NOT LISTED FOR SALE

Estimated Value: $1,033,000 - $1,468,000

4 Beds
3 Baths
2,860 Sq Ft
$410/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $1,100,000 $385 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,334/month

234 Days on Market

Highlights

  • 4.86 Acre Lot
  • 9 Car Detached Garage
  • Bathtub with Shower
  • Wood Flooring
  • Porch
  • Shops

About This Home

As of April 2021

This 4.86 acre parcel abuts Newport National Golf Club. Located in both an R-40 and R-30 zone, a sub-division is possible. A 2-dwelling farmhouse sits on the land and there are several garages in the outbuildings that are ideal for vehicle storage or rentals. The second floor of the farmhouse has been completely renovated with views over the hills and fields. A well is on the property but needs repair. There is a new 4 bedroom septic system.

Last Listed By

Kate Leonard

Compass / Lila Delman Compass License #RES.0031901 Listed on: 07/16/2020

Compass / Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,898

Year Built

  • Built in 1890

Lot Details

  • 4.86 Acre Lot

Parking

  • 9 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2,3
  • Assessor Parcel Number 955WAPPINGRDMDLT

Community Details

Overview

  • 4 Buildings
  • 2 Units
  • Wapping/Newport National Golf Club Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,898

Year Built

Built in 1890

Lot Details

0

Parking

9

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.86
  • Subdivision Name: Wapping/Newport National Golf Club
  • Above Grade Finished Sq Ft: 2860.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 4
  • Appliances: Oil Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Multiple lots
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: See Remarks
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 9.0
  • Garage Spaces: 9.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 29.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 211701.6
  • Parcel #: 955WAPPINGRDMDLT
  • Zoning: R40,R30
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5898.0
  • Tax Lot: 2,3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Apr 6, 2021
Sold by
A1 Roofing & Const Llc
Bought by
955 Wapping Llc
Seller's Agent
Kate Leonard
Compass / Lila Delman Compass
Buyer's Agent
Kate Leonard
Compass / Lila Delman Compass
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
234
Current Estimated Value
$1,173,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,517
Avg. Annual Appreciation
4.21%

Purchase Details

Listed on
Jul 19, 2016
Closed on
Oct 28, 2016
Sold by
Gomes Silvia Margaret
Bought by
A 1 Roofing & Constr Llc
Seller's Agent
Kate Leonard
Compass / Lila Delman Compass
Buyer's Agent
Kate Leonard
Compass / Lila Delman Compass
List Price
$439,000
Sold Price
$440,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.86%
Original Mortgage
$330,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in the area

  • 576 E Main Rd, Middletown, RI 02842

    $1,250,000

    • 4 Beds
    • 2 Baths
    • 2,079 Sq Ft
    • 576 E Main Rd
    • Middletown, RI

    Two homes being sold together! Both homes were built in 1940 with quality construction and an appreciation for detailed craftsmanship as evidenced with the flooring and trim work. The back house located at 578 East Main Road has been the family home for decades. Comprised of two bedrooms, first floor laundry, and dedicated dining and living rooms, the sweetness of this home is idyllic. The front

    Karin Jackson Compass / Lila Delman Compass

    Section Image
  • 476 Green End Ave, Middletown, RI 02842

    $1,295,000

    • 4 Beds
    • 4 Baths
    • 3,720 Sq Ft
    • 476 Green End Ave
    • Middletown, RI

    Located just off Aquidneck Ave this pristine side-by-side duplex offers a blend of modern style and comfort. Each unit includes 2 bedrooms and 1.5 baths making an ideal option for owner-occupancy with rental income opportunity. Both units feature open floorplans with stainless steel appliances, granite countertops, electric fireplaces, in-unit laundry, air conditioning, luxury vinyl flooring

    Teri Degnan Teri Degnan RE & Consulting

    Section Image
  • 132 Maple Ave, Middletown, RI 02842

    $975,000

    • 6 Beds
    • 2 Baths
    • 2,848 Sq Ft
    • 132 Maple Ave
    • Middletown, RI

    Unlock a steady stream of income with this turnkey two-family home located at 132 Maple Avenue in the desirable community of Middletown, Rhode Island. This fully rented property presents an exceptional opportunity for investors seeking a strong return on investment in a thriving rental market. Both units feature updated kitchens and stainless steel appliances, updated bathrooms with beautifully

    Arthur Chapman William Raveis Inspire

    Section Image
  • 33 Almy St, Newport, RI 02840

    $999,999

    • 5 Beds
    • 3 Baths
    • 2,009 Sq Ft
    • 33 Almy St
    • Newport, RI

    Discover an exceptional investment opportunity in the heart of Newport, Rhode Island! This versatile two-unit multi-family property offers a blend of historic charm and modern convenience. Each spacious unit features well-appointed living areas, ensuring comfort and style. A detached finished converted garage provides additional space, perfect for a home office, art studio, dance studio or

    Bethany Cox HomeSmart Professionals

    Section Image
  • 6 Gladding Ct, Newport, RI 02840

    $1,425,000

    • 4 Beds
    • 4 Baths
    • 2,290 Sq Ft
    • 6 Gladding Ct
    • Newport, RI

    Nestled in the charming historic Point neighborhood of Newport, this delightful multi-family property offers options for investment or comfortable year-round residence. Each unit is spacious and inviting, with 2 bedrooms, 2 baths, and open living, dining, kitchens and laundry. Enjoy private outdoor space with one unit boasting a patio area and the other a large deck, plus a shared yard, bike

    Holly Mclear Hogan Associates Christie's

    Section Image
  • 54 Coggeshall Ave, Newport, RI 02840

    $1,295,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 54 Coggeshall Ave
    • Newport, RI

    Thoughtfully updated multi-family with mansard roof line located in the heart of Newport, RI. Nestled close to the beaches and lower Thames, this neighborhood offers an ideal blend of relaxation and convenience. Sited on a 7,000 square foot lot, the entire home spans 2,000 square feet of living space totaling four bedrooms and two bathrooms. The east facing windows flood the home with natural

    Karin Jackson Compass / Lila Delman Compass

    Section Image

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
955 Wapping Llc $1,100,000 None Available
955 Wapping Llc $1,100,000 None Available
A 1 Roofing & Constr Llc $440,000 --
A 1 Roofing & Constr Llc $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A 1 Roofing & Constr Llc $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $1,100,000 0.0% $385 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
07/16/2020 07/16/20 For Sale $1,100,000 +150.0% $385 / Sq Ft
10/27/2016 10/27/16 Sold $440,000 +0.2% $211 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $439,000 -- $211 / 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 $9,548 $848,000 $454,500 $393,500
2023 $8,029 $637,700 $259,100 $378,600
2022 $7,665 $637,700 $259,100 $378,600
2021 $6,277 $522,200 $259,100 $263,100
2020 $5,898 $428,600 $205,500 $223,100
2018 $5,893 $428,600 $205,500 $223,100
2016 $5,963 $386,700 $180,100 $206,600
2015 $5,816 $386,700 $180,100 $206,600
2014 $5,316 $330,800 $168,300 $162,500
2013 $5,197 $330,800 $168,300 $162,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1258863

State-Wide MLS

APN: MIDD-000128-000000-000002