NOT LISTED FOR SALE

2 Berkeley Terrace Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $842,000 - $976,000

4 Beds
2 Baths
1,440 Sq Ft
$627/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $500,000 $347 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,469/month

17 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Attic
  • Beach Access
  • Wood Flooring
  • 2-minute walk to Freebody Park

About This Home

As of March 2020

This charming home in nestled in an ideal Newport location, just waiting for you to call it "home". Featuring nice hardwood floors, 4 bedrooms with one of the bedrooms on the first floor, 2 full bathrooms, an outdoor shed and 3 parking spaces. This delightful home is just one block away from famed Bellevue Avenue and a short skip to all that downtown Newport has to offer, Cliff Walk and the beaches. Don't miss this opportunity!

Last Agent to Sell the Property

Connor Dowd

Keller Williams Coastal License #B16208 Listed on: 01/22/2020

Keller Williams Coastal

Last Buyer's Agent

Lisa morrison

Coldwell Banker Realty License #RES.0033995

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned R10

Parking

  • 1 Car Garage
  • No Garage
  • Driveway

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Tennis Courts

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 080
  • Assessor Parcel Number 2BERKELEYTERNEWP

Community Details

Overview

  • Bellevue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,114

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.06
  • Subdivision Name: Bellevue
  • Above Grade Finished Sq Ft: 1440.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1915
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Cable TV
  • Living Area: 1440.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway, Tennis Court(s)
  • Foundation Details: Combination

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 2BERKELEYTERNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4114.05
  • Tax Lot: 080
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jan 28, 2020
Sold by
Gearon William J and Oakley Geraldine G
Bought by
Colson Douglas S and Colson Caterina C
Seller's Agent
Connor Dowd
Keller Williams Coastal
Buyer's Agent
Lisa morrison
Coldwell Banker Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Total Days on Market
17
Current Estimated Value
$902,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,795
Avg. Annual Appreciation
11.94%
Original Mortgage
$450,000
Outstanding Balance
$402,658
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$500,137

Purchase Details

Closed on
Jan 31, 2014
Sold by
Gearon Margaret E
Bought by
Gearon William J and Oakley Geraldine G
Source: Public Records

Range of Values:

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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
Colson Douglas S $500,000 None Available
Gearon William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colson Douglas S $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $500,000 -4.8% $347 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $525,000 -- $365 / 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 $4,810 $690,100 $360,500 $329,600
2023 $4,589 $462,600 $235,700 $226,900
2022 $4,446 $462,600 $235,700 $226,900
2021 $4,311 $462,100 $235,700 $226,400
2020 $4,114 $400,200 $218,800 $181,400
2019 $4,114 $400,200 $218,800 $181,400
2018 $3,998 $400,200 $218,800 $181,400
2017 $3,632 $324,000 $156,400 $167,600
2016 $3,541 $324,000 $156,400 $167,600
2015 $3,457 $324,000 $156,400 $167,600
2014 $3,809 $315,800 $133,000 $182,800
Source: Public Records

Agents Affiliated with this Home

  • Connor Dowd

    Seller's Agent in 2020

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    2 in this area

    409 Total Sales

    Connor Dowd
    Section Image
  • Lisa morrison

    Buyer's Agent in 2020

    Lisa morrison

    Coldwell Banker Realty

    (203) 217-3990

    1 in this area

    87 Total Sales

    Lisa morrison
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1245365

State-Wide MLS

APN: NEWP-000033-000000-000080

Rhode Island Newport County Newport 02840 Memorial Boulevard

2 Berkeley Terrace, Newport, RI

This home is located at 2 Berkeley Terrace, Newport, RI 02840 since 22 January 2020 and is currently estimated at $902,795, approximately $626 per square foot. This property was built in 1915. 2 Berkeley Terrace is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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