299 Prospect Ave

Middletown, RI 02842

$970,000
Last Sold Price
3
Beds
1,560 Sq. Ft.
$622 / Sq. Ft.
1,560
Sq. Ft.
$622
per Sq. Ft.
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Closed 1/21/25
Closed 1/21/25
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced
The grass has been enhanced

Description

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...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.

Listing Agents

  1. Newport Living Group

    Newport Living Group

    Listing Agent

    Lila Delman Compass

    P: (401)-662-5165

    CallText
  2. Daniele Montefusco

    Daniele Montefusco

    Listing Agent

    Lila Delman Compass

    P: (401)-662-5165

    CallText

Property Details for 299 Prospect Avenue

Architectural Style
Cabin
Waterfront Features
Walk To Water
Furnished
Furnished
LISTING UPDATED: 01/23/2025 04:01 PM

Property Details for 299 Prospect Avenue

StatusClosed
MLS #1372729
Days on Market65
Taxes$6,144 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
Lot Size0.11 AC / 4,792 SF
CountyNewport County
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Location

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Building Information for 299 Prospect Avenue

Stories2Year Built1900Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

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$5,346 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,834

Property Taxes

$512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 299 Prospect Avenue

Summary
Location and General Information
  • City: Middletown
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Middletown
  • Postal Code: 02842
  • Postal Code Plus4: 5652
  • State Or Province: RI
  • Zoning: R20
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $6,143.60
  • Tax Assessed Value: 657100
  • Tax Lot: 48
  • Tax Map Number: 120
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 1560.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 1560.0
  • Living Area: 1,560.00
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 4792.0
  • Lot Size Square Feet: 4792.0
  • Lot Size Units: Square Feet
  • Parcel Number: 299PROSPECTAVMDLT
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • Buyer Financing: Arm, Conventional
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 2,329,648,354
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Available
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Fencing: Fenced
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Electric, Heat Pump
  • Heating Y N: Yes
  • Interior Features: Attic, Bathtub, Stall Shower, Tub Shower, Furnished
  • Levels: Two
  • Patio And Porch Features: Deck
  • Rooms Total: 7
Room 1
  • Room Type 1: Storage Room
  • Room Level 1: Lower
Room 2
  • Room Type 2: Half Bath
  • Room Level 2: First
Room 3
  • Room Type 3: Bathroom
  • Room Level 3: Second
Room 4
  • Room Type 4: Bedroom 3
  • Room Level 4: Second
Room 5
  • Room Type 5: Bedroom 2
  • Room Level 5: Second
Room 6
  • Room Type 6: Primary Bedroom
  • Room Level 6: Second
Room 7
  • Room Type 7: Mud Room
  • Room Level 7: First
Room 8
  • Room Type 8: Laundry
  • Room Level 8: First
Room 9
  • Room Type 9: Living Room
  • Room Level 9: First
Room 10
  • Room Type 10: Dining Room
  • Room Level 10: First
Room 11
  • Room Type 11: Kitchen
  • Room Level 11: First
Room 30
  • Room List: Storage Room, Half Bath, Bathroom, Bedroom 3, Bedroom 2, Primary Bedroom, Mud Room, Laundry, Living Room, Dining Room, Kitchen
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 299 Prospect Avenue

DateEvent & SourcePriceAppreciation
Jan 21, 2025

Sold (Public Record)

Public Record #1548982003

$970,000

+20.1% / yr

Jan 21, 2025

Sold

Rhode Island Association of REALTORS® #1372729

$970,000—
Jan 15, 2025

Contract Signed

Rhode Island Association of REALTORS® #1372729

—
DateEvent & SourcePrice
01/21/2025

Sold (Public Record)

Public Record #1548982003

$970,000

+20.1% / yr

01/21/2025

Sold

Rhode Island Association of REALTORS® #1372729

$970,000
01/15/2025

Contract Signed

Rhode Island Association of REALTORS® #1372729

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 299 Prospect Avenue

Taxable ValueLand$312,500Additions$313,300Total$625,800
Tax Record2025$7,378 ($615 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtUnfinished Basement SqFt780 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1900ZoningR20CountyNEWPORTAPNMIDD M:0120 B:00 L:48

Schools near 299 Prospect Avenue

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Joseph Gaudet Academy
Public - 4 to 5
Joseph H. Gaudet School
Public - 6 to 8
Middletown High School
Public - 9 to 12
Forest Avenue School
Public - K to 3
Rating
School
Distance
Joseph Gaudet Academy
Public4 to 5

Joseph H. Gaudet School
Public6 to 8

Middletown High School
Public9 to 12

Forest Avenue School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.