$789,000
SOLD JAN 27, 2025
2 Beds
2 Baths
1,296 Sq Ft
6,228 Sq Ft Lot

Recently Sold

$609 Per Sq Ft

27% Below List Price

310 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Corner Lot
  • Deck
  • Attic
  • 5-minute walk to Aquidneck Growers Market (Wednesday)

About This Home

As of January 2025

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!

Last Agent to Sell the Property

William Parker Sizeland

Lila Delman Compass License #REB.0014586 Listed on: 03/20/2024

Lila Delman Compass

Co-Listed By

William Parker Sizeland

Lila Delman Compass License #Res.0045143

Last Buyer's Agent

Tracy LeRoux

Link Real Estate License #REB.0018155

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,133

Year Built

  • Built in 1900

Lot Details

  • 6,228 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 25ANNANDALERDNEWP

Community Details

Overview

  • 2 Units
  • Corner Of Annandale Rd & Lowndes St Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,133

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.143
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: Corner of Annandale Rd & Lowndes St
  • Above Grade Finished Sq Ft: 1296.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Other
  • Interior Amenities: Attic, Storage, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6228.0
  • Parcel #: 25ANNANDALERDNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7133.0
  • Tax Lot: 105
  • Tax Map Number: 29
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jan 24, 2025
Sold by
Giglioli Federica and Giannasi Anna
Bought by
Leroux Tracy L and Leroux Michael G
Seller's Agent
William Parker Sizeland
Lila Delman Compass
Buyer's Agent
Tracy LeRoux
Link Real Estate
List Price
$1,080,000
Sold Price
$789,000
Premium/Discount to List
-$291,000
-26.94%
Views
329
Current Estimated Value
$896,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,549
Avg. Annual Appreciation
16.95%
Original Mortgage
$394,500
Outstanding Balance
$392,732
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,425

Purchase Details

Closed on
Nov 24, 2023
Sold by
Gualtiero Stefania
Bought by
Giglioli Federica

Purchase Details

Closed on
Mar 14, 1989
Sold by
Shea Elizabeth
Bought by
Dan Mar Assoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.55%
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 Type Sale Price Title Company
Warranty Deed $789,000 None Available
Warranty Deed $789,000 None Available
Gift Deed -- None Available
Warranty Deed $113,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $394,500 Purchase Money Mortgage
Closed $394,500 Purchase Money Mortgage
Previous Owner $180,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $789,000 -11.4% $609 / Sq Ft
12/05/2024 12/05/24 Price Changed $891,000 -5.7% $688 / Sq Ft
06/12/2024 06/12/24 Price Changed $945,000 -4.5% $729 / Sq Ft
05/02/2024 05/02/24 Price Changed $990,000 -8.3% $764 / Sq Ft
03/22/2024 03/22/24 For Sale $1,080,000 -- $833 / 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 $8,904 $1,083,200 $684,900 $398,300
2023 $6,474 $652,600 $397,300 $255,300
2022 $6,271 $652,600 $397,300 $255,300
2021 $6,089 $652,600 $397,300 $255,300
2020 $5,799 $564,100 $376,400 $187,700
2019 $5,799 $564,100 $376,400 $187,700
2018 $5,635 $564,100 $376,400 $187,700
2017 $4,264 $380,400 $230,800 $149,600
2016 $4,158 $380,400 $230,800 $149,600
2015 $4,059 $380,400 $230,800 $149,600
2014 $3,893 $322,800 $188,800 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1355213

State-Wide MLS

APN: NEWP-000029-000000-000105