NOT LISTED FOR SALE

31 Briarwood Ave Unit 35 Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $2,064,000 - $2,222,691

9 Beds
4.5 Baths
4,854 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $1,992,000 $410 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,406/month

160 Days on Market

Highlights

  • Water Views
  • Deck
  • Furnished
  • Beach Access
  • Wood Flooring
  • 3-minute walk to Dunlap Wheeler Park

About This Home

As of May 2024

Price Reduced! This unique turn-key duplex in Middletown is just minutes from Easton's Beach. It is a well-maintained, spacious, bright, and updated property that can be used as an investment opportunity or a family compound. Unit 1 has 5 bedrooms and 2.5 baths, while Unit 2 has 4 bedrooms, including one with a walk-through double room, and 2 full baths. Unit 2 has a deck off the Master bedroom on the second floor with views of the beach. Both units feature laundry areas on the main floor and on-site parking for at least nine vehicles. With plenty of outdoor yard space available, there is great potential for additional decks, landscaping, and gardens. This property is worth a look!

Last Agent to Sell the Property

Sayles Livingston

Compass License #RES.0045325 Listed on: 12/06/2023

Compass

Last Buyer's Agent

Karen LeBlanc

Coldwell Banker Realty License #RES.0033480

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,718

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4,854 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Thermal Windows
  • Water Views
  • Storm Doors

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 9 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 26 / NW
  • Assessor Parcel Number 3135BRIARWOODAVMDLT

Community Details

Overview

  • 2 Units
  • Easton's Beach Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,718

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3329
  • Subdivision Name: Easton's Beach
  • Above Grade Finished Sq Ft: 4854.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Furnished
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Clapboard, Vinyl Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14500.0
  • Parcel #: 3135BRIARWOODAVMDLT
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 48000.0

Tax Info

  • Tax Annual Amount: 11718.0
  • Tax Block: NW
  • Tax Lot: 26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
May 23, 2024
Sold by
Hydrangea House Of Newpor
Bought by
Cufone Eugenio P and Cufone Marilyn M
Seller's Agent
Sayles Livingston
Compass
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$1,992,000
Premium/Discount to List
-$258,000
-11.47%
Views
107
Current Estimated Value
$2,152,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,173
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,494,000
Outstanding Balance
$1,478,469
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$585,733

Purchase Details

Listed on
Sep 25, 2017
Closed on
Jun 22, 2018
Sold by
Est Mckenna Robert and Mckenna John
Bought by
Hydrangea House Of New
Seller's Agent
Dina Karousos
Gustave White Sotheby's Realty
Buyer's Agent
Patrick McGrath
First Resort, LLC
List Price
$1,100,000
Sold Price
$1,021,000
Premium/Discount to List
-$79,000
-7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$1,140,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Cufone Eugenio P $1,992,000 None Available
Cufone Eugenio P $1,992,000 None Available
Hydrangea House Of New $1,021,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cufone Eugenio P $1,494,000
Closed Cufone Eugenio P $1,494,000
Previous Owner Hydrangea House Of New $1,140,000
Previous Owner Hydrangea House Of New $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $1,992,000 -9.2% $410 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $2,195,000 +10.0% $452 / Sq Ft
03/22/2024 03/22/24 Price Changed $1,995,000 -11.3% $411 / Sq Ft
12/06/2023 12/06/23 For Sale $2,250,000 0.0% $464 / Sq Ft
12/27/2022 12/27/22 Rented $4,000 0.0% --
11/27/2022 11/27/22 Under Contract -- -- --
10/28/2022 10/28/22 For Rent $4,000 +3.9% --
01/27/2022 01/27/22 For Rent $3,850 -3.8% --
01/27/2022 01/27/22 Rented $4,000 0.0% --
06/21/2018 06/21/18 Sold $1,021,000 -7.2% $210 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
09/25/2017 09/25/17 For Sale $1,100,000 -- $227 / 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 $19,476 $1,729,700 $821,500 $908,200
2023 $11,428 $907,700 $439,800 $467,900
2022 $10,911 $907,700 $439,800 $467,900
2021 $10,317 $858,300 $439,800 $418,500
2020 $9,453 $687,000 $294,200 $392,800
2018 $9,446 $687,000 $294,200 $392,800
2016 $9,932 $644,100 $214,400 $429,700
2015 $9,687 $644,100 $214,400 $429,700
2014 $9,459 $588,600 $186,400 $402,200
2013 $9,247 $588,600 $186,400 $402,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sayles Livingston

    Compass

    (401) 266-5477

    3 in this area

    9 Total Sales

    Section Image
  • Karen LeBlanc

    Buyer's Agent in 2024

    Karen LeBlanc

    Coldwell Banker Realty

    (401) 533-4888

    6 in this area

    51 Total Sales

    Section Image

  • J

    Seller's Agent in 2022

    Jane Bresko

    First Resort, LLC

    Section Image
  • Louise Cardoni

    Buyer's Agent in 2022

    Louise Cardoni

    Century 21 Topsail Realty

    (401) 835-5987

    4 in this area

    31 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Alexander Morse

    Greenwich Bay Brokers

    Section Image
  • Dina Karousos

    Seller's Agent in 2018

    Dina Karousos

    Gustave White Sotheby's Realty

    (401) 849-3000

    12 in this area

    216 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1349203

State-Wide MLS

APN: MIDD-000116-N000000W-000026

Rhode Island Newport County Middletown 02842 Newport East

31 Briarwood Ave Unit 35, Middletown, RI

This home is located at 31 Briarwood Ave Unit 35, Middletown, RI 02842 since 06 December 2023 and is currently estimated at $2,152,173, approximately $443 per square foot. This property was built in 1988. 31 Briarwood Ave Unit 35 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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