11 Chapel St Newport, RI 02840
Old Beach NeighborhoodEstimated Value: $1,056,000 - $1,244,391
4
Beds
2
Baths
3,254
Sq Ft
$362/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Walking Distance to Water
- Skylights
- Tennis Courts
- 1 Car Detached Garage
- 4-minute walk to Aquidneck Growers Market (Wednesday)
About This Home
As of June 2022Charming, well maintained two-family home in the heart of Newport! 11 Chapel offers endless income potential with three floors of rentable space, plus a detached garage. The sun-filled first floor features two bedrooms, one bathroom, and recently updated kitchen. Ascend the gracious staircase to the second floor, where you'll find one bedroom, and spacious living quarters. Additional bedrooms, newly-added closet, and code-compliant windows on bonus third floor. There is an oversized garage and rare 2 car parking which is accessed on Tews Court. Enjoy the private backyard space, or comfort of the front porch. Walk to famed Bellevue Avenue, downtown, and beach!
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0033995 Listed on: 05/05/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,172
Year Built
- Built in 1902
Lot Details
- 3,484 Sq Ft Lot
- Fenced
Parking
- 1 Car Detached Garage
Home Design
- Stone Foundation
- Clapboard
- Plaster
Interior Spaces
- 3,254 Sq Ft Home
- 3-Story Property
- Skylights
- Storage Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 54
- Assessor Parcel Number 11CHAPELSTNEWP
Community Details
Overview
- 2 Units
- Old Beach Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2018
Closed on
Aug 27, 2018
Sold by
Sullivan Robert J
Bought by
David W Botelho Ret
Seller's Agent
Christina Rescia
William Raveis Inspire
Buyer's Agent
Christina Rescia
William Raveis Inspire
Sold Price
$1,300
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,548
Avg. Annual Appreciation
11.72%
Original Mortgage
$393,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David W Botelho Ret | $525,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | David W Botelho Ret | $386,000 | |
| Closed | David W Botelho Ret | $393,750 | |
| Previous Owner | Sullivan Robert J | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $897,000 | -0.2% | $276 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $899,000 | 0.0% | $276 / Sq Ft |
| 09/17/2018 09/17/18 | For Rent | $1,300 | 0.0% | -- |
| 09/17/2018 09/17/18 | Rented | $1,300 | 0.0% | -- |
| 08/27/2018 08/27/18 | Sold | $525,000 | -2.6% | $161 / Sq Ft |
| 07/28/2018 07/28/18 | Pending | -- | -- | -- |
| 07/13/2018 07/13/18 | For Sale | $539,000 | -- | $166 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,815 | $950,700 | $453,500 | $497,200 |
| 2023 | $5,461 | $550,500 | $298,600 | $251,900 |
| 2022 | $5,770 | $600,400 | $298,600 | $301,800 |
| 2021 | $5,602 | $600,400 | $298,600 | $301,800 |
| 2020 | $3,903 | $379,700 | $169,100 | $210,600 |
| 2019 | $3,903 | $379,700 | $169,100 | $210,600 |
| 2018 | $3,793 | $379,700 | $169,100 | $210,600 |
| 2017 | $3,366 | $300,300 | $130,000 | $170,300 |
| 2016 | $3,282 | $300,300 | $130,000 | $170,300 |
| 2015 | $3,204 | $300,300 | $130,000 | $170,300 |
| 2014 | $3,968 | $329,000 | $169,300 | $159,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa morrison
Seller's Agent in 2022
Lisa morrison
Coldwell Banker Realty
(203) 217-3990
5 in this area
87 Total Sales
-
Lahna Son-Cundy
L
Seller Co-Listing Agent in 2022
Lahna Son-Cundy
Mott & Chace Sotheby's Intl.
(401) 662-2833
3 in this area
27 Total Sales
-
Alexandra Thursby
Buyer's Agent in 2022
Alexandra Thursby
Mott & Chace Sotheby's Intl.
(401) 266-9900
3 in this area
56 Total Sales
-
William Parker Sizeland
Seller's Agent in 2018
William Parker Sizeland
Compass / Lila Delman Compass
(401) 862-7428
3 in this area
90 Total Sales
-
Christina Rescia
Seller's Agent in 2018
Christina Rescia
William Raveis Inspire
(401) 339-8833
24 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1309214
APN: NEWP-000026-000000-000054
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