NOT LISTED FOR SALE

18 Meeting St Newport, RI 02840

Estimated Value: $814,000 - $1,473,000

8 Beds
3 Baths
2,714 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $290,000 $107 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $6,451/month

769 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Cathedral Ceiling
  • Corner Lot
  • 1-minute walk to Eisenhower Park

About This Home

As of August 2013

3 Family in The Heart of Eclectic Washington Sq. Great Location. Seller pays all utilities. Fully Leased. Subject to seller lender approval.

Last Agent to Sell the Property

David Lawrence

Lila Delman Compass License #RES.0015529 Listed on: 06/15/2011

Last Buyer's Agent

Tasha Williams

William Raveis Inspire License #RES.0035859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Home Design

  • Fixer Upper
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,714 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 179
  • Assessor Parcel Number 18MEETINGSTNEWP

Community Details

Overview

  • 3 Units
  • Washington Square Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Building Details

  • Operating Expense $3,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,655

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Subdivision Name: WASHINGTON SQUARE
  • Above Grade Finished Sq Ft: 2714.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Skylights
  • Living Area: 2714.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 18MEETINGSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3655.0

Tax Info

  • Tax Annual Amount: 3655.0
  • Tax Lot: 179
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2011
Closed on
Aug 23, 2013
Sold by
Chapman Stephen K
Bought by
Mills 4Th Frederick A
Seller's Agent
David Lawrence
Lila Delman Compass
Buyer's Agent
Tasha Williams
William Raveis Inspire
List Price
$429,000
Sold Price
$290,000
Premium/Discount to List
-$139,000
-32.4%
Current Estimated Value
$1,090,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,000
Avg. Annual Appreciation
12.35%
Original Mortgage
$265,567
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mills 4Th Frederick A $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heimann Daniel E $341,250
Closed Heimann Daniel E $265,567
Previous Owner Heimann Daniel E $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $290,000 -32.4% $107 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
06/15/2011 06/15/11 For Sale $429,000 -- $158 / 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 $5,798 $705,400 $342,100 $363,300
2023 $4,578 $461,500 $223,700 $237,800
2022 $4,435 $461,500 $223,700 $237,800
2021 $3,949 $423,300 $223,700 $199,600
2020 $3,936 $382,900 $217,200 $165,700
2019 $3,936 $382,900 $217,200 $165,700
2018 $3,825 $382,900 $217,200 $165,700
2017 $3,867 $345,000 $155,400 $189,600
2016 $3,771 $345,000 $155,400 $189,600
2015 $3,681 $345,000 $155,400 $189,600
2014 $3,969 $329,100 $132,100 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 995016

State-Wide MLS

APN: NEWP-000017-000000-000179