A classic Cape that truly exceeds expectations, with bonus spaces you’ll love! The main level features refinished hardwood flooring throughout and a newly renovated kitchen with a convenient island, open to the dining area. The spacious family room is an airy and inviting space that elevates this already beautiful home! With vaulted ceilings and a striking stone gas fireplace, you'll host family gatherings with ease. From this room, you'll have direct access to the expansive deck with room for a grill and outdoor seating, overlooking the beautiful backyard. The first-floor primary suite serves as a private retreat, complete with a walk-in closet, ensuite bath with tiled shower and glass door, and a cozy wood-burning fireplace. An additional full bathroom is also located on the main level for guests. Upstairs, you’ll find two inviting bedrooms full of character. The partially finished lower level offers flexible space for a home office, playroom or recreation area, along with ample storage and laundry area. Set on nearly half an acre, the backyard is spacious and private, ideal for gardening and relaxing. Located just minutes from Middletown’s best beaches, with easy access to downtown Newport and the Naval Station, this home is perfectly suited as a year-round residence or a coastal getaway. *2.75% Assumable VA Loan for Qualified Buyers*
For sale
$789,000
403 Valley Rd, Middletown, RI 02842
3beds
2,105sqft
Est.:
Single Family Residence
Built in 1940
0.45 Acres Lot
$783,300 Zestimate®
$375/sqft
$-- HOA
What's special
Convenient islandCozy wood-burning fireplaceStriking stone gas fireplaceOverlooking the beautiful backyardRefinished hardwood flooring throughoutSpacious family roomVaulted ceilings
- 6 hours |
- 723 |
- 50 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listed by:
Tammy Bass 401-430-0856,
Serhant New England
Source: StateWide MLS RI,MLS#: 1406738
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None, Window Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Paneled), Cathedral Ceiling(s), Skylight, Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Doors: Storm Door(s)
- Windows: Skylight(s)
- Basement: Full,Interior and Exterior,Partially Finished,Laundry,Media Room,Office,Storage Space,Utility
- Number of fireplaces: 2
- Fireplace features: Brick, Gas, Stone
Interior area
- Total structure area: 1,701
- Total interior livable area: 2,105 sqft
- Finished area above ground: 1,701
- Finished area below ground: 404
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Integral, Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 0.45 Acres
- Features: Sidewalks
Details
- Parcel number: MIDDM0114B00L634
- Zoning: R20A
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Dry Wall, Paneled, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Commuter Bus, Golf, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
- Has HOA: No
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $527,300
- Annual tax amount: $6,217
- Date on market: 3/26/2026
- Inclusions: Curtains, curtain rods, and primary shower filtered shower-head are not included.
Estimated market value
$783,300
$728,000 - $846,000
$5,359/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $789,000+39.6%$375/sqft |
Source: | ||
| 7/6/2021 | Sold | $565,000+6.8%$268/sqft |
Source: | ||
| 6/8/2021 | Contingent | $529,000$251/sqft |
Source: | ||
| 6/4/2021 | Listed for sale | $529,000+65.8%$251/sqft |
Source: | ||
| 1/13/2014 | Sold | $319,000-4.5%$152/sqft |
Source: Agent Provided Report a problem | ||
| 11/23/2013 | Price change | $334,000-5.4%$159/sqft |
Source: RE/MAX Cityside #1052855 Report a problem | ||
| 10/8/2013 | Listed for sale | $353,000+1.1%$168/sqft |
Source: RE/MAX Cityside #1052855 Report a problem | ||
| 7/9/2004 | Sold | $349,000+46%$166/sqft |
Source: Public Record Report a problem | ||
| 1/8/2002 | Sold | $239,000+36.6%$114/sqft |
Source: Public Record Report a problem | ||
| 5/19/2000 | Sold | $175,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,937 | $527,300 |
| 2024 | $5,937 +37.5% | $527,300 +46.8% |
| 2023 | $4,318 | $359,200 |
| 2022 | $4,318 +0.6% | $359,200 +0.6% |
| 2021 | $4,292 -18.8% | $357,100 +15.5% |
| 2020 | $5,283 0% | $309,100 |
| 2018 | $5,284 +24.1% | $309,100 +12% |
| 2016 | $4,257 +2.5% | $276,100 |
| 2015 | $4,153 +7.8% | $276,100 +15.2% |
| 2014 | $3,852 +2.3% | $239,700 |
| 2013 | $3,766 +2% | $239,700 |
| 2012 | $3,691 +15.3% | $239,700 |
| 2011 | $3,202 -18.3% | $239,700 -18.3% |
| 2010 | $3,921 +0.9% | $293,500 |
| 2009 | $3,886 +3.8% | $293,500 -13.7% |
| 2007 | $3,743 +3.9% | $340,000 |
| 2006 | $3,604 +6.5% | $340,000 +64.3% |
| 2005 | $3,383 +6.5% | $206,900 |
| 2004 | $3,176 | $206,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,379/mo
Principal & interest
$3886
Property taxes
$493
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Climate risks
Neighborhood: 02842
Nearby schools
GreatSchools rating
- 10/10Aquidneck SchoolGrades: PK-3Distance: 0.9 mi
- 6/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 1 mi
- 6/10Middletown High SchoolGrades: 9-12Distance: 0.7 mi
Local experts in 02842
- Rhode Island
- Newport County
- Middletown
- 02842
- 403 Valley Rd






