NOT LISTED FOR SALE

43 Phelps Rd Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $576,000 - $669,000

2 Beds
1.5 Baths
960 Sq Ft
$646/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $243,000 $253 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,869/month

48 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Property near a hospital
  • Tennis Courts
  • Public Transportation
  • Heating System Uses Steam

About This Home

As of July 2016

Move in condition Ranch in convenient 1 Mile Corner Location. Fresh paint through out, refinished hardwoods, new deck. brick fireplace, nice kitchen. Detached garage. Excellent and affordable opportunity for first time home buyer.

Last Agent to Sell the Property

Chuck Spencer

Hogan Associates Christie's License #RES.0025335 Listed on: 04/25/2016

Last Buyer's Agent

Stephen Lake

Century 21 Topsail Realty License #RES.0033143

Century 21 Topsail Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 1938

Lot Details

  • 5,663

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • 5,663 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 112 / sw
  • Assessor Parcel Number 43PHELPSRDMDLT

Community Details

Recreation

  • Tennis Courts

Additional Features

  • One Mile Corner Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,416

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: ONE MILE CORNER
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Living Area: 960.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 43PHELPSRDMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3416.0
  • Tax Block: sw
  • Tax Lot: 112
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jul 13, 2016
Sold by
Fnma
Bought by
Rego Jessica M
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Stephen Lake
Century 21 Topsail Realty
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%
Current Estimated Value
$620,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,021
Avg. Annual Appreciation
10.25%
Original Mortgage
$238,598
Outstanding Balance
$192,485
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$398,770
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rego Jessica M $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rego Jessica M $238,598
Previous Owner Smith Frank E $196,500
Previous Owner Smith Frank E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $243,000 -2.8% $253 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $249,900 -- $260 / 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 $5,895 $523,500 $382,100 $141,400
2023 $4,019 $319,200 $205,400 $113,800
2022 $3,837 $319,200 $205,400 $113,800
2021 $3,837 $319,200 $205,400 $113,800
2020 $3,729 $271,000 $157,200 $113,800
2018 $3,726 $271,000 $157,200 $113,800
2016 $3,502 $227,100 $133,800 $93,300
2015 $3,416 $227,100 $133,800 $93,300
2014 $3,547 $220,700 $121,500 $99,200
2013 $3,467 $220,700 $121,500 $99,200
Source: Public Records

Agents Affiliated with this Home

  • Chuck Spencer

    Seller's Agent in 2016

    Chuck Spencer

    Hogan Associates Christie's

    (401) 862-7324

    7 Total Sales

    Section Image
  • Stephen Lake

    Buyer's Agent in 2016

    Stephen Lake

    Century 21 Topsail Realty

    (401) 418-0913

    36 Total Sales

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1123996

State-Wide MLS

APN: MIDD-000108-S000000W-000112

Rhode Island Newport County Middletown 02842 Newport East

43 Phelps Rd, Middletown, RI

This home is located at 43 Phelps Rd, Middletown, RI 02842 since 25 April 2016 and is currently estimated at $620,021, approximately $645 per square foot. This property was built in 1938. 43 Phelps Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes