NOT LISTED FOR SALE

516 3rd Beach Rd Middletown, RI 02842

Sachuest Neighborhood

Estimated Value: $1,840,000 - $2,084,636

2 Beds
2 Baths
1,092 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $1,325,000 $1,213 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,938/month

Highlights

  • Golf Course Community
  • Wood Flooring
  • Tennis Courts
  • Barn
  • No HOA
  • Walking Distance to Water

About This Home

As of March 2023

Available March 15, 2023 - Prime Middletown location near the beaches and the Norman Bird Sanctuary! This sun-filled ranch oasis has recently been renovated to include brand new hardwood floors throughout, new kitchen/appliances, two updated bathrooms, mud room and new deck with a spectacular view. There is also a primary en suite. All one level with laundry upstairs, one car garage, gas fireplace, whole house generator, central air and a full basement with plenty of storage. Sorry, no pets allowed.

Last Agent to Rent the Property

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224 Listed on: 02/11/2023

Gustave White Sotheby's Realty

Last Renter's Agent

Marlene Harrington

Hogan Associates Christie's License #REB.0014824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,850

Year Built

  • Built in 1978

Lot Details

  • 3.86

Parking

  • 1 Car Attached Garage
  • Unassigned Parking

Home Design

  • Clapboard

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Walking Distance to Water
  • Property near a hospital
  • Barn

Listing and Financial Details

  • Property Available on 3/15/23
  • 12 Month Lease Term
  • Assessor Parcel Number 5163RDBEACHRDMDLT

Community Details

Overview

  • No Home Owners Association
  • Beaches/Norman Bird Sanctuary Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,850

Year Built

Built in 1978

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-03-15

Listing Details

  • Prop. Type: Residential Lease
  • Inclusions: Tenant should be made aware that there is a horse barn next door and that private lessons do occur there on a regular basis. Also, the barn will be under construction at some point within the next year. Landlord will take care of cutting the lawn and snow removal on the asphalt. Tenants are responsible for snow removal on their walkways and decks and planting bed maintenance.
  • Subdivision Name: Beaches/Norman Bird Sanctuary
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Ranch
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1092.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Gardener, Laundry Facilities, Parking, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 5163RDBEACHRDMDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 30, 2020
Sold by
Silvia Herbert M and Silvia Sabina M
Bought by
3Rd Bch Rd Pony Farm Llc
Seller's Agent
Dave Huberman
Gustave White Sotheby's Realty
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%
Current Estimated Value
$1,861,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,981
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Sep 26, 2005
Sold by
Smith David C and Smith Sandra N
Bought by
Silvia Herbert M and Silvia Sabina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
3Rd Bch Rd Pony Farm Llc $1,325,000 None Available
Silvia Herbert M $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David $359,650
Previous Owner Smith David $350,000
Previous Owner Smith David $75,000
Previous Owner Smith David $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Rented $3,200 0.0% --
02/15/2023 02/15/23 Under Contract -- -- --
02/11/2023 02/11/23 For Rent $3,200 0.0% --
11/19/2022 11/19/22 For Rent $3,200 +6.7% --
11/19/2022 11/19/22 Rented $3,000 0.0% --
12/31/2020 12/31/20 Sold $1,325,000 -11.7% $430 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,500,000 0.0% $487 / Sq Ft
07/03/2013 07/03/13 Rented $1,850 -7.5% --
06/03/2013 06/03/13 Under Contract -- -- --
03/09/2013 03/09/13 For Rent $2,000 -- --
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 $19,850 $1,529,300 $1,172,900 $356,400
2023 $20,002 $1,069,600 $786,300 $283,300
2022 $19,092 $1,069,600 $786,300 $283,300
2021 $0 $1,069,600 $786,300 $283,300
2020 $0 $539,000 $276,700 $262,300
2018 $0 $539,000 $276,700 $262,300
2016 $0 $505,300 $263,300 $242,000
2015 -- $505,300 $263,300 $242,000
2014 -- $468,300 $223,000 $245,300
2013 -- $468,300 $223,000 $245,300
Source: Public Records

Agents Affiliated with this Home

  • Jessica Chase

    Landlord's Agent in 2023

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    1 in this area

    86 Total Sales

    Section Image
  • Marlene Harrington

    Tenant's Agent in 2023

    Marlene Harrington

    Hogan Associates Christie's

    (401) 862-2498

    1 in this area

    41 Total Sales

    Section Image
  • Kate Rooney

    Buyer's Agent in 2022

    Kate Rooney

    Gustave White Sotheby's Realty

    (401) 636-7894

    63 Total Sales

    Section Image
  • Dave Huberman

    Seller's Agent in 2020

    Dave Huberman

    Gustave White Sotheby's Realty

    (401) 316-6051

    5 in this area

    51 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    M.T. and Thomas Team

    Real Choices Real Estate

    (401) 862-1282

    13 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Mary-Teresa Shadduck

    Real Choices Real Estate

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1329674

State-Wide MLS

APN: MIDD-000130-000000-000015

Rhode Island Newport County Middletown 02842 Sachuest

516 3rd Beach Rd, Middletown, RI

This home is located at 516 3rd Beach Rd, Middletown, RI 02842 since 11 February 2023 and is currently priced at $1,962,318. This property was built in 1978. 516 3rd Beach 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.

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.

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