$1,025,000
SOLD MAY 12, 2025

54 Newport Ave Middletown, RI 02842

2 Beds
2 Baths
984 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$1,042 Per Sq Ft

2% Below List Price

105 Days on Market

Highlights

  • Water Views
  • Attic
  • Walking Distance to Water
  • Wood Flooring
  • Tennis Courts
  • 1 Car Attached Garage

About This Home

As of May 2025

Actively showing for back up offers. This property has been completely renovated top to bottom. New gas heat and air conditioning system. Large deck leading to a fire pit in the completely fenced back yard. State of the art kitchen with stainless steel appliances and quartz countertops. Hardwoods throughout the entire house. New bathrooms with tile floors and detailed tilework. New white cedar siding and deck. Just a short walk to the beaches, restaurants and shopping. Expand with a second floor and enjoy sweeping waterviews of first beach and Pell Bridge. Downtown Newport just minutes away!

Last Agent to Sell the Property

Cathy Furtado

RE/MAX Profnl. Newport, Inc. Listed on: 01/04/2025

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Johanna Mulholland

Residential Properties Ltd. License #RES.0047321

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1952

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Water Views
  • Permanent Attic Stairs

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water

Utilities

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

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 54NEWPORTAVMDLT

Community Details

Overview

  • Easton's Point Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,217

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Inclusions: Taxes based on pre-renovation and out of state seller.
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 984.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Storage, Stall Shower
  • Living Area: 984.0
  • Dining Room Type: Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 54NEWPORTAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5217.0
  • Tax Lot: 101
  • Tax Map Number: 115SE
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
May 12, 2025
Sold by
Vicki Mario P and Vicki Nancy D
Bought by
Richard Maurice and Richard Sheila
Seller's Agent
Cathy Furtado
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Johanna Mulholland
Residential Properties Ltd.
List Price
$1,050,000
Sold Price
$1,025,000
Premium/Discount to List
-$25,000
-2.38%
Views
49
Current Estimated Value
$991,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,575
Avg. Annual Appreciation
-9.08%
Original Mortgage
$820,000
Outstanding Balance
$818,513
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,912

Purchase Details

Closed on
Nov 14, 2023
Sold by
Kirchner Christine F and Furtado Stephen C
Bought by
Vicki Mario P and Vicki Nancy D

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
Interest Rate
7.75%
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 Type Sale Price Title Company
Warranty Deed $1,025,000 None Available
Warranty Deed $1,025,000 None Available
Warranty Deed $600,000 None Available
Warranty Deed $600,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $820,000 Purchase Money Mortgage
Closed $820,000 Purchase Money Mortgage
Previous Owner $450,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $1,025,000 -2.4% $1,042 / Sq Ft
04/19/2025 04/19/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $1,050,000 +2.4% $1,067 / Sq Ft
03/30/2025 03/30/25 Off Market $1,025,000 -- --
03/21/2025 03/21/25 Price Changed $1,050,000 -6.7% $1,067 / Sq Ft
02/17/2025 02/17/25 Price Changed $1,125,000 -5.9% $1,143 / Sq Ft
01/04/2025 01/04/25 For Sale $1,195,000 -- $1,214 / 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 $5,198 $461,600 $320,900 $140,700
2023 $4,422 $351,200 $234,000 $117,200
2022 $4,221 $351,200 $234,000 $117,200
2021 $4,221 $351,200 $234,000 $117,200
2020 $3,982 $289,400 $172,200 $117,200
2018 $3,979 $289,400 $172,200 $117,200
2016 $3,855 $250,000 $147,800 $102,200
2015 $3,760 $250,000 $147,800 $102,200
2014 $3,862 $240,300 $134,300 $106,000
2013 $3,775 $240,300 $134,300 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1375501

State-Wide MLS

APN: MIDD-000115-S000000E-000101