NOT LISTED FOR SALE

470 Mitchells Ln Middletown, RI 02842

Estimated Value: $1,829,000 - $2,647,000

4 Beds
3.5 Baths
4,485 Sq Ft
$504/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $1,417,500 $316 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,466/month

27 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Stables
  • Guest House
  • Barn
  • Spa

About This Home

As of April 2021

Beautiful, private post and beam home located near Sweet Berry Farm and abutting the Sakonnet Greenway Trail. Set on nearly 2 acres, the main house offers 3+ bedrooms, 3 baths and over 3800 sq ft of living space. Enter from the wrap around covered farmers porch into an over sized, cathedral ceiling great room with brick fireplace and radiant pine wood flooring. With the open floor plan, the chefs kitchen features a large butcher block island, granite counters, stainless appliances, wet bar, and plenty of custom cabinet space. The first floor master bedroom also features a cathedral ceiling, over sized walk in closet, and large master bath with soaking tub, tiled shower and double vanity. First floor has another large bedroom or office, full bath, laundry room and mud room. Second floor features two bedrooms, full bath and loft over the great room. A detached, private two car garage includes a 650 sq ft, one bedroom apartment above. Other features of the property include a semi-finished lower level with walkout, mini-split air conditioning, shed out-building and circular driveway. Close to beaches and short drive to Newport.

Last Agent to Sell the Property

Mike Sweeney

Gustave White Sotheby's Realty License #RES.0040637 Listed on: 02/16/2021

Gustave White Sotheby's Realty

Co-Listed By

Dave Huberman

Gustave White Sotheby's Realty License #RES.0031635

Last Buyer's Agent

Eric Kirton

Lila Delman Compass License #REB.0018697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,722

Year Built

  • Built in 2007

Lot Details

  • 1.97 Acre Lot
  • Private Lot
  • Secluded Lot
  • Property is zoned R40

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,485 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Spa
  • Deck
  • Outbuilding
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 470MITCHELLSLANEMDLT

Community Details

Overview

  • Sweet Berry Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,722

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Horses: Yes
  • Lot Size Acres: 1.9691
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Sweet Berry
  • Above Grade Finished Sq Ft: 4485.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Wet Bar, Cedar Closet(s), Cathedral Ceiling(s), Cable TV
  • Living Area: 4485.0
  • Dining Room Type: Game Room, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Construction Type: Plaster, Clapboard, Other, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s), Guest House, Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Propane, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

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

  • Horse Amenities: Horses Allowed, Stable(s)
  • Land Lease: No
  • Lot Size Sq Ft: 85776.0
  • Parcel #: 470MITCHELLSLANEMDLT
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12722.0
  • Tax Lot: 155
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 15, 2021
Sold by
Jones Matthew A
Bought by
Dwyer Joseph M
Seller's Agent
Mike Sweeney
Gustave White Sotheby's Realty
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$1,450,000
Sold Price
$1,417,500
Premium/Discount to List
-$32,500
-2.24%
Current Estimated Value
$2,259,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,307
Avg. Annual Appreciation
10.55%
Original Mortgage
$817,500
Outstanding Balance
$736,502
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,523,305

Purchase Details

Listed on
Feb 6, 2015
Closed on
May 15, 2015
Sold by
Mccarthy Shawn P and Mccarthy Lisa J
Bought by
Jones Matthew A and Jones Kory L
Seller's Agent
Dina Karousos
Serhant Rhode Island
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$760,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 8, 2013
Closed on
Apr 8, 2014
Sold by
Dempsey Teresa M
Bought by
Mccarthy Shawn P and Mccarthy Lisa J
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Dina Karousos
PRUDENTIAL PRIME PROPERTIES/AV
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$450,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2007
Sold by
Bellaragazzi Inc
Bought by
Jaycox David H and Brook Spencer L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dwyer Joseph M $1,417,500 None Available
Jones Matthew A $950,000 --
Mccarthy Shawn P $830,000 --
Jaycox David H $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwyer Joseph M $817,500
Previous Owner Jaycox David H $760,000
Previous Owner Jaycox David H $47,900
Previous Owner Mccarthy Shawn P $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $1,417,500 -2.2% $316 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $1,450,000 +52.6% $323 / Sq Ft
05/15/2015 05/15/15 Sold $950,000 -9.5% $212 / Sq Ft View Prior Sale
04/15/2015 04/15/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $1,050,000 +26.5% $234 / Sq Ft
04/07/2014 04/07/14 Sold $830,000 -5.1% $217 / Sq Ft View Prior Sale
03/08/2014 03/08/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $875,000 -- $228 / 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 $19,369 $1,642,800 $387,100 $1,255,700
2024 $18,498 $1,642,800 $387,100 $1,255,700
2023 $14,183 $1,126,500 $270,400 $856,100
2022 $13,541 $1,126,500 $270,400 $856,100
2021 $13,541 $1,126,500 $270,400 $856,100
2020 $13,066 $949,600 $205,800 $743,800
2018 $13,057 $949,600 $205,800 $743,800
2016 $13,084 $848,500 $186,400 $662,100
2015 $12,761 $848,500 $186,400 $662,100
2014 $11,461 $713,200 $161,800 $551,400
2013 $11,204 $713,200 $161,800 $551,400
Source: Public Records

Agents Affiliated with this Home

  • Mike Sweeney

    Seller's Agent in 2021

    Mike Sweeney

    Gustave White Sotheby's Realty

    (401) 862-0164

    6 in this area

    35 Total Sales

    Mike Sweeney
    Section Image
  • Dave Huberman

    Seller Co-Listing Agent in 2021

    Dave Huberman

    Gustave White Sotheby's Realty

    (401) 316-6051

    10 in this area

    46 Total Sales

    Dave Huberman
    Section Image
  • Eric Kirton

    Buyer's Agent in 2021

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    31 in this area

    89 Total Sales

    Eric Kirton
    Section Image
  • Dina Karousos

    Seller's Agent in 2015

    Dina Karousos

    Serhant Rhode Island

    (401) 849-3000

    28 in this area

    210 Total Sales

    Dina Karousos
    Section Image

  • N

    Seller Co-Listing Agent in 2015

    Nicole Lucenti

    Serhant Rhode Island

    (401) 439-9581

    1 Total Sale

    Nicole Lucenti
    Section Image
  • Judith Chace

    Seller's Agent in 2014

    Judith Chace

    Mott & Chace Sotheby's Intl.

    (401) 207-9166

    11 Total Sales

    Judith Chace
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1274955

State-Wide MLS

APN: MIDD-000124-000000-000155

Rhode Island Newport County Middletown 02842

470 Mitchells Ln, Middletown, RI

Not Listed for Sale

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