NOT LISTED FOR SALE

38 Oceanview Dr Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $1,163,000 - $1,387,429

3 Beds
2.5 Baths
3,256 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $540,000 $166 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $8,013/month

54 Days on Market

Highlights

  • Water Views
  • Deck
  • Game Room
  • 0.5 Acre Lot
  • Contemporary Architecture
  • Tennis Courts

About This Home

As of April 2016

ENJOY THE BEAUTIFUL WATERVIEWS AND SUNSETS FROM THE SPACIOUS DECKS AND SUN-FILLED GREAT ROOM OF THIS CUSTOM CONTEMPORARY. SPARKLING HARDWOOD FLOORS, FIREPLACE, 900 SQ FT REC ROOM IN LOWER LEVEL. SPACIOUS DECK. THREE SEASON SUNROOM. ESTATE SALE.

Last Agent to Sell the Property

Cathy Furtado

RE/MAX Profnl. Newport, Inc. License #REB.0013533 Listed on: 01/20/2016

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,645

Year Built

  • Built in 1995

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R20A

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 663
  • Assessor Parcel Number 38OCEANVIEWDRMDLT

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Ocean View Estates Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,645

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: OCEAN VIEW ESTATES
  • Above Grade Finished Sq Ft: 1848.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1995
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1408.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3256.0
  • Dining Room Type: Game Room, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 38OCEANVIEWDRMDLT
  • Zoning: R20A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6645.0
  • Tax Lot: 663
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Sobin Teague D
Bought by
Sobin Teague D and Sobin Ashley
Total Days on Market
54
Current Estimated Value
$1,261,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,700
Outstanding Balance
$353,965
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$907,892

Purchase Details

Listed on
Jan 20, 2016
Closed on
Apr 14, 2016
Sold by
Newman Mary P Est
Bought by
Sobin Teague D
Seller's Agent
Cathy Furtado
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$405,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1994
Sold by
Sandonato Vincent
Bought by
Newman Mary P
Source: Public Records

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Range of Values:

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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
Sobin Teague D -- None Available
Sobin Teague D $540,000 --
Newman Mary P $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobin Teague D $396,700
Previous Owner Sobin Teague D $405,000
Previous Owner Sobin Teague D $27,000
Previous Owner Newman Mary P $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $540,000 -1.6% $166 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $549,000 -- $169 / 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 $11,142 $989,500 $571,800 $417,700
2023 $7,312 $580,800 $307,700 $273,100
2022 $70 $580,800 $307,700 $273,100
2021 $9,073 $580,800 $307,700 $273,100
2020 $6,950 $505,100 $235,400 $269,700
2018 $6,945 $505,100 $235,400 $269,700
2016 $6,813 $441,800 $203,400 $238,400
2015 $6,645 $441,800 $203,400 $238,400
2014 $6,748 $419,900 $185,000 $234,900
2013 $6,597 $419,900 $185,000 $234,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cathy Furtado

    RE/MAX Profnl. Newport, Inc.

    (401) 862-2603

    2 Total Sales

    Cathy Furtado
    Section Image
  • Teri Degnan

    Buyer's Agent in 2016

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    21 in this area

    143 Total Sales

    Teri Degnan
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1116230

State-Wide MLS

APN: MIDD-000115-000000-000663

Rhode Island Newport County Middletown 02842 Newport East

38 Oceanview Dr, Middletown, RI

This home is located at 38 Oceanview Dr, Middletown, RI 02842 since 20 January 2016 and is currently estimated at $1,261,857, approximately $387 per square foot. This property was built in 1995. 38 Oceanview Dr 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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