NOT LISTED FOR SALE

575 Tuckerman Ave Unit 6 Middletown, RI 02842

Estimated Value: $1,856,000 - $4,484,000

4 Beds
3 Baths
3,454 Sq Ft
$2,693/mo HOA Fee

Last Sold July 19, 2021

Last sale price $3,450,000 $999 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $22,851/month

5 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Deck
  • Golf Course Community
  • 3.75 Acre Lot
  • 3-minute walk to Purgatory Chasm

About This Home

As of July 2021

Stunning, panoramic ocean views spanning from Second Beach across Elephant Rock to Brenton Point. Every room in this gracious four bedroom, 3400+ sq ft condominium has ocean views. Newly redone in 2006, Bancroft of the Bluffs is an award-winning historic renovation of an iconic example of historic shingle-style architecture designed by William Ralph Emerson in the late 1800's. In addition to the mesmerizing ocean activity and views, the property, which sits between pudding-stone outcroppings, has beautifully restored gardens originally designed by Frederick Law Olmsted. Interior spaces includes lovely spacious turret living room with 360 degree view; open kitchen/sitting room with fireplace; large master suite with fireplace; dining room with fireplace and oceanside deck; Guest bedroom with fireplace, en-suite bath and oceanside covered deck, and a large separate living space or fourth bedroom.
Located on the second floor, the unit can be accessed by elevator or stairs. The property provides direct access for swimming, surfing or paddling and is a very short walk to Second Beach. Downtown Newport is 5 minutes by car.

Last Agent to Sell the Property

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 06/14/2021

Gustave White Sotheby's Realty

Co-Listed By

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942

Last Buyer's Agent

Paul Leys

Gustave White Sotheby's Realty License #REC.0013814

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,272

Year Built

  • Built in 1895

Lot Details

  • Beach Front
  • Sprinkler System

HOA Fees

  • $2,693 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,454 Sq Ft Home
  • 4 Fireplaces
  • 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

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Home Security

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Geothermal Heating and Cooling
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 575TUCKERMANAV6MDLT

Community Details

Overview

  • 9 Units
  • Easton's Point/2Nd Beach Subdivision
  • 5-Story Property

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Shops
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,272

Year Built

Built in 1895

Lot Details

0

HOA Fees

$2,693 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 3.7533
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Easton's Point/2nd Beach
  • Above Grade Finished Sq Ft: 3454.0
  • Building Name: Bancroft on the Bluffs
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 5
  • Year Built: 1895
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 5

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Entry Location: Elevator,Second Floor Access
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Elevator, Cable TV
  • Living Area: 3454.0
  • Stories: 5
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved, Sprinkler System, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Forced Air, Geothermal, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 32316.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 163493.0
  • Parcel #: 575TUCKERMANAV6MDLT
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 30272.0
  • Tax Lot: 127
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 13, 2021
Sold by
Hobson-Guthrie Randolph and Holden-Guthrie Beatrice
Bought by
Puett Susan G
Seller's Agent
Tina Wiley
Gustave White Sotheby's Realty
Buyer's Agent
Paul Leys
Gustave White Sotheby's Realty
List Price
$3,450,000
Sold Price
$3,450,000
Current Estimated Value
$3,285,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,262
Avg. Annual Appreciation
-1.12%

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 15, 2017
Sold by
Somerton T
Bought by
Hobson-Guthrie Randolph and Holden-Guthrie Beatrice
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Janet Corbin
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Sep 7, 2011
Sold by
Melissa Fairgrieve T
Bought by
Somerton T and Bessemer T Co

Purchase Details

Closed on
Aug 30, 2007
Sold by
Bancroft On The Bluffs
Bought by
Fairgrieve Melissa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puett Susan G $3,450,000 None Available
Hobson-Guthrie Randolph $1,900,000 --
Somerton T -- --
Fairgrieve Melissa $2,750,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2021 07/19/21 Sold $3,450,000 0.0% $999 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $3,450,000 +81.6% $999 / Sq Ft
09/15/2017 09/15/17 Sold $1,900,000 -4.8% $550 / Sq Ft View Prior Sale
08/16/2017 08/16/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $1,995,000 -- $578 / 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
2025 $34,283 $2,907,800 $0 $2,907,800
2024 $32,742 $2,907,800 $0 $2,907,800
2023 $27,698 $2,200,000 $0 $2,200,000
2022 $26,444 $2,200,000 $0 $2,200,000
2021 $26,444 $2,200,000 $0 $2,200,000
2020 $24,937 $1,812,300 $0 $1,812,300
2018 $27,893 $2,028,600 $0 $2,028,600
2016 $25,360 $1,644,600 $0 $1,644,600
2015 $24,735 $1,644,600 $0 $1,644,600
2014 $23,083 $1,436,400 $0 $1,436,400
2013 $22,566 $1,436,400 $0 $1,436,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1285147

State-Wide MLS

APN: MIDD-000122-000000-012706