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Sold for $1,200,000
  • $1,200,000

    227 Prospect Ave, Middletown, RI 02842

    4beds
    2,220sqft
    Single Family Residence
    Built in 1987
    0.58 Acres Lot
    $1,201,200 Zestimate®
    $541/sqft
    $4,463 Estimated rent

    Home value

    $1,201,200

    $1.07M - $1.35M

    $4,463/mo

    Zestimate® history
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    What's special

    Cozy wood stoveCharming stone wallThree guest bedroomsSpacious family roomEat-in kitchenMature landscapingFormal dining room
    Nestled on a beautifully maintained corner lot in one of Middletown's established neighborhoods, this classic home offers an exceptional opportunity just 1.5 miles from Surfer's End and the area's renowned beaches. Set on a picturesque half-acre of rolling lawn, the property features mature landscaping, a charming stone wall, and a thriving vegetable garden and fantastic deck overlooking the yard. Inside, generous living spaces provide the perfect foundation for your vision. The first floor includes a spacious family room anchored by a cozy wood stove, an eat-in kitchen, formal dining room, formal living room, and a convenient powder room. Upstairs, three guest bedrooms share a full hallway bath, while the primary suite offers its own private full bath. Lovingly maintained over the years, this home is ready for its next chapter. With solid construction, a functional floor plan, and an unbeatable location close to beaches, shopping, schools, and downtown Newport, this is a rare opportunity to personalize a home with great bones in a highly desirable setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca King 401-849-3000,

    Gustave White Sotheby's Realty

    Bought with:

    Kevin Castner, RES.0035348

    RE/MAX Results

    Source: StateWide MLS RI,MLS#: 1416346MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Oil, Forced Water
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Mixed), Ceiling Fan(s)
    • Flooring: Hardwood, Carpet
    • Doors: Storm Door(s)
    • Windows: Insulated Windows
    • Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
    • Attic: Attic Storage
    • Number of fireplaces: 1
    • Fireplace features: Brick
    Interior area
    • Total structure area: 2,220
    • Total interior livable area: 2,220 sqft
    • Finished area above ground: 2,220
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Garage Door Opener, Integral, Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.58 Acres
    • Features: Corner Lot, Sidewalks
    Details
    • Parcel number: MIDDM0120B00L622
    • Zoning: R40
    • Special conditions: Conventional/Market Value
    • Other equipment: Wood Stove

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Clapboard, Wood
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Private, Well
    • Utilities for property: Sewer Connected, Underground Utilities

    Community & HOA

    Community
    • Features: Near Public Transport, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: River Run / Prospect
    HOA
    • Has HOA: No
    Location
    • Region: Middletown

    Financial & listing details

    • Price per square foot: $541/sqft
    • Tax assessed value: $807,300
    • Annual tax amount: $9,514
    • Date on market: 6/25/2026
    • Inclusions: Please note that the taxes noted are at the NON-resident tax rate.

    Price history

    DateEventPrice
    9/9/2026Sold$1,200,000+4.3%$541/sqft
    Source: StateWide MLS RI #1416346 Report a problem
    7/20/2026Pending sale$1,150,000$518/sqft
    Source: StateWide MLS RI #1416346 Report a problem
    6/28/2026Contingent$1,150,000$518/sqft
    Source: StateWide MLS RI #1416346 Report a problem
    6/25/2026Listed for sale$1,150,000$518/sqft
    Source: StateWide MLS RI #1416346 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,090 $807,300
    2024$9,090 +39%$807,300 +48.3%
    2023$6,541 $544,200
    2022$6,541 $544,200
    2021$6,541 -9.7%$544,200 +6.4%
    2020$7,247 +0.2%$511,300
    2018$7,235 +2%$511,300 +11.2%
    2016$7,093 +2.5%$460,000
    2015$6,918 -1.1%$460,000 +5.7%
    2014$6,994 +2.3%$435,200
    2013$6,837 +2%$435,200
    2012$6,702 +15.3%$435,200
    2011$5,814 -13%$435,200 -13%
    2010$6,684 +0.9%$500,300
    2009$6,624 +8.3%$500,300 -10%
    2007$6,117 +3.9%$555,600
    2006$5,889 +1.3%$555,600 +56.3%
    2005$5,811 +6.5%$355,400
    2004$5,455 $355,400
    Find assessor info on the county website

    Neighborhood: 02842

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,201,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,201,200