Seller's Agent in 2019
Robert Swift
Edge Realty RI
(401) 644-9016
4 in this area
38 Total Sales
55 Summerfield Ln Middletown, RI 02842
Estimated Value: $1,630,504 - $2,384,000
5
Beds
3
Baths
2,508
Sq Ft
$777/Sq Ft
Est. Value
Highlights
- Beach Access
- 0.94 Acre Lot
- Wood Flooring
- Golf Course Community
- Antique Architecture
- 2 Fireplaces
About This Home
As of November 2019Historic 1850’s farmhouse in an extremely rare and private setting just off Indian Ave. Tucked away on a private dead-end street surrounded by stone walls, mature trees, and natural landscaping. This charmingly restored home offers a tranquil setting just 4.5 miles from downtown Newport, 2 miles from Newport National, and a quick bike ride to the beaches. Equipped with 3 levels of living, 5 bedrooms, 3 modern baths, 2 wood-burning fireplaces, and extensive decks providing great outdoor living. The oversized 3 car garage has 2 lofts to accommodate all your storage and nicely frees up space below, and the walkout basement is perfect for a workshop. Property has been tastefully updated and recently received many improvements, including a brand new 6 bedroom septic system this July, new roof 2019, state of the art water softener/filtration system in 2018, cedar siding 2019, updated appliances, refinished hardwood floors this summer, insulation throughout, new oil tank 2019, modern baths, and Anderson Windows.
Last Agent to Sell the Property
Edge Realty RI License #RES.0040245 Listed on: 08/16/2019
Last Buyer's Agent
Robert Swift
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,938
Year Built
- Built in 1850
Lot Details
- 0.94 Acre Lot
- Cul-De-Sac
- Property is zoned R40
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Antique Architecture
- Stone Foundation
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,508 Sq Ft Home
- 3-Story Property
- Skylights
- 2 Fireplaces
- Fireplace Features Masonry
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Beach Access
- Walking Distance to Water
- Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Well
- Tankless Water Heater
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 708
- Assessor Parcel Number 55SUMMERFIELDLANEMDLT
Community Details
Overview
- Indian Ave/3Rd Beach Rd. Subdivision
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2023
Sold by
Nelson Mary L
Bought by
Mary L Nelson Ret
Current Estimated Value
Purchase Details
Listed on
Aug 16, 2019
Closed on
Nov 18, 2019
Sold by
Divittis Lee A
Bought by
Nelson Mary L and Davis Amy H
Seller's Agent
Robert Swift
Edge Realty RI
Buyer's Agent
Robert Swift
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%
Original Mortgage
$700,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 2, 2003
Sold by
Brayton Benjamin
Bought by
Divittis Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Mary L Nelson Ret | -- | None Available | |
| Nelson Mary L | $875,000 | -- | |
| Divittis Lee | $640,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nelson Mary L | $700,000 | |
| Previous Owner | Divittis Lee | $417,000 | |
| Previous Owner | Divittis Lee | $512,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $875,000 | -5.4% | $349 / Sq Ft |
| 10/23/2019 10/23/19 | Pending | -- | -- | -- |
| 08/16/2019 08/16/19 | For Sale | $925,000 | -- | $369 / 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 |
|---|---|---|---|---|
| 2025 | $17,035 | $1,444,900 | $1,112,600 | $332,300 |
| 2024 | $16,270 | $1,444,900 | $1,112,600 | $332,300 |
| 2023 | $8,259 | $656,000 | $403,200 | $252,800 |
| 2022 | $7,885 | $656,000 | $403,200 | $252,800 |
| 2021 | $7,885 | $656,000 | $403,200 | $252,800 |
| 2020 | $11,938 | $867,600 | $633,800 | $233,800 |
| 2018 | $11,930 | $867,600 | $633,800 | $233,800 |
| 2016 | $11,428 | $741,100 | $526,900 | $214,200 |
| 2015 | $11,146 | $741,100 | $526,900 | $214,200 |
| 2014 | $9,804 | $610,100 | $393,300 | $216,800 |
| 2013 | $9,585 | $610,100 | $393,300 | $216,800 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Swift
Map
Source: State-Wide MLS
MLS Number: 1232386
APN: MIDD-000129-000000-000708
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Nearby Homes
- 10 Bartlett Rd
- 515 Indian Ave
- 62 Howland Ave
- 78 Cornelius Dr
- 0 Indian Ave
- 0 Saltwood Dr
- 16 Sachuest Dr
- 180 Cottontail Dr
- 980 Green End Ave
- 230 Briarwood Ln
- 141 Gray Craig Rd
- 119 Corey Ln
- 310 Corey Ln
- 223 Corey Ln
- 318 Corey Ln
- 362 Bramans Ln
- 0 Honeyman Ave
- 92 Harvest Dr
- 476 Green End Ave
- 0 Wolcott Ave
- 184 Vaucluse Ave
- 25 Summerfield Ln
- 11 Summerfield Ln
- 91 Summerfield Ln
- 99 Summerfield Ln
- 24 Summerfield Ln
- 200 Vaucluse Ave
- 56 Summerfield Ln
- 230 Vaucluse Ave
- 100 Summerfield Ln
- 178 Vaucluse Ave
- 305 Vaucluse Ave
- 186 Vaucluse Ave
- 0 Vaucluse Lot B Ave Unit 1260207
- 248 Vaucluse Ave
- 258 Vaucluse Ave
- 225 Vaucluse Ave
- 160 Vaucluse Ave
- 86 Summerfield Ln
- 215 Vaucluse Ave