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1 Wave Ave, Middletown, RI 02842 Property Records

Middletown Town property record for 1 Wave Ave, Middletown, RI 02842

Property Summary

Property TypeCommercial Condominium
Details29,225 sqft · built 1940
Lot Size0.59 acres (25,700 sqft)
OwnerCompany Name on Record
Tax Bill$135,653 (2025)
Deeds & MortgagesDec 2019 Mortgage
Flood ZoneZone AE (high risk)
APNM:0116 B:NW L:12

Property Details

APN / Parcel Number

Primary APNM:0116 B:NW L:12
Alternative APNs
  • MIDD M:0116 B:NW L:1201
  • 199900238
  • 202300137

Interior

Units42 Units
Stories4 Stories
Building Area29,225 sqft Total Area
Gross Area29,957 sqft
1st Floor Area9,421 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1940
Architectural StyleCondo/Apartment
Exterior MaterialBrick
Construction TypeSteel Frame
Roof MaterialTar & Gravel
Lot Area25,700 sqft (0.59 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHot Water
Heating FuelGas

Location & Zoning

Account Number202300137
Street Address1 WAVE AVE
CityMIDDLETOWN
StateRI
Zip02842-7008
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Condominium
Local Zoning CodeLBA
Legal BlockNW
Legal Lot Number1201
JurisdictionMIDDLETOWN RI
Township / Civil DivisionMIDDLETOWN
Census Block Group2
Census Block2042
Census Tract40400

Owner

Source: Middletown Town records, as of June 22, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1140 RESERVOIR AVE, CRANSTON, RI 02920-6032
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMIDDLETOWN RI
Property Address1 WAVE AVE, MIDDLETOWN, RI 02842-7008
Document Number1631-49
Instrument DateDec 31, 2019
Transaction TypeMortgage
Record UpdatedJan 14, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address28 JACOME WAY MIDDLETOWN RI 028425793, MIDDLETOWN, RI 02842-5793

Mortgage

Document Number1631-49
DateDec 31, 2019
Book Page001631/000049
Instrument3501
Lender
NameCENTREVILLE BK
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Middletown Town assessment roll, as of June 22, 2026

Property Jurisdictions

TypeName
StateRhode Island
County SubdivisionMiddletown Town
Unified School DistrictMiddletown School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2025$135,653.00 (+19.34%)$9,981,800 (+64.21%) Land $891,600 Building $9,090,200
2023$113,674.00 (+4.76%)$6,078,800 (-) Land $1,140,800 Building $4,938,000
2022$108,507.00$6,078,800 Land $1,140,800 Building $4,938,000

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective December 26, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation14.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 18 policies
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies18 in force
Nearby Flood Claims9 (1984–2020)
Claims Outside the SFHA2 of 9
Most Recent ClaimJul 2020 · rainfall accumulation
Claims by Event
  • Severe Storms And Flooding, Apr 2010 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEWPORT-CITY OF
serves 42,155 people · EPA ID RI1592010
Water SourceSurface water
Last State InspectionOct 2022
Lead4 ppb (2025–2027)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 346 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Fiber · Cable in parts of the area		1,000 / 35
T-Mobile
Fixed Wireless		100 / 20

May also be available: AT&T, Verizon.

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