NOT LISTED FOR SALE

62 Third Beach Rd Middletown, RI 02842

Estimated Value: $2,210,000 - $2,469,218

1.38 Acres
$1,729,569 Price per Acre
60,113 Sq Ft Lot

Last Sold October 25, 2017

Last sale price $275,000

Est. 768% increase in value since last sale

Current estimated payment $14,178/month

54 Days on Market

Highlights

  • Marina
  • 1.38 Acre Lot
  • Shops
  • Golf Course Community
  • Tennis Courts
  • 2-minute walk to Howland Park

About This Lot

As of October 2017

Best location! Close to beaches, Sweetberry Farm and more...minutes to Newport... rural setting for peace and quiet..1.38 acres with well installed and ISDS design approved for 4 BR....owner has excellent Bill Burgin design for 3 BR home...

Last Agent to Sell the Property

George Tollefson

Lila Delman Compass License #RES.0035334 Listed on: 08/01/2017

Last Buyer's Agent

Eric Kirton

Lila Delman Compass License #REB.0018697

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,981

Lot Details

  • 1.38 Acre Lot
  • Level Lot
  • Property is zoned r 60

Location

  • Property near a hospital

Utilities

  • Private Water Source
  • Well

Listing and Financial Details

  • Tax Lot 944
  • Assessor Parcel Number 62ThirdBeachRDMDLT

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Third Beach Rd Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$2,981

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.38
  • Subdivision Name: THIRD BEACH RD
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level
  • Topography: Cleared,Level
  • Disclosures: Septic Disclosure

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)

Lot Info

  • Current Use: Residential
  • Development Status: Raw Land
  • Lot Size Sq Ft: 60075.0
  • Parcel #: 62ThirdBeachRDMDLT
  • Zoning Description: Residential
  • Zoning: r 60
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2981.0
  • Tax Lot: 944
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Sullivan Stephen M
Bought by
S M Sullivanome Only Irt
Current Estimated Value
$2,386,805

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 25, 2017
Sold by
Sweeney John L and Sweeney Lisa H
Bought by
Sullivan Stephen M
Seller's Agent
George Tollefson
Lila Delman Compass
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.49%
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
S M Sullivanome Only Irt -- None Available
Sullivan Stephen M $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $275,000 -8.0% --
09/25/2017 09/25/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $299,000 -- --
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 $19,326 $1,639,200 $539,700 $1,099,500
2024 $18,457 $1,639,200 $539,700 $1,099,500
2023 $15,696 $1,246,700 $296,300 $950,400
2022 $11,323 $942,000 $296,300 $645,700
2021 $11,323 $942,000 $296,300 $645,700
2020 $11,995 $871,700 $228,600 $643,100
2018 $3,143 $228,600 $228,600 $0
2016 $3,056 $198,200 $198,200 $0
2015 $2,981 $198,200 $198,200 $0
2014 $2,915 $181,400 $181,400 $0
2013 $2,850 $181,400 $181,400 $0
Source: Public Records

Agents Affiliated with this Home

  • George Tollefson

    Seller's Agent in 2017

    George Tollefson

    Lila Delman Compass

    (401) 339-1371

    5 in this area

    11 Total Sales

    George Tollefson
    Section Image
  • Eric Kirton

    Buyer's Agent in 2017

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    31 in this area

    89 Total Sales

    Eric Kirton
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1169572

State-Wide MLS

APN: MIDD-000125-000000-000944

Rhode Island Newport County Middletown 02842

62 Third Beach Rd, Middletown, RI

Not Listed for Sale

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