NOT LISTED FOR SALE

55 Elmwood Ave Middletown, RI 02842

Estimated Value: $739,000 - $836,000

4 Beds
2 Baths
2,449 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $535,000 $218 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,928/month

74 Days on Market

Highlights

  • Raised Ranch Architecture
  • 2 Car Attached Garage
  • Baseboard Heating
  • Wood Flooring
  • Bathtub with Shower
  • 4-minute walk to Linden Park

About This Home

As of June 2021

PRICE 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

Albert Hajdaraj

Real Broker, LLC License #RES.0043186 Listed on: 02/17/2021

Real Broker, LLC

Co-Listed By

HI HOMES Real Estate Team

HomeSmart Professionals

Last Buyer's Agent

Chad Kritzas

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,285

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Co List Office Mls Id: SMRT
  • Co List Office Phone: 401-921-5011
  • Above Grade Finished Sq Ft: 1585.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Common Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2449.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick, Masonry, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19166.0
  • Parcel #: 55ELMWOODAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5285.0
  • Tax Lot: 263
  • Tax Year: 2020

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%
Current Estimated Value
$795,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,096
Avg. Annual Appreciation
9.54%
Original Mortgage
$507,300
Outstanding Balance
$459,297
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,799
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
Trezvant Stephen H $534,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trezvant Stephen H $507,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

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Map

Source: State-Wide MLS

MLS Number: 1275563

State-Wide MLS

APN: MIDD-000108-N000000W-000263