NOT LISTED FOR SALE

Estimated Value: $723,000 - $1,046,840

7 Beds
3 Baths
3,150 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $750,000 $238 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,300/month

63 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Bathtub with Shower
  • Golf Course Community
  • Tennis Courts
  • 3-minute walk to Congdon Parks

About This Home

As of April 2024

This remarkable 2-family property, nestled in the heart of Newport, has undergone a recent demo to the first and second floors. Now, it stands as a blank canvas, eagerly awaiting its next chapter. Ideal for investors looking to capitalize on Newport's real estate market or for a creative with the vision to transform the property into a primary home. With three levels of living space, 7 bedrooms, and 3 full bathrooms throughout, the property presents a rare opportunity to tailor the space to your unique vision. Situated in one of Newport's most desirable neighborhoods, between Broadway and Kay St, 17 Cranston Ave enjoys proximity to the city's historic attractions; the vibrant dining and shops of Broadway, easily walk or bike to Bellevue Ave, Cliff Walk, and Easton's Beach, and easy access to the Newport Navy Base, Rt 138, Rt 114, and the Newport Pell Bridge. Newport's rich history and architectural heritage provide a backdrop for crafting a one-of-a-kind living space that pays homage to the past while embracing modern amenities. Whether you're seeking an income-generating asset or envisioning the perfect Newport residence, 17 Cranston Ave is your canvas for inspired living.

Last Agent to Sell the Property

Sarah Kirwin Brady

Residential Properties Ltd. License #RES.0040313 Listed on: 11/17/2023

Residential Properties Ltd.

Last Buyer's Agent

Jonathan Egan

William Raveis Inspire License #RES.0047430

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 1900

Lot Details

  • 3,150 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 3,150 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

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
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 099
  • Assessor Parcel Number 17CRANSTONAVNEWP

Community Details

Overview

  • 2 Units
  • Broadway Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,682

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0723
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 3150.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • 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: 3150.0
  • Parcel #: 17CRANSTONAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4682.0
  • Tax Lot: 099
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Puterio Matthew C
Bought by
Stern Donald A and Stern Patricia D
Current Estimated Value
$914,460

Purchase Details

Closed on
Mar 10, 2015
Sold by
Mayo Richard T Est
Bought by
Marilyn A Mayo Irt

Purchase Details

Closed on
Oct 22, 1982
Bought by
Mayo Richard T
Source: Public Records

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 Buyer Sale Price Title Company
Stern Donald A $610,000 None Available
Marilyn A Mayo Irt -- None Available
Mayo Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayo Richard T $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $750,000 -4.5% $238 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $785,000 -- $249 / 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 $5,646 $649,800 $201,300 $448,500
2024 $5,341 $649,800 $201,300 $448,500
2023 $4,250 $428,400 $142,300 $286,100
2022 $4,117 $428,400 $142,300 $286,100
2021 $3,997 $428,400 $142,300 $286,100
2020 $3,629 $353,000 $127,700 $225,300
2019 $3,629 $353,000 $127,700 $225,300
2018 $3,526 $353,000 $127,700 $225,300
2017 $3,382 $301,700 $98,100 $203,600
2016 $3,298 $301,700 $98,100 $203,600
2015 $3,219 $301,700 $98,100 $203,600
2014 $3,392 $281,300 $98,100 $183,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1344031

State-Wide MLS

APN: NEWP-000019-000000-000099