$415,000
SOLD DEC 22, 2021

49 Reservoir Rd Middletown, RI 02842

2 Beds
1 Bath
536 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$774 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Cottage
  • Forced Air Heating System
  • 1-Story Property
  • 1 Car Detached Garage
  • Carpet

About This Home

As of December 2021

Easton's Point Cottage with garage. Nice sized lot across from a baseball field and the Aquidneck school with great potential. Cottage has 2 bedrooms and 1 bath and needs some TLC. Being sold in 'as is' condition and subject to probate court approval.

Last Agent to Sell the Property

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 10/27/2021

Last Buyer's Agent

John Long

HomeSmart Professionals License #RES.0041079

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,646

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Block Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 536 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 32 / SE
  • Assessor Parcel Number 49RESERVOIRRDMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,646

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Above Grade Finished Sq Ft: 536.0
  • Architectural Style: Bungalow, Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 536.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Aluminum Siding
  • Foundation Details: Block, Concrete Perimeter
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 49RESERVOIRRDMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3646.0
  • Tax Block: SE
  • Tax Lot: 32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Acrobatico Invs Inc
Bought by
49 Reservoir Road Llc
Current Estimated Value
$690,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$442,225
Interest Rate
7.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$248,090

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 21, 2021
Sold by
Pine Paul J Est and Pine
Bought by
Acrobatico Invs Inc
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
John Long
HomeSmart Professionals
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Pine Andrew D
Bought by
Pine Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.07%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Executors Deed $415,000 None Available
Executors Deed $415,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Stand Alone Refi Refinance Of Original Loan
Closed $450,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $285,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Rented $2,200 0.0% --
02/20/2024 02/20/24 Under Contract -- -- --
02/12/2024 02/12/24 For Rent $2,200 0.0% --
12/22/2021 12/22/21 Sold $415,000 -3.3% $774 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $429,000 -- $800 / 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 $4,697 $417,100 $320,900 $96,200
2023 $3,819 $303,300 $234,000 $69,300
2022 $3,646 $303,300 $234,000 $69,300
2021 $3,646 $303,300 $234,000 $69,300
2020 $3,505 $254,700 $180,000 $74,700
2018 $3,502 $254,700 $180,000 $74,700
2016 $3,550 $230,200 $162,600 $67,600
2015 $3,462 $230,200 $162,600 $67,600
2014 $3,592 $223,500 $147,700 $75,800
2013 $3,511 $223,500 $147,700 $75,800
Source: Public Records

Agents Affiliated with this Home

  • John Long

    Seller's Agent in 2024

    John Long

    HomeSmart Professionals

    (774) 451-2163

    3 in this area

    55 Total Sales

    John Long
    Section Image

  • M

    Buyer's Agent in 2024

    Matthew Reynolds

    Edge Realty RI

    (401) 477-0056

    2 Total Sales

    Matthew Reynolds
    Section Image
  • Teri Degnan

    Seller's Agent in 2021

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    29 in this area

    138 Total Sales

    Teri Degnan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1296178

State-Wide MLS

APN: MIDD-000115-S000000E-000032

Rhode Island Newport County Middletown 02842

49 Reservoir Rd, Middletown, RI

This home is located at 49 Reservoir Rd, Middletown, RI 02842 and is currently priced at $415,000, approximately $774 per square foot. This property was built in 1950. 49 Reservoir Rd 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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