NOT LISTED FOR SALE

11 Clinton Ave Newport, RI 02840

Estimated Value: $1,013,440 - $1,149,000

7 Beds
3 Baths
3,947 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $788,000 $200 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,131/month

17 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Bathtub with Shower
  • Wood Flooring
  • Porch
  • 4-minute walk to Congdon Parks

About This Home

As of July 2021

Charming Two Family home with a quaint front porch located near Broadway's famed dining scene! This home is an excellent investment for an owner occupant or investor. Each apartment has beautiful hardwood flooring, soaring ceilings, and individual laundry options. The first floor unit has 3 bedrooms, living room, updated kitchen and full bathroom. Enter the second floor from the front foyer, or back entrance...you choose! This apartment is 2 levels, with 3 bedrooms and 1 full bathroom on the main level, and another full bathroom and bedroom with open space and office on the top floor. There is an in-unit laundry on the top floor, as well. Buttoned up, and low maintenance, this home has been well maintained. The new owner will benefit from a newer roof and gas heating systems. The deck and stairs were recently upgraded to composite material. Individually metered gas, electric and water. Off street parking available for 2+ cars. The lovely backyard is perfect for grilling and enjoying warm summer evenings outdoors. The basement offers additional storage space and individual laundry options. *Highest and Best Offers due by 5:00 pm on Monday 5/24*

Last Agent to Sell the Property

Tammy Bass

Hogan Associates Christie's License #RES.0040116 Listed on: 05/20/2021

Last Buyer's Agent

Tom Rao

Hogan Associates Christie's License #RES.0019975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1900

Lot Details

  • 4,857 Sq Ft Lot
  • Fenced

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,947 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for hot water
  • Tax Lot 203
  • Assessor Parcel Number 11CLINTONAVNEWP

Community Details

Overview

  • 2 Units
  • Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1115
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 3947.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4857.0
  • Parcel #: 11CLINTONAVNEWP
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3571.0
  • Tax Lot: 203
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 6, 2021
Sold by
Campos Juan C and Corleto Alba
Bought by
Rommel William F and Rommel Nicholas B
Seller's Agent
Tammy Bass
Hogan Associates Christie's
Buyer's Agent
Tom Rao
Hogan Associates Christie's
List Price
$749,900
Sold Price
$788,000
Premium/Discount to List
$38,100
5.08%
Total Days on Market
17
Current Estimated Value
$1,074,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,360
Avg. Annual Appreciation
8.27%
Original Mortgage
$550,000
Outstanding Balance
$503,347
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$571,013

Purchase Details

Closed on
Mar 30, 2007
Sold by
Boyle Kenneth J and Antoniello Joyce
Bought by
Campos Juan Carlos and Corleto Alba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,280
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Rommel William F $788,000 None Available
Campos Juan Carlos $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rommel William F $550,000
Previous Owner Campos Juan C $350,000
Previous Owner Duke John $378,280
Previous Owner Duke John $255,500
Previous Owner Duke John $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $788,000 +5.1% $200 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $749,900 0.0% $190 / Sq Ft
08/17/2019 08/17/19 For Rent $1,900 0.0% --
08/17/2019 08/17/19 Rented $1,900 -- --
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 $5,152 $739,100 $197,400 $541,700
2023 $4,641 $467,800 $128,000 $339,800
2022 $4,496 $467,800 $128,000 $339,800
2021 $4,365 $467,800 $128,000 $339,800
2020 $3,571 $347,400 $98,700 $248,700
2019 $3,571 $347,400 $98,700 $248,700
2018 $3,471 $347,400 $98,700 $248,700
2017 $3,119 $278,200 $75,900 $202,300
2016 $3,041 $278,200 $75,900 $202,300
2015 $2,968 $278,200 $75,900 $202,300
2014 $3,301 $273,700 $67,900 $205,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1283119

State-Wide MLS

APN: NEWP-000014-000000-000203