NOT LISTED FOR SALE

7 South Dr Middletown, RI 02842

Estimated Value: $831,000 - $910,000

3 Beds
2 Baths
2,276 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $760,000 $334 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,391/month

26 Days on Market

Highlights

  • Cape Cod Architecture
  • Skylights
  • Cooling Available
  • Wood Flooring
  • 1 Car Attached Garage
  • Bathtub with Shower

About This Home

As of October 2023

This classic Cape is located in popular Slate Hill Farm known for its quiet streets and well-kept homes. The house is conveniently situated just a few miles from shopping, beaches, vineyards and downtown Newport. The large, fenced back yard includes a free standing shed, an outdoor shower and an inviting new patio perfect for summer entertaining. Inside, the living room, dining area, and kitchen wrap around a central wood-burning fireplace. Two first-floor bedrooms and a full bathroom offer one-level living options. Upstairs, the primary suite includes a beautifully renovated bathroom and spacious sitting area suitable for an office or den. The partially finished basement could be a playroom or space for overflow guests, and the attached garage provides lots of extra storage.

Last Agent to Sell the Property

Leslie Hogan

Hogan Associates Christie's Brokerage Phone: 401-641-4608 License #REB.0016899 Listed on: 08/14/2023

Last Buyer's Agent

Meredith LeBlanc

Hogan Associates Christie's License #RES.0040965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1957

Lot Details

  • 0.56 Acre Lot
  • Fenced
  • Property is zoned R20

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Aluminum Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Utility Room
  • Storm Doors
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Slate Hill Farm Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 7SOUTHDRMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,839

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Subdivision Name: Slate Hill Farm
  • Above Grade Finished Sq Ft: 1876.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-641-4608
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oil Water Heater, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Cable TV
  • Living Area: 2276.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Aluminum Siding, Shingle Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Available, Sewer Connected, Water Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24394.0
  • Parcel #: 7SOUTHDRMDLT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5839.0
  • Tax Lot: 61
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 6, 2023
Sold by
Bellagamba Andrew T
Bought by
Kelly Stephen J and Kelly Megan T
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Meredith LeBlanc
Hogan Associates Christie's
List Price
$749,000
Sold Price
$760,000
Premium/Discount to List
$11,000
1.47%
Views
83
Current Estimated Value
$871,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,728
Avg. Annual Appreciation
4.33%
Original Mortgage
$450,000
Outstanding Balance
$443,320
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$380,419

Purchase Details

Closed on
Mar 22, 2022
Sold by
Huntoon David M and Huntoon Laura M
Bought by
Bellagamba Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2005
Sold by
Mileski William J and Mileski Frances
Bought by
Huntoon David M and Huntoon Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
P-Hartnett Margaret
Bought by
Mileski William J and Mileski Kerri
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
Kelly Stephen J $760,000 None Available
Bellagamba Andrew T $520,000 None Available
Huntoon David M $482,000 --
Mileski William J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Stephen J $450,000
Previous Owner Bellagamba Andrew T $468,000
Previous Owner Huntoon David M $245,000
Previous Owner Mileski William J $336,000
Previous Owner Mileski William J $359,650
Previous Owner Mileski William J $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $760,000 +1.5% $334 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $749,000 0.0% $329 / Sq Ft
06/14/2014 06/14/14 For Rent $2,400 0.0% --
06/14/2014 06/14/14 Rented $2,400 -- --
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 $7,688 $682,800 $399,600 $283,200
2023 $6,116 $485,800 $292,200 $193,600
2022 $5,839 $485,800 $292,200 $193,600
2021 $5,839 $485,800 $292,200 $193,600
2020 $5,600 $407,000 $224,800 $182,200
2018 $5,596 $407,000 $224,800 $182,200
2016 $5,739 $372,200 $204,500 $167,700
2015 $5,598 $372,200 $204,500 $167,700
2014 $5,742 $357,300 $186,100 $171,200
2013 $5,613 $357,300 $186,100 $171,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1341601

State-Wide MLS

APN: MIDD-000117-000000-000061