NOT LISTED FOR SALE

Estimated Value: $887,061

4 Beds
2 Baths
1,316 Sq Ft
$674/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2024

Last sale price $785,000 $597 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,383 / mo

6 Days on Market

Highlights

  • Marina
  • Solar Power System
  • Cathedral Ceiling
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of July 2024

Recently renovated two-family home on a charming downtown side street with off-street parking. Its location provides immediate access to the bridge or rotary, quiet nights in a charming off-broadway neighborhood adjacent to the historic cemetery, and short walks to shops and restaurants on Broadway, Thames, and the waterfront. This 1800s home was recently rebuilt to offer central air, modern appliances and furnishings, hardwood floors, granite counters, vaulted ceilings, in-unit laundry, keyless entry, a large west-facing deck with views of the sunset over the Newport Bridge, and new solar panels that cover electricity costs. Units have separate entrances, utilities, and solar systems for easy management. With furnishings included, this turn-key property can be your summer retreat or income generating rental starting in July. Tenants in place through June 30, 2024.

Last Agent to Sell the Property

Brittany Crowe Souza

Teri Degnan RE & Consulting License #RES.0046954 Listed on: 05/15/2024

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 1880

Lot Details

  • 1,528

Home Design

  • Plaster

Interior Spaces

  • 1,316 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Solar Power System
  • 1,528 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 016-2
  • Assessor Parcel Number 21WARNERSTNEWP

Community Details

Overview

  • 2 Units
  • Kerry Hill/Broadway Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $22,607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,107

Year Built

Built in 1880

Lot Details

1,528 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0351
  • Subdivision Name: Kerry Hill/Broadway
  • Above Grade Finished Sq Ft: 1316.0
  • Garage Yn: No
  • New Construction: No
  • Green Power: Solar
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower, Furnished, Cable TV
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Other
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1528.0
  • Parcel #: 21WARNERSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 22607.0

Tax Info

  • Tax Annual Amount: 6106.56
  • Tax Lot: 016-2
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 25, 2024
Sold by
Bought by
Seller's Agent
Brittany Crowe Souza
Teri Degnan RE & Consulting
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$749,000
Sold Price
$785,000
Premium/Discount to List
$36,000
4.81%
Views
29
Current Estimated Value
$887,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,061
Avg. Annual Appreciation
6.05%

Purchase Details

Listed on
Oct 30, 2017
Closed on
Nov 29, 2017
Sold by
Bought by
Seller's Agent
Mike Sweeney
Gustave White Sotheby's Realty
Buyer's Agent
Mike Sweeney
Gustave White Sotheby's Realty
List Price
$229,000
Sold Price
$237,500
Premium/Discount to List
$8,500
3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%
Original Mortgage
$178,125
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$785,000 None Available
$237,500 --
$555,000 --
$160,000 --
$84,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $251,000
Closed $178,125
Previous Owner $255,000
Closed $50,000
Previous Owner $215,000
Previous Owner $152,500
Previous Owner $82,812
Closed $60,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $785,000 +4.8% $597 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $749,000 0.0% $569 / Sq Ft
08/10/2019 08/10/19 Rented $2,200 +22.2% --
07/11/2019 07/11/19 Under Contract -- -- --
06/29/2019 06/29/19 For Rent $1,800 -48.6% --
05/13/2019 05/13/19 For Rent $3,500 +16.7% --
05/13/2019 05/13/19 Rented $3,000 0.0% --
04/30/2019 04/30/19 Sold $555,000 -7.3% $221 / Sq Ft View Prior Sale
03/31/2019 03/31/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $599,000 +152.2% $238 / Sq Ft
11/30/2017 11/30/17 Sold $237,500 +3.7% $180 / Sq Ft View Prior Sale
10/31/2017 10/31/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $229,000 -- $174 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,101 $849,700 $130,400 $719,300
2024 $6,985 $849,700 $130,400 $719,300
2023 $5,542 $558,700 $99,800 $458,900
2022 $5,369 $558,700 $99,800 $458,900
2021 $5,213 $558,700 $99,800 $458,900
2020 $5,030 $489,300 $95,400 $393,900
2019 $5,030 $489,300 $95,400 $393,900
2018 $2,742 $274,500 $95,400 $179,100
2017 $2,583 $230,400 $73,400 $157,000
2016 $2,518 $230,400 $73,400 $157,000
2015 $2,458 $230,400 $73,400 $157,000
2014 $2,519 $208,900 $54,100 $154,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1358385

State-Wide MLS

APN: NEWP-000018-000016-000002

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