NOT LISTED FOR SALE

40 View Ave Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $1,847,000 - $2,167,766

4 Beds
3.5 Baths
4,560 Sq Ft
$444/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $1,375,000 $302 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $12,428/month

690 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Bathtub with Shower
  • 1 Acre Lot
  • 4 Fireplaces
  • Heating System Uses Oil

About This Home

As of June 2021

Located at the end of a peaceful lane "The Barn" is one of the more private and extraordinary homes on the island. Originally located on a farm in Bluffton, Indiana the 4500 sq ft structure was transported to the beach town of Middletown, RI in 2003. The post and beam home features the original 140 year old hard wood beams that create a living environment unlike any other. With soaring ceilings and 58 windows the house is both bright and airy, while craftmanship and and attention to detail are evident throughout.. The main living area features a 30 ft fireplace with an open floorpan over radiant heated cherry wood floors and is connected to the kitchen and dining areas. Climbing up a level the master bedroom and bath offer distant water views and were designed to live as a separate oasis, while the first level has 2 bedrooms, a full bath, another living room with fireplace. In all, the home offers 4 bedrooms 3 1/2 baths, 4 fireplaces, 2 living rooms with updated utilities and is sited on an acre of mature landscaping within a 5 minute drive to the beach or downtown Newport

Last Agent to Sell the Property

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 06/18/2019

Last Buyer's Agent

Nancy Sevich

Hogan Associates Christie's License #RES.0044274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,161

Year Built

  • Built in 2003

Lot Details

  • 1 Acre Lot

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,560 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • 200+ Amp Service
  • Well
  • Oil Water Heater

Community Details

  • Beaches/ Green End Subdivision

Listing and Financial Details

  • Tax Lot 811
  • Assessor Parcel Number 40VIEWAVMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,161

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.9975
  • Subdivision Name: Beaches/ Green End
  • Above Grade Finished Sq Ft: 4560.0
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 4560.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43450.0
  • Parcel #: 40VIEWAVMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10161.0
  • Tax Lot: 811
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jun 8, 2021
Sold by
Kaye Jonathan and Kaye Lynn
Bought by
Sevich Jeffrey and Sevich Nancy
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Nancy Sevich
Hogan Associates Christie's
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$2,023,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,442
Avg. Annual Appreciation
7.11%
Original Mortgage
$500,000
Outstanding Balance
$459,920
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,370,896

Purchase Details

Listed on
Jun 18, 2019
Closed on
May 13, 2021
Sold by
Kaye Lynn
Bought by
Kaye Jonathan and Kaye Lynn
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Nancy Sevich
Hogan Associates Christie's
List Price
$1,375,000
Sold Price
$1,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$459,920
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,370,896

Purchase Details

Listed on
Aug 14, 2019
Closed on
Sep 3, 2019
Sold by
Kaye Jonathan
Bought by
Kaye Lynn
Seller's Agent
Dakota Cowell
William Raveis Inspire
Buyer's Agent
Dakota Cowell
William Raveis Inspire
Sold Price
$1,200

Purchase Details

Closed on
Mar 10, 2014
Sold by
Kaye Jonathan and Kaye Lynn
Bought by
Kaye Jonathan
Source: Public Records

Range of Values:

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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
Sevich Jeffrey $1,375,000 None Available
Kaye Jonathan -- None Available
Kaye Lynn -- --
Kaye Jonathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sevich Jeffrey $500,000
Previous Owner Kaye Jonathan $360,000
Previous Owner Kaye Jonathan $359,650
Previous Owner Kaye Jonathan $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $1,375,000 +5188.5% $302 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
12/11/2020 12/11/20 Rented $26,000 +225.0% --
11/11/2020 11/11/20 Under Contract -- -- --
11/03/2020 11/03/20 For Rent $8,000 -20.0% --
03/28/2020 03/28/20 For Rent $10,000 -75.0% --
03/28/2020 03/28/20 Rented $40,000 +3233.3% --
08/14/2019 08/14/19 For Rent $1,200 0.0% --
08/14/2019 08/14/19 Rented $1,200 0.0% --
06/18/2019 06/18/19 For Sale $1,375,000 -- $302 / 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 $16,200 $1,438,700 $378,700 $1,060,000
2023 $12,327 $979,100 $260,200 $718,900
2022 $10,611 $882,800 $260,200 $622,600
2021 $10,611 $882,800 $260,200 $622,600
2020 $10,169 $739,000 $196,800 $542,200
2018 $10,161 $739,000 $196,800 $542,200
2016 $9,092 $589,600 $149,300 $440,300
2015 $8,868 $589,600 $149,300 $440,300
2014 $9,211 $573,200 $136,700 $436,500
2013 $9,005 $573,200 $136,700 $436,500
Source: Public Records

Agents Affiliated with this Home

  • Eric Kirton

    Seller's Agent in 2021

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    16 in this area

    96 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Nancy Sevich

    Hogan Associates Christie's

    Section Image
  • Courtney Van Beuren

    Seller's Agent in 2020

    Courtney Van Beuren

    Lila Delman Compass

    (401) 297-1334

    18 Total Sales

    Section Image

  • D

    Seller's Agent in 2019

    Dakota Cowell

    William Raveis Inspire

    (774) 226-6427

    1 in this area

    9 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1226393

State-Wide MLS

APN: MIDD-000114-000000-000811

Rhode Island Newport County Middletown 02842 Newport East

40 View Ave, Middletown, RI

This home is located at 40 View Ave, Middletown, RI 02842 since 18 June 2019 and is currently estimated at $2,023,442, approximately $443 per square foot. This property was built in 2003. 40 View Ave 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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