Seller's Agent in 2021
Eric Kirton
Lila Delman Compass
(401) 743-2744
31 in this area
89 Total Sales
591 Indian Ave Middletown, RI 02842
Estimated Value: $3,109,000 - $4,438,000
5
Beds
3.5
Baths
3,990
Sq Ft
$942/Sq Ft
Est. Value
Highlights
- Beach Front
- Golf Course Community
- 0.92 Acre Lot
- Marina
- Water Access
- Wood Flooring
About This Home
As of September 2021Located on the waterfront of scenic Indian Avenue this home is the epitome of peaceful and stress free living. With almost 4,000 sq ft of living, 5 bedrooms and 3 1/2 baths and loaded with period detail the house in a classic waterfront cottage. From almost every window there is a view of the water and quiet surroundings, facing south west from the covered front porch the views stretch over Sachuest Wildlife Preserve to the open Atlantic. Site lines to the east offer amazing sunrises and the farms of rural Little Compton and West Island. Recent updates include a new kitchen, first floor master, library and central air conditioning and are all accented by a classic stone wood burning fireplace, hardwood floors and an original Dutch door. The property is wonderfully sited to embrace privacy and ocean views and abuts 3 acres of rolling lawns and paths leading to the ocean front. Located only a few minutes to the beaches and downtown Newport this is the perfect island get away.
Last Agent to Sell the Property
Lila Delman Compass License #REB.0018697 Listed on: 06/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,758
Year Built
- Built in 1880
Lot Details
- 0.92 Acre Lot
- Beach Front
- Property is zoned R60
Home Design
- Cottage
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 3,990 Sq Ft Home
- 2-Story Property
- Stone Fireplace
- Wood Flooring
- Water Views
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 5 Parking Spaces
- No Garage
Outdoor Features
- Water Access
- Walking Distance to Water
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Heating System
- 200+ Amp Service
- Well
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 303
- Assessor Parcel Number 591INDIANAVMDLT
Community Details
Overview
- Indian Ave. Subdivision
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2021
Closed on
Sep 27, 2021
Sold by
591 Indian Avenue Llc
Bought by
Mcmahon Robert and Mcmahon Kristin
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Leslie Hogan
Hogan Associates Christie's
List Price
$3,150,000
Sold Price
$2,934,500
Premium/Discount to List
-$215,500
-6.84%
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
$822,277
Avg. Annual Appreciation
6.06%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmahon Robert | $2,934,500 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2021 09/29/21 | Sold | $2,934,500 | -6.8% | $735 / Sq Ft |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 06/20/2021 06/20/21 | For Sale | $3,150,000 | -- | $789 / 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 |
|---|---|---|---|---|
| 2025 | $39,143 | $3,320,000 | $2,622,000 | $698,000 |
| 2024 | $37,383 | $3,320,000 | $2,622,000 | $698,000 |
| 2023 | $27,221 | $2,162,100 | $1,660,600 | $501,500 |
| 2022 | $25,988 | $2,162,100 | $1,660,600 | $501,500 |
| 2021 | $22,836 | $1,899,800 | $1,316,200 | $583,600 |
| 2020 | $22,466 | $1,632,700 | $1,316,200 | $316,500 |
| 2018 | $22,450 | $1,632,700 | $0 | $0 |
| 2016 | $25,176 | $1,632,700 | $0 | $0 |
| 2015 | $30,382 | $2,020,100 | $1,748,000 | $272,100 |
| 2014 | $18,239 | $1,135,000 | $874,000 | $261,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Kirton
-
Leslie Hogan
Buyer's Agent in 2021
Leslie Hogan
Hogan Associates Christie's
(401) 845-9500
16 in this area
86 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1286058
APN: MIDD-000129-000000-000303
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