NOT LISTED FOR SALE

91 Reservoir Rd Unit 93 Middletown, RI 02842

Estimated Value: $1,164,000 - $1,365,000

5 Beds
3 Baths
2,660 Sq Ft
$474/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $687,500 $258 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,603/month

13 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Cathedral Ceiling
  • Deck
  • Raised Ranch Architecture
  • Attic

About This Home

As of October 2020

What can't this Easton's Point 5 bedroom, 3 full bathroom property do?! Open one interior door and the house pivots between multi-family and single-family accommodation, with no less than four points of entry. This house is a Raised Ranch, built on slab, with one 3 bedroom, 2 bathroom upper level and one 2 bedroom, 1 bathroom lower level. The lower level is considered at grade by appraisers, is fenestrated on all sides and has level walk-out to the backyard. For the last two years it has been used as a personal vacation get away and a permitted vacation rental, yielding an impressive ROI. With a 20 panel solar system, thoughtful insulation, replacement windows, and central A/C you can rest easy knowing your investment is sustainable, comfortable, and efficient. With close proximity to beaches, a skip away from Newport, plenty of parking, a cathedral ceiling, and a deck overlooking the backyard this property is the essence of extending convenience. Call this your home or your home-away-from-home today!

Last Agent to Sell the Property

Madeline Andrews

RE/MAX Results License #RES.0042240 Listed on: 09/16/2020

RE/MAX Results

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,736

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • Wooded Lot
  • Property is zoned R10

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,660 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 59
  • Assessor Parcel Number 9193RESERVOIRRDMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,736

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Above Grade Finished Sq Ft: 2660.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Common Water Heater, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower
  • Living Area: 2660.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Ductless, Heat Pump, 1 Unit, Wall Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump, Hot Water, Individual, Oil, Solar
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 9193RESERVOIRRDMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5736.0
  • Tax Lot: 59
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Meyerson Benjamin and Cummings Erin
Bought by
Rezzy Rhode Llc
Current Estimated Value
$1,261,779

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 22, 2020
Sold by
Murray David C and Joyce Joanna E
Bought by
Meyerson Benjamin and Cummings Erin
Seller's Agent
Madeline Andrews
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$699,000
Sold Price
$687,500
Premium/Discount to List
-$11,500
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$618,750
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 15, 2018
Closed on
Nov 30, 2018
Sold by
Joan M Gourgas Ret
Bought by
Murray David C and Joyce Joanna E
Seller's Agent
Barbara Jagolinzer
Williams & Stuart Real Estate
Buyer's Agent
Madeline Andrews
RE/MAX Results
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%
Original Mortgage
$363,750
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
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
Rezzy Rhode Llc -- None Available
Meyerson Benjamin $687,500 None Available
Murray David C $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyerson Benjamin $618,750
Previous Owner Murray David C $363,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $687,500 -1.6% $258 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $699,000 0.0% $263 / Sq Ft
04/10/2019 04/10/19 Rented $3,000 +150.0% --
03/11/2019 03/11/19 Under Contract -- -- --
02/27/2019 02/27/19 Rented $1,200 -29.4% --
02/24/2019 02/24/19 For Rent $1,700 0.0% --
01/28/2019 01/28/19 Under Contract -- -- --
12/16/2018 12/16/18 For Rent $1,700 0.0% --
11/30/2018 11/30/18 Sold $485,000 0.0% $182 / Sq Ft View Prior Sale
10/31/2018 10/31/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $485,000 -- $182 / 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 $11,814 $1,002,000 $326,500 $675,500
2024 $11,283 $1,002,000 $326,500 $675,500
2023 $8,083 $642,000 $238,100 $403,900
2022 $7,717 $642,000 $238,100 $403,900
2021 $7,717 $642,000 $238,100 $403,900
2020 $5,071 $368,500 $183,200 $185,300
2018 $5,067 $368,500 $183,200 $185,300
2016 $5,155 $334,300 $165,700 $168,600
2015 $5,028 $334,300 $165,700 $168,600
2014 $4,922 $306,300 $150,500 $155,800
2013 $4,812 $306,300 $150,500 $155,800
Source: Public Records

Agents Affiliated with this Home

  • Madeline Andrews

    Seller's Agent in 2020

    Madeline Andrews

    RE/MAX Results

    (401) 258-3225

    2 in this area

    11 Total Sales

    Madeline Andrews
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2020

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    93 in this area

    687 Total Sales

    Joe Fitzpatrick
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kevin Castner

    RE/MAX Results

    (401) 787-5194

    2 in this area

    19 Total Sales

    Kevin Castner
    Section Image

  • S

    Buyer's Agent in 2019

    Stephanie Buckner

    William Raveis Inspire

  • Barbara Jagolinzer

    Seller's Agent in 2018

    Barbara Jagolinzer

    Williams & Stuart Real Estate

    (401) 345-6666

    4 in this area

    33 Total Sales

    Barbara Jagolinzer
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1264718

State-Wide MLS

APN: MIDD-000115-S000000E-000059

Rhode Island Newport County Middletown 02842

91 Reservoir Rd Unit 93, Middletown, RI

Not Listed for Sale

Detached

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