55 Elmwood Ave Middletown, RI 02842
Newport East NeighborhoodEstimated Value: $753,000 - $826,000
4
Beds
2
Baths
2,449
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- Wood Flooring
- Bathtub with Shower
- Raised Ranch Architecture
- 2 Car Attached Garage
- 4-minute walk to Linden Park
About This Home
As of June 2021PRICE DROP! Beautiful raised ranch located 8 MINUTES from DOWNTOWN NEWPORT!! Situated on an acre of land with tons of privacy, the property is down the road from the new Middletown Valley Park, "a former nursery transformed into a public park with open fields, walking trails, landscaping and vistas." The property has ample parking, fitting up to 8 cars! It has a great IN-LAW space on the ground floor with a lovely fireplace, it's own separate entrance and access to the two car garage. There are beautiful, big windows so it gets ample amounts of light! Off the side of the house is a deck for entertaining, overlooking the property. House is in great condition with a BRAND NEW KITCHEN and BRAND NEW ROOF! This is a must-see!
Last Agent to Sell the Property
Real Broker, LLC License #RES.0043186 Listed on: 02/17/2021
Co-Listed By
HI HOMES Real Estate Team
HomeSmart Professionals
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,285
Year Built
- Built in 1992
Lot Details
- 0.44 Acre Lot
- Property is zoned R10
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Raised Ranch Architecture
- Brick Exterior Construction
- Shingle Siding
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 1-Story Property
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Baseboard Heating
- 100 Amp Service
- Water Heater
Listing and Financial Details
- Tax Lot 263
- Assessor Parcel Number 55ELMWOODAVMDLT
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2021
Closed on
Jun 2, 2021
Sold by
Johnson Theresa A Est
Bought by
Trezvant Stephen H and Tovello-Trezvant Anna C
Seller's Agent
Albert Hajdaraj
Real Broker, LLC
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Total Days on Market
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,429
Avg. Annual Appreciation
10.00%
Original Mortgage
$507,300
Outstanding Balance
$464,269
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$321,160
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trezvant Stephen H | $534,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trezvant Stephen H | $507,300 | |
| Previous Owner | Johnson Theresa A Est | $170,000 | |
| Previous Owner | Johnson Robert | $28,000 | |
| Previous Owner | Johnson Robert | $64,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2021 06/02/21 | Sold | $535,000 | -7.0% | $218 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 02/17/2021 02/17/21 | For Sale | $575,000 | -- | $235 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,357 | $742,200 | $513,000 | $229,200 |
| 2023 | $5,410 | $429,700 | $275,800 | $153,900 |
| 2022 | $5,165 | $429,700 | $275,800 | $153,900 |
| 2021 | $5,165 | $429,700 | $275,800 | $153,900 |
| 2020 | $5,285 | $384,100 | $211,000 | $173,100 |
| 2018 | $5,281 | $384,100 | $211,000 | $173,100 |
| 2016 | $5,033 | $326,400 | $182,300 | $144,100 |
| 2015 | $4,909 | $326,400 | $182,300 | $144,100 |
| 2014 | $4,951 | $308,100 | $165,700 | $142,400 |
| 2013 | $4,840 | $308,100 | $165,700 | $142,400 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Hajdaraj
Seller's Agent in 2021
Albert Hajdaraj
Real Broker, LLC
(508) 851-5888
1 in this area
78 Total Sales
-
H
Seller Co-Listing Agent in 2021
HI HOMES Real Estate Team
HomeSmart Professionals
-
Chad Kritzas
Buyer's Agent in 2021
Chad Kritzas
HomeSmart Professionals
12 in this area
226 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1275563
APN: MIDD-000108-N000000W-000263
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