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107 Purgatory Rd, Middletown, RI, 02842

$5,249,000

4 Bedrooms
2 Full Baths, 1 Partial
2,958 SqFt
$1,775/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year Built1890
HeatingBaseboard, Natural Gas, Hot Water, Radiant
CoolingNone
WaterfrontBeach, Ocean Front, Waterfront
FireplaceMasonry
ViewWater
MLS #1352083
Lot Size0.50 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 107 Purgatory Rd

Nestled along the pristine shores of the Atlantic Ocean, this beachfront property offers a rare and exquisite living experience. Located at the eastern end of Easton's Beach, the Land Trust Cottages form a compound of five charming shingle-style homes, built in the 1880s, each carefully designed to capture the breathtaking views of the Cliff Walk and the vast expanse of the Atlantic. Thanks to the visionary work of Frederick Law Olmsted, the renowned landscape architect behind Central Park in New York Olmsted's expertise is evident in the strategic positioning of each house, ensuring that residents enjoy the best possible vistas of Easton's Point and the iconic Cliff Walk. This 4-bedroom, 2.5 bath home seamlessly integrates with the natural beauty of its surroundings, creating a retreat that captures the essence of seaside living. Expansive windows grace the ocean-facing fa ade, offering panoramic views of the vast Atlantic Ocean. The outside terrace provides a perfect setting for al fresco dining, social gatherings, or simply relaxing while enjoying the sea breeze. The house stands as a testament to both craftsmanship and functionality. Positioned outside the flood zone, it offers peace of mind and security against the elements. This beachfront property, with its sandy beach, shingle-style elegance, and stunning Atlantic views, offers not only a serene retreat but also the convenience of easy access to nearby restaurants and the lively amenities of downtown Newport.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic/Antique
  • Year Built: 1890
  • Stories: 2
  • Living Area: 2,958 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, Oven, Range, Range Hood, Water Heater, Washer
  • Flooring Type: Ceramic Tile, Hardwood, Marble
  • Interior: Wet Bar, Tub Shower, Cable TV
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front, Waterfront
  • View: Water
  • Exterior: Porch, Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Middletown High School, Public District Grades 9-12
  • Joseph H. Gaudet School, Public District Grades 5-8
  • Aquidneck School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,249,000
  • Price Per SqFt: $1,775/SqFt

Tax Information:

  • Annual Amount: $32,278
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$695K

Med. Price/SqFt

$381

Avg. Days On Market

29

# of Sold Homes

7

107 Purgatory Rd vs Middletown

85 DAYS ON ROCKET

+56 Days

$5,249,000

+$4.5M More

$1,775/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $1.3K/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: #1352083

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: 4/27/2024, 8:25:15 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

Apr 28, 2000Home Sold
$1,250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$32,278$2,345,800
2018$32,255$2,345,800

History based on county public records data.

Payment Calculator

$26.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.8K

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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.

Elementary School

school-card-donut-1568825
5
/10
  • Aquidneck School

  • 70 Reservoir Ave

  • 0.55 miles

  • Public District Grades PK-3

Middle School

school-card-donut-1568826
6
/10
  • Joseph H. Gaudet School

  • 1113 Aquidneck Ave

  • 2.09 miles

  • Public District Grades 5-8

High School

school-card-donut-1568827
6
/10
  • Middletown High School

  • 130 Valley Rd

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 107 Purgatory Rd

What is the listing price of this property?

The listing price of 107 Purgatory Rd property is $5,249,000.

What type of property is this?

The property 107 Purgatory Rd is a house located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Accepting Backup Offers: 107 Purgatory Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 107 Purgatory Rd are:
Aquidneck School: GreatSchools Rating 5/10
Joseph H. Gaudet School: GreatSchools Rating 6/10
Middletown High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $32,278 (source: MLS/based on county public records data).

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

The last sale was on April 28, 2000 for $1,250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 107 Purgatory Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 107 Purgatory Rd is 2,958 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 107 Purgatory Rd is 1890.
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Rocket Homes›Rhode Island›Newport County›Middletown›02842›107 Purgatory Rd

This home is located at 107 Purgatory Rd in Middletown, RI and zip code 02842. This 2,958 square foot home, which was built in 1890, sits on a 0.50 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $5,249,000.

While more than 3 listings in Middletown, RI in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. In March 2024 in Middletown, RI there were 3.6% less homes for sale than in February 2024. The median list price of listings available in March 2024 was $695,000, while the average time on the real estate market was 29 days.

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

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