NOT LISTED FOR SALE

468 Purgatory Rd Middletown, RI 02842

Estimated Value: $4,296,000 - $5,574,000

6 Beds
4 Baths
3,490 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $3,150,000 $903 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $29,769/month

345 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • 2.64 Acre Lot
  • Marina
  • Water Access
  • 3-minute walk to Purgatory Chasm

About This Home

As of April 2014

Unobstructed Ocean Views across Surfers end of Second Beach and Panoramic views of Paradise Valley and Hanging Rock from classic 1930 colonial. 2.65 acre parcel includes extra lot with equally stunning views. Steps to beachfront.

Last Agent to Sell the Property

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 04/17/2013

Last Buyer's Agent

Donald Desrosiers

Gustave White Sotheby's Realty License #RES.0030921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,100

Year Built

  • Built in 1930

Lot Details

  • 2.64 Acre Lot
  • Beach Front
  • Property is zoned R40

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 468PURGATORYRDMDLT

Community Details

Overview

  • Second Beach/Paradise Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,100

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.6368
  • Subdivision Name: SECOND BEACH/PARADISE
  • Above Grade Finished Sq Ft: 3490.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Internal Expansion, Permanent Attic Stairs, Storage, Cable TV
  • Living Area: 3490.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Multiple lots
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 114861.0
  • Parcel #: 468PURGATORYRDMDLT
  • Zoning: R40

Tax Info

  • Tax Annual Amount: 20100.0
  • Tax Lot: 39
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2013
Closed on
Apr 25, 2014
Sold by
Rosen Jeanne and Buell William A
Bought by
468 Purgatory Road Llc
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Donald Desrosiers
Gustave White Sotheby's Realty
List Price
$3,950,000
Sold Price
$3,150,000
Premium/Discount to List
-$800,000
-20.25%
Current Estimated Value
$4,826,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,676,688
Avg. Annual Appreciation
3.74%

Purchase Details

Closed on
Jul 20, 2012
Sold by
Buell William A and Rosen Jeanne
Bought by
Buell John B and Buell William A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
468 Purgatory Road Llc $315,000 --
Buell John B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $3,150,000 -20.3% $903 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
04/17/2013 04/17/13 For Sale $3,950,000 -- $1,132 / 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 $53,463 $4,534,600 $3,523,400 $1,011,200
2024 $51,060 $4,534,600 $3,523,400 $1,011,200
2023 $33,249 $2,640,900 $1,875,400 $765,500
2022 $31,744 $2,640,900 $1,875,400 $765,500
2021 $31,744 $2,640,900 $1,875,400 $765,500
2020 $38,121 $2,770,400 $2,087,000 $683,400
2018 $38,093 $2,770,400 $2,087,000 $683,400
2016 $34,512 $2,238,100 $1,632,100 $606,000
2015 $31,441 $2,090,500 $1,632,100 $458,400
2014 $20,975 $1,305,200 $983,900 $321,300
2013 $20,505 $1,305,200 $983,900 $321,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    8 in this area

    53 Total Sales

    Michelle Kirby
    Section Image

  • D

    Buyer's Agent in 2014

    Donald Desrosiers

    Gustave White Sotheby's Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1038673

State-Wide MLS

APN: MIDD-000121-000000-000039

Rhode Island Newport County Middletown 02842

468 Purgatory Rd, Middletown, RI

Not Listed for Sale

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