NOT LISTED FOR SALE

575 Tuckerman Ave Unit A Middletown, RI 02842

Estimated Value: $744,000 - $2,290,000

2 Beds
2.5 Baths
1,747 Sq Ft
$1,583/mo HOA Fee

Last Sold October 07, 2022

Last sale price $1,600,000 $916 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,821/month

111 Days on Market

Highlights

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

About This Home

As of October 2022

Perched on oceanfront cliffs, just steps from Sachuest Beach, Bancroft on the Bluffs enjoys one of the most breathtaking vantage points in all of Rhode Island. 4+ acres of manicured grounds and rocky outcroppings lead gently down to the water. This first-floor, one-level unit has a convenient private entrance, its own 2-car parking area and a small patio off the main living area. Inside, the condo is nearly-new after a top-to-bottom renovation in 2019. The main living area is open and airy with walls of windows framing views of the ocean and picturesque grounds. The stunning kitchen has a large center island, white marble counter tops, Jutras custom cabinets, top-of-the-line fixtures, and Viking and Sub-Zero appliances. Each bedroom has its own bath with lovely details including glittering tile work, clean, bright shiplap and fine custom cabinetry. Smart home technology including new, ducted, Unico heating and cooling with wireless temperature control, Lutron controlled lighting, Sonos-ready sound system and wireless alarm allow remote management and monitoring from anywhere in the world. Listen to the surf roll into Second Beach or take a 5 minute drive to downtown Newport. Life is better at Bancroft on the Bluffs.

Last Agent to Sell the Property

Leslie Hogan

Hogan Associates Christie's License #REB.0016899 Listed on: 06/17/2022

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,168

Year Built

  • Built in 2006

Lot Details

  • Beach Front
  • Secluded Lot

HOA Fees

  • $1,583 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,747 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Utilities

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

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 127-09
  • Assessor Parcel Number 575TUCKERMANAVAMDLT

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal
  • 9 Units
  • Easton's Point / Second Beach Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,168

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,583 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Subdivision Name: Easton's Point / Second Beach
  • Above Grade Finished Sq Ft: 1747.0
  • Building Name: Bancroft on the Bluffs
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1747.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 19001.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal

Lot Info

  • Lot Size Sq Ft: 174240.0
  • Parcel #: 575TUCKERMANAVAMDLT
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 13168.0
  • Tax Lot: 127-09
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Oct 6, 2022
Sold by
Mcmohan Robert M and Mcmohan Kristin D
Bought by
Parker Helen S
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$1,675,000
Sold Price
$1,600,000
Premium/Discount to List
-$75,000
-4.48%
Views
40
Current Estimated Value
$1,754,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,205
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,280,000
Outstanding Balance
$1,224,132
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$530,073
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
Parker Helen S $1,600,000 None Available
Parker Helen S $1,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Helen S $1,280,000
Closed Parker Helen S $1,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $1,600,000 +0.1% $916 / Sq Ft
08/10/2022 08/10/22 Price Changed $1,599,000 -4.5% $915 / Sq Ft
06/17/2022 06/17/22 For Sale $1,675,000 +92.5% $959 / Sq Ft
08/31/2018 08/31/18 Sold $870,000 -12.6% $498 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
06/22/2017 06/22/17 For Sale $995,000 0.0% $570 / Sq Ft
05/27/2017 05/27/17 Rented $9,000 -18.2% --
04/27/2017 04/27/17 Under Contract -- -- --
03/25/2017 03/25/17 For Rent $11,000 -- --
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 $24,007 $2,036,200 $0 $2,036,200
2024 $22,928 $2,036,200 $0 $2,036,200
2023 $13,792 $1,095,500 $0 $1,095,500
2022 $13,168 $1,095,500 $0 $1,095,500
2021 $13,168 $1,095,500 $0 $1,095,500
2020 $12,354 $897,800 $0 $897,800
2018 $14,179 $1,031,200 $0 $1,031,200
2016 $12,891 $836,000 $0 $836,000
2015 $12,573 $836,000 $0 $836,000
2014 $11,733 $730,100 $0 $730,100
2013 $11,470 $730,100 $0 $730,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1313303

State-Wide MLS

APN: MIDD-000122-000000-012709