$1,100,000
SOLD OCT 2, 2024
4 Beds
2 Baths
2,390 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$460 Per Sq Ft

15% Below List Price

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

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
  • Heating System Uses Steam
  • 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
Total Days on Market
116
Current Estimated Value
$1,118,765

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
2.60%
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
6.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

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

Similar Homes in the area

  • 349 Boulevard, Middletown, RI 02842

    $775,000

    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft
    • 349 Boulevard
    • Middletown, RI

    Excellent owner-occupied income property or investment opportunity in coveted Middletown! This versatile multi-unit offers flexibility and potential, with one unit recently remodeled to include a stylish new kitchen, updated bath, and a private deck perfect for relaxing. Enjoy a spacious backyard with room to garden or entertain, dedicated off-street parking, and bright, cozy interiors filled

    Connor Dowd Keller Williams Coastal

    Section Image
  • 33 Almy St, Newport, RI 02840

    $900,000

    • 5 Beds
    • 3 Baths
    • 2,009 Sq Ft
    • 33 Almy St
    • Newport, RI

    Discover an exceptional investment opportunity in the heart of Newport, Rhode Island! This versatile two-unit multi-family property offers a blend of historic charm and modern convenience. Each spacious unit features well-appointed living areas, ensuring comfort and style. A detached finished converted garage provides additional space, perfect for a home office, art studio, dance studio or

    Bethany Cox HomeSmart Professionals

    Section Image
  • 12 Callender Ave, Newport, RI 02840

    $875,000

    • 4 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • 12 Callender Ave
    • Newport, RI

    This quintessential Newport colonial, circa 1853, is a highly limited and sought after multi-family home located just steps from Newport's most desirable restaurants, art galleries, and shops in the Off-Broadway neighborhood. This multi-family home is comprised of 2 living units - a PERFECT setup. Fabulous rental history. The home also could be easily converted back to a single-family home.

    Debra Jobin RE/MAX River's Edge - Bristol

    Section Image
  • 576 E Main Rd, Middletown, RI 02842

    $1,250,000

    • 4 Beds
    • 2 Baths
    • 2,079 Sq Ft
    • 576 E Main Rd
    • Middletown, RI

    Two homes being sold together! Both homes were built in 1940 with quality construction and an appreciation for detailed craftsmanship as evidenced with the flooring and trim work. The back house located at 578 East Main Road has been the family home for decades. Comprised of two bedrooms, first floor laundry, and dedicated dining and living rooms, the sweetness of this home is idyllic. The front

    Karin Jackson Compass / Lila Delman Compass

    Section Image
  • 132 Maple Ave, Middletown, RI 02842

    $949,000

    • 6 Beds
    • 2 Baths
    • 2,848 Sq Ft
    • 132 Maple Ave
    • Middletown, RI

    Unlock a steady stream of income with this turnkey two-family home located at 132 Maple Avenue in the desirable community of Middletown, Rhode Island. This fully rented property presents an exceptional opportunity for investors seeking a strong return on investment in a thriving rental market. Both units feature updated kitchens and stainless steel appliances, updated bathrooms with beautifully

    Arthur Chapman William Raveis Inspire

    Section Image

Range of Values:

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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $1,100,000 None Available
Warranty Deed $1,100,000 None Available
Warranty Deed $1,100,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $850,000 Purchase Money Mortgage
Previous Owner $630,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $225,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1361085

State-Wide MLS

APN: MIDD-000116-N000000E-000048