NOT LISTED FOR SALE

Estimated Value: $783,000 - $930,859

3 Beds
3 Baths
2,837 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 11, 2021

Last sale price $640,000 $226 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,209/month

9 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Bathtub with Shower
  • Wood Flooring
  • Window Unit Cooling System
  • Tankless Water Heater

About This Home

As of October 2021

Come view this great multi-family unit located downtown Newport. Many upgrades including blown in insulation, plumbing and electical. Both units feature an enclosed front porch and laundry in each unit. Off-street parking and a small garage for your kayak or scooter.

Last Agent to Sell the Property

Ryan Hazinakis

Keller Williams Coastal License #RES.0040457 Listed on: 09/01/2021

Keller Williams Coastal

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1905

Lot Details

  • 1,742

Home Design

  • Combination Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 2,837 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • 1,742 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 201
  • Assessor Parcel Number 15DEANAVNEWP

Community Details

Overview

  • 2 Units
  • Yachting Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 2837.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1905
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Tankless Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding, Other
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.0
  • Parcel #: 15DEANAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5200.0
  • Tax Lot: 201
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 5, 2021
Sold by
Rowley Justin and Rowley Alison
Bought by
Catino Dena and Catino Anthony
Seller's Agent
Ryan Hazinakis
Keller Williams Coastal
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$550,000
Sold Price
$640,000
Premium/Discount to List
$90,000
16.36%
Total Days on Market
9
Current Estimated Value
$842,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,465
Avg. Annual Appreciation
7.82%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Nov 15, 2019
Sold by
Leitao Ian A
Bought by
Rowley Justin and Rowley Alison
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.25%
Original Mortgage
$360,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2014
Closed on
Jul 9, 2014
Sold by
Shultz James A and Shultz Christine R
Bought by
Leitao Ian A
Seller's Agent
Shannon Horan
RI Real Estate Services
Buyer's Agent
Rebecca King
Gustave White Sotheby's Realty
List Price
$374,500
Sold Price
$350,000
Premium/Discount to List
-$24,500
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$350,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2013
Sold by
Shultz James A
Bought by
Shultz James A and Vieira Christine R
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
Catino Dena $640,000 None Available
Rowley Justin $450,000 --
Leitao Ian A $350,000 --
Shultz James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowley Justin $360,000
Previous Owner Leitao Ian A $370,197
Previous Owner Shultz James A $375,000
Previous Owner Shultz James A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $640,000 +16.4% $226 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $550,000 +22.2% $194 / Sq Ft
11/15/2019 11/15/19 Sold $450,000 -18.2% $128 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $550,000 +57.1% $156 / Sq Ft
07/09/2014 07/09/14 Sold $350,000 -6.5% $195 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $374,500 -- $209 / 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 $5,763 $701,100 $336,000 $365,100
2023 $4,484 $452,000 $219,600 $232,400
2022 $4,344 $452,000 $219,600 $232,400
2021 $4,217 $452,000 $219,600 $232,400
2020 $4,206 $409,100 $216,700 $192,400
2019 $4,206 $409,100 $216,700 $192,400
2018 $4,087 $409,100 $216,700 $192,400
2017 $3,630 $323,800 $155,000 $168,800
2016 $3,539 $323,800 $155,000 $168,800
2015 $3,455 $323,800 $155,000 $168,800
2014 $3,395 $281,500 $131,800 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1292330

State-Wide MLS

APN: NEWP-000035-000000-000201