NOT LISTED FOR SALE

629 Wolcott Ave Middletown, RI 02842

Estimated Value: $3,552,000 - $4,564,000

6 Beds
4.5 Baths
5,526 Sq Ft
$755/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $2,150,000 $389 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $25,046/month

12 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • In Ground Pool
  • Water Views
  • Water Access
  • Deck

About This Home

As of March 2019

Panoramic waterviews and nearby ocean access from this 6-7 bedroom brick/shingle style Easton's Point house. Newly renovated with large addition in 2006 the property offers private guest spaces, open kitchen/living dining area, large upper deck, swimming pool, gourmet kitchen, central air and state-of-the-art systems. Fabulous location between First and Second beach just 4 minutes from downtown Newport. Premier Rhode Island surf spot is just steps from the property.

Last Agent to Sell the Property

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 02/20/2019

Last Buyer's Agent

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 02/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,771

Year Built

  • Built in 2006

Lot Details

  • 0.31 Acre Lot
  • Electric Fence
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,526 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Game Room
  • Water Views
  • Storm Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 629WOLCOTTAVMDLT

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,771

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.31
  • Above Grade Finished Sq Ft: 5526.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Tub Shower, Cable TV
  • Living Area: 5526.0
  • Dining Room Type: Game Room
  • Stories: 3
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Electric, Fenced
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Plaster, Brick, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Forced Air, Gas, Hot Water, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: 629WOLCOTTAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18771.0
  • Tax Lot: 96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Feb 18, 2019
Sold by
629 Wolcott Avenue Llc
Bought by
Ocean Watch Llc
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Michelle Kirby
Gustave White Sotheby's Realty
List Price
$2,495,000
Sold Price
$2,150,000
Premium/Discount to List
-$345,000
-13.83%
Current Estimated Value
$4,173,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,023,191
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Sep 26, 2018
Sold by
Wallace Susan
Bought by
629 Wolcott Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2018
Sold by
Dobbin Lori and Milnes Scott A
Bought by
Wallace Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
Peter A Milnes T
Bought by
Wallace Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocean Watch Llc $2,150,000 --
629 Wolcott Avenue Llc -- --
Wallace Susan $400,000 --
Wallace Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Susan $413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $2,150,000 -13.8% $389 / Sq Ft
02/20/2019 02/20/19 For Sale $2,495,000 -- $452 / 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 $36,865 $3,126,800 $2,256,400 $870,400
2024 $35,208 $3,126,800 $2,256,400 $870,400
2023 $26,332 $2,091,500 $1,328,100 $763,400
2022 $24,689 $2,054,000 $1,328,100 $725,900
2021 $24,689 $2,054,000 $1,328,100 $725,900
2020 $18,704 $1,359,300 $777,300 $582,000
2018 $18,690 $1,359,300 $777,300 $582,000
2016 $17,805 $1,154,700 $641,700 $513,000
2015 $17,367 $1,154,700 $641,700 $513,000
2014 $19,053 $1,185,600 $614,000 $571,600
2013 $18,626 $1,185,600 $614,000 $571,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1215569

State-Wide MLS

APN: MIDD-000116-S000000E-000096