227 Goddard Row Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $331,818
--
Bed
0.5
Bath
898
Sq Ft
$627/mo
HOA Fee
Highlights
- Storage Room
- Forced Air Heating and Cooling System
- 2-minute walk to Queen Anne Square
About This Home
As of May 2023Welcome to this exceptional opportunity to own a commercial condo unit in the heart of downtown Newport, RI. This street level corner unit consists of 898 square feet and boasts high visibility. The unit has been recently renovated and has a full basement, ideal for storage with access from within the unit. The surrounding area is home to a variety of successful businesses, including retail shops, restaurants, and cafes, making it an ideal location for a business to thrive. This commercial condo unit is already income producing, with a tenant in place and generating a steady stream of revenue. Take advantage of this opportunity to own a highly visible and profitable corner unit in a prime location in the heart of downtown Newport, RI.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,542
Year Built
- Built in 1974
Lot Details
- 897
HOA Fees
- $627 Monthly HOA Fees
Home Design
- Brick Foundation
- Vinyl Siding
Interior Spaces
- 0.5 Bathroom
- 898 Sq Ft Home
- 1-Story Property
- Storage Room
- Laminate Flooring
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 1 Parking Space
- No Garage
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 227GODDARDROWNEWP
Community Details
Overview
- Association fees include water
- Brick Market Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
May 23, 2023
Sold by
Jgkg Enterprises Llc
Bought by
Dermatology Logistics Llc
Seller's Agent
Morgan Gabriele-Bucki
Our Real Estate
Buyer's Agent
Morgan Gabriele-Bucki
Our Real Estate
List Price
$232,000
Sold Price
$270,000
Premium/Discount to List
$38,000
16.38%
Total Days on Market
65
Views
406
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,818
Avg. Annual Appreciation
10.25%
Purchase Details
Closed on
Nov 9, 2020
Sold by
Woodhull Eve B
Bought by
Jgkg Enterprises Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dermatology Logistics Llc | $270,000 | None Available | |
| Jgkg Enterprises Llc | $148,080 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Woodhull Eve B | $59,528 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $270,000 | +16.4% | $301 / Sq Ft |
| 03/21/2023 03/21/23 | For Sale | $232,000 | -- | $258 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $2,579 | $246,600 | $0 | $246,600 |
| 2023 | $2,744 | $184,400 | $0 | $184,400 |
| 2022 | $2,618 | $181,700 | $0 | $181,700 |
| 2021 | $2,542 | $181,700 | $0 | $181,700 |
| 2020 | $3,190 | $206,900 | $0 | $206,900 |
| 2019 | $3,190 | $206,900 | $0 | $206,900 |
| 2018 | $3,099 | $206,900 | $0 | $206,900 |
| 2017 | $3,074 | $197,700 | $0 | $197,700 |
| 2016 | $2,997 | $197,700 | $0 | $197,700 |
| 2015 | $2,924 | $197,700 | $0 | $197,700 |
| 2014 | $4,722 | $282,400 | $0 | $282,400 |
Source: Public Records
Agents Affiliated with this Home
-
Morgan Gabriele-Bucki
M
Seller's Agent in 2023
Morgan Gabriele-Bucki
Our Real Estate
(401) 533-1231
1 in this area
2 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1331824
APN: NEWP-000024-000010-000227
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