NOT LISTED FOR SALE

10 Russell Ave Newport, RI 02840

North End Residential Neighborhood

Estimated Value: $854,000 - $1,497,000

5 Beds
3 Baths
2,968 Sq Ft
$354/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $430,000 $145 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,560/month

39 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Property near a hospital
  • Recreation Facilities
  • Public Transportation
  • 4-minute walk to Coggeshall Park

About This Home

As of April 2017

For owner occupied or investor, this property has great owner's unit on first floor for immediate occupancy. Rental income for second floor is $1850 per month and has separate additional bedroom, bath, wet bar and living room that owner may use as guest suite, if desired. House has hardwood floors, vinyl windows and siding, basement for storage, updated mechanicals, enclosed second floor porch. Yard is well-kept and large.

Last Agent to Sell the Property

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 02/15/2017

Lila Delman Compass

Last Buyer's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1925

Lot Details

  • 4,792

Interior Spaces

  • 2,968 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Electric Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 10RussellAVNEWP

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • 4 Units
  • Public Transportation
  • Operating Expense $5,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,913

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 2968.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 2968.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 10RussellAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5338.0

Tax Info

  • Tax Annual Amount: 2913.0
  • Tax Lot: 010
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2018
Sold by
Torres Miri
Bought by
Dm Newport Properties
Current Estimated Value
$907,734

Purchase Details

Listed on
Feb 15, 2017
Closed on
Apr 26, 2017
Sold by
Ferreira Dylan
Bought by
Torres Miri
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$344,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dm Newport Properties -- --
Torres Miri $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Miri $344,000
Previous Owner Ferreira Dylan T $250,750
Previous Owner Lewis Mary $200,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $430,000 -4.2% $145 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $449,000 0.0% $151 / Sq Ft
04/20/2016 04/20/16 For Rent $1,600 0.0% --
04/20/2016 04/20/16 Rented $1,600 0.0% --
09/24/2015 09/24/15 Sold $295,000 -7.5% $139 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $319,000 -- $150 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,552 $797,100 $217,200 $579,900
2023 $5,167 $520,900 $153,600 $367,300
2022 $5,006 $520,900 $153,600 $367,300
2021 $4,860 $520,900 $153,600 $367,300
2020 $4,278 $416,100 $129,700 $286,400
2019 $4,278 $416,100 $129,700 $286,400
2018 $4,157 $416,100 $129,700 $286,400
2017 $2,987 $266,500 $75,800 $190,700
2016 $2,913 $266,500 $75,800 $190,700
2015 $2,844 $266,500 $75,800 $190,700
2014 $3,036 $251,700 $67,800 $183,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    37 Total Sales

    Section Image
  • Edith Cushing

    Buyer's Agent in 2017

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    2 in this area

    50 Total Sales

    Section Image
  • John Long

    Seller's Agent in 2016

    John Long

    HomeSmart Professionals

    (774) 451-2163

    57 Total Sales

    Section Image
  • Jeff Brooks

    Seller's Agent in 2015

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    5 in this area

    132 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1151879

State-Wide MLS

APN: NEWP-000007-000000-000010

Rhode Island Newport County Newport 02840 North End Residential

10 Russell Ave, Newport, RI

This home is located at 10 Russell Ave, Newport, RI 02840 since 15 February 2017 and is currently estimated at $1,051,692, approximately $354 per square foot. This property was built in 1925. 10 Russell Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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