Seller's Agent in 2024
Karen LeBlanc
Coldwell Banker Realty
(401) 533-4888
1 in this area
51 Total Sales
331 3rd Beach Rd Middletown, RI 02842
Sachuest NeighborhoodEstimated Value: $1,006,222 - $1,034,000
3
Beds
2
Baths
2,060
Sq Ft
$497/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Wood Burning Stove
- Beach Access
- Deck
- Wood Flooring
About This Home
As of December 2024Beach Bound Beauty! Welcome to 331 Third Beach Road, an Idyllic location: private country seaside living at its best near the Atlantic Ocean with remarkable beaches that neighbor the protected lands of Norman Bird Sanctuary. Bike rides or walks to Sachuest Point National Wildlife Refuge, Sweet Berry Farm, a charming farm market, and Caf . This exceptional location is artistically known as Paradise Valley, surrounded by undeveloped land. This sun-lit ranch-style home offers one-level living, three bedrooms, and two baths, with two unique separate wings for private living. It also has a finished basement, a wood stove-set partial bath, an attached garage, and a quaint front porch with a spacious back deck overlooking pristine considerable grounds with mature gardens, specimen flowering trees, and award-winning rose gardens. A true gardener haven! The property provides an excellent opportunity to live in a secluded and tranquil setting with sensational ocean breezes yet minutes from Newport. Built in the 50s with a solid construction, integrity, and good maintenance, with unique and charming upgrades. Freshly painted with the original Red Oak flooring, all beautifully refinished. The perfect beach house, second home, year-round living, or a possible investment with Airbnb summer weekly rentals allowed. Come view this island oasis, ideally located to enjoy a remarkable coastal saltlife lifestyle. Move in ready!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,214
Year Built
- Built in 1953
Lot Details
- 0.34 Acre Lot
- Property is zoned R-20
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Wood Siding
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 1-Story Property
- Furnished
- Wood Burning Stove
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Fireplace Features Masonry
- Thermal Windows
- Family Room
- Workshop
- Utility Room
- Attic
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
- Security System Owned
- Storm Doors
Outdoor Features
- Beach Access
- Walking Distance to Water
- Deck
- Screened Patio
- Outbuilding
- Breezeway
- Porch
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Heating System Uses Steam
- Power Generator
- Well
- Electric Water Heater
- Private Sewer
Community Details
- Marina
- Golf Course Community
- Recreation Facilities
Listing and Financial Details
- Tax Lot 846
- Assessor Parcel Number 331THIRDBEACHRDMDLT
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2024
Closed on
Dec 2, 2024
Sold by
Cofield Michael H and Cofield Steven C
Bought by
Kjolseth Thomas C and Kjolseth Martha C
Seller's Agent
Karen LeBlanc
Coldwell Banker Realty
Buyer's Agent
Leslie Hogan
Hogan Associates Christie's
List Price
$1,150,000
Sold Price
$1,010,000
Premium/Discount to List
-$140,000
-12.17%
Total Days on Market
83
Views
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,556
Avg. Annual Appreciation
3.47%
Original Mortgage
$757,500
Outstanding Balance
$754,706
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,850
Purchase Details
Closed on
Feb 21, 2024
Sold by
Cofield Survivos T and Cofield C
Bought by
Cofield Michael H and Cofield Steven C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kjolseth Thomas C | $1,010,000 | None Available | |
| Kjolseth Thomas C | $1,010,000 | None Available | |
| Kjolseth Thomas C | $1,010,000 | None Available | |
| Cofield Michael H | -- | None Available | |
| Cofield Michael H | -- | None Available | |
| Cofield Michael H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kjolseth Thomas C | $757,500 | |
| Closed | Kjolseth Thomas C | $757,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2024 12/02/24 | Sold | $1,010,000 | -8.2% | $490 / Sq Ft |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | Price Changed | $1,100,000 | -4.3% | $534 / Sq Ft |
| 08/15/2024 08/15/24 | For Sale | $1,150,000 | -- | $558 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,844 | $785,400 | $560,500 | $224,900 |
| 2023 | $5,876 | $466,700 | $279,000 | $187,700 |
| 2022 | $5,610 | $466,700 | $279,000 | $187,700 |
| 2021 | $5,610 | $466,700 | $279,000 | $187,700 |
| 2020 | $5,549 | $403,300 | $215,600 | $187,700 |
| 2018 | $5,545 | $403,300 | $215,600 | $187,700 |
| 2016 | $5,958 | $386,400 | $222,100 | $164,300 |
| 2015 | $5,811 | $386,400 | $222,100 | $164,300 |
| 2014 | $5,787 | $360,100 | $194,100 | $166,000 |
| 2013 | $5,657 | $360,100 | $194,100 | $166,000 |
Source: Public Records
Agents Affiliated with this Home
-
Karen LeBlanc
-
Leslie Hogan
Buyer's Agent in 2024
Leslie Hogan
Hogan Associates Christie's
(401) 845-9500
2 in this area
89 Total Sales
Map
Similar Homes in the area
Source: State-Wide MLS
MLS Number: 1366275
APN: MIDD-000126-000000-000054
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