$882,000
SOLD JUN 13, 2017

15 Rhode Island Ave Newport, RI 02840

Kay-Catherine Neighborhood
6 Beds
3 Baths
3,698 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

1% Below List Price

26 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Public Transportation
  • 2 Fireplaces
  • Thermal Windows
  • 4-minute walk to Congdon Parks

About This Home

As of June 2017

Completely remodeled 3 unit multi-family with great rental income near Kay St and Broadway. Spacious units with original details but modern updates: new kitchens with granite and stainless appliances, high ceilings, new bathrooms, hardwood floors, and laundry in each unit. Separate utilities, 3 garage spaces and off-street parking make these units easy to rent. Renovated from top to bottom: new roof, new exterior paint, new plumbing, electrical updated, added insulation, new deck, new fence.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 04/17/2017

RE/MAX Results

Co-Listed By

Joseph Fitzpatrick

RE/MAX Results License #REB.0019890

Last Buyer's Agent

Renee Welchman

Compass / Lila Delman Compass License #REB.0018840

Compass / Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1870

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Stone Foundation

Interior Spaces

  • 3,698 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 069
  • Assessor Parcel Number 15RhodeIslandAVNEWP

Community Details

Overview

  • 4 Units
  • Rhode Island Av/Broadway Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,990

Year Built

Built in 1870

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: Rhode Island Av/Broadway
  • Above Grade Finished Sq Ft: 3698.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1870
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6000.0
  • Parcel #: 15RhodeIslandAVNEWP
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4990.0
  • Tax Lot: 069
  • Tax Year: 2016

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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

Property History

Date Event Price Change Sq Ft Price
06/13/2017 06/13/17 Sold $882,000 -1.5% $239 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $895,000 +88.4% $242 / Sq Ft
10/29/2015 10/29/15 Sold $475,000 -2.9% $128 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $489,000 -- $132 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2017

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    16 in this area

    680 Total Sales

    Joe Fitzpatrick
    Section Image
  • Joseph Fitzpatrick

    Seller Co-Listing Agent in 2017

    Joseph Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    14 Total Sales

    Joseph Fitzpatrick
    Section Image
  • Renee Welchman

    Buyer's Agent in 2017

    Renee Welchman

    Compass / Lila Delman Compass

    (401) 649-1915

    89 Total Sales

    Renee Welchman
    Section Image

  • M

    Seller's Agent in 2015

    Michael Dupre

    Compass / Lila Delman Compass

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1156675

State-Wide MLS

APN: NEWP M:019 B:0069

Rhode Island Newport County Newport 02840 Kay-Catherine

15 Rhode Island Ave, Newport, RI

This home is located at 15 Rhode Island Ave, Newport, RI 02840 and is currently priced at $882,000, approximately $238 per square foot. This property was built in 1870. 15 Rhode Island Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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