NOT LISTED FOR SALE

551 Wolcott Ave Middletown, RI 02842

Estimated Value: $2,572,000 - $2,736,930

5 Beds
3 Baths
2,979 Sq Ft
$892/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2017

Last sale price $1,200,000 $403 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $16,198 / mo

69 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Attic

About This Home

As of November 2017

Meticulously transformed in 1988 by these visionary owners with great attention to detail and design. Located in the tranquil yet coveted Easton’s Point neighborhood, this contemporary home has a flare for the modern with vaulted ceilings, open staircase, and strategically placed windows throughout to maximize water views on each level. Freshly painted exterior & interior, the floor plan offers a unique opportunity to meet many different family needs. Upon pulling up to the circular driveway, the elegant front porch gently invites you into the main foyer. There are two conveniently located first floor bedrooms and full bath on the right wing of the home. Beautiful hardwood floors and gorgeous natural sunlight lure you into the heart of the home with a grand dining room complete with fire place, custom built-ins, and pocket doors. The spacious family room has another fire place, French doors to the deck & sun room & easy access to the large eat-in-kitchen. This open floor plan is ideal for entertaining. The second floor landing has a nice division between the private master en suite with tons of closet space and the other two remaining bedrooms with full bath. This wing of the home could be another master en suite with sitting area. The lush level backyard with cool ocean breezes provide views of the Atlantic & Cliff Walk. This lovingly maintained one of a kind sanctuary with stunning architectural angles and distinct evergreen trees is a place worth calling home.

Last Agent to Sell the Property

Karin Jackson

Lila Delman Compass Listed on: 08/14/2017

Lila Delman Compass

Last Buyer's Agent

William Parker Sizeland

Lila Delman Compass License #REB.0014586

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,840

Year Built

  • Built in 1962

Lot Details

  • 12,632 Sq Ft Lot
  • Property is zoned R10

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Intercom
  • Storm Windows
  • Storm Doors

Outdoor Features

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 150 Amp Service
  • Power Generator
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 551WolcottAVMDLT

Community Details

Overview

  • Easton's Point Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,840

Year Built

Built in 1962

Lot Details

0.29 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: CHAP
  • Co List Office Phone: 401-846-3800
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 2739.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 240.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Tub Shower
  • Living Area: 2979.0
  • Dining Room Type: Game Room, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers, Generator
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 551WolcottAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12840.0
  • Tax Lot: 90
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Nov 22, 2017
Sold by
Bought by
Seller's Agent
Karin Jackson
Lila Delman Compass
Buyer's Agent
William Parker Sizeland
Lila Delman Compass
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Current Estimated Value
$2,667,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,467,023
Avg. Annual Appreciation
9.62%
Original Mortgage
$960,000
Interest Rate
0.0391%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $899,500
Closed $960,000
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/22/2017 11/22/17 Sold $1,200,000 -14.0% $403 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $1,395,000 -- $468 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,516 $1,824,900 $1,342,600 $482,300
2024 $20,548 $1,824,900 $1,342,600 $482,300
2023 $15,562 $1,236,100 $790,300 $445,800
2022 $14,858 $1,236,100 $790,300 $445,800
2021 $14,858 $1,236,100 $790,300 $445,800
2020 $14,780 $1,074,100 $660,800 $413,300
2018 $14,769 $1,074,100 $660,800 $413,300
2016 $12,840 $832,700 $477,200 $355,500
2015 $12,524 $832,700 $477,200 $355,500
2014 $13,605 $846,600 $456,600 $390,000
2013 $13,300 $846,600 $456,600 $390,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1170297

State-Wide MLS

APN: MIDD-000116-S000000E-000090

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