NOT LISTED FOR SALE

11 W Marlborough St Unit 15 Newport, RI 02840

Estimated Value: $1,088,000 - $1,622,000

4 Beds
3 Baths
2,869 Sq Ft
$447/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $526,000 $183 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $7,546/month

54 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Wood Burning Stove
  • Tennis Courts
  • 1-minute walk to Cardines Field

About This Home

As of April 2016

Solid 3 family in Downtown Newport with parking and an easy walk to everything! Located in the General Business district which allows for possible short term rentals and lots of upside!

Last Agent to Sell the Property

The Hadfield Group

Hogan Associates Christie's Listed on: 01/07/2016

Last Buyer's Agent

Alice Sheerin

Teri Degnan RE & Consulting License #RES.0032864

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1890

Lot Details

  • 2,613

Home Design

  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,869 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 2,613 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 145/4
  • Assessor Parcel Number 1115WESTMARLBOROUGHSTNEWP

Community Details

Overview

  • 3 Units
  • Downtown/Harbor Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,684

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Subdivision Name: DOWNTOWN/HARBOR
  • Above Grade Finished Sq Ft: 2869.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Wood Burning Stove
  • Living Area: 2869.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2613.0
  • Parcel #: 1115WESTMARLBOROUGHSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4684.0
  • Tax Lot: 145/4
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
May 9, 2016
Sold by
Fitzgerald John F and Fitzgerald Judith
Bought by
Fitz Inn Llc
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Alice Sheerin
Teri Degnan RE & Consulting
List Price
$524,900
Sold Price
$526,000
Premium/Discount to List
$1,100
0.21%
Current Estimated Value
$1,283,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,767
Avg. Annual Appreciation
9.79%
Original Mortgage
$394,500
Outstanding Balance
$313,097
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$970,670

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 1, 2016
Sold by
King Nicholas U
Bought by
Fitzgerald John F and Fitzgerald Judith
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Alice Sheerin
Teri Degnan RE & Consulting
List Price
$524,900
Sold Price
$526,000
Premium/Discount to List
$1,100
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Outstanding Balance
$313,097
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$970,670

Purchase Details

Closed on
Jun 9, 2003
Sold by
Evans Thomas
Bought by
King Nicolas

Purchase Details

Closed on
Apr 22, 1996
Sold by
Iandolo Albert G
Bought by
Evans Thomas M
Source: Public Records

Range of Values:

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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
Fitz Inn Llc -- --
Fitzgerald John F $526,000 --
King Nicolas $395,000 --
Evans Thomas M $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald John F $394,500
Previous Owner Evans Thomas M $237,000
Previous Owner Evans Thomas M $25,000
Previous Owner Evans Thomas M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $526,000 +0.2% $183 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $524,900 -- $183 / 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
2025 $8,885 $1,022,600 $194,800 $827,800
2024 $8,406 $1,022,600 $194,800 $827,800
2023 $6,489 $654,100 $137,700 $516,400
2022 $6,286 $654,100 $137,700 $516,400
2021 $5,935 $636,100 $137,700 $498,400
2020 $4,952 $481,700 $126,800 $354,900
2019 $4,952 $481,700 $126,800 $354,900
2018 $4,812 $481,700 $126,800 $354,900
2017 $4,354 $388,400 $97,500 $290,900
2016 $4,245 $388,400 $97,500 $290,900
2015 $4,144 $388,400 $97,500 $290,900
2014 $3,892 $322,700 $97,500 $225,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    The Hadfield Group

    Hogan Associates Christie's

    (401) 207-0083

    17 in this area

    107 Total Sales

    The Hadfield Group
    Section Image
  • Alice Sheerin

    Buyer's Agent in 2016

    Alice Sheerin

    Teri Degnan RE & Consulting

    (401) 935-1601

    2 in this area

    24 Total Sales

    Alice Sheerin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1115333

State-Wide MLS

APN: NEWP-000017-000145-000004

Rhode Island Newport County Newport 02840

11 W Marlborough St Unit 15, Newport, RI

This home is located at 11 W Marlborough St Unit 15, Newport, RI 02840 since 07 January 2016 and is currently estimated at $1,283,767, approximately $447 per square foot. This property was built in 1890. 11 W Marlborough St Unit 15 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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