575 Tuckerman Ave, Unit 7

Middletown, RI 02842

$2,500,000
Last Sold Price
4
Beds
2,978 Sq. Ft.
$839 / Sq. Ft.
2,978
Sq. Ft.
$839
per Sq. Ft.
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Closed 12/4/20Virtual Tour
Closed 12/4/20Virtual Tour

Description

Bancroft Penthouse. Fold back the glass walls, breathe in the salt air & listen to the waves crash on the bluffs below. The penthouse at Bancroft is an artful combination of two 4th floor units on the southeast corner of this historic shingle style mansion. Elevator doors open to a private landing at the top of the original staircase. Inside, indescribably beautiful, 270-degree, ocean views include 2nd Beach, Sachuest Point National Wildlife Refuge, Sachuest Light, Elephant Rock, Easton's Point and...Bancroft Penthouse. Fold back the glass walls, breathe in the salt air & listen to the waves crash on the bluffs below. The penthouse at Bancroft is an artful combination of two 4th floor units on the southeast corner of this historic shingle style mansion. Elevator doors open to a private landing at the top of the original staircase. Inside, indescribably beautiful, 270-degree, ocean views include 2nd Beach, Sachuest Point National Wildlife Refuge, Sachuest Light, Elephant Rock, Easton's Point and Newport's Cliff Walk. An octagonal turret room with folding glass Nano Walls opens to an oceanside porch overlooking the Chinese garden and dramatic rock formations below. The main level includes, turrent room, eat-in kitchen with Viking and Asko appliances, office, den, 3 bedrooms, 3 and 1/2 baths. 3 period gas fireplaces add warmth and charm. Upstairs, a 4th ensuite bedroom with den has its own washer and dryer and a crow's nest view of the incredible scene below. An energy-efficient geothermal system heats and cools the building. A walkable path to the water and approximately 4 acres of manicured grounds enhance this exceptional offering.
  1. Listed by Leslie Hogan • Brokerage DRE #REB.0016969 • Hogan Associates
    P: (401)-641-4608 leslie@hoganri.com

Property Details for 575 Tuckerman Avenue, Unit 7

Subdivision Name
Easton's Point / 2nd Beach
Building Name
Bancroft on the Bluffs
Waterfront Y N
Yes
Waterfront Features
Beach Front, Ocean Front, Water Access, Walk To Water, Waterfront
View
Saltwater, Water
Pets Allowed
Yes
LISTING UPDATED: 08/02/2021 08:10 PM

Property Details for 575 Tuckerman Avenue, Unit 7

StatusClosed
MLS #1266397
Days on Market57
Pet PolicyAllowed
Taxes$19,131 / year
HOA Fees$24,719 / year
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built1895
CountyNewport County
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Location

Listing Courtesy of Hogan Associates

Sold By KELLER WILLIAMS RLTY NEWPORT

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Building Information for 575 Tuckerman Avenue, Unit 7

Building/ComplexBancroft on the BluffsFloor4Stories5Residences9Pet PolicyAllowedPet Policy DetailsYesYear Built1895

Payment Calculator

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$16,112 per month

30 year fixed, 6.36% Interest

Principal and Interest

$12,458

Property Taxes

$1,594

HOA Dues

$2,060

The Payment Calculator is for illustrative purposes only.

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Property Information for 575 Tuckerman Avenue, Unit 7

Summary
Location and General Information
  • City: Middletown
  • Community Features: Golf, Near Schools, Shopping, Sidewalks
  • Postal City: Middletown
  • Postal Code: 02842
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: R30
  • Human Modified Y N: No
Location and General Infromation
  • Complex Name: Bancroft on the Bluffs
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: Assigned, No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Association Fee: $24,719.00
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $19,131.00
  • Tax Assessed Value: 1390400
  • Tax Lot: 127
  • Tax Year: 2020
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Property
Lot Information
  • Above Grade Fin SQFT: 2978.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 2978.0
  • Living Area: 2,978.00
  • Living Area Source: Public Records
  • Lot Features: Sprinkler System, Waterfront
  • Lot Size Acres: 0.0
  • Lot Size Units: Square Feet
  • Parcel Number: 575TUCKERMANAV7MDLT
  • Stories: 5
  • Stories Total: 5
  • Property Sub Type Additional: Condominium
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Cash
  • Entry Level: 4
  • Entry Location: Elevator,Third Floor or higher Access
  • New Construction Y N: No
  • Number Of Units In Community: 9
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1895
  • C L I P: 8,430,054,108
Utilities
  • Electric: Amps200Or More, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Exterior Features: Balcony, Porch, Sprinkler Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Crawl Space, Interior Entry, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: Gas, Masonry
  • Fireplaces Total: 3
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Baseboard, Central, Forced Air, Geothermal, Individual, Zoned
  • Heating Y N: Yes
  • Interior Features: Bathtub, Skylights, Stall Shower, Tub Shower, Elevator, Jetted Tub, Cable Tv
  • Laundry Features: In Unit
  • Levels: Two
  • Other Equipment: Intercom
  • Patio And Porch Features: Balcony, Porch, Screened
  • Rooms Total: 10
  • Spa Y N: Yes
  • Window Features: Skylights, Thermal Windows
Room 1
  • Room Type 1: Primary Bedroom
  • Room Level 1: First
Room 2
  • Room Type 2: Den
  • Room Level 2: Second
Room 3
  • Room Type 3: Bathroom
  • Room Level 3: Second
Room 4
  • Room Type 4: Bedroom 4
  • Room Level 4: Second
Room 5
  • Room Type 5: Bathroom
  • Room Level 5: First
Room 6
  • Room Type 6: Bedroom 3
  • Room Level 6: First
Room 7
  • Room Type 7: Bathroom
  • Room Level 7: First
Room 8
  • Room Type 8: Bedroom 2
  • Room Level 8: First
Room 9
  • Room Type 9: Half Bath
  • Room Level 9: First
Room 10
  • Room Type 10: Office
  • Room Level 10: First
Room 11
  • Room Type 11: Living Room
  • Room Level 11: First
Room 12
  • Room Type 12: Kitchen
  • Room Level 12: First
Room 13
  • Room Type 13: Dining Room
  • Room Level 13: First
Room 30
  • Room List: Primary Bedroom, Den, Bathroom, Bedroom 4, Bedroom 3, Bedroom 2, Half Bath, Office, Living Room, Kitchen, Dining Room
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 575 Tuckerman Avenue, Unit 7

DateEvent & SourcePriceAppreciation
Dec 4, 2020

Sold (Public Record)

Public Record #685030927

$2,500,000

+11.5% / yr

Dec 4, 2020

Sold

Rhode Island Association of REALTORS® #1266397

$2,500,000—
Dec 4, 2020

Contract Signed

Rhode Island Association of REALTORS® #1266397

—
DateEvent & SourcePrice
12/04/2020

Sold (Public Record)

Public Record #685030927

$2,500,000

+11.5% / yr

12/04/2020

Sold

Rhode Island Association of REALTORS® #1266397

$2,500,000
12/04/2020

Contract Signed

Rhode Island Association of REALTORS® #1266397

—

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

Public Records for 575 Tuckerman Avenue, Unit 7

Taxable ValueLand-Additions$2,848,100Total-
Tax Record2025$33,579 ($2,798 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,704 SqFtAbove Grade Finished SqFt2,704 SqFtStories1StyleCondominiumYear Built1895ZoningR30CountyNEWPORTAPNMIDD M:0122 B:00 L:12707Fireplace TypeHas Fireplace

Schools near 575 Tuckerman Avenue, Unit 7

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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.

Listing Courtesy of Hogan Associates

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.