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299 Prospect Ave, Middletown, RI, 02842

$995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,560 SqFt
$638/SqFt
House

Location

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299 Prospect Ave, Middletown$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1900
HeatingElectric, Heat Pump
CoolingHeat Pump
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1372729
Lot Size0.11 Acres
StatusActive

About 299 Prospect Ave

Beautifully renovated 3-bedroom 2.5 bath Middletown home that combines classic charm with modern elegance. This 1,800-square-foot residence sits high on a corner lot and is flooded with natural light. The open floor plan is lined with windows creating a bright living and dining area adjacent to a gourmet kitchen. It is a true entertainer's dream with a large island with a quartz countertop and stainless-steel appliances. The first floor also offers a flex room that is currently used as a laundry area and office. The Murphy bed makes the bonus room the perfect space for overflow guests. The second floor is home to three bedrooms and two full bathrooms including the primary en-suite that is complete with a walk-in closet and original details that were preserved to keep the character of the home. There are beautiful hardwood floors throughout the home as well as mini splits to keep the house cool on summer days. The property is fully fenced-in and professionally landscaped. In addition, the house is wired for a hot tub, and there is a gravel area perfect for a fire pit. The back deck and ample parking with easy access to all that Middletown and Newport make this the perfect coastal retreat. The property has a strong history of short-term rental. Buyer to do their due diligence to acquire proper licensing and registration for short-term rentals.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 848-2101

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Bathtub, Stall Shower, Tub Shower, Furnished
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $638/SqFt

Tax Information:

  • Annual Amount: $5,813
  • 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

299 Prospect Ave vs Middletown

36 DAYS ON ROCKET

-34 Days

$995,000

+$277.5K More

$638/SqFt

+$211 More

KEY TAKEAWAY

This property is $277.5K more than the Median Sold Price and $211/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: #1372729

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 848-2101

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 15, 2020Home Sold
$444,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,813$350,100
2018$4,814$350,100

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-4479355
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 1.34 miles

  • Public District Grades 4-4

school-card-donut-4479356
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.48 miles

  • Public District Grades PK-4

school-card-donut-4479357
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 5.26 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 $71,173. The most common annual income of people living in Middletown, RI is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

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 299 Prospect Ave

What is the listing price of this property?

The listing price of 299 Prospect Ave property is $995,000.

What type of property is this?

The property 299 Prospect Ave is a house located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Active Listing: 299 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,813 (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 15, 2020 for $444,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 299 Prospect Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 299 Prospect Ave is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 299 Prospect Ave is 1900.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›299 Prospect Ave

This home is located at 299 Prospect Ave in Middletown, RI and zip code 02842. This 1,560 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $995,000.

In November 2024, from all listings sold in Middletown, RI there were more than 2 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. Between October 2024 and November 2024, Middletown, RI real estate market has seen decrease in the number of listings by 5.7%. 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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