NOT LISTED FOR SALE

25 Russell Ave Newport, RI 02840

North End Residential Neighborhood

Estimated Value: $811,000 - $1,222,000

5 Beds
2 Baths
1,897 Sq Ft
$497/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $373,000 $197 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $5,561/month

70 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Thermal Windows
  • Wood Flooring
  • 1 Car Detached Garage
  • 5-minute walk to Coggeshall Park

About This Home

As of September 2015

Centrally located large 2 family home with spacious garage, patio, fenced yard & bonus heated room over garage. 1st floor recently renovated. 2nd floor has new kitchen and carpet. Great for owner occupancy or investment!

Last Agent to Sell the Property

Karin Jackson

Lila Delman Compass Listed on: 06/16/2015

Lila Delman Compass

Last Buyer's Agent

Ann Ritterbusch

RE/MAX Profnl. Newport, Inc. License #RES.0021141

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1920

Lot Details

  • 5,210 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,897 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 25RUSSELLAVNEWP

Community Details

Overview

  • 2 Units
  • Malbone Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,955

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1196
  • Subdivision Name: MALBONE
  • Above Grade Finished Sq Ft: 1897.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Skylights, Cable TV
  • Living Area: 1897.0
  • Dining Room Type: Bedroom, Laundry, Storage Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5210.0
  • Parcel #: 25RUSSELLAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2955.0
  • Tax Lot: 92
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Sep 25, 2015
Sold by
Oleary Patrick J
Bought by
Armstrong Karen L
Seller's Agent
Karin Jackson
Lila Delman Compass
Buyer's Agent
Ann Ritterbusch
RE/MAX Profnl. Newport, Inc.
List Price
$380,000
Sold Price
$373,000
Premium/Discount to List
-$7,000
-1.84%
Current Estimated Value
$942,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,393
Avg. Annual Appreciation
9.34%
Original Mortgage
$354,350
Outstanding Balance
$280,406
Interest Rate
3.97%
Estimated Equity
$624,209

Purchase Details

Closed on
Mar 31, 2005
Sold by
Alves David
Bought by
Oleary Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,900
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Moniz Bruce and Moniz Suzanne
Bought by
Alves David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.98%
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
Armstrong Karen L $373,000 --
Oleary Patrick J $425,000 --
Alves David $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Karen L $354,350
Previous Owner Alves David $329,900
Previous Owner Alves David $240,000
Previous Owner Alves David $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $373,000 -1.8% $197 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $380,000 -- $200 / 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 $5,110 $733,200 $222,100 $511,100
2023 $4,742 $478,000 $157,000 $321,000
2022 $4,594 $478,000 $157,000 $321,000
2021 $4,460 $478,000 $157,000 $321,000
2020 $3,665 $356,500 $131,100 $225,400
2019 $3,665 $356,500 $131,100 $225,400
2018 $3,561 $356,500 $131,100 $225,400
2017 $3,054 $272,400 $76,600 $195,800
2016 $2,977 $272,400 $76,600 $195,800
2015 $2,907 $272,400 $76,600 $195,800
2014 $2,955 $245,000 $68,600 $176,400
Source: Public Records

Agents Affiliated with this Home

  • Karin Jackson

    Seller's Agent in 2015

    Karin Jackson

    Lila Delman Compass

    (401) 338-3771

    3 in this area

    162 Total Sales

    Karin Jackson
    Section Image
  • Ann Ritterbusch

    Buyer's Agent in 2015

    Ann Ritterbusch

    RE/MAX Profnl. Newport, Inc.

    (401) 862-9192

    1 in this area

    15 Total Sales

    Ann Ritterbusch
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1099747

State-Wide MLS

APN: NEWP-000007-000000-000092

Rhode Island Newport County Newport 02840 North End Residential

25 Russell Ave, Newport, RI

This home is located at 25 Russell Ave, Newport, RI 02840 since 16 June 2015 and is currently estimated at $942,393, approximately $496 per square foot. This property was built in 1920. 25 Russell 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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