NOT LISTED FOR SALE

786 Indian Ave Middletown, RI 02842

Whitehall Neighborhood

Estimated Value: $1,590,000 - $2,202,000

5 Beds
3.5 Baths
2,718 Sq Ft
$675/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $850,000 $313 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $11,706/month

320 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 1.25 Acre Lot
  • Water Views
  • Tennis Courts
  • Colonial Architecture

About This Home

As of June 2020

ESTATE SALE - FIRST TIME OFFERED IN GENERATIONS - STATELY INDIAN AVENUE 2700 SQUARE FOOT FEDERAL-STYLE COLONIAL WITH NEWLY RESURFACED TENNIS COURT SITED ON 1.2 LUSH ACRES. Long tree-lined drive allows for nice setback from sought-after Indian Avenue. Some water views from upper levels. Features include a 3-car garage, some split-level air conditioning units in portions of the home, pretty sunlight, en suite master bedroom, heated sun room overlooking beautifully hardscaped grounds. Rare flat corner lot in ideal location. Walk to pebble beach, minutes to Second and Third Beaches as well as downtown Newport. House in need of updating. Incredible opportunity to own a signature property on Indian Avenue. Inspection report available, being sold in “as is” condition. See MLS #1232176 for separate lot & #1232148.

Last Listed By

Eric Kirton

Compass / Lila Delman Compass License #REB.0018697 Listed on: 07/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,455

Year Built

  • Built in 1900

Lot Details

  • 1.25 Acre Lot
  • Corner Lot
  • Property is zoned R40

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,718 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Walking Distance to Water
  • Tennis Courts

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 786INDIANAVMDLT

Community Details

Overview

  • Indian Avenue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,455

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Subdivision Name: INDIAN AVENUE
  • Above Grade Finished Sq Ft: 2718.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2718.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 13.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, 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: 54450.0
  • Parcel #: 786INDIANAVMDLT
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15455.0
  • Tax Lot: 43
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Kelly Michael F and Manning Annabel F
Bought by
Michael F Kelly T
Total Days on Market
320
Current Estimated Value
$1,835,191

Purchase Details

Listed on
Jul 15, 2019
Closed on
Jun 29, 2020
Sold by
Beatrice B Bazarsky Ret
Bought by
Kelly Michael J and Manning Annabel F
Seller's Agent
Eric Kirton
Compass / Lila Delman Compass
Buyer's Agent
Eric Kirton
Compass / Lila Delman Compass
List Price
$1,495,000
Sold Price
$850,000
Premium/Discount to List
-$645,000
-43.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%
Original Mortgage
$680,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Michael F Kelly T -- None Available
Kelly Michael J $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Michael J $680,000
Previous Owner Kelly Michael J $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $850,000 -43.1% $313 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
07/15/2019 07/15/19 For Sale $1,495,000 -- $550 / 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 $17,203 $1,527,800 $1,125,100 $402,700
2023 $11,652 $925,500 $586,000 $339,500
2022 $11,125 $925,500 $586,000 $339,500
2021 $11,125 $925,500 $586,000 $339,500
2020 $15,437 $1,121,900 $799,100 $322,800
2018 $15,455 $1,124,000 $801,200 $322,800
2016 $16,317 $1,058,200 $666,500 $391,700
2015 $15,915 $1,058,200 $666,500 $391,700
2014 $14,299 $889,800 $498,100 $391,700
2013 $13,979 $889,800 $498,100 $391,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Kirton

    Seller's Agent in 2020

    Eric Kirton

    Compass / Lila Delman Compass

    (401) 743-2744

    18 in this area

    104 Total Sales

    Eric Kirton
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1229014

State-Wide MLS

APN: MIDD-000129-000000-000043

Rhode Island Newport County Middletown 02842 Whitehall

786 Indian Ave, Middletown, RI

Homes for Sale in Middletown, RI

This home is located at 786 Indian Ave, Middletown, RI 02842 since 15 July 2019 and is currently estimated at $1,835,191, approximately $675 per square foot. This property was built in 1900. 786 Indian Ave is a home located in Newport County with nearby schools including Middletown High School, The Pennfield School, and St George's School.

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