Location, Location, Location! 2 family home on nicely landscaped corner lot in one of Middletown's most desirable neighborhoods. Single level 1950's Rambler. It's located just 1 mile from Easton & Sachuest Beach's, 2 miles from the heart of Down-City Newport. The living areas are drenched in sunshine all day as the house faces south. Kitchen floor is newly laid vinyl laminate & the wood floors were recently refinished throughout. All furnishing can be included in sale of home. The exterior is freshly painted. Interior needs paint. It needs a new roof & has a very high solar rating. The windows were replaced approximately 10 years ago, except for the retro look picture windows in the living room. The kitchen has its original red linen Formica counters. The heating system was replaced in 2018 w/ a high efficiency furnace, new tank & lines. Chimney flues were re-lined in 2018 w/ stainless steel. Wood/coal stove easily heats the entire home during frigid winter nights. Insulated in attic & exterior walls. originally built as a 2 bedroom, 1 bath w/ an attached 2 car garage. Garage had been renovated for additional living space including bath w/ shower & kitchenette. This studio/in-law is separated from the main house by a breezeway & pantry; has a private entrance & 2 car driveway off Harold Lane. It presently rented month to month. Home is presently on AirBnb & has great income potential. There is a 12'x16'shed in the backyard. Motivated seller! Make an offer!
Single-familyProperty Type
1955Year Built
8,712 sq ftLot Size
$591Est. Price/Sq.Ft.
3 spacesParking
Listed by David White• OwnerEntry.com
Bought with Robert Sullivan• Keller Williams Coastal
CORNER LOT WITH TREES AND MATURE LANDSCAPING PROVIDES PRIVATE SETTING. H/W FLOORS, DECK. PRIVATE GUEST SUITE W/ SEPARATE ENTRANCE CURRENTLY SET UP AS INLAW EFFICIENCY UNIT. NEEDS TLC BUT IT WILL BE WORTH IT! AQUIDNECK SCHOOL
Year
Property tax
Land + Additions
Assessment*
2025
$6,813 (+4.7%)
$332,100 + $245,800
$577,900
2024
$6,507 (+37.3%)
$332,100 + $245,800
$577,900
2023
$4,738 (+4.8%)
$242,200 + $134,100
$376,300
2022
$4,523 (+5.4%)
$242,200 + $134,100
$376,300
2021
$4,291 (+6.4%)
$242,200 + $114,800
$357,000
2020
$4,032
$178,200 + $114,800
$293,000
2018
$4,029 (−1.7%)
$178,200 + $114,800
$293,000
2016
$4,099 (+2.5%)
$153,400 + $112,400
$265,800
2015
$3,998 (−1.9%)
$153,400 + $112,400
$265,800
2014
$4,077 (+2.3%)
$139,400 + $114,300
$253,700
2013
$3,986 (+2.0%)
$139,400 + $114,300
$253,700
2012
$3,907
$139,400 + $114,300
$253,700
Tax history for 130 Reservoir Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,813 (+4.7%)
$332,100 + $245,800
$577,900
2024
$6,507 (+37.3%)
$332,100 + $245,800
$577,900
2023
$4,738 (+4.8%)
$242,200 + $134,100
$376,300
2022
$4,523 (+5.4%)
$242,200 + $134,100
$376,300
2021
$4,291 (+6.4%)
$242,200 + $114,800
$357,000
2020
$4,032
$178,200 + $114,800
$293,000
2018
$4,029 (−1.7%)
$178,200 + $114,800
$293,000
2016
$4,099 (+2.5%)
$153,400 + $112,400
$265,800
2015
$3,998 (−1.9%)
$153,400 + $112,400
$265,800
2014
$4,077 (+2.3%)
$139,400 + $114,300
$253,700
2013
$3,986 (+2.0%)
$139,400 + $114,300
$253,700
2012
$3,907
$139,400 + $114,300
$253,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.