NOT LISTED FOR SALE

14 Pond Ave Unit 2 Newport, RI 02840

Estimated Value: $629,000 - $917,000

2 Beds
1 Bath
800 Sq Ft
$988/Sq Ft Est. Value

Highlights

  • Marina
  • Spa
  • Attic
  • Golf Course Community
  • Wood Flooring
  • 1-minute walk to Equality Park

About This Home

As of September 2023

Centrally located, bright two-bedroom apartment. Updated kitchen with subway tile and granite countertops, open concept living area, and a large bathroom with jetted tub. Laundry in the basement. The second bedroom is located on the upper level and could easily be an office or guest room. Water (with cap) and lawn care is included in the rent, tenant pays for electric and gas. Pets are negotiable with pet rent. Discounted rent available with a two year lease.

Last Agent to Rent the Property

Diana Murcia

Anchor & Hope Real Estate LLC License #RES.0041885 Listed on: 08/17/2023

Last Renter's Agent

Diana Murcia

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,852

Year Built

  • Built in 1890

Lot Details

  • 3,572

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Spa
  • Property near a hospital

Listing and Financial Details

  • Property Available on 10/1/23
  • 12 Month Lease Term
  • Assessor Parcel Number 14PONDAV2NEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Broadway Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,852

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 800.0
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 800.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Construction Type: Drywall

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Parking, Sewer, Trash Collection, Water
  • Association: No
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes

Lot Info

  • Parcel #: 14PONDAV2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Pettit Andrew
Bought by
Pettit Andrew
Current Estimated Value
$790,311

Purchase Details

Closed on
Jan 16, 2018
Sold by
Pettit Andrew
Bought by
Abc Real Estate Holdin

Purchase Details

Closed on
Jan 5, 2007
Sold by
Dinne Jeffrey D
Bought by
Pettit Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2002
Sold by
Schneider Craig K and Schneider Ann T
Bought by
Dionne Jeffrey D

Purchase Details

Closed on
May 2, 2000
Sold by
Murray Kathleen M
Bought by
Schneider Craig K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pettit Andrew -- None Available
Abc Real Estate Holdin -- --
Pettit Andrew $360,000 --
Dionne Jeffrey D $230,000 --
Schneider Craig K $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Craig K $288,000
Previous Owner Schneider Craig K $72,000
Previous Owner Schneider Craig K $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Rented $1,950 -2.5% --
09/05/2023 09/05/23 Under Contract -- -- --
08/17/2023 08/17/23 For Rent $2,000 +1.3% --
09/14/2022 09/14/22 Rented $1,975 +1.3% --
09/10/2022 09/10/22 Under Contract -- -- --
08/30/2022 08/30/22 For Rent $1,950 +21.9% --
10/23/2020 10/23/20 For Rent $1,600 0.0% --
10/23/2020 10/23/20 Rented $1,600 +18.5% --
12/09/2019 12/09/19 Rented $1,350 +3.8% --
11/09/2019 11/09/19 Under Contract -- -- --
11/07/2019 11/07/19 For Rent $1,300 -- --
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 $4,852 $675,700 $180,400 $495,300
2024 $4,710 $675,700 $180,400 $495,300
2023 $4,241 $427,500 $116,900 $310,600
2022 $4,108 $427,500 $116,900 $310,600
2021 $3,989 $427,500 $116,900 $310,600
2020 $3,268 $317,900 $97,400 $220,500
2019 $3,268 $317,900 $97,400 $220,500
2018 $3,176 $317,900 $97,400 $220,500
2017 $3,005 $268,100 $74,900 $193,200
2016 $2,930 $268,100 $74,900 $193,200
2015 $2,861 $268,100 $74,900 $193,200
2014 $2,685 $222,600 $67,000 $155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1341991

State-Wide MLS

APN: NEWP-000014-000000-000071