SALE

29 Center Ave Middletown, RI 02842

Estimated Value: $1,118,000 - $1,252,000

4 Beds
2 Baths
2,390 Sq Ft
$485/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $1,100,000 $460 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,182/month

116 Days on Market

Highlights

  • Wood Flooring
  • Walking Distance to Water
  • Bathtub with Shower
  • Workshop
  • Ductless Heating Or Cooling System
  • Living Room

About This Home

As of October 2024

Rare opportunity to own a 2 family home in Eastons Point neighborhood. Enjoy great space in the main house, featuring open kitchen/dining area with granite counter tops and vaulted ceilings. Lower level has nice additional living space, workshop and utility area. House could use some updating/finishing but would be well worth the investment. Attached one bedroom apartment would be a great income opportunity. 2nd floor features approximately 1000 square feet of unfinished space that could be incorporated into either unit. Close to Eastons Beach and some great Middletown restaurants! Please review floor plans for specific square footage.

Last Agent to Sell the Property

Shelley Andrade

Century 21 Topsail Realty License #RES.0028774 Listed on: 06/07/2024

Century 21 Topsail Realty

Last Buyer's Agent

Tom Rao

Hogan Associates Christie's License #RES.0019975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,750

Year Built

  • Built in 1920

Lot Details

  • 4,792

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Workshop
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 48
  • Assessor Parcel Number 29CENTERAVMDLT

Community Details

Overview

  • 2 Units
  • Eastons Point Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,750

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Inclusions: Owner has only used apartment for friends and family, not as an income producing unit.
  • Subdivision Name: Eastons Point
  • Above Grade Finished Sq Ft: 2390.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Living Room, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 29CENTERAVMDLT
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 13750.0
  • Tax Lot: 48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Authiernewport Llc
Bought by
526 Thames St Llc
Current Estimated Value
$1,160,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$646,528
Interest Rate
6.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$513,728

Purchase Details

Listed on
Jun 7, 2024
Closed on
Oct 2, 2024
Sold by
Burns Bruce S and Burns Sandra
Bought by
Authiernewport Llc
Seller's Agent
Shelley Andrade
Century 21 Topsail Realty
Buyer's Agent
Tom Rao
Hogan Associates Christie's
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$850,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2023
Sold by
Burns Bruce S
Bought by
Burns Bruce S and Burns Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1984
Bought by
Burns Bruce S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
526 Thames St Llc -- None Available
526 Thames St Llc -- None Available
Authiernewport Llc $1,100,000 None Available
Authiernewport Llc $1,100,000 None Available
Authiernewport Llc $1,100,000 None Available
Burns Bruce S -- None Available
Burns Bruce S -- None Available
Burns Bruce S -- None Available
Burns Bruce S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 526 Thames St Llc $650,000
Closed 526 Thames St Llc $650,000
Previous Owner Authiernewport Llc $850,000
Previous Owner Burns Bruce S $630,000
Previous Owner Burns Bruce S $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $1,100,000 -15.4% $460 / Sq Ft
06/07/2024 06/07/24 For Sale $1,300,000 -- $544 / 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 $12,877 $1,092,200 $572,600 $519,600
2024 $12,298 $1,092,200 $572,600 $519,600
2023 $7,754 $615,900 $306,500 $309,400
2022 $7,403 $615,900 $306,500 $309,400
2021 $7,403 $615,900 $306,500 $309,400
2020 $6,488 $471,500 $205,000 $266,500
2018 $6,483 $471,500 $205,000 $266,500
2016 $5,997 $388,900 $147,000 $241,900
2015 $5,849 $388,900 $147,000 $241,900
2014 $5,438 $338,400 $133,500 $204,900
2013 $5,316 $338,400 $133,500 $204,900
Source: Public Records

Agents Affiliated with this Home

  • Shelley Andrade

    Seller's Agent in 2024

    Shelley Andrade

    Century 21 Topsail Realty

    (401) 935-0762

    6 in this area

    55 Total Sales

    Shelley Andrade
    Section Image
  • Tom Rao

    Buyer's Agent in 2024

    Tom Rao

    Hogan Associates Christie's

    (401) 474-9004

    3 in this area

    24 Total Sales

    Tom Rao
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1361085

State-Wide MLS

APN: MIDD-000116-N000000E-000048

Rhode Island Newport County Middletown 02842

29 Center Ave, Middletown, RI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes