NOT LISTED FOR SALE

575 Tuckerman Ave Unit 7&8 Middletown, RI 02842

Estimated Value: $2,270,000 - $3,747,000

5 Beds
4.5 Baths
2,978 Sq Ft
$1,720/mo HOA Fee

Last Sold January 04, 2013

Last sale price $1,800,000 $604 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $19,316/month

132 Days on Market

Highlights

  • Beach Front
  • Cathedral Ceiling
  • Sun or Florida Room
  • Water Access
  • Wood Flooring
  • 3-minute walk to Purgatory Chasm

About This Home

As of January 2013

Bancroft Penthouse. Fold back the glass walls, breathe in the salt air & listen to the waves crash on the bluffs below. Stunning views from 2nd Beach to Sakonnet Light and Elephant Rock. Elevator access, 3 fireplaces, lovely blend of hip & historic.

Last Agent to Sell the Property

Leslie Hogan

Hogan Associates Christie's License #REB.0016899 Listed on: 07/25/2012

Last Buyer's Agent

Jose Aguon

Gustave White Sotheby's Realty License #RES.0030702

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,992

Year Built

  • Built in 1895

HOA Fees

  • $1,720 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,978 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Water Views
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Parking

  • 4 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Beach Front

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 575TUCKERMANAV7&8MDLT

Community Details

Overview

  • 10 Units
  • Second Beach Subdivision
  • 5-Story Property

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,992

Year Built

Built in 1895

Lot Details

0

HOA Fees

$1,720 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Second Beach
  • Above Grade Finished Sq Ft: 2978.0
  • Building Name: Bancroft on the Bluffs
  • Entry Level: 4
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 5
  • Year Built: 1895
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Entry Location: Elevator,Third Floor or higher Access
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s), Cable TV
  • Living Area: 2978.0
  • Dining Room Type: Den, Dining Room, Kitchen, Living Room, Primary Bedroom, Sunroom
  • Stories: 5
  • Window Features: Skylight(s), Thermal Windows

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Wood Siding, Shingle Siding
  • Exterior Features: Balcony, None, Porch
  • Patio And Porch Features: Balcony, Porch, Screened

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Individual
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools
  • Senior Community: No
  • Association Fee: 1720.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 575TUCKERMANAV7&8MDLT
  • Zoning: R30

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 22992.0
  • Tax Lot: 127
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Younger Peter R and Younger Katherine B
Bought by
Mellor-Greenlee Stephen and Church-Greenlee Donna
Current Estimated Value
$2,810,300

Purchase Details

Closed on
Dec 30, 2015
Sold by
Younger Peter R and Younger Katherine B
Bought by
Younger Peter R and Younger Katherine B

Purchase Details

Closed on
Nov 19, 2009
Sold by
Bessemer T Co
Bought by
Ellis Ari and Ellis Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,233
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2009
Sold by
Bancroft Partners Llc
Bought by
Besseman Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,233
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mellor-Greenlee Stephen $2,500,000 None Available
Younger Peter R -- --
Ellis Ari $750,000 --
Besseman Trust Co $3,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Besseman Trust Co $502,233
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2013 01/04/13 Sold $1,800,000 -7.7% $604 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $1,950,000 -- $655 / 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 $33,579 $2,848,100 $0 $2,848,100
2024 $32,070 $2,848,100 $0 $2,848,100
2023 $25,942 $2,060,500 $0 $2,060,500
2022 $24,767 $2,060,500 $0 $2,060,500
2021 $24,767 $2,060,500 $0 $2,060,500
2020 $19,132 $1,390,400 $0 $1,390,400
2018 $22,397 $1,628,900 $0 $1,628,900
2016 $20,347 $1,319,500 $0 $1,319,500
2015 $11,575 $769,600 $0 $769,600
2014 $11,575 $720,300 $0 $720,300
2013 $11,316 $720,300 $0 $720,300
Source: Public Records

Agents Affiliated with this Home

  • Leslie Hogan

    Seller's Agent in 2013

    Leslie Hogan

    Hogan Associates Christie's

    (401) 845-9500

    17 in this area

    86 Total Sales

    Leslie Hogan
    Section Image
  • Jose Aguon

    Buyer's Agent in 2013

    Jose Aguon

    Gustave White Sotheby's Realty

    (401) 263-4168

    3 in this area

    28 Total Sales

    Jose Aguon
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1022359

State-Wide MLS

APN: MIDD-000122-000000-012707

Rhode Island Newport County Middletown 02842

575 Tuckerman Ave Unit 7&8, Middletown, RI

Not Listed for Sale

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