NOT LISTED FOR SALE

18 Channing St Newport, RI 02840

Estimated Value: $827,158 - $905,000

4 Beds
2.5 Baths
2,188 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $395,000 $181 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,956/month

16 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Car Detached Garage
  • Porch
  • Wood Flooring
  • Thermal Windows
  • Bathtub with Shower

About This Home

As of April 2018

Attractive and affordable Victorian-style two-family home has one car garage, great front porch and spacious apartments. Wonderful yard with raised bed gardens, apple trees, blueberry bushes and hydrangea. The first floor has very nice one bedroom apartment with open kitchen and dining area, and large 2-3 bedroom townhouse unit on 2nd and 3rd floors. Oil heat and electricity are separately metered. Tenant on first floor in place until 12/31/2018

Last Agent to Sell the Property

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916 Listed on: 03/08/2018

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Dawn McCauley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation

Interior Spaces

  • 2,188 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 4 Units
  • North End, Broadway/Malbone Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 18CHANNINGSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: North End, Broadway/Malbone
  • Above Grade Finished Sq Ft: 2188.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Other
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Oil, Other
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 18CHANNINGSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2965.0
  • Tax Lot: 113
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 24, 2018
Sold by
Marshall Mark E and Marshall Dawn E
Bought by
Cottrell Gregory
Seller's Agent
Dawn McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Dawn McCauley
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$865,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,790
Avg. Annual Appreciation
10.91%
Original Mortgage
$395,000
Outstanding Balance
$339,851
Interest Rate
4.46%
Mortgage Type
FHA
Estimated Equity
$525,939

Purchase Details

Closed on
Feb 3, 2000
Sold by
Hosmer David W and Hosmer Maryann
Bought by
Hodgkins Robert L and Borges Dawn E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Cottrell Gregory $395,000 --
Hodgkins Robert L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottrell Gregory $395,000
Previous Owner Hodgkins Robert L $223,000
Previous Owner Hodgkins Robert L $200,000
Previous Owner Hodgkins Robert L $210,000
Previous Owner Hodgkins Robert L $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $395,000 -1.0% $181 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $399,000 -- $182 / 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 $4,979 $573,000 $179,900 $393,100
2024 $4,710 $573,000 $179,900 $393,100
2023 $3,885 $391,600 $137,700 $253,900
2022 $3,763 $391,600 $137,700 $253,900
2021 $3,600 $385,800 $137,700 $248,100
2020 $3,234 $314,600 $102,400 $212,200
2019 $3,234 $314,600 $102,400 $212,200
2018 $3,143 $314,600 $102,400 $212,200
2017 $2,965 $264,500 $78,800 $185,700
2016 $2,891 $264,500 $78,800 $185,700
2015 $2,822 $264,500 $78,800 $185,700
2014 $2,861 $237,200 $58,100 $179,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1184575

State-Wide MLS

APN: NEWP-000010-000000-000113