55 Summerfield Lane Middletown

$875,000
5 3 2,508 sq ft

The Property

Historic 1850’s farmhouse in an extremely rare and private setting just off Indian Ave. Tucked away on a private dead-end street surrounded by stone walls, mature trees, and natural landscaping. This charmingly restored home offers a tranquil setting just 4.5 miles from downtown Newport, 2 miles from Newport National, and a quick bike ride to the beaches. Equipped with 3 levels of living, 5 bedrooms, 3 modern baths, 2 wood-burning fireplaces, and extensive decks providing great outdoor living. The oversized 3 car garage has 2 lofts to accommodate all your storage and nicely frees up space below, and the walkout basement is perfect for a workshop. Property has been tastefully updated and recently received many improvements, including a brand new 6 bedroom septic system this July, new roof 2019, state of the art water softener/filtration system in 2018, cedar siding 2019, updated appliances, refinished hardwood floors this summer, insulation throughout, new oil tank 2019, modern baths, and Anderson Windows.

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Listing Details

MLS Number

1232386

Lot Size:

0.94 acres

Features

  • Basement: Full
  • Porch
  • Shingles
  • Wood
  • Fireplace: Brick
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Electric,Oil
  • Garage: Detached
  • Cul De Sac
  • Paved Driveway
  • Type: Historic
  • Year Built: 1850
  • Water Amenities: Beach, Walk To Water

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Market Trends for Single Family Homes
in Middletown

  • Overview
    Homes for Sale Today49-78.7% decrease in inventory
    New on Market *5-61.5% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$394.90$148 increase in List Price/Sq.Ft.
    Avg. Sale Price *$560,538$63,130 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.67%-0% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$258.74$5 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8042 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Edge Realty RI, LLC

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