NOT LISTED FOR SALE

532 Paradise Ave Middletown, RI 02842

Estimated Value: $4,487,000 - $5,013,467

5 Beds
5.5 Baths
6,066 Sq Ft
$784/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $2,400,000 $396 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $29,194/month

200 Days on Market

Highlights

  • Marina
  • Guest House
  • In Ground Pool
  • Water Views
  • Golf Course Community
  • 3.05 Acre Lot

About This Home

As of November 2015

2/10 mile walk to Surfer's End Sachuest Beach (AKA Second Beach) Atlantic Ocean. 3BR Cottage 1622 s.f. and the 1BR Studio 544 sq.ft. are separate, fully functional buildings on the compound

Last Agent to Sell the Property

JOHN UTZ

BerkshireHathaway HomeServices License #RES.0030994 Listed on: 03/30/2015

Last Buyer's Agent

Genevieve Croll

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,568

Year Built

  • Built in 1870

Lot Details

  • 3.05 Acre Lot
  • Private Lot
  • Secluded Lot
  • Corner Lot
  • Wooded Lot
  • Property is zoned R30

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Home Design

  • Combination Foundation
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 6,066 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Breezeway
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 532PARADISEAVMDLT

Community Details

Overview

  • Paradise Second Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,568

Year Built

Built in 1870

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 3.05
  • Subdivision Name: PARADISE -SECOND BEACH
  • Above Grade Finished Sq Ft: 6066.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1870
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood
  • Accessibility Features: Accessibility Features, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Parquet
  • Interior Amenities: Attic, Wet Bar, Cedar Closet(s), Permanent Attic Stairs, Skylights, Central Vacuum, Cable TV
  • Living Area: 6066.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Private, Secluded, Wooded
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Breezeway, Deck, Porch, Patio
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 14.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Propane, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 132858.0
  • Parcel #: 532PARADISEAVMDLT
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25568.0
  • Tax Lot: 1
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
Nov 16, 2015
Sold by
John E Utz Ret
Bought by
Paul W Bolles Beaven F
Seller's Agent
JOHN UTZ
BerkshireHathaway HomeServices
Buyer's Agent
Genevieve Croll
RE/MAX Profnl. Newport, Inc.
List Price
$2,475,000
Sold Price
$2,400,000
Premium/Discount to List
-$75,000
-3.03%
Current Estimated Value
$4,753,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,353,156
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Pierik Joseph J and Pierik Jennifer
Bought by
Utz John E and Utz Christina

Purchase Details

Closed on
Dec 1, 1997
Sold by
Wilson Douglas G and Tirrell Kathleen M
Bought by
Pierik Joseph J and Pierik Jennifer

Purchase Details

Closed on
Jun 14, 1991
Sold by
Dunn John D
Bought by
Wilson Douglas G
Source: Public Records

Range of Values:

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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
Paul W Bolles Beaven F $2,400,000 --
Utz John E $770,000 --
Pierik Joseph J $565,000 --
Wilson Douglas G $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Douglas G $550,000
Previous Owner Wilson Douglas G $620,000
Previous Owner Wilson Douglas G $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $2,400,000 -3.0% $396 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $2,475,000 -- $408 / 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 $49,106 $3,783,200 $1,941,500 $1,841,700
2023 $41,194 $2,202,900 $1,004,700 $1,198,200
2022 $39,322 $2,202,900 $1,004,700 $1,198,200
2021 $0 $2,202,900 $1,004,700 $1,198,200
2020 $0 $2,072,200 $1,103,600 $968,600
2018 $0 $2,072,200 $1,103,600 $968,600
2016 $0 $1,591,000 $791,200 $799,800
2015 -- $1,591,000 $791,200 $799,800
2014 -- $1,341,100 $591,600 $749,500
2013 -- $1,341,100 $591,600 $749,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    JOHN UTZ

    BerkshireHathaway HomeServices

  • G

    Buyer's Agent in 2015

    Genevieve Croll

    RE/MAX Profnl. Newport, Inc.

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Map

Source: State-Wide MLS

MLS Number: 1091077

State-Wide MLS

APN: MIDD-000127-000000-000001

Rhode Island Newport County Middletown 02842

532 Paradise Ave, Middletown, RI

This home is located at 532 Paradise Ave, Middletown, RI 02842 since 30 March 2015 and is currently estimated at $4,753,156, approximately $783 per square foot. This property was built in 1870. 532 Paradise Ave 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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