$2,400,000
SOLD JUL 11, 2024
7 Beds
5.5 Baths
5,421 Sq Ft
0.44 Acres

Recently Sold

$443 Per Sq Ft

19% Below List Price

60 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Marble Flooring
  • Water Views
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2024

Welcome to coastal living at its finest! This stunning two-family property offers elegance and comfort with its spacious floor area of 5421 sq ft. The owner's unit boasts 4 bedrooms, 3 1/2 baths on two levels, a large open kitchen with a 6-person dining bar, fireplace and cathedral ceilings. Enjoy the radiant floors, large tiled shower and soaking tub in the primary bath. The second unit features 3 bedrooms and 2 baths. With private decks for each units, peeks of the ocean, and being just a short walk to the beach, this property is perfect for those seeking a seaside retreat. Lots of options for families, guests and rentals. Don't miss out on this gem close to the beaches and downtown Newport!

Last Agent to Sell the Property

The Hadfield Group

Hogan Associates Christie's Brokerage Phone: 401-965-1927 Listed on: 04/05/2024

Last Buyer's Agent

The Hadfield Group

Hogan Associates Christie's Brokerage Phone: 401-965-1927 Listed on: 04/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,127

Year Built

  • Built in 1969

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 5,421 Sq Ft Home
  • 3-Story Property
  • Dry Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Outbuilding

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 0.44 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 17 / NE
  • Assessor Parcel Number 151153ALLSTONAVMDLT

Community Details

Overview

  • 2 Units
  • Easton's Point Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,127

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4398
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 5421.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1969
  • Attribution Contact: 401-965-1927
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Dry Bar, Tub Shower, Cable TV
  • Dining Room Type: Family Room, Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Other

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19157.0
  • Parcel #: 151153ALLSTONAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 16127.0
  • Tax Block: NE
  • Tax Lot: 17
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jul 10, 2024
Sold by
Smith Melanie
Bought by
151 Allston Assoc Llc
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
The Hadfield Group
Hogan Associates Christie's
List Price
$2,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$550,000
-18.64%
Total Days on Market
60
Views
62
Current Estimated Value
$2,456,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,370
Avg. Annual Appreciation
2.03%

Purchase Details

Listed on
Jul 16, 2015
Closed on
Oct 15, 2015
Sold by
Kempenaar 2Nd Robert and Kempenaar Linda C
Bought by
Smith Melanie
Seller's Agent
Gloria Dunn
Gustave White Sotheby's Realty
Buyer's Agent
Ann Ritterbusch
RE/MAX Profnl. Newport, Inc.
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Spurr Daniel O and Spurr Andra
Bought by
Robbat George and Gaston Linda C

Purchase Details

Closed on
Jun 20, 1990
Sold by
Halloran Paul
Bought by
Spurr Daniel
Source: Public Records

Similar Homes in the area

  • 55 Hunter Ave, Newport, RI 02840

    $2,195,000

    • 6 Beds
    • 6 Baths
    • 4,364 Sq Ft
    • 55 Hunter Ave
    • Newport, RI

    Step into the elegance of Victorian architecture with this beautifully maintained home, historically known as Armistead Cottage. Located in the heart of the sought-after Kay-Catherine neighborhood of Newport, Rhode Island, this property has been used as a successful Bed and Breakfast for over 25 years. The initial focus of the house as you enter is a spacious front porch that sets the tone for

    Anna Anton William Raveis Inspire

    Section Image
  • 130 Spring St Unit 132, Newport, RI 02840

    $2,200,000

    • 9 Beds
    • 5 Baths
    • 6,330 Sq Ft
    • 130 Spring St
    • Unit 132
    • Newport, RI

    130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units

    Teri Degnan Teri Degnan RE & Consulting

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $2,400,000 None Available
Warranty Deed $2,400,000 None Available
Warranty Deed $1,150,000 --
Warranty Deed $1,150,000 --
Warranty Deed $165,000 --
Warranty Deed $165,000 --
Warranty Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 No Value Available
Previous Owner $200,000 No Value Available
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $2,400,000 -13.5% $443 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $2,775,000 -5.9% $512 / Sq Ft
04/05/2024 04/05/24 For Sale $2,950,000 0.0% $544 / Sq Ft
08/27/2020 08/27/20 Rented $3,000 -14.3% --
07/28/2020 07/28/20 Under Contract -- -- --
04/15/2020 04/15/20 For Rent $3,500 0.0% --
10/15/2015 10/15/15 Sold $1,150,000 -11.2% $228 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $1,295,000 -- $257 / 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 $24,954 $2,216,200 $803,100 $1,413,100
2023 $14,458 $1,148,400 $429,900 $718,500
2022 $13,804 $1,148,400 $429,900 $718,500
2021 $13,804 $1,148,400 $429,900 $718,500
2020 $12,894 $937,100 $287,500 $649,600
2018 $13,801 $1,003,700 $287,500 $716,200
2016 $11,517 $746,900 $209,500 $537,400
2015 $11,233 $746,900 $209,500 $537,400
2014 $11,280 $701,900 $190,500 $511,400
2013 $11,027 $701,900 $190,500 $511,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1356101

State-Wide MLS

APN: MIDD-000116-N000000E-000017