$975,000
SOLD MAY 14, 2025

15 Sheffield Ave Newport, RI 02840

3 Beds
2 Baths
1,405 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$694 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Attic
  • Golf Course Community
  • Wood Flooring
  • 4-minute walk to Coggeshall Park

About This Home

As of May 2025

Fully renovated up/down duplex that offers desired modern living as well as investment potential! This 1,400 square foot gem is perfectly designed for those looking to own a property that provides income opportunities. The first-floor unit has a private from porch entry and features two bedrooms, a contemporary bathroom, and an eat-in-kitchen that is both functional and stylish with direct backyard access through the south facing glass doors. Enjoy the convenience of in-unit laundry, ensuring comfort and ease in everyday living. Ascend to the second-floor unit, where you'll discover a charming one-bedroom space filled with natural light, thanks to its vaulted ceilings, exposed beams, and skylights. The large kitchen island is perfect for culinary creativity or casual dining, and the unit also boasts its own in-unit laundry facilities. Both units have trendy espresso-stained hardwood flooring elevating the living space against the crisp white paint and stone counter tops. Complete with new windows, new mechanics, new electrical, new plumbing, and central AC, gas heat and a new roof, this is truly a turn-key home. Situated on a 4,000-square-foot lot, this property offers a generous backyard, perfect for outdoor gatherings or relaxation. Whether you choose to live in one unit and rent the other, or lease both for maximum income, this property is a versatile asset in Newport close to town and the Navy Base.

Last Agent to Sell the Property

Karin Jackson

Lila Delman Compass Listed on: 04/01/2025

Lila Delman Compass

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 1910

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Clapboard

Interior Spaces

  • 1,405 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Porch
  • 4,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 15SHEFFIELDAVNEWP

Community Details

Overview

  • 2 Units
  • Van Zandt Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,776

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Inclusions: Taxes based on the non-resident tax rate of $8.22 per thousand
  • Subdivision Name: Van Zandt
  • Above Grade Finished Sq Ft: 1405.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), High Ceilings, Skylights, Tub Shower, Vaulted Ceiling(s)
  • Dining Room Type: Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Exterior Features: Porch
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 15SHEFFIELDAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4775.82
  • Tax Lot: 141
  • Tax Map Number: 10
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 13, 2025
Sold by
Bella Bee Estates Llc
Bought by
Kenneth F Murphy Ret
Seller's Agent
Karin Jackson
Lila Delman Compass
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Views
28
Current Estimated Value
$962,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,302
Avg. Annual Appreciation
-3.56%

Purchase Details

Closed on
May 3, 2024
Sold by
Webman Lawrence Z and Creamer Michael
Bought by
Bella Bee Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 1, 2022
Sold by
Murphy Thomas J and Sullivan Patricia A
Bought by
Webman Lawrence Z and Creamer Michael
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
The Donovan Group
Homes By Connect
List Price
$450,000
Sold Price
$478,000
Premium/Discount to List
$28,000
6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.29%
Original Mortgage
$358,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $975,000 None Available
Warranty Deed $975,000 None Available
Warranty Deed $502,500 None Available
Warranty Deed $502,500 None Available
Warranty Deed $502,500 None Available
Warranty Deed $478,000 None Available
Warranty Deed $478,000 None Available
Warranty Deed $478,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $592,000 Purchase Money Mortgage
Previous Owner $358,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $975,000 -2.0% $694 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $995,000 +108.2% $708 / Sq Ft
07/01/2022 07/01/22 Sold $478,000 +6.2% $361 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $450,000 -- $340 / 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 $3,123 $359,400 $186,000 $173,400
2024 $4,177 $508,100 $186,000 $322,100
2023 $3,232 $325,800 $120,600 $205,200
2022 $3,131 $325,800 $120,600 $205,200
2021 $3,040 $325,800 $120,600 $205,200
2020 $2,437 $237,100 $97,900 $139,200
2019 $2,437 $237,100 $97,900 $139,200
2018 $2,369 $237,100 $97,900 $139,200
2017 $2,211 $197,200 $75,200 $122,000
2016 $2,155 $197,200 $75,200 $122,000
2015 $2,104 $197,200 $75,200 $122,000
2014 $2,077 $172,200 $67,300 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1381354

State-Wide MLS

APN: NEWP-000010-000000-000141