NOT LISTED FOR SALE

2 Princeton St Newport, RI 02840

Estimated Value: $854,786 - $1,142,000

6 Beds
3 Baths
2,565 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $385,000 $150 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,517/month

43 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Thermal Windows

About This Home

As of July 2017

Newport 2 family home located off Broadway with off street parking for both units. Unit 1 has 2 hardwood floors, 2 bedrooms, washer dryer hookups in basement, private front porch. Unit 2 is a two level unit with 4 bedrooms and 2 full bathrooms, hardwood floors, washer & dryer hookups in unit, large living room. This 2 family has a private backyard with storage shed.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 05/04/2017

Last Buyer's Agent

Christopher Walker

William Raveis Inspire License #RES.0034034

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1900

Lot Details

  • 3,920

Home Design

  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,565 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • 3,920 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 178
  • Assessor Parcel Number 2PrincetonSTNEWP

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,748

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 2565.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cable TV
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Shingle Siding, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 2PrincetonSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2748.0
  • Tax Lot: 178
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 14, 2017
Sold by
Bidlack Robert M
Bought by
Khan Abdul Q and Lewish-Khan Khadija
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Christopher Walker
William Raveis Inspire
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$956,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,697
Avg. Annual Appreciation
11.45%
Original Mortgage
$241,000
Outstanding Balance
$200,175
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$756,522
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
Khan Abdul Q $385,000 --
Khan Abdul Q $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Abdul Q $241,000
Closed Khan Abdul Q $241,000
Previous Owner Khan Abdul Q $360,000
Previous Owner Khan Abdul Q $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $385,000 -3.5% $150 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $399,000 -- $156 / 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 $5,983 $688,600 $209,500 $479,100
2024 $5,660 $688,600 $209,500 $479,100
2023 $4,467 $450,300 $148,100 $302,200
2022 $4,327 $450,300 $148,100 $302,200
2021 $4,201 $450,300 $148,100 $302,200
2020 $3,552 $345,500 $128,700 $216,800
2019 $3,552 $345,500 $128,700 $216,800
2018 $3,452 $345,500 $128,700 $216,800
2017 $2,819 $251,500 $75,200 $176,300
2016 $2,749 $251,500 $75,200 $176,300
2015 $2,684 $251,500 $75,200 $176,300
2014 $2,874 $238,300 $67,300 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1158459

State-Wide MLS

APN: NEWP-000006-000000-000178