NOT LISTED FOR SALE

342 Boulevard Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $1,159,000 - $1,713,244

6 Beds
2.5 Baths
8,111 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $1,175,000 $145 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,627/month

151 Days on Market

Highlights

  • 0.83 Acre Lot
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • 4 Fireplaces
  • Bathtub with Shower

About This Home

As of April 2024

Historic Ralph Randolph Barker House in the desirable Boulevard neighborhood. Currently used as a two family home and can easily be brought back to it's former glory. Many original details, with 4 beautiful fireplaces, 3 of which have been converted to efficient and lovely gas logs. Quartersawn oak floors, original paneling, hand painted tile on fireplace surrounds, original fixtures, and a deep relaxing wrap-around porch. Seperate gas and electric for the second floor apartment and plenty of parking. The grand staircase leading to the second floor boasts original turned spindles and ballusters which leads to potential guest rooms should your desire be to operate a Bed and Breakfast! Massive open basement with ground level walkout. The almost full acre lot has an existing pad and foundation for a future garage. The location is central to just about everything. 5 minute drive to nearby beaches and 10 minutes to downtown Newport.

Last Agent to Sell the Property

Patrick McGrath

First Resort, LLC License #REC.0018932 Listed on: 10/08/2023

Last Buyer's Agent

Kristin Parella

Lila Delman Compass License #REB.0019735

Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1835

Lot Details

  • 0.83

Home Design

  • Combination Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 8,111 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 0.83 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 154 / NE
  • Assessor Parcel Number 342BOULEVARDMDLT

Community Details

Overview

  • 2 Units
  • Boulevard Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,024

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.83
  • Subdivision Name: Boulevard
  • Above Grade Finished Sq Ft: 8111.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1835
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Insert, Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Block, Combination, Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 36155.0
  • Parcel #: 342BOULEVARDMDLT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3024.0
  • Tax Block: NE
  • Tax Lot: 154
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Apr 17, 2024
Sold by
Suzanne C Gibson Irt and Gibson
Bought by
Macdonald Georgia
Seller's Agent
Patrick McGrath
First Resort, LLC
Buyer's Agent
Kristin Parella
Lila Delman Compass
List Price
$1,550,000
Sold Price
$1,175,000
Premium/Discount to List
-$375,000
-24.19%
Total Days on Market
151
Views
164
Current Estimated Value
$1,372,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,811
Avg. Annual Appreciation
6.68%
Original Mortgage
$825,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2021
Sold by
Gibson Suzanne C
Bought by
Suzanne C Gibson Irt and Gibson

Purchase Details

Closed on
Mar 21, 2019
Sold by
Gibson Peter D Est and Gibson
Bought by
Gibson Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 2, 2006
Sold by
Gibson Harold and Gibson Shaun
Bought by
Gibson Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.52%
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
Macdonald Georgia $1,175,000 None Available
Macdonald Georgia $1,175,000 None Available
Suzanne C Gibson Irt -- None Available
Suzanne C Gibson Irt -- None Available
Gibson Suzanne C -- --
Gibson Suzanne C -- --
Gibson Peter $472,500 --
Gibson Peter $472,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Georgina $3,400,000
Closed Macdonald Georgia $825,000
Previous Owner Gibson Suzanne C $294,000
Previous Owner Gibson Peter $337,810
Previous Owner Gibson Peter $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $1,175,000 -13.0% $145 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/17/2024 02/17/24 Price Changed $1,350,000 -12.9% $166 / Sq Ft
10/08/2023 10/08/23 For Sale $1,550,000 -- $191 / 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 $13,763 $1,222,300 $369,100 $853,200
2023 $7,296 $579,500 $251,600 $327,900
2022 $6,966 $579,500 $251,600 $327,900
2021 $6,966 $579,500 $251,600 $327,900
2020 $6,868 $499,100 $189,600 $309,500
2018 $6,863 $499,100 $189,600 $309,500
2016 $7,104 $460,700 $171,000 $289,700
2015 $6,929 $460,700 $171,000 $289,700
2014 $6,507 $404,900 $147,200 $257,700
2013 $6,361 $404,900 $147,200 $257,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patrick McGrath

    First Resort, LLC

    (401) 640-1766

    2 in this area

    5 Total Sales

    Patrick McGrath
    Section Image
  • Kristin Parella

    Buyer's Agent in 2024

    Kristin Parella

    Lila Delman Compass

    (401) 450-9026

    1 in this area

    22 Total Sales

    Kristin Parella
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1345566

State-Wide MLS

APN: MIDD-000109-N000000E-000154

Rhode Island Newport County Middletown 02842 Newport East

342 Boulevard, Middletown, RI

This home is located at 342 Boulevard, Middletown, RI 02842 since 08 October 2023 and is currently estimated at $1,372,811, approximately $169 per square foot. This property was built in 1835. 342 Boulevard is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and All Saints STEAM Academy.

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