NOT LISTED FOR SALE

2 Dearborn St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,468,000 - $1,994,000

2 Beds
1 Bath
900 Sq Ft
$1,914/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $1,200,000 $1,333 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,966/month

Highlights

  • No HOA
  • Shops
  • Baseboard Heating
  • Public Transportation

About This Home

As of April 2024

YEARLY RENTAL AVAILABLE April 1, 2024: $2250/mo+ (tenant pays all utilities). This 1st floor, 2-bed /1 bath rental is full of surprises: A bonus room perfect for an office or guest bedroom, hardwood floors, spacious bedrooms and double closets in the bedrooms!
Enter into the living room with plenty of room for a sectional couch, coffee table and TV setup. Off the living room is a 3-piece bathroom and a good size bedroom. The eat-in kitchen includes built-in storage and drawers as well as a dishwasher. Off of the kitchen is the larger bedroom with enough room for a queen size bed (or even a king) a bureau and desk with office chair. Located on the corner of Dearborn and Thames, this rental offers amazing access to the heart of all Newport has to offer! A fantastic starting point for a walk, run or bike ride.
Shared laundry in the first floor hallway (right outside the unit door).
Oil heat, street parking only. Complete application and background checks required.
Sorry, no smoking and NO PETS.

Last Agent to Rent the Property

Paige Kane

Warner Realty Group License #RES.0044168 Listed on: 03/27/2024

Last Renter's Agent

Paige Kane

Warner Realty Group License #RES.0044168 Listed on: 03/27/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1860

Lot Details

  • 1,568

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 4/1/24
  • 12 Month Lease Term
  • Assessor Parcel Number 2DEARBORNSTNEWP

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Thames St Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1860

Lot Details

1,568 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-04-01
  • Security Deposit: 2250.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Thames St
  • Above Grade Finished Sq Ft: 900.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1860
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 900.0
  • Stories: 3

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • Amenities: Restaurant
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 2DEARBORNSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 16, 2021
Sold by
Rising Tide Inv Llc
Bought by
Segger Inthuon and Cox Jirapa
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Mary Ann Bouchard
Coldwell Banker Coastal Homes
List Price
$1,185,000
Sold Price
$1,200,000
Premium/Discount to List
$15,000
1.27%
Current Estimated Value
$1,722,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,675
Avg. Annual Appreciation
8.31%
Original Mortgage
$900,000
Outstanding Balance
$815,228
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$907,447

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 15, 2015
Sold by
Lanzillo James L and Burak Janet L
Bought by
Rising Tide Inv Llc
Seller's Agent
Loretta Swanson
William Raveis Inspire
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$539,000
Sold Price
$526,000
Premium/Discount to List
-$13,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Original Mortgage
$526,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 29, 2015
Closed on
Aug 28, 2015
Sold by
Smith Corey O and Smith Karen J
Bought by
Lanzillo James L and Burak Janet L
Seller's Agent
Loretta Swanson
William Raveis Inspire
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$539,000
Sold Price
$526,000
Premium/Discount to List
-$13,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2008
Sold by
Hallett Darrell M
Bought by
Smith Corey and Smith Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2005
Sold by
Morovitz David R
Bought by
Goldman Jeffrey R

Purchase Details

Closed on
Aug 31, 2001
Sold by
Sousa Christopher E and Schreiber Randall W
Bought by
Morovitz David R

Purchase Details

Closed on
May 1, 1996
Sold by
Pena Ramona and Woolley William
Bought by
Sousa Christopher E and Schreiber Randall W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Segger Inthuon $1,200,000 None Available
Rising Tide Inv Llc -- --
Lanzillo James L $526,000 --
Smith Corey $633,000 --
Goldman Jeffrey R $559,000 --
Morovitz David R $350,000 --
Sousa Christopher E $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segger Inthuon $900,000
Previous Owner Sousa Christopher E $526,000
Previous Owner Sousa Christopher E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Rented $2,250 0.0% --
04/04/2024 04/04/24 Under Contract -- -- --
04/01/2024 04/01/24 Price Changed $2,250 -4.3% $3 / Sq Ft
03/27/2024 03/27/24 For Rent $2,350 0.0% --
09/16/2021 09/16/21 Sold $1,200,000 +1.3% $289 / Sq Ft View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,185,000 0.0% $285 / Sq Ft
01/26/2021 01/26/21 For Rent $1,550 0.0% --
01/26/2021 01/26/21 Rented $1,550 0.0% --
08/28/2015 08/28/15 Sold $526,000 -2.4% $175 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $539,000 -- $180 / Sq Ft
Source: State-Wide MLS

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 $9,126 $1,050,300 $326,700 $723,600
2024 $8,633 $1,050,300 $326,700 $723,600
2023 $6,597 $665,000 $213,600 $451,400
2022 $6,391 $665,000 $213,600 $451,400
2021 $6,204 $665,000 $213,600 $451,400
2020 $5,315 $517,000 $215,900 $301,100
2019 $5,315 $517,000 $215,900 $301,100
2018 $5,165 $517,000 $215,900 $301,100
2017 $5,309 $473,600 $154,500 $319,100
2016 $5,176 $473,600 $154,500 $319,100
2015 $5,053 $473,600 $154,500 $319,100
2014 $4,811 $398,900 $131,300 $267,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2024

    Paige Kane

    Warner Realty Group

    (401) 662-6775

    1 in this area

    10 Total Sales

    Paige Kane
    Section Image
  • Dave Hackett

    Seller's Agent in 2021

    Dave Hackett

    Mott & Chace Sotheby's Intl.

    (401) 500-0057

    2 in this area

    67 Total Sales

    Dave Hackett
    Section Image
  • Eric Kirton

    Seller's Agent in 2021

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    2 in this area

    87 Total Sales

    Eric Kirton
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2021

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    18 in this area

    682 Total Sales

    Joe Fitzpatrick
    Section Image
  • Mary Ann Bouchard

    Buyer's Agent in 2021

    Mary Ann Bouchard

    Coldwell Banker Coastal Homes

    (401) 323-6910

    1 in this area

    13 Total Sales

    Mary Ann Bouchard
    Section Image

  • L

    Seller's Agent in 2015

    Loretta Swanson

    William Raveis Inspire

    (401) 742-1544

    7 Total Sales

    Loretta Swanson
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1355495

State-Wide MLS

APN: NEWP-000032-000000-000194

Rhode Island Newport County Newport 02840 Historic Hill

2 Dearborn St, Newport, RI

Not Listed for Sale

MultiFamily

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