NOT LISTED FOR SALE

2 Bedlow Ave Newport, RI 02840

Estimated Value: $867,000 - $1,024,000

2 Beds
1 Bath
1,650 Sq Ft
$571/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $625,000 $379 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,763/month

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Laundry Room
  • No HOA
  • Bathtub with Shower
  • 4-minute walk to Vernon Park

About This Home

As of May 2022

Available June 1st for a yearly, unfurnished rental. Bright, sunny, and updated 2nd floor (top) apartment located off of upper Broadway. Apartment includes laundry in the basement, a covered front porch, and a garage space. Extra storage in the basement. Rent includes water/sewer.

Last Agent to Rent the Property

Nancy Sevich

Hogan Associates Christie's License #RES.0044274 Listed on: 05/05/2022

Last Renter's Agent

Jesse Ross

Hogan Associates Christie's License #RES.0045691

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,650

Year Built

  • Built in 1920

Lot Details

  • 3,920

Parking

  • 1 Car Detached Garage

Home Design

  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 6/1/22
  • 12 Month Lease Term
  • Assessor Parcel Number 2BEDLOWAV2NEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North End Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,650

Year Built

Built in 1920

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2022-06-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 1100.0
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 550.0
  • Entry Location: Private Entry,Second Floor Access
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1650.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Water
  • Association: No
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 2BEDLOWAV2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
203 Purgatory Rd Llc
Bought by
Sevich Jeffrey S and Sevich Nancy R
Current Estimated Value
$942,321

Purchase Details

Listed on
Feb 25, 2021
Closed on
Feb 26, 2021
Sold by
Reed Elizabeth E
Bought by
Sevich Jeffrey S and Sevich Nancy R
Seller's Agent
Elizabeth Reed
William Raveis Inspire
Buyer's Agent
Elizabeth Reed
William Raveis Inspire
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$325,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 13, 2014
Closed on
Feb 13, 2015
Sold by
Dove Palm Holdings Inc
Bought by
Reed Elizabeth E
Seller's Agent
Aryn Hawks
Edge Realty RI
Buyer's Agent
Annie Becker
Lila Delman Real Estate
List Price
$369,000
Sold Price
$352,000
Premium/Discount to List
-$17,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$260,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2014
Sold by
Spillane Francis P and Carney Patricia
Bought by
Dove Palm Holdings Inc

Purchase Details

Listed on
Apr 27, 2014
Closed on
Jul 3, 2014
Sold by
Williams Mary E
Bought by
Spillane Francis P and Carney Patricia
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Manuel Rodrigues
Ocean Side Realty
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%
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
Sevich Jeffrey S -- None Available
Sevich Jeffrey S $625,000 None Available
Sevich Jeffrey S $625,000 None Available
Reed Elizabeth E $352,000 --
Reed Elizabeth E $352,000 --
Dove Palm Holdings Inc $215,000 --
Dove Palm Holdings Inc $215,000 --
Spillane Francis P $175,000 --
Spillane Francis P $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sevich Jeffrey S $325,000
Previous Owner Reed Elizabeth E $269,225
Previous Owner Spillane Francis P $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Rented $2,300 +9.5% --
05/09/2022 05/09/22 Under Contract -- -- --
05/05/2022 05/05/22 For Rent $2,100 0.0% --
02/26/2021 02/26/21 Sold $625,000 0.0% $175 / Sq Ft
02/25/2021 02/25/21 For Sale $625,000 0.0% $175 / Sq Ft
03/23/2018 03/23/18 For Rent $1,700 0.0% --
03/23/2018 03/23/18 Rented $1,700 0.0% --
02/16/2015 02/16/15 Sold $352,000 -4.6% $175 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
12/13/2014 12/13/14 For Sale $369,000 +110.9% $183 / Sq Ft
07/07/2014 07/07/14 Sold $175,000 -10.3% $87 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
04/27/2014 04/27/14 For Sale $195,000 -- $97 / 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 $7,650 $930,700 $209,100 $721,600
2023 $6,036 $608,500 $147,800 $460,700
2022 $5,848 $608,500 $147,800 $460,700
2021 $5,677 $608,500 $147,800 $460,700
2020 $3,893 $378,700 $128,700 $250,000
2019 $3,893 $378,700 $128,700 $250,000
2018 $3,783 $378,700 $128,700 $250,000
2017 $3,463 $308,900 $75,200 $233,700
2016 $3,376 $308,900 $75,200 $233,700
2015 $3,296 $308,900 $75,200 $233,700
2014 $3,001 $248,800 $67,300 $181,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2022

    Nancy Sevich

    Hogan Associates Christie's

    Section Image

  • J

    Tenant's Agent in 2022

    Jesse Ross

    Hogan Associates Christie's

    (401) 954-8738

    1 in this area

    13 Total Sales

    Jesse Ross
    Section Image

  • E

    Seller's Agent in 2021

    Elizabeth Reed

    William Raveis Inspire

  • Aryn Hawks

    Seller's Agent in 2015

    Aryn Hawks

    Edge Realty RI

    9 Total Sales

    Aryn Hawks
    Section Image
  • Annie Becker

    Buyer's Agent in 2015

    Annie Becker

    Lila Delman Real Estate

    (401) 855-1127

    6 in this area

    36 Total Sales

    Annie Becker
    Section Image
  • Libby Kirwin

    Seller's Agent in 2014

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    6 in this area

    54 Total Sales

    Libby Kirwin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1309411

State-Wide MLS

APN: NEWP-000007-000000-000156

Rhode Island Newport County Newport 02840

2 Bedlow Ave, Newport, RI

This home is located at 2 Bedlow Ave, Newport, RI 02840 since 05 May 2022 and is currently priced at $942,321. This property was built in 1920. 2 Bedlow Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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