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Backup Offers

255 Purgatory Rd, Middletown, RI, 02842

$1,000,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,250 SqFt
$444/SqFt
House

Location

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255 Purgatory Rd, Middletown$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year Built1950
HeatingHot Water, Oil
CoolingNone
BasementYes
FireplaceMasonry, Stone
MLS #1372992
Lot Size0.34 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 255 Purgatory Rd

Discover a fantastic opportunity in the sought- after Easton's Point! Perfectly situated on a spacious corner lot between First and Second Beach, this estate sale offers unmatched potential to create your ideal coastal retreat. With scenic water views, an unbeatable location, and room to expand, this property is ready for transformation. This inviting home invites you to bring your vision and add value, creating the ultimate vacation escape, rental investment, or year-round residence. Make this coastal gem your own and embrace the quintessential beachside lifestyle. Sale is subject to final probate court approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Ranch
  • Year Built: 1950
  • Stories: 2
  • Living Area: 2,250 SqFt

Listing Office:

  • Office Name: RE/MAX Results
  • Office Phone: (401) 848-7827

Interior Features

Interior Information:

  • Appliances: Water Heater, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl
  • Fireplace: Masonry, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • Virtual Tour: 255 Purgatory Rd
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Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Oil
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $444/SqFt

Tax Information:

  • Annual Amount: $6,621
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Middletown, RI.

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Middletown, RI

City

Med. Sold Price

$717.5K

Med. Price/SqFt

$427

Avg. Days On Market

70

# of Sold Homes

11

255 Purgatory Rd vs Middletown

33 DAYS ON ROCKET

-37 Days

$1,000,000

+$282.5K More

$444/SqFt

+$17 More

KEY TAKEAWAY

This property is $282.5K more than the Median Sold Price and $17/SqFt more than other homes in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1372992

Listing Office:

  • Office Name: RE/MAX Results
  • Office Phone: (401) 848-7827

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 03, 1995Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,621$467,800
2018$6,432$467,800

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4475231
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.97 miles

  • Public District Grades PK-4

school-card-donut-4475232
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 2.11 miles

  • Public District Grades 4-4

school-card-donut-4475233
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 5.39 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,881. Typical income of Middletown, RI residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Middletown, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Middletown, RI?

Middletown's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that span from classic colonial to contemporary. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience. The area's construction history is varied, with many homes dating back to the mid-20th century, while recent developments have introduced modern amenities and designs into the mix.

Is Middletown, RI a good place to live?

Middletown is celebrated for its serene coastal charm and a strong sense of community. The town's character is defined by its picturesque landscapes, including well-maintained beaches and public parks that offer residents a peaceful retreat. Local events and festivals throughout the year, such as the Middletown Founders Day Parade, reflect the town's rich history and foster a sense of pride among residents. The community's ambiance is further enhanced by its commitment to preserving its natural beauty and historical significance.

Are things conveniently located in Middletown, RI?

The community is served by a range of essential services, ensuring residents have access to necessary amenities. The educational landscape includes several public schools that cater to different age groups, as well as private institutions that offer alternative educational pathways. Healthcare needs are met by local clinics and nearby hospitals that provide a spectrum of medical services. Middletown also features a public library system that supports lifelong learning. Retail and dining options are plentiful, with local businesses and eateries reflecting the town's coastal culture and culinary diversity.

What does the transportation in Middletown, RI look like?

Transportation in Middletown is facilitated by a network of roads that connect residents to neighboring cities and attractions. Public transit options are available, providing connections to key areas within the town and beyond. The community's layout encourages walkability in certain districts, particularly around commercial centers and residential neighborhoods. For those who prefer cycling, there are bike-friendly routes that make navigating the town more accessible. While specific ride-sharing services are not mentioned, such options are commonly used by residents for added convenience.

Frequently Asked Questions About 255 Purgatory Rd

What is the listing price of this property?

The listing price of 255 Purgatory Rd property is $1,000,000.

What type of property is this?

The property 255 Purgatory Rd is a house located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Accepting Backup Offers: 255 Purgatory Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,621 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 3, 1995 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 255 Purgatory Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 255 Purgatory Rd is 2,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 255 Purgatory Rd is 1950.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›255 Purgatory Rd

This home is located at 255 Purgatory Rd in Middletown, RI and zip code 02842. This 2,250 square foot home, which was built in 1950, sits on a 0.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,000,000.

In November 2024 more than 2 listings in Middletown, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Middletown, RI decreased by 5.7% between October 2024 and November 2024. Listings spent 70 days on the market in November 2024, and had a median list price of $717,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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