For sale

$559,000

51 Underwood Ln, Middletown, RI 02842

3beds

1,630sqft

$3,698/mo

Get pre-qualified

Single Family Residence

Built in 1900

0.41 Acres Lot

$545,700 Zestimate^®

$343/sqft

$-- HOA

What's special

This 3-bed, 2-bath vinyl sided colonial offers classic charm and unbeatable proximity to Newport’s coastline, dining, and entertainment. The home features an older, well-maintained layout with traditional living spaces, a functional kitchen, vinyl replacement windows and three generously sized bedrooms. Roof replaced approximately 2016. A standout feature is the detached 4-car garage, perfect for car enthusiasts, contractors, or anyone needing substantial storage or workspace. With its prime location and solid structure, this property is an excellent opportunity to enjoy coastal Rhode Island living with room to personalize and make it your own. This is an estate sale. Buyer to do own due diligence. Property has passed probate. Taxes are approximate

9 days
360
15

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Steam

Cooling

None

Appliances

Included: Water Heater, Range, Dishwasher, Refrigerator

Features

Flooring: Carpet, Pine
Basement: Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,630
Total interior livable area: 1,630 sqft
Finished area above ground: 1,630

Property

Parking

Total spaces: 8
Parking features: Detached, Off Street, Paved
Garage spaces: 4
Uncovered spaces: 4

Features

Patio & porch: Porch - Enclosed
Exterior features: Porch - Enclosed
Waterfront features: 1/2 to 1 Mile To Beach

Lot

Size: 0.41 Acres
Features: Level

Details

Parcel number: 91907
Zoning: R10

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: 60 Amps/Less
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Middletown

Financial & listing details

Price per square foot: $343/sqft
Tax assessed value: $502,100
Annual tax amount: $5,142
Date on market: 9/25/2026

Estimated market value

$545,700

$518,000 - $573,000

$2,978/mo

Price history

Date	Event	Price
9/26/2026	Pending sale	$559,000$343/sqft
Source: StateWide MLS RI #1423606 Report a problem
9/17/2026	Listed for sale	$559,000-0.2%$343/sqft
Source: StateWide MLS RI #1423606 Report a problem
8/28/2026	Listing removed	$560,000$344/sqft
Source: StateWide MLS RI #1418157 Report a problem
7/31/2026	Listed for sale	$560,000$344/sqft
Source: StateWide MLS RI #1418157 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,654	$502,100
2024	$5,654 +26.6%	$502,100 +35.1%
2023	$4,467	$371,600
2022	$4,467	$371,600
2021	$4,467 +14.3%	$371,600 +25%
2020	$3,908 +1.3%	$297,200
2018	$3,857 -10.2%	$297,200 +6.7%
2016	$4,294 +2.5%	$278,500
2015	$4,189 +3.4%	$278,500 +10.5%
2014	$4,050 +2.3%	$252,000
2013	$3,959 +2%	$252,000
2012	$3,881 +15.3%	$252,000
2011	$3,367 -8.8%	$252,000 -8.8%
2010	$3,693 +0.9%	$276,400
2009	$3,660 -5.4%	$276,400 -21.3%
2007	$3,867 +3.9%	$351,200
2006	$3,723 +9.6%	$351,200 +69.1%
2005	$3,396 +6.5%	$207,700
2004	$3,188	$207,700