NOT LISTED FOR SALE

3 Restmere Terrace Middletown, RI 02842

Estimated Value: $710,000 - $824,000

4 Beds
2 Baths
1,736 Sq Ft
$439/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $616,000 $355 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,665/month

6 Days on Market

Highlights

  • Deck
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • 2 Fireplaces
  • Thermal Windows

About This Home

As of July 2021

Side-by-side single level duplex in move-in condition and in excellent mid-Island location on a quiet dead-end road! Both sides have two bedrooms, wood burning fireplace, hardwood floors, large eat-in-kitchen, oil heat, mini-splits for a/c and 2nd heat source, separate heat and electric, common water meter. One unit has shower and stackable washer/dryer in unit, the other has tub/shower and hook-ups in basement. Beautifully landscaped lot provides separate driveways, cobblestone walkway, deck, shed and plenty of backyard privacy. Please do not walk around property until open houses - tenant in place. More photos coming ...

Last Agent to Sell the Property

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916 Listed on: 05/25/2021

RE/MAX Profnl. Newport, Inc.

Co-Listed By

David McCauley

RE/MAX Profnl. Newport, Inc. License #REB.0010905

Last Buyer's Agent

Ryan Shea

HomeSmart Professionals License #RES.0041770

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 1970

Lot Details

  • 8,712

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Accessibility Features
  • 8,712 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 3RESTMERETERMDLT

Community Details

Overview

  • 2 Units
  • Miantonomi/Boulevard Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,043

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: Miantonomi/Boulevard
  • Above Grade Finished Sq Ft: 1736.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1970
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Accessibility Features: Accessibility Features
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Ductless, Heat Pump, 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 3RESTMERETERMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6043.0
  • Tax Lot: 134
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 1, 2021
Sold by
Shea Peter D and Shea Gale A
Bought by
Shea Peter D and Shea Gale A
Seller's Agent
Dawn McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Ryan Shea
HomeSmart Professionals
List Price
$548,000
Sold Price
$616,000
Premium/Discount to List
$68,000
12.41%
Current Estimated Value
$762,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,845
Avg. Annual Appreciation
4.93%
Original Mortgage
$462,000
Outstanding Balance
$417,371
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$345,474

Purchase Details

Closed on
Jun 30, 2017
Sold by
Janice M Paquin T
Bought by
Sibert Joseph K

Purchase Details

Closed on
Nov 20, 2014
Sold by
Paquin Janice M
Bought by
Janice M Paquin T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shea Peter D -- None Available
Shea Peter D $616,000 None Available
Sibert Joseph K $410,000 --
Janice M Paquin T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Peter D $462,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $616,000 +12.4% $355 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $548,000 -- $316 / 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 $7,964 $675,500 $346,600 $328,900
2024 $7,606 $675,500 $346,600 $328,900
2023 $5,530 $439,200 $251,500 $187,700
2022 $5,279 $439,200 $251,500 $187,700
2021 $5,279 $439,200 $251,500 $187,700
2020 $5,082 $369,300 $194,400 $174,900
2018 $5,078 $369,300 $194,400 $174,900
2016 $4,908 $318,300 $153,400 $164,900
2015 $4,787 $318,300 $153,400 $164,900
2014 $4,487 $279,200 $139,400 $139,800
2013 $4,386 $279,200 $139,400 $139,800
Source: Public Records

Agents Affiliated with this Home

  • Dawn McCauley

    Seller's Agent in 2021

    Dawn McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 864-6348

    29 in this area

    74 Total Sales

    Dawn McCauley
    Section Image
  • David McCauley

    Seller Co-Listing Agent in 2021

    David McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 862-6206

    29 in this area

    68 Total Sales

    David McCauley
    Section Image
  • Ryan Shea

    Buyer's Agent in 2021

    Ryan Shea

    HomeSmart Professionals

    (401) 855-3778

    10 in this area

    81 Total Sales

    Ryan Shea
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1283736

State-Wide MLS

APN: MIDD-000108-S000000E-000134

Rhode Island Newport County Middletown 02842

3 Restmere Terrace, Middletown, RI

Not Listed for Sale

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