NOT LISTED FOR SALE

97-99 Allston Ave Middletown, RI 02842

Newport East Neighborhood

Estimated Value: $1,068,000 - $1,477,558

2 Beds
2 Baths
1,726 Sq Ft
$718/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $470,000 $272 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $7,696/month

176 Days on Market

Highlights

  • Marina
  • Deck
  • Wooded Lot
  • Golf Course Community
  • Private Lot
  • Wood Flooring

About This Home

As of October 2017

Unique Two Family Home consisting of 2 separate buildings ideally located between First and Second Beaches. Perfect owner occupied property with income completely separated in all ways for your private enjoyment. The main house has one bedroom, living room with fireplace, updated kitchen/dining area with sliders to private deck. 2nd floor could be extra sleeping/office or dry storage. Full basement and oil heat. The second property is a free standing cottage has 1 bedroom/bath, living room, eat in kitchen with own laundry, deck, yard area, driveway and gas heat. Hardwood floors throughout both properties. Great location for summer or year round. Close to everything yet private and peaceful.

Last Agent to Sell the Property

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 03/17/2017

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,726 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 246 / SE
  • Assessor Parcel Number 97-99AllstonAVMDLT

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Purgatory/Beaches Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,492

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Subdivision Name: Purgatory/Beaches
  • Above Grade Finished Sq Ft: 1726.0
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, 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: 10454.0
  • Parcel #: 97-99AllstonAVMDLT
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5492.0
  • Tax Block: SE
  • Tax Lot: 246
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Oct 10, 2017
Sold by
Reardon Suzanne
Bought by
Daly Marilyn
Seller's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Current Estimated Value
$1,239,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,640
Avg. Annual Appreciation
12.40%
Original Mortgage
$454,313
Outstanding Balance
$381,509
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$798,811

Purchase Details

Closed on
May 23, 2005
Sold by
Benkhart Carlyne R
Bought by
Reardon Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,800
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Daly Marilyn $470,000 --
Reardon Suzanne $594,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Marilyn $454,313
Previous Owner Benkhart Carlyne R $415,800
Previous Owner Benkhart Carlyne R $189,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $470,000 -14.5% $272 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $550,000 -- $319 / 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 $11,293 $1,002,900 $717,300 $285,600
2023 $7,711 $612,500 $384,000 $228,500
2022 $7,362 $612,500 $384,000 $228,500
2021 $7,362 $612,500 $384,000 $228,500
2020 $6,152 $447,100 $256,900 $190,200
2018 $6,148 $447,100 $256,900 $190,200
2016 $5,493 $356,200 $187,200 $169,000
2015 $5,357 $356,200 $187,200 $169,000
2014 $5,645 $351,300 $170,200 $181,100
2013 $5,519 $351,300 $170,200 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Edith Cushing

    Seller's Agent in 2017

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    2 in this area

    51 Total Sales

    Edith Cushing
    Section Image
  • Teri Degnan

    Buyer's Agent in 2017

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    21 in this area

    138 Total Sales

    Teri Degnan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1154230

State-Wide MLS

APN: MIDD-000115-S000000E-000246

Rhode Island Newport County Middletown 02842 Newport East

97-99 Allston Ave, Middletown, RI

This home is located at 97-99 Allston Ave, Middletown, RI 02842 since 17 March 2017 and is currently estimated at $1,239,640, approximately $718 per square foot. This property was built in 1920. 97-99 Allston Ave is a home located in Newport County with nearby schools including Middletown High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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