NOT LISTED FOR SALE

478 Purgatory Rd Middletown, RI 02842

Estimated Value: $2,234,000 - $2,961,000

3 Beds
2 Baths
2,186 Sq Ft
$1,197/Sq Ft Est. Value

Highlights

  • Water Views
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • No HOA
  • 3-minute walk to Purgatory Chasm

About This Home

As of November 2017

This home is situated on private grounds overlooking Second Beach and Sachuest Point beyond. Hear the surf as you sit on the private deck. The open floor plan features vaulted ceilings, wood burning fireplace and floor to ceiling windows and sliding doors to the deck. Master bedroom with a fireplace and master bath. Two additional bedrooms with a shared bath. Good closet space and basement storage. House includes one car garage and has circular drive with ample parking. This is a rare opportunity to live so close to the beach!

Last Agent to Rent the Property

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 08/06/2017

Gustave White Sotheby's Realty

Last Renter's Agent

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 08/06/2017

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,617

Year Built

  • Built in 1970

Lot Details

  • 2.25

Parking

  • 1 Car Detached Garage
  • Unassigned Parking

Home Design

  • Bungalow
  • Entry on the 1st floor

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Property Available on 9/15/17
  • 12 Month Lease Term
  • Assessor Parcel Number 478PurgatoryRDMDLT

Community Details

Overview

  • No Home Owners Association
  • Purgatory/Second Beach Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,617

Year Built

Built in 1970

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2017-09-15

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Purgatory/Second Beach
  • Above Grade Finished Sq Ft: 2186.0
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2186.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Unassigned
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Parking, Snow Removal
  • Association: No
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 478PurgatoryRDMDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2016
Sold by
Oshaughnessy Nelson
Bought by
Oshaughnessy Elise
Current Estimated Value
$2,616,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$335,465
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,281,300
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
Oshaughnessy Elise $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oshaughnessy Elise $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2017 11/02/17 Rented $3,000 -14.3% --
10/03/2017 10/03/17 Under Contract -- -- --
08/06/2017 08/06/17 For Rent $3,500 -- --
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 $32,617 $2,766,500 $2,511,500 $255,000
2024 $31,151 $2,766,500 $2,511,500 $255,000
2023 $18,913 $1,502,200 $1,302,500 $199,700
2022 $18,056 $1,502,200 $1,302,500 $199,700
2021 $18,056 $1,502,200 $1,302,500 $199,700
2020 $22,558 $1,639,400 $1,434,200 $205,200
2018 $22,542 $1,639,400 $1,434,200 $205,200
2016 $21,173 $1,373,100 $1,192,700 $180,400
2015 $20,651 $1,373,100 $1,192,700 $180,400
2014 $17,143 $1,066,800 $890,200 $176,600
2013 $16,759 $1,066,800 $890,200 $176,600
Source: Public Records

Agents Affiliated with this Home

  • Tina Wiley

    Landlord's Agent in 2017

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    11 in this area

    51 Total Sales

    Tina Wiley
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Map

Source: State-Wide MLS

MLS Number: 1169989

State-Wide MLS

APN: MIDD-000121-000000-000047

Rhode Island Newport County Middletown 02842

478 Purgatory Rd, Middletown, RI

Not Listed for Sale

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