NOT LISTED FOR SALE

324 Forest Ave Middletown, RI 02842

Estimated Value: $614,409 - $709,000

3 Beds
1.5 Baths
1,443 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $347,500 $241 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,024/month

116 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Workshop
  • Cape Cod Architecture
  • Tennis Courts
  • Thermal Windows

About This Home

As of August 2017

This charming Cape built in 1940 has a lot to offer! Gleaming hardwood floors, detailed crown moulding, pane glass doors, lovely entryway, built in Curio, and wood burning brick fireplace add sophistication and coziness. Situated on the 20 mph bend of Forest Avenue directly across from the elementary school, the spacious lot with mature plantings is quite private and inviting. The exterior has low maintenance vinyl siding and replacement windows along with a detached two car garage & shed, and stone patio. The home also includes a new state of the art gas heating system. The laundry is located in the basement and there is also a designated workshop room. The interior is very bright and has a sweet ebb and flow between the rooms. The mudroom, kitchen, and pantry area have a ton of storage space. The second floor landing provides nice division between the three bedrooms, bathroom, and linen closet. There is a bit of eave storage too. This home is centrally located in Middletown as well as Aquidneck Island. It is close to main shopping centers, beaches, easy on/off island access, and Frosty Freeze! Perfect for a first time home buyer or a second home retreat!

Last Agent to Sell the Property

Karin Jackson

Lila Delman Compass Listed on: 03/13/2017

Lila Delman Compass

Last Buyer's Agent

Glenn Carpenter

RE/MAX Professionals License #RES.0015955

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,443 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 324ForestAVMDLT

Community Details

Overview

  • Forest Elementary School/Bayridge Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,952

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: CHAP
  • Co List Office Phone: 401-846-3800
  • Subdivision Name: Forest Elementary School/Bayridge
  • Above Grade Finished Sq Ft: 1443.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 1443.0
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 324ForestAVMDLT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3952.15
  • Tax Lot: 128
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Aug 7, 2017
Sold by
Wilkinson Richard D
Bought by
Horgan Shaun M and Mccaffrey Emily A
Seller's Agent
Karin Jackson
Lila Delman Compass
Buyer's Agent
Glenn Carpenter
RE/MAX Professionals
List Price
$359,000
Sold Price
$347,500
Premium/Discount to List
-$11,500
-3.2%
Current Estimated Value
$666,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,102
Avg. Annual Appreciation
8.16%
Original Mortgage
$260,625
Outstanding Balance
$216,069
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$450,533

Purchase Details

Closed on
Apr 26, 2006
Sold by
Brandariz Richard and Brandariz Keri
Bought by
Wilkinson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2002
Sold by
Beery Jachimowicz C S and Beery Jachimowicz
Bought by
Walsh Keri A
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
Horgan Shaun M $347,500 --
Wilkinson Richard $390,000 --
Walsh Keri A $249,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horgan Shaun M $260,625
Previous Owner Walsh Keri A $304,000
Previous Owner Walsh Keri A $18,400
Previous Owner Walsh Keri A $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $347,500 -3.2% $241 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $359,000 -- $249 / 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 $6,334 $537,200 $309,200 $228,000
2024 $6,049 $537,200 $309,200 $228,000
2023 $4,889 $388,300 $199,500 $188,800
2022 $4,667 $388,300 $199,500 $188,800
2021 $4,667 $388,300 $199,500 $188,800
2020 $4,198 $305,100 $147,500 $157,600
2018 $4,195 $305,100 $147,500 $157,600
2016 $3,952 $256,300 $123,600 $132,700
2015 $3,855 $256,300 $123,600 $132,700
2014 $3,897 $242,500 $112,400 $130,100
2013 $3,810 $242,500 $112,400 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1152892

State-Wide MLS

APN: MIDD-000113-000000-000128