NOT LISTED FOR SALE

21 Berkeley Ave Unit 23 Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $1,202,983 - $2,047,000

5 Beds
3 Baths
5,717 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $860,000 $150 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $9,358/month

21 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • 2-minute walk to Freebody Park

About This Home

As of December 2020

One of Berkeley's Best! This very charming three family offers everything necessary for the investor or
owner occupied residence with income. Just 2 blocks from Bellevue Avenue, this. perfect location to enjoy beaches, the Cliff Walk,
shopping, dining, mansions, libraries, parks and museums. This well maintained offering features a first floor unit with a private entrance, living room with gas fireplace, dining room, kitchen, 2 bedrooms and one bath. French doors lead from larger bedroom to garden and patio. First floor unit also has one car garage with storage area.

The Second floor unit has an entrance on the left side of the house with interior stairs to second floor. This apartment has hardwoods, living room, 2 bedrooms, one bath. French doors from one bedroom lead to outdoor deck. The Third floor unit has same entry door into house as the second floor. The entrance into the apartment leads you to an open staircase which takes you into the living room with cathedral ceiling.This is an interesting third floor living space with one bedroom, one bath, and kitchen with door to great private deck. Water, heat and electricity are separated for each apartment. You must see this to appreciate the charm and possibilities! Tenants in place. Masks required.

Last Agent to Sell the Property

Libby Kirwin

Libby Kirwin Real Estate License #REB.0017170 Listed on: 11/09/2020

Last Buyer's Agent

Prutha Patel

RE/MAX Innovations License #RES.0044618

RE/MAX Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,717 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Thermal Windows
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 052
  • Assessor Parcel Number 2123BERKELEYAVNEWP

Community Details

Overview

  • 3 Units
  • Bellevue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $5,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,825

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Bellevue
  • Above Grade Finished Sq Ft: 5717.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 2123BERKELEYAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5825.0

Tax Info

  • Tax Annual Amount: 5825.0
  • Tax Lot: 052
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 29, 2020
Sold by
Carr John R and Ohlsen Ruth W
Bought by
Patel Jayesh and Patel Sonal
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Prutha Patel
RE/MAX Innovations
List Price
$869,000
Sold Price
$860,000
Premium/Discount to List
-$9,000
-1.04%
Total Days on Market
21
Current Estimated Value
$1,521,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,246
Avg. Annual Appreciation
14.12%
Original Mortgage
$645,000
Outstanding Balance
$589,901
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$951,822

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 23, 2014
Sold by
Olson Sharon A
Bought by
Carr John R and Ohlsen Ruth W
Seller's Agent
Patricia Ewenson
William Raveis Inspire
Buyer's Agent
Dorothy Kirwin
Libby Kirwin Real Estate
List Price
$599,000
Sold Price
$566,000
Premium/Discount to List
-$33,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$424,500
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Patel Jayesh $860,000 None Available
Carr John R $566,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jayesh $645,000
Previous Owner Olson Sharon $424,500
Previous Owner Olson Sharon $315,000
Previous Owner Olson Sharon $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $860,000 -1.0% $150 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $869,000 +53.5% $152 / Sq Ft
09/22/2014 09/22/14 Sold $566,000 -5.5% $174 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $599,000 -- $184 / 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 $9,833 $1,196,200 $413,300 $782,900
2023 $7,637 $769,900 $270,200 $499,700
2022 $7,399 $769,900 $270,200 $499,700
2021 $7,183 $769,900 $270,200 $499,700
2020 $5,417 $526,900 $222,800 $304,100
2019 $5,417 $526,900 $222,800 $304,100
2018 $5,264 $526,900 $222,800 $304,100
2017 $5,382 $480,100 $159,400 $320,700
2016 $5,247 $480,100 $159,400 $320,700
2015 $5,123 $480,100 $159,400 $320,700
2014 $4,631 $384,000 $135,500 $248,500
Source: Public Records

Agents Affiliated with this Home

  • Libby Kirwin

    Seller's Agent in 2020

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    2 in this area

    58 Total Sales

    Libby Kirwin
    Section Image

  • P

    Buyer's Agent in 2020

    Prutha Patel

    RE/MAX Innovations

    (401) 573-2900

    1 in this area

    2 Total Sales

    Prutha Patel
    Section Image

  • P

    Seller's Agent in 2014

    Patricia Ewenson

    William Raveis Inspire

  • D

    Buyer's Agent in 2014

    Dorothy Kirwin

    Libby Kirwin Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1267999

State-Wide MLS

APN: NEWP-000033-000000-000052

Rhode Island Newport County Newport 02840 Memorial Boulevard

21 Berkeley Ave Unit 23, Newport, RI

This home is located at 21 Berkeley Ave Unit 23, Newport, RI 02840 since 09 November 2020 and is currently estimated at $1,521,246, approximately $266 per square foot. This property was built in 1900. 21 Berkeley Ave Unit 23 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.

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