$2,700,000
SOLD JUN 9, 2023 RENTED FEB 7, 2025

517 Wolcott Ave Middletown, RI 02842

4 Beds
3.5 Baths
3,750 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$720 Per Sq Ft

8% Below List Price

136 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • Water Access
  • Contemporary Architecture

About This Home

As of June 2023

Stunning sunsets and waterviews await you! Sited on a southern corner lot in coveted Easton's Point, this custom residence, built in 2019, and designed by a local design-build firm, is sun-filled and provides a fresh, modern aesthetic taking in gorgeous south-western exposure looking out at the water's edge. Drive in through the circular drive to the front entrance of the home. Enter through the front open two story foyer to open living concept, ideal for entertaining, and glass doors allow entry to outdoor waterside deck. A gas fireplace adds the perfect touch for a sense of warmth and coziness on cool nights. A gorgeous eat-in kitchen, with oversized island, family and dining areas, a first floor bedroom suite, half bath, and laundry/pantry room complete the first level. Step upstairs to the master suite, appointed with beautiful bath and walk-in closet, and a balcony deck overlooking the water with spiral staircase to take you to the lower deck. Two additional guest bedrooms and full bath complete the living space to the home. The lower level offers a great recreation/additional family room or workout area, mudroom and has a walkout to private blue stone terrace and outdoor shower. Minutes to local beaches and downtown Newport, this Easton's Point location coupled with the flawless finishes to the home is a property not to be missed.

Last Agent to Sell the Property

Dina Karousos

Gustave White Sotheby's Realty Listed on: 01/09/2023

Gustave White Sotheby's Realty

Last Buyer's Agent

Kate Rooney

Gustave White Sotheby's Realty License #RES.0040083

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,600

Year Built

  • Built in 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 517WOLCOTTAVMDLT

Community Details

Overview

  • Waterview Easton's Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,600

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Waterview- Easton's Point
  • Above Grade Finished Sq Ft: 2847.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 903.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 3750.0
  • Dining Room Type: Family Room, Game Room, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 517WOLCOTTAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18600.0
  • Tax Lot: 71
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Aug 17, 2023
Sold by
Chadwick Peter C and Chadwick Kirsten A
Bought by
Kirsten A Chadwick Ret and Chadwick
Seller's Agent
Kate Rooney
Gustave White Sotheby's Realty
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
Sold Price
$35,000
Views
8
Current Estimated Value
$2,947,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,912,271

Purchase Details

Listed on
Jan 9, 2023
Closed on
Jun 2, 2023
Sold by
Smith Lawrence F and Smith Susan D
Bought by
Chadwick Peter C and Chadwick Kirsten A
Seller's Agent
Dina Karousos
Gustave White Sotheby's Realty
Buyer's Agent
Kate Rooney
Gustave White Sotheby's Realty
List Price
$2,950,000
Sold Price
$2,700,000
Premium/Discount to List
-$250,000
-8.47%
Views
197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$2,000,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 9, 2021
Sold by
Cari L Harkness Ret and Harkness
Bought by
Smith Lawrence F and Smith Susan D
Seller's Agent
Jessica Chase
Gustave White Sotheby's Realty
Buyer's Agent
Dina Karousos
Gustave White Sotheby's Realty
List Price
$2,150,000
Sold Price
$1,925,000
Premium/Discount to List
-$225,000
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%

Purchase Details

Listed on
May 24, 2019
Closed on
Sep 6, 2019
Sold by
Fleming Homes Llc
Bought by
Cari L Harkness Ret and Harkness
Seller's Agent
Jennifer Pierik
Jamestown Real Estate LLC
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Holden Tami E
Bought by
Fleming Homes Llc

Purchase Details

Closed on
Sep 25, 2017
Sold by
517 Wolcott Llc
Bought by
Holden Tami E

Purchase Details

Listed on
Feb 16, 2015
Closed on
May 28, 2015
Sold by
Raffa Anthony S and Raffa Paul T
Bought by
517 Wolcott Llc
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Lizbeth Kirwin
Keller Williams Rlty Newport
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.76%
Original Mortgage
$345,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $2,700,000 None Available
Deed $1,925,000 None Available
Deed $1,925,000 None Available
Warranty Deed $1,700,000 --
Warranty Deed $1,700,000 --
Quit Claim Deed -- --
Warranty Deed $550,000 --
Warranty Deed $460,000 --
Quit Claim Deed -- --
Warranty Deed $550,000 --
Warranty Deed $460,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $345,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Rented $6,850 +5.4% --
11/18/2024 11/18/24 For Rent $6,500 -89.2% --
11/17/2024 11/17/24 Rented $60,000 +71.4% --
09/04/2024 09/04/24 For Rent $35,000 +27.3% --
06/01/2024 06/01/24 Rented $27,500 +323.1% --
02/27/2024 02/27/24 Rented $6,500 0.0% --
02/01/2024 02/01/24 For Rent $6,500 -81.4% --
09/26/2023 09/26/23 For Rent $35,000 0.0% --
09/26/2023 09/26/23 Rented $35,000 0.0% --
08/31/2023 08/31/23 For Rent $35,000 0.0% --
06/09/2023 06/09/23 Sold $2,700,000 -5.8% $720 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $2,865,000 -2.9% $764 / Sq Ft
01/09/2023 01/09/23 For Sale $2,950,000 +53.2% $787 / Sq Ft
09/28/2021 09/28/21 Sold $1,925,000 -10.5% $579 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $2,150,000 +26.5% $647 / Sq Ft
09/06/2019 09/06/19 Sold $1,700,000 -8.1% $511 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $1,850,000 +302.2% $556 / Sq Ft
05/28/2015 05/28/15 Sold $460,000 -7.1% $491 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $495,000 -- $529 / 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 $28,150 $2,500,000 $1,193,000 $1,307,000
2023 $19,355 $1,537,300 $702,100 $835,200
2022 $18,478 $1,537,300 $702,100 $835,200
2021 $18,478 $1,537,300 $702,100 $835,200
2020 $19,722 $1,433,300 $587,100 $846,200
2018 $6,725 $489,100 $391,400 $97,700
2016 $7,027 $455,700 $351,000 $104,700
2015 $6,854 $455,700 $351,000 $104,700
2014 $7,105 $442,100 $335,800 $106,300
2013 $6,945 $442,100 $335,800 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1327745

State-Wide MLS

APN: MIDD-000116-S000000E-000071