Seller's Agent in 2021
George Tollefson
Lila Delman Compass
(401) 339-1371
5 in this area
11 Total Sales
93 Maple Ave Middletown, RI 02842
Estimated Value: $665,662 - $780,000
5
Beds
2
Baths
3,144
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Marina
- Wooded Lot
- Attic
- Golf Course Community
- Wood Flooring
- Tennis Courts
About This Home
As of June 2021A turnkey moneymaker! Fantastic opportunity to own a charming income-producing 2-family home. This classic New England cottage just minutes from downtown Newport and the Naval station has undergone extensive renovations including new kitchens and baths, new water heater, fresh paint in and out, and new windows and flooring. The first floor has a large LR with fireplace, 3 bedrooms and 1 bath. The second floor with limited seasonal water views, has a living room, 2 bedrooms and 1 bath. A full high-ceilinged basement has inside and outside access.
The property, set on a quiet street, is newly landscaped with a large backyard perfect for outdoor entertaining. Plenty of room for socially-distanced fun around the firepit , pergola and lovely mature trees. Several off street parking spaces are available on the new seashell driveway. Currently being used as a very lucrative short term rental property with owners unit on second level and established digital presence.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0035334 Listed on: 02/15/2021
Last Buyer's Agent
Hillary Olinger
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,400
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Wooded Lot
Home Design
- Combination Foundation
- Aluminum Siding
- Plaster
Interior Spaces
- 3,144 Sq Ft Home
- 2-Story Property
- Stone Fireplace
- Wood Flooring
- Attic
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 5 Parking Spaces
- No Garage
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 95
- Assessor Parcel Number 93MAPLEAVMDLT
Community Details
Overview
- 2 Units
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2021
Closed on
Jun 11, 2021
Sold by
Mcpherson Edward
Bought by
Adams Kenneth M
Seller's Agent
George Tollefson
Lila Delman Compass
Buyer's Agent
Hillary Olinger
List Price
$615,000
Sold Price
$605,000
Premium/Discount to List
-$10,000
-1.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,549
Avg. Annual Appreciation
3.95%
Original Mortgage
$453,750
Outstanding Balance
$409,020
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,896
Purchase Details
Listed on
Jun 9, 2018
Closed on
Aug 20, 2018
Sold by
K E Herron Venancio Re
Bought by
Mcpherson 4Th Edward
Seller's Agent
Christopher Davis
Hogan Associates Christie's
Buyer's Agent
George Tollefson
Lila Delman Compass
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.91%
Original Mortgage
$284,747
Interest Rate
4.62%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adams Kenneth M | $605,000 | None Available | |
| Mcpherson 4Th Edward | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adams Kenneth M | $453,750 | |
| Previous Owner | Mcpherson 4Th Edward | $284,747 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2021 06/11/21 | Sold | $605,000 | -1.6% | $192 / Sq Ft | |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- | |
| 02/15/2021 02/15/21 | For Sale | $615,000 | +112.1% | $196 / Sq Ft | |
| 08/20/2018 08/20/18 | Sold | $290,000 | -3.0% | $92 / Sq Ft | View Prior Sale |
| 07/21/2018 07/21/18 | Pending | -- | -- | -- | |
| 06/09/2018 06/09/18 | For Sale | $299,000 | -- | $95 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,963 | $590,600 | $307,200 | $283,400 |
| 2024 | $6,650 | $590,600 | $307,200 | $283,400 |
| 2023 | $4,860 | $386,000 | $158,600 | $227,400 |
| 2022 | $4,640 | $386,000 | $158,600 | $227,400 |
| 2021 | $3,820 | $317,800 | $158,600 | $159,200 |
| 2020 | $3,446 | $250,400 | $94,800 | $155,600 |
| 2018 | $3,443 | $250,400 | $94,800 | $155,600 |
| 2016 | $3,799 | $246,400 | $98,300 | $148,100 |
| 2015 | $3,706 | $246,400 | $98,300 | $148,100 |
| 2014 | $3,691 | $229,700 | $104,200 | $125,500 |
| 2013 | $3,609 | $229,700 | $104,200 | $125,500 |
Source: Public Records
Agents Affiliated with this Home
-
George Tollefson
-
Julie Warburg
Seller Co-Listing Agent in 2021
Julie Warburg
Lila Delman Compass
(203) 856-3158
2 in this area
7 Total Sales
-
H
Buyer's Agent in 2021
Hillary Olinger
-
Christopher Davis
C
Seller's Agent in 2018
Christopher Davis
Hogan Associates Christie's
(401) 239-7719
8 in this area
17 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1275322
APN: MIDD-000107-S000000W-000095
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