See Home Value
Newport East 02842
453 Paradise Avenue
$2,084,508*
House - Off Market

453 Paradise Avenue

Middletown, RI 02842
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3840 Sqft
$1,796,000 - $2,194,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Apr 11, 2023
$1,900,000
$2,000,000 by Banknewport
Mortgage
Sold Dec 21, 2018
$950,000
$855,000 by Navy Fcu
Mortgage

About This Property

Welcome to "Brook 'N Sea" the Thomas S. Barker House c. 1876.  This historic farmhouse is sited on 1.52 acres backing up to the Maidford River and 1/2 mile from the Atlantic Ocean & Second beach. With 215 feet of frontage on Paradise Ave and set behind a tall and beautiful stone wall, this residence is awaiting a new owner to make it their own.  Currently the home has been dismantled on the inside with floor joists replaced or sistered and has all new windows installed. The site includes the original farmhouse, horse barn, and 3 car garage backing up to a babbling brook and beautiful pastoral views.  Minutes to Sachuest Point, Sweetberry Farm, St. George's School, and downtown Newport, yet quiet and rural.  The perfect place to build your family compound. House is being sold "as is" project for the Buyer to complete.  See also MLS #1317260

The manager has listed the unit size as 3840 square feet.
Unit Size
3,840Ft²
Days on Market
-
Land Size
1.52 acres
Price per sqft
$520
Property Type
House
Property Taxes
$990
HOA Dues
-
Year Built
1876

Price History

Date / Event Date Event Price
Apr 11, 2023 Sold to Anna Vetor, Ian A Mclaughlin $1,900,000
Sold to Anna Vetor, Ian A Mclaughlin
Feb 8, 2023 No longer available -
No longer available
Nov 9, 2022 Price Decreased $1,995,000
↓ $300K (13.1%)
Price Decreased
Aug 5, 2022 Listed $2,295,000
Listed
Dec 21, 2018 Sold to Brian P Mcdonald, Mary E Ro... $950,000
Sold to Brian P Mcdonald, Mary E Ro...
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1876
  • Effective Year Built: 1876
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Historical
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,776
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 66,211
  • Total Building Area: 3,840
  • Gross Building Area: 6,588
  • Building Area: 3,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,840
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.52
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCLAUGHLIN IAN A
  • Current Owner 2: VETOR ANNA
  • Previous Owner : MCDONALD BRIAN P
  • Previous Owner 2: MCDONALD MARY E
  • Owner Before Previous Owner: MARTIAL T
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: MIDDLETOWN PS
  • Census Tract: 040400

Zoning

  • Zoning: R30

Geography

  • Account Number: 202300135
  • Parcel: MIDD M:0121 B:00 L:15
  • Lot: 15
  • Municipality: MIDDLETOWN
  • Latitude: 41.4969
  • Longitude: -71.2676

    Address

  • Full Address: 453 Paradise Ave
  • Address - House Number: 453
  • Address - Street Name: Paradise
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Middletown
  • Carrier Code: R001
  • 4-Digit Zip Code: 5730
  • Zip Code: 02842

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,334

    Appraisal Valuation

  • Standard Deviation: 0.2308
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 1,920,591
  • High Value: 2,363,928
  • Low Value: 1,477,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: BANKNEWPORT
  • First Open Lien Mortgage Recording Date: Apr 11, 2023
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $979,700
  • Assessed Land Value: $597,800
  • Assessed Improvements Value: $381,900

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Transaction ID: 11905034703
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 516
  • Previous Sale Recording Date: Dec 21, 2018
  • Previous Sale Contract Date: Dec 21, 2018
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANKNEWPORT
  • First Mortgage Transaction Date: Apr 11, 2023
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Dec 21, 2018
  • Previous Mortgage Loan Amount: $855,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
5 Beds
5 Baths
-
$1,800,000 Jul 25, 2012
$1,800,000 Jan 4, 2013
$3,636/mo

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Frequently Asked Questions

When was property at 453 Paradise Avenue built and last sold?
The property at 453 Paradise Avenue was built in 1876 and last sold on Apr 11, 2023 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 453 Paradise Avenue is $2,317,950.
What are some comparable homes to 453 Paradise Avenue?
Homes that are comparable to 453 Paradise Avenue include a condo property at 575 Tuckerman Avenue, located in Middletown, RI.

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