NOT LISTED FOR SALE

Estimated Value: $1,240,000 - $1,444,007

4 Beds
3 Baths
2,700 Sq Ft
$496/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,170,000 $433 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,737/month

305 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Skylights
  • Wood Flooring
  • 2 Car Detached Garage
  • 3-minute walk to Aquidneck Park

About This Home

As of September 2023

We have 3 units - Each unit is 2 beds/ 1 bath and have been completely renovated. Brand new kitchens, bathrooms, flooring, furnishing, etc. All units are fully furnished and move in ready. They are currently rented until 5/31/25 and we are looking for tenants from 9/1/25-5/31/26 (unit 3 has potential to be a years lease at an increased rate to accommodate the summer monthly pricing). Please reach out with any questions!

Last Agent to Sell the Property

Justin Gallant

J.E. Group Properties License #REC.0018555 Listed on: 10/23/2022

Last Buyer's Agent

Kevan Campbell

Hogan Associates Christie's License #RES.0034444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 1881

Lot Details

  • 2,614

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Utility Room
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Additional Features

  • Walking Distance to Water
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 25FAIRSTNEWP

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,255

Year Built

Built in 1881

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Inclusions: Currently only one unit rented (lease expires June 1, 2023). Owner has chosen to leave other unit vacant for the new owner. Garage is rented to Scooter World for $600/mo. (month to month lease)
  • Above Grade Finished Sq Ft: 2700.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1881
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Skylights, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 25FAIRSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5255.0
  • Tax Lot: 127
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Sep 29, 2023
Sold by
Domingoes Joseph A and Domingoes Dennis Deborah
Bought by
Datz Jacob and Datz Anne
Seller's Agent
Justin Gallant
J.E. Group Properties
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$1,350,000
Sold Price
$1,170,000
Premium/Discount to List
-$180,000
-13.33%
Views
622
Current Estimated Value
$1,338,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,752
Avg. Annual Appreciation
6.76%
Original Mortgage
$936,000
Outstanding Balance
$920,892
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$409,112
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
Datz Jacob $1,170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Datz Jacob $936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $2,200 -- --
09/01/2024 09/01/24 For Rent $2,200 0.0% --
09/29/2023 09/29/23 Sold $1,170,000 -6.4% $433 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $1,250,000 -3.5% $463 / Sq Ft
01/22/2023 01/22/23 Price Changed $1,295,000 -4.1% $480 / Sq Ft
10/23/2022 10/23/22 For Sale $1,350,000 -- $500 / 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 $7,247 $881,600 $352,800 $528,800
2023 $5,588 $563,300 $230,700 $332,600
2022 $5,413 $563,300 $230,700 $332,600
2021 $5,256 $563,300 $230,700 $332,600
2020 $4,570 $444,600 $218,100 $226,500
2019 $4,570 $444,600 $218,100 $226,500
2018 $4,442 $444,600 $218,100 $226,500
2017 $4,258 $379,800 $156,000 $223,800
2016 $4,151 $379,800 $156,000 $223,800
2015 $4,052 $379,800 $156,000 $223,800
2014 $3,910 $324,200 $132,600 $191,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1322678

State-Wide MLS

APN: NEWP-000027-000000-000127