NOT LISTED FOR SALE

59 Center Ave Middletown, RI 02842

Estimated Value: $923,949 - $1,033,000

2 Beds
2 Baths
1,348 Sq Ft
$738/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $354,900 $263 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $5,943/month

Highlights

  • Spa
  • Cathedral Ceiling
  • Furnished
  • Contemporary Architecture
  • Wood Flooring
  • No HOA

About This Home

As of January 2024

October 2024 - May 2025 furnished rental: Beautifully furnished home near beaches and schools has two bedrooms, 2 bathrooms and plenty of open living space. This modern and beachy feeling home is very welcoming with high end kitchen, hardwood floors, fireplace, cathedral ceilings, skylights, jetted tub and nice private outdoor spaces as well with two large decks. Garage for storage only.

Pet may be considered.

Last Agent to Rent the Property

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916 Listed on: 10/06/2023

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916 Listed on: 10/06/2023

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,019

Year Built

  • Built in 1949

Lot Details

  • 4,356

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Cottage
  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 10/6/23
  • Month-to-Month Lease Term
  • Assessor Parcel Number 59CENTERAVMDLT

Community Details

Overview

  • No Home Owners Association
  • Easton's Point/Wolcott/Purgatory Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,019

Year Built

Built in 1949

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2023-10-06
  • Security Deposit: 2950.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Easton's Point/Wolcott/Purgatory
  • Above Grade Finished Sq Ft: 1348.0
  • Architectural Style: Cabin/Cottage, Contemporary
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1949
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Furnished
  • Living Area: 1348.0
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Unassigned
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Gardener, Laundry Facilities, Parking, Trash Collection
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 59CENTERAVMDLT
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2012
Closed on
Jul 6, 2012
Sold by
Espanola Gerald G and Espanola Elizabeth A
Bought by
Ferrari Nicole S and Garcia Michael J
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Dawn McCauley
RE/MAX Profnl. Newport, Inc.
List Price
$349,900
Sold Price
$354,900
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$994,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,087
Avg. Annual Appreciation
8.09%
Original Mortgage
$283,900
Outstanding Balance
$196,990
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$797,997
Source: Public Records

Range of Values:

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Average Value
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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
Ferrari Nicole S $354,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Nicole S $283,900
Previous Owner Ferrari Nicole S $150,000
Previous Owner Ferrari Nicole S $165,000
Previous Owner Ferrari Nicole S $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Rented $2,950 0.0% --
10/06/2023 10/06/23 For Rent $2,950 0.0% --
06/12/2023 06/12/23 Rented $2,950 0.0% --
05/31/2023 05/31/23 Under Contract -- -- --
05/08/2023 05/08/23 For Rent $2,950 +18.0% --
10/05/2022 10/05/22 Rented $2,500 -13.8% --
08/16/2022 08/16/22 Under Contract -- -- --
06/02/2022 06/02/22 For Rent $2,900 0.0% --
07/06/2012 07/06/12 Sold $354,900 +1.4% $259 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $349,900 -- $256 / 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
2024 $8,019 $712,200 $554,500 $157,700
2023 $5,446 $432,600 $296,900 $135,700
2022 $5,200 $432,600 $296,900 $135,700
2021 $5,200 $432,600 $296,900 $135,700
2020 $4,600 $334,300 $198,600 $135,700
2018 $4,597 $334,300 $198,600 $135,700
2016 $4,040 $262,000 $142,900 $119,100
2015 $3,940 $262,000 $142,900 $119,100
2014 $4,120 $256,400 $129,800 $126,600
2013 $4,028 $256,400 $129,800 $126,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1345315

State-Wide MLS

APN: MIDD-000116-N000000E-000043