NOT LISTED FOR SALE

11 Thurston Ave Newport, RI 02840

Estimated Value: $812,000 - $877,035

4 Beds
2 Baths
2,996 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $425,000 $142 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,061/month

18 Days on Market

Highlights

  • Cathedral Ceiling
  • 2 Car Detached Garage
  • Porch
  • Wood Flooring
  • Skylights
  • Bathtub with Shower

About This Home

As of December 2018

Stylish and well maintained two family on tree lined street. Plenty of off street parking and a 2 Car GARAGE !Gleaming hardwood floors. New roof ! New kitchen and bath on first floor, new paint. Second floor updated last spring, restored pine floors and freshly painted. Excellent year around tenants. First floor through Aug 31, 2019 and second floor through May 31, 2019. Two water meters, two electric meters and two heating systems.

Last Agent to Sell the Property

Stephanie Guinan

RE/MAX Profnl. Newport, Inc. License #RES.0014529 Listed on: 11/09/2018

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Melanie Rose Quirk

RE/MAX Results License #REB.0017158

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,996 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 5,227 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 14
  • Assessor Parcel Number 11THURSTONAVNEWP

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • North End Subdivision

Additional Features

  • Public Transportation
  • Operating Expense $4,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,488

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 2996.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Public Transportation, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 11THURSTONAVNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4600.0

Tax Info

  • Tax Annual Amount: 3488.0
  • Tax Lot: 14
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 18, 2018
Sold by
Male Jane M
Bought by
Carr Christopher J
Seller's Agent
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Melanie Rose Quirk
RE/MAX Results
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Current Estimated Value
$846,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,009
Avg. Annual Appreciation
10.22%
Original Mortgage
$340,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2015
Closed on
Mar 31, 2016
Sold by
Julian Heather A
Bought by
Male Jane M
Seller's Agent
Barbara Jagolinzer
Williams & Stuart Real Estate
Buyer's Agent
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
List Price
$342,000
Sold Price
$307,000
Premium/Discount to List
-$35,000
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$313,600
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2011
Sold by
Julian Heather A and Julian Steven P
Bought by
Julian Heather A

Purchase Details

Closed on
Mar 1, 2001
Sold by
Carreiro Peter J and Carreiro Kathleen
Bought by
Snowden Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1989
Sold by
Jerome Mary M
Bought by
Carreiro Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
10.66%
Mortgage Type
Purchase Money Mortgage
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
Carr Christopher J $425,000 --
Male Jane M $307,000 --
Julian Heather A -- --
Snowden Heather A $207,000 --
Carreiro Peter $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Christopher J $341,250
Closed Carr Christopher J $341,250
Closed Carr Christopher J $340,000
Previous Owner Male Jane M $313,600
Previous Owner Carreiro Peter $120,000
Previous Owner Carreiro Peter $113,850
Previous Owner Carreiro Peter $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $425,000 +1.2% $142 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $420,000 +36.8% $140 / Sq Ft
04/01/2016 04/01/16 Sold $307,000 -10.2% $173 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $342,000 -- $192 / 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 $5,525 $672,100 $221,300 $450,800
2023 $4,383 $441,800 $156,400 $285,400
2022 $4,246 $441,800 $156,400 $285,400
2021 $4,122 $441,800 $156,400 $285,400
2020 $3,589 $349,100 $130,700 $218,400
2019 $3,589 $349,100 $130,700 $218,400
2018 $3,488 $349,100 $130,700 $218,400
2017 $2,996 $267,300 $76,400 $190,900
2016 $2,922 $267,300 $76,400 $190,900
2015 $2,852 $267,300 $76,400 $190,900
2014 $2,892 $239,800 $68,300 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1209208

State-Wide MLS

APN: NEWP-000007-000000-000014