NOT LISTED FOR SALE

23 Vernon Ave Newport, RI 02840

Eustis-Easton's Pond Neighborhood

Estimated Value: $894,000 - $1,129,000

2 Beds
1 Bath
1,356 Sq Ft
$759/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $455,000 $336 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,850/month

Highlights

  • Marina
  • Wood Flooring
  • No HOA
  • Golf Course Community
  • Corner Lot
  • 1-minute walk to Vernon Park

About This Home

As of March 2018

Spacious first floor apartment located within minutes of downtown Newport, the beaches and the Navy base. Amenities include off street parking, private deck, two bedrooms, central air and water included in rent.

Last Agent to Rent the Property

Mary Ulrich Budlong

RE/MAX Profnl. Newport, Inc. License #RES.0032913 Listed on: 03/13/2018

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

Michelle Blake

RE/MAX Profnl. Newport, Inc. License #RES.0029404

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1930

Lot Details

  • 6,055

Home Design

  • Entry on the 1st floor
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 1,356 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Corner Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 3/13/18
  • Tenant pays for hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 23VERNONAVNEWP

Community Details

Overview

  • No Home Owners Association
  • Broadway Subdivision

Amenities

  • Public Transportation

Recreation

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,984

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Hot Water
  • Available Date: 2018-03-13

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 1356.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1356.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Playground, Public Transportation, Recreation Area, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Parking, Sewer, Trash Collection, Water
  • Amenities: Playground
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 23VERNONAVNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Sep 22, 2015
Sold by
Cabral Jose V
Bought by
Goddard Matthew R
Seller's Agent
Michelle Blake
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Michelle Blake
RE/MAX Profnl. Newport, Inc.
Sold Price
$1,400
Current Estimated Value
$1,029,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,753
Avg. Annual Appreciation
8.53%
Original Mortgage
$341,250
Outstanding Balance
$269,038
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$760,115

Purchase Details

Closed on
Nov 29, 1995
Sold by
Phillips Mary G
Bought by
Cabral Jose V and Cabral Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,321
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Goddard Matthew R $455,000 --
Cabral Jose V $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goddard Matthew R $341,250
Previous Owner Cabral Jose V $310,000
Previous Owner Cabral Jose V $129,000
Previous Owner Cabral Jose V $137,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 For Rent $1,650 +3.1% --
03/13/2018 03/13/18 Rented $1,600 +6.7% --
10/07/2015 10/07/15 For Rent $1,500 +7.1% --
10/07/2015 10/07/15 Rented $1,400 0.0% --
10/02/2015 10/02/15 Sold $455,000 0.0% $135 / Sq Ft
09/22/2015 09/22/15 Sold $455,000 -3.2% $135 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/23/2015 08/23/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $470,000 0.0% $140 / Sq Ft
01/14/2015 01/14/15 For Sale $470,000 -- $140 / 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 $4,984 $694,100 $230,500 $463,600
2024 $5,706 $694,100 $230,500 $463,600
2023 $4,503 $453,900 $162,900 $291,000
2022 $4,362 $453,900 $162,900 $291,000
2021 $4,235 $453,900 $162,900 $291,000
2020 $3,897 $379,100 $135,400 $243,700
2019 $3,897 $379,100 $135,400 $243,700
2018 $3,787 $379,100 $135,400 $243,700
2017 $4,063 $362,400 $104,200 $258,200
2016 $3,961 $362,400 $104,200 $258,200
2015 $3,867 $362,400 $104,200 $258,200
2014 $3,759 $311,700 $104,200 $207,500
Source: Public Records

Agents Affiliated with this Home

  • Mary Ulrich Budlong

    Landlord's Agent in 2018

    Mary Ulrich Budlong

    RE/MAX Profnl. Newport, Inc.

    (401) 418-0017

    1 in this area

    9 Total Sales

    Mary Ulrich Budlong
    Section Image

  • M

    Tenant's Agent in 2018

    Michelle Blake

    RE/MAX Profnl. Newport, Inc.

    (401) 855-6205

    7 Total Sales

    Michelle Blake
    Section Image
  • Jeff Brooks

    Seller's Agent in 2015

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    2 in this area

    133 Total Sales

    Jeff Brooks
    Section Image
  • Leslie Hogan

    Seller's Agent in 2015

    Leslie Hogan

    Hogan Associates Christie's International Real Estate

    (401) 845-9500

    90 Total Sales

    Leslie Hogan
    Section Image

  • L

    Buyer's Agent in 2015

    Louis Upham

    RE/MAX Profnl. Newport, Inc.

  • Matt Hadfield

    Buyer's Agent in 2015

    Matt Hadfield

    Hogan Associates Christie's International Real Estate

    (401) 207-0083

    5 Total Sales

    Matt Hadfield
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1184895

State-Wide MLS

APN: NEWP-000006-000000-000056

Rhode Island Newport County Newport 02840 Eustis-Easton's Pond

23 Vernon Ave, Newport, RI

This home is located at 23 Vernon Ave, Newport, RI 02840 since 13 March 2018 and is currently priced at $1,029,153. This property was built in 1930. 23 Vernon Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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