NE Provenance

56 Wave Ave

Middletown, RI 02842

residentialThree-Family
Owner
Atl...
Owner Type
LLC
Tenure
23 yrs
Assessed
$647,400
Built
—
Sq Ft
—
Lot
0.18 ac
Bed/Bath
—
Type
Three-Family
Elevated Risks22Fire GradeCPermits8Last PermitMar 2024FloodAESurgeCat 2

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56 Wave Ave, Middletown, RI 02842— Property Report

Home& Property Details

56 Wave Ave is a Three-Family located in Middletown, Newport County, RI. The parcel is 0.18 acres.

Flood Zone & Natural Hazard Assessment

56 Wave Ave is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 2 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 30 psf. The EPA radon zone is 2.

Fire Protection

NE Provenance rates the fire protection for 56 Wave Ave at Grade C (Adequate fire protection access). The nearest fire station, 119 TOURO ST, is 1.4 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure.

Building Permits & Property History

Municipal records show 8 building permits on file for 56 Wave Ave. The most recent permit was filed March 4, 2024. In the past five years, 1 permit has been issued. The current municipal assessment is $647,400, with $380,900 attributed to land and $266,500 to improvements. The property last sold on April 3, 2003 for $1,175,000.

Environmental & Land Use

56 Wave Ave is classified as a waterfront property. Dam exposure is rated Low.

MiddletownNeighborhood & Community

56 Wave Ave is located in Middletown, Newport County, RI. The property is zoned LB (Limited Business). The median home value in this census tract is $669,000. Median household income is $104,732. The owner-occupancy rate in the surrounding area is 71%. The property is served by the Middletown school district.

Full Property Intelligence Report

The complete NE Provenance report for 56 Wave Ave, Middletown, RI includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.