$1,549,000
$46K PRICE DROP

41 Perry Ave Middletown, RI 02842

Newport East Neighborhood

Estimated payment $9,315/month

Total Views 13,212
7 Beds
3 Baths
3,940 Sq Ft
$393 Price per Sq Ft

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

Discover a rare gem with this legal two-family home, with an additional grandfathered in-law apartment. Spanning over 3,500 square feet of above grade living area, this property offers ample living space with seven bedrooms and three bathrooms. Ideal for a summer getaway or year-round living, it also presents great income potential.Enjoy the convenience of plenty of parking and the proximity to St. George's School and beautiful nearby beaches. Whether you're looking for a spacious family retreat or a lucrative investment, this home is the perfect blend of comfort and opportunity.

Last Listed By

Arthur Chapman

William Raveis Inspire License #REB.0015893 Listed on: 01/17/2025

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,926

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,940 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Thermal Windows
  • Home Office
  • Utility Room
  • Home Gym
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / SW
  • Assessor Parcel Number 41PERRYAVMDLT

Community Details

Overview

  • 3 Units
  • St George's School/Beaches Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,926

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: CHAP
  • Co List Office Phone: 401-846-3800
  • Subdivision Name: St George's School/Beaches
  • Above Grade Finished Sq Ft: 3940.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Dryer, Oil Water Heater, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Skylights, Tub Shower, Vaulted Ceiling(s), Cable TV
  • Dining Room Type: Bathroom, Bedroom, Gym, Office, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 41PERRYAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7926.0
  • Tax Block: SW
  • Tax Lot: 5
  • Tax Map Number: 121
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $10,923 $970,100 $471,300 $498,800
2023 $8,206 $651,800 $338,800 $313,000
2022 $7,835 $651,800 $338,800 $313,000
2021 $7,835 $651,800 $338,800 $313,000
2020 $6,475 $470,600 $173,800 $296,800
2018 $6,471 $470,600 $173,800 $296,800
2016 $7,130 $462,400 $156,400 $306,000
2015 $6,954 $462,400 $156,400 $306,000
2014 $6,454 $401,600 $142,100 $259,500
2013 $6,309 $401,600 $142,100 $259,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $1,549,000 0.0% $393 / Sq Ft
04/24/2025 04/24/25 Price Changed $1,549,000 -2.9% $353 / Sq Ft
01/17/2025 01/17/25 For Sale $1,595,000 0.0% $405 / Sq Ft
01/17/2025 01/17/25 For Sale $1,595,000 0.0% $363 / Sq Ft
03/05/2019 03/05/19 Rented $2,100 -4.5% --
02/03/2019 02/03/19 Under Contract -- -- --
12/10/2018 12/10/18 For Rent $2,200 -- --
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $131,164 FHA
Previous Owner $455,005 No Value Available
Previous Owner $385,600 No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1376400

State-Wide MLS

APN: MIDD-000121-S000000W-000005

Rhode Island Newport County Middletown 02842 Newport East

41 Perry Ave, Middletown, RI

This home is located at 41 Perry Ave, Middletown, RI 02842 and is currently priced at $1,549,000, approximately $393 per square foot. This property was built in 1954. 41 Perry Ave 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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Arthur Chapman
Listing Agent
Arthur Chapman
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William Raveis Inspire
(401) 313-4412