$455,000
SOLD OCT 2, 2015

23 Vernon Ave Newport, RI 02840

Eustis-Easton's Pond Neighborhood
7 Beds
3 Baths
3,362 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

3% Below List Price

48 Days on Market

About This Home

As of October 2015

Meticulously maintained multi family comes with upgraded heating systems, roof, windows and living space. Plenty of parking. Park, tennis and more within walking distance. Great cash on cash return with instant cash flow. Fire code compliant!

Last Agent to Sell the Property

Leslie Hogan

Hogan Associates Christie's International Real Estate Listed on: 07/16/2015

Last Buyer's Agent

Matt Hadfield

Hogan Associates Christie's International Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,984

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Private School, Public School
  • Electric: 100 Amps
  • Basement: Full, Interior Access

Exterior Features

  • Foundation: Poured Concrete, Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: R10

Multi Family

  • Expenses Year End: 12/14
  • Total Bedrooms: 7
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 3450

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 --
Warranty Deed $139,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,250 New Conventional
Previous Owner $310,000 No Value Available
Previous Owner $129,000 No Value Available
Previous Owner $137,321 Purchase Money Mortgage
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: MLS Property Information Network (MLS PIN)

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

    Seller'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

    Buyer'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
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71874698

MLS Property Information Network (MLS PIN)

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 and is currently priced at $455,000, approximately $135 per square foot. 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.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes