3 months on rocket

444 Purgatory Ln, Middletown, RI, 02842

$5,630,000

7 Bedrooms
7 Full Baths, 1 Partial
6,988 SqFt
$806/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built2016
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Water Access, Waterfront
FireplaceGas, Marble
ViewWater
MLS #1357797
Lot Size0.50 Acres
StatusActive

About 444 Purgatory Ln

The epitome of coastal living awaits at this breathtaking water view estate nestled at the end of a private cul-de-sac and boasting panoramic,commanding views of Second Beach, Sachuest Point, and the Ocean.Abutting over 10 acres of pastoral open space, as well as the Fredrick Law Olmsted-designed 125-acre protected grounds of St.George's School,this uniquely appointed seven en-suite bedroom private retreat provides breathtaking water views and vistas.The property is an idyllic haven for anyone seeking a blend of luxury and coastal charm just steps away from a south facing, mile long beach,Surfers End, featuring great surf and sand.The first floor beach/ocean-facing open plan features a wall of glass, spacious primary suite, additional en-suite bedroom, indoor/outdoor dining living spaces gas fireplaces,including an expansive waterside deck, all designed for beach and ocean entertaining.Four en-suite bedrooms are located on the second floor, with three of them facing beach and ocean, and two with decks.With a town approved permit just issued,a buyer will have the option to install a pool to enhance the unique value of this beachfront oasis.Appointments and finishes throughout speak to the commitment of quality and luxury,while an elevator and two first-floor bedrooms focus on accessibility.With its proximity to the ocean and downtown,it offers both serene surroundings and convenient access to historic Newport Harbor's world class shopping, dining, and entertainment.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2016
  • Stories: 2
  • Living Area: 6,988 SqFt

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Marble
  • Interior: Wet Bar, Elevator, Cable TV
  • Fireplace: Gas, Marble

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Beach, Water Access, Waterfront
  • View: Water
  • Exterior: Deck, Patio

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Middletown High School, Public District Grades 9-12
  • Joseph H. Gaudet School, Public District Grades 5-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,630,000
  • Price Per SqFt: $806/SqFt

Tax Information:

  • Annual Amount: $31,077
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$695.5K

Med. Price/SqFt

$390

Avg. Days On Market

41

# of Sold Homes

13

444 Purgatory Ln vs Middletown

106 DAYS ON ROCKET

+65 Days

$5,630,000

+$4.9M More

$806/SqFt

+$415 More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price and $415/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: #1357797

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

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: 9/7/2024, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 01, 2020Home Sold
$3,550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$31,077$2,258,500
2018$34,238$2,490,000

History based on county public records data.

Payment Calculator

$28.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.9K

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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.

Middle School

school-card-donut-1122717
8
/10
  • Joseph H. Gaudet School

  • 1113 Aquidneck Ave

  • 2.14 miles

  • Public District Grades 5-8

High School

school-card-donut-1122718
4
/10
  • Middletown High School

  • 130 Valley Rd

  • 2.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,881. Residents of Middletown, RI typically earn between $35k-100k each year. The majority of 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.

Types of housing 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.

What is it like to live in Middletown, RI?

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.

Is it easy to get around Middletown, RI without a car?

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.

Transportation in Middletown, RI.

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 444 Purgatory Ln

What is the listing price of this property?

The listing price of 444 Purgatory Ln property is $5,630,000.

What type of property is this?

The property 444 Purgatory Ln is a house located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Active Listing: 444 Purgatory Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 444 Purgatory Ln are:
Joseph H. Gaudet School: GreatSchools Rating 8/10
Middletown High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $31,077 (source: MLS/based on county public records data).

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

The last sale was on May 1, 2020 for $3,550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 444 Purgatory Ln has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 444 Purgatory Ln is 6,988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 444 Purgatory Ln is 2016.
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Rocket Homes›Rhode Island›Newport County›Middletown›02842›444 Purgatory Ln

This home is located at 444 Purgatory Ln in Middletown, RI and zip code 02842. This 6,988 square foot home, which was built in 2016, sits on a 0.50 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $5,630,000.

In August 2024, from all listings sold in Middletown, RI there were more than 4 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. In August 2024 in Middletown, RI there were 3.2% less homes for sale than in July 2024. While the average time on the market in August 2024 was 41 days, the median list price was $695,500.

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

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