NOT LISTED FOR SALE

392 Forest Ave Middletown, RI 02842

Estimated Value: $661,000 - $877,000

3 Beds
2.5 Baths
1,544 Sq Ft
$513/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $695,000 $450 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,753/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Heating System Uses Gas
  • Wood Flooring

About This Home

As of May 2023

NON-MLS listing entered for comp purposes only.

Last Agent to Sell the Property

Ryan Shea

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0041770 Listed on: 04/01/2023

HomeSmart Professionals

Last Buyer's Agent

Ryan Shea

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0041770 Listed on: 04/01/2023

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 2012

Lot Details

  • 0.26 Acre Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,544 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 392FORESTAVMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Above Grade Finished Sq Ft: 1544.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-921-5011
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1544.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 392FORESTAVMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4888.0
  • Tax Lot: 141
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 2, 2023
Sold by
Rampini Theodore and Rampini Juliana
Bought by
Sheehan Mark and Freed Chandler
Seller's Agent
Ryan Shea
HomeSmart Professionals
Buyer's Agent
Ryan Shea
HomeSmart Professionals
List Price
$695,000
Sold Price
$695,000
Views
4
Current Estimated Value
$792,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,176
Avg. Annual Appreciation
4.87%
Original Mortgage
$625,500
Outstanding Balance
$602,553
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,623

Purchase Details

Listed on
Aug 10, 2022
Closed on
Dec 8, 2022
Sold by
Fink William A Est and Reynolds
Bought by
Rampini Theodore and Rampini Juliana
Seller's Agent
Grace Cimo
Gustave White Sotheby's Realty
Buyer's Agent
Lindsay Ferranti
RI Real Estate Services
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.62%
Original Mortgage
$488,750
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sheehan Mark $695,000 None Available
Rampini Theodore $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Mark $625,500
Previous Owner Rampini Theodore $488,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $695,000 0.0% $450 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $695,000 +20.9% $450 / Sq Ft
12/08/2022 12/08/22 Sold $575,000 0.0% $372 / Sq Ft View Prior Sale
10/11/2022 10/11/22 Price Changed $574,900 -2.4% $372 / Sq Ft
09/27/2022 09/27/22 Price Changed $589,000 -1.7% $381 / Sq Ft
08/10/2022 08/10/22 For Sale $599,000 +106.6% $388 / Sq Ft
10/23/2012 10/23/12 Sold $290,000 0.0% $188 / Sq Ft View Prior Sale
09/23/2012 09/23/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $289,900 +286.5% $188 / Sq Ft
06/22/2012 06/22/12 Sold $75,000 -37.5% $49 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
12/18/2010 12/18/10 For Sale $120,000 -- $78 / 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 $7,676 $651,100 $309,200 $341,900
2024 $7,331 $651,100 $309,200 $341,900
2023 $5,120 $406,700 $199,500 $207,200
2022 $4,889 $406,700 $199,500 $207,200
2021 $4,889 $406,700 $199,500 $207,200
2020 $4,559 $331,300 $147,500 $183,800
2018 $4,555 $331,300 $147,500 $183,800
2016 $4,698 $304,700 $123,600 $181,100
2015 $4,583 $304,700 $123,600 $181,100
2014 $4,776 $297,200 $112,400 $184,800
2013 $4,669 $297,200 $112,400 $184,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Shea

    Seller's Agent in 2023

    Ryan Shea

    HomeSmart Professionals

    (401) 855-3778

    10 in this area

    79 Total Sales

    Ryan Shea
    Section Image
  • Grace Cimo

    Seller's Agent in 2022

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    11 in this area

    88 Total Sales

    Grace Cimo
    Section Image

  • L

    Buyer's Agent in 2022

    Lindsay Ferranti

    RI Real Estate Services

    (401) 323-6230

    2 in this area

    10 Total Sales

    Lindsay Ferranti
    Section Image

  • G

    Seller's Agent in 2012

    Gregory Coe

    Trademark Properties

  • H

    Seller's Agent in 2012

    Heather Miller

    Mott & Chace Sotheby's Intl.

    Section Image

  • S

    Buyer's Agent in 2012

    Shirley Mello

    RE/MAX Profnl. Newport, Inc.

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1334766

State-Wide MLS

APN: MIDD-000113-000000-000141

Rhode Island Newport County Middletown 02842

392 Forest Ave, Middletown, RI

Not Listed for Sale

Detached

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