575 Tuckerman Ave Unit 3 Middletown, RI 02842
Newport East Neighborhood
2
Beds
2.5
Baths
1,757
Sq Ft
$1,296/mo
HOA Fee
Highlights
- Beach Front
- 3.99 Acre Lot
- Balcony
- Water Access
- Wood Flooring
- 3-minute walk to Purgatory Chasm
About This Home
As of October 2020Bancroft on the Bluffs c. 1895 is a shingle style, oceanfront mansion designed and built by William Ralph Emerson for John Chandler Bancroft on one of the most scenic spots in all of RI. Completely restored and renovated in 2006, the historic manse overlooks a turn of the century Chinese garden punctuated by rocky outcroppings and large expanses of lawn. Dramatic cliffs of native puddingstone descend to the water via an inviting, walkable path. Inside, walls of windows and French doors take full advantage of unparalleled southeasterly views of the rocky coastline, open Atlantic, Sakonnet Light and Sachuest Point. The main living area is open and airy with marquetry ceiling detail, built in cabinetry and custom window seating. There are 2 ensuite bedrooms, a waterside balcony, gas fireplace, a den with pocket doors and beautifully appointed kitchen. You're going to like it here!
Last Agent to Sell the Property
Hogan Associates Christie's License #REB.0016899 Listed on: 08/17/2020
Last Buyer's Agent
Lynne Zekis
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,116
Year Built
- Built in 1895
HOA Fees
- $1,296 Monthly HOA Fees
Home Design
- Stone Foundation
- Wood Siding
- Shingle Siding
- Masonry
- Plaster
Interior Spaces
- 1,757 Sq Ft Home
- Dry Bar
- Fireplace Features Masonry
- Gas Fireplace
- Thermal Windows
- Water Views
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Interior Basement Entry
- Crawl Space
Home Security
- Security System Owned
- Intercom
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Assigned Parking
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Thermostat
Outdoor Features
- Water Access
- Walking Distance to Water
- Balcony
Utilities
- Forced Air Zoned Heating and Cooling System
- Geothermal Heating and Cooling
- Underground Utilities
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Beach Front
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 127/03
- Assessor Parcel Number 575TUCKERMANAV3MDLT
Community Details
Overview
- 10 Units
- Easton's Point / Second Beach Subdivision
- 5-Story Property
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2020
Closed on
Oct 6, 2020
Sold by
Bell Richard J and Bell Claudia H
Bought by
Foley Michael K and Foley Holly A
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Lynne Zekis
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
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
$285,468
Avg. Annual Appreciation
2.81%
Purchase Details
Listed on
Apr 13, 2015
Closed on
Jun 2, 2015
Sold by
Mccool Franklin D and Savoie Jacqueline M
Bought by
Bell Richard J and Bell Claudia H
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Donald Desrosiers
Gustave White Sotheby's Realty
List Price
$1,145,000
Sold Price
$1,036,250
Premium/Discount to List
-$108,750
-9.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Purchase Details
Closed on
Nov 19, 2009
Sold by
Bessemer T Co
Bought by
Mccool Franklin Dennis and Savoie Jacqueline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,490
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | None Available | |
| Warranty Deed | $1,036,250 | -- | |
| Deed | $946,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $634,490 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $1,500,000 | +3.4% | $854 / Sq Ft |
| 09/15/2020 09/15/20 | Pending | -- | -- | -- |
| 08/17/2020 08/17/20 | For Sale | $1,450,000 | +39.9% | $825 / Sq Ft |
| 06/02/2015 06/02/15 | Sold | $1,036,250 | -9.5% | $581 / Sq Ft |
| 05/03/2015 05/03/15 | Pending | -- | -- | -- |
| 04/13/2015 04/13/15 | For Sale | $1,145,000 | -- | $642 / 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 | $17,943 | $1,593,500 | $0 | $1,593,500 |
| 2023 | $14,730 | $1,170,000 | $0 | $1,170,000 |
| 2022 | $14,063 | $1,170,000 | $0 | $1,170,000 |
| 2021 | $14,063 | $1,170,000 | $0 | $1,170,000 |
| 2020 | $13,116 | $953,200 | $0 | $953,200 |
| 2018 | $14,037 | $1,020,900 | $0 | $1,020,900 |
| 2016 | $12,763 | $827,700 | $0 | $827,700 |
| 2015 | $12,449 | $827,700 | $0 | $827,700 |
| 2014 | $11,617 | $722,900 | $0 | $722,900 |
| 2013 | $11,357 | $722,900 | $0 | $722,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Leslie Hogan
Hogan Associates Christie's
(401) 845-9500
11 in this area
90 Total Sales
-
L
Buyer's Agent in 2020
Lynne Zekis
-
D
Buyer's Agent in 2015
Donald Desrosiers
Gustave White Sotheby's Realty
Map
Source: State-Wide MLS
MLS Number: 1261809
APN: MIDD-000122-000000-012703
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